Magicpin

magicpin
TypePrivate
IndustryE-commerce
Founded2015
FoundersAnshoo Sharma, Brij Bhushan
HeadquartersGurugram, Haryana, India
Number of locations
275,000+ stores
Area served
India
Key peopleAnshoo Sharma (Co-founder and CEO)
DivisionsmagicNOW, magicOrder
Websitemagicpin.in

magicpin is an Indian hyperlocal e-commerce and discovery platform founded in 2015 and headquartered in Gurugram, Haryana. In 2024, magicpin launched a 15-minute food delivery service and expanded its logistics operations under the brand MagicFleet.

History

The company initially focused on cashback and rewards for purchases made at local stores, restaurants, and shopping outlets. After it expanded into online food delivery, logistics and quick-commerce related services. In 2017, magicpin raised US$7 million in Series B funding from Lightspeed Venture Partners. The company later received investment from Zomato In 2024, magicpin launched a 15-minute food delivery service and expanded its logistics operations through its delivery network called MagicFleet. In April 2026, magicpin launched Vera an AI-powered assistant designed to help restaurants and retailers manage their digital presence.

See also

References

  1. ↑ "Magicpin adds 6,000 stores in FY25, drives 120 million fashion sales". Entrackr. Retrieved 2 June 2026.
  2. ↑ "Magicpin News and Updates". The Economic Times. Retrieved 2 June 2026.
  3. ↑ "Magicpin to invest Rs 100 crore to onboard new food delivery partners on ONDC". Business Standard. 28 July 2024. Retrieved 2 June 2026.
  4. ↑ "Magicpin CEO Anshoo Sharma goes out on bike to deliver food on New Year's Eve". Moneycontrol. 2 January 2025. Retrieved 2 June 2026.
  5. ↑ "Magicpin launches 15-minute food delivery service". The Financial Express. 5 December 2024. Retrieved 2 June 2026.
  6. ↑ "Magicpin cuts delivery fee amid festive season competition with Zomato, Swiggy". News18. 24 October 2024. Retrieved 2 June 2026.
  7. ↑ "'Yes Madam? No Madam!' Delivery app jabs YesMadam, offers jobs to laid-off stressed employees". Hindustan Times. 12 December 2024. Retrieved 2 June 2026.
  8. ↑ "Magicpin's 'India's Lost Talent' ad on Ranveer Allahbadia's obscene joke goes viral". India Today. 12 February 2025. Retrieved 2 June 2026.
  9. ↑ "Magicpin News and Updates". The Economic Times. Retrieved 2 June 2026.
  10. ↑ "Magicpin plans to hire 250 in next six months for expansion". NDTV Profit. Retrieved 2 June 2026.
  11. ↑ "Hyperlocal startup Magicpin raises $7 million from Lightspeed, Waterbridge". Moneycontrol. 31 May 2017. Retrieved 2 June 2026.
  12. ↑ "About Us". magicpin. Retrieved 2 June 2026.
  13. ↑ "Magicpin launches 15-minute food delivery service". The Financial Express. 5 December 2024. Retrieved 2 June 2026.
  14. ↑ "Magicpin's logistics service MagicFleet targets 2 million monthly deliveries by FY26-end". The Times of India. 19 June 2025. Retrieved 2 June 2026.
  15. ↑ "Magicpin unveils AI assistant Vera to revolutionize restaurant and retail operations". Enterprise AI, The Economic Times. Retrieved 28 September 2026.
  16. ↑ "Magicpin rolls out AI assistant Vera across 6 intl markets, eyes further overseas expansion". Outlook Business. Retrieved 28 September 2026.