magicpin | Company Profile - Revenue, Headcount, Tech Stack, Contacts
magicpin is a prominent Indian hyperlocal retail platform that connects offline retailers with consumers through a digital ecosystem.
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Overview
magicpin is a prominent Indian hyperlocal retail platform that connects offline retailers with consumers through a digital ecosystem. The company aims to enhance local commerce by enabling users to discover, interact with, and transact at local stores. This approach drives foot traffic and sales for merchants while offering consumers rewards and personalized offers.
The platform includes a seller app, a buyer app, and a developing logistics app, supporting local retailers in sectors like food, fashion, groceries, pharma, and electronics. It operates on a pay-per-conversion model, allowing merchants to pay only when actual sales occur. With over 300,000 retail merchants and more than 10 million users across 12 major Indian cities, the platform fosters community engagement through user-generated content such as selfies and bills from local stores, while focusing on building a data-rich offline retail ecosystem that benefits both retailers and consumers.
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