FundedIQ
Financial Services

Magik Labs: Funding, Investors & Team (Sep 2026)

MagiKInvest was founded in 2022 and is based in Bangalore, India.

magiklabs.io LinkedIn Bangalore, India 1-10 employees
Cryptocurrency Financial Services FinTech
Total raised
$500k
Rounds
1
Latest
Pre-Seed
Apr 2023

Magik Labs has raised $500k across 1 funding round on record, the most recent a Pre-Seed of $500k announced in Apr 2023.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Magik Labs Company Profile and Key Stats

Total funding raised
$500k
across 1 round on record
Funding rounds on record
1
Latest funding round
Pre-Seed
$500k in Apr 2023
Employees
1-10
reported band
Headquarters
Bangalore, India

Latest funding round on record: Apr 2023.

Magik Labs Funding Rounds

Date
Round
Amount
Pre-Seed
$500k

Magik Labs Founders and Leadership Team

Name
Role
Contact
Mohit Jandwani
Founder
Locked

Contact details for the Magik Labs team: 1 of 1 has an email address on file.

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Magik Labs Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
3,249
$3.0M
5,871
$600K

Magik Labs' latest round of $500k is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Magik Labs in Financial Services and Bangalore

Companies Similar to Magik Labs

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Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.

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Rovia is a digital wealth management platform that simplifies cross-border finances, specifically designed…

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Magik Labs Funding FAQs

What does Magik Labs do?

MagiKInvest was founded in 2022 and is based in Bangalore, India.

How much funding has Magik Labs raised?

Magik Labs has raised $500k across 1 round on record. The most recent is a Pre-Seed of $500k announced in Apr 2023.

When did Magik Labs last raise funding?

Magik Labs' most recent funding round on record is a Pre-Seed of $500k, announced in Apr 2023.

Who founded Magik Labs?

FundedIQ lists Mohit Jandwani (Founder) at Magik Labs.

Where is Magik Labs headquartered?

Magik Labs is based in Bangalore, Karnataka, India.

How many employees does Magik Labs have?

Magik Labs is in the 1-10 employee band.

How does Magik Labs' funding compare to other Financial Services startups?

Magik Labs' latest round of $500k is below the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.

About FundedIQ's Magik Labs Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Magik Labs is left off this page rather than filled in.

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