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Momoe has been acquired and is now part of ShopClues.com, an e-commerce marketplace and startup unicorn, since 2016. Momoe is no longer operational as a mobile payments app. Momoe enables people to pay with their mobile phones when they eat out, shop and commute. People can pay on Momoe with their existing credit cards, debit cards or bank accounts. Momoe is accepted at restaurants, retail stores and toll roads in leading cities in India.
Investor insights
Funding rounds participated in
$1.2M sweet spot round size
Investor type
Privately Held
Basic info
Industry
Consumer Services
Sectors
Consumer Services
Date founded
2014
Funding rounds raised
Total raised
$1.2M
from 3 investors over 1 rounds
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Momoe (acquired by ShopClues) raised $1.2M on March 27, 2015
Investors: Chiratae Ventures, Jungle Ventures and + 1 Other investor