How much funding has Multipl raised?

Multipl has raised $4.5M in total funding, most recently a Extension Round.

Who are Multipl's investors?

Multipl's investors include Blume Ventures, mixi, GrowX Ventures, IIFL, Kotak Securities.

Where is Multipl headquartered?

Multipl is headquartered in Bengaluru, India.

Multipl

Make your spending money earn

Bengaluru, India · $4.5M raised

Fintech

Headquarters: Bengaluru
Employees: 11–50
Business Model: B2C
Website: multipl.app

Total Funding: $4.5M
Last Round: $1.5M Extension RoundJul 2024
Rounds: 2

About

Multipl is Indias first higher-yield spending account that replaces idle bank savings with AMFI-regulated liquid mutual funds, earning users up to 7% returns on money set aside for everyday spending categories like food, travel, and groceries. Users can invest toward specific spending goals — such as a vacation, gadget, or school fees — and redeem their money as gift cards or vouchers from 100+ brand partners including Swiggy, Zepto, and Flipkart, combining investment returns with brand discounts. The platform also offers planned spending accounts and a long-term wealth account, serving over 500,000 Indian consumers with a B2C mobile-first model regulated under SEBI and AMFI.

Summary

Multipl is a Fintech company based in Bengaluru, India. It has raised $4.5M in total across 2 rounds, most recently a $1.5M Extension Round round in Jul 2024. Investors include Blume Ventures, mixi and GrowX Ventures.