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MagicPin
2.6
based on 385 Reviews
Company Overview
Company Locations
Working at MagicPin
Company Summary
Digital platform offering rewards and coupons
Overall Rating
2.6/5
based on 385 reviews
30% below
industry average
Critically rated for
Work satisfaction, Job security, Work-life balance
Work Policy
Work from office
53% employees reported
Monday to Saturday
59% employees reported
Strict timing
52% employees reported
No travel
50% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
12 employees reported
Cafeteria
8 employees reported
Health insurance
7 employees reported
Office cab/shuttle
4 employees reported
View all benefits
About MagicPin
Founded in2015 (10 yrs old)
India Employee Count201-500
Global Employee Count501-1k
India HeadquartersGurgaon,Haryana, India
Office Locations
Websitemagicpin.in
Primary Industry
Other Industries
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Pin a location on the map to find the coolest people in the neighbourhood and where they hangout - from the hippest cafes to the yummiest dimsums, the trendiest fashion boutique, luxurious spas, health clubs, best discounts on grocery stores and more. Find the buzz in your locality through our user generated pictures, videos, reviews to discover interesting people, places and get cashback/rewards for visiting those places.magicpin drives discovery that leads to business for local retailers across categories like restaurant, fashion, beauty, grocery, spa, yoga, gyms, and more. For their spending, users get rewarded in ‘magicpin points’ that can be used to buy more services and experiences at magicpin partner merchants.The biggest advantage of magicpin's Cashback Programme is that it works at ALL stores in a city, and it doesn't matter whether you pay through cash, credit/debit card or e-wallet - you always get your magicpin points.Our user community, known as 'magicians' are up and about in their city’s neighbourhoods sharing their local experiences through picture stories that inspire other users to have those experiences.
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MagicPin Ratings
based on 385 reviews
Overall Rating
2.6/5
How AmbitionBox ratings work?
5
87
4
62
3
66
2
38
1
132
Category Ratings
3.0
Salary
2.6
Skill development
2.4
Promotions
2.3
Company culture
2.3
Work-life balance
2.2
Job security
2.2
Work satisfaction
MagicPin is rated 2.6 out of 5 stars on AmbitionBox, based on 385 company reviews.This rating reflects a below average employee experience, indicating poor satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at MagicPin
based on 360 reviews
2.8
Rated by 57 Women
Rated 3.0 for Salary and 3.0 for Skill development
2.6
Rated by 303 Men
Rated 3.0 for Salary and 2.6 for Skill development
Work Policy at MagicPin
based on 59 reviews in last 6 months
Work from office
53%
Hybrid
42%
Permanent work from home
5%
MagicPin Reviews
Top mentions in MagicPin Reviews
+ 5 more
Compare MagicPin with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 2.6/5 based on 385 reviews | 3.1/5 based on 483 reviews | 3.4/5 based on 448 reviews | 3.6/5 based on 543 reviews |
Highly Rated for | No highly rated category | No highly rated category | No highly rated category | No highly rated category |
Critically Rated for | Job security Work satisfaction Work-life balance | Skill development Job security Promotions | Promotions Work-life balance Work satisfaction | Promotions Job security |
Primary Work Policy | Work from office 53% employees reported | Hybrid 45% employees reported | Work from office 87% employees reported | Work from office 67% employees reported |
Rating by Women Employees | 2.8 Poor rated by 57 women | 2.9 Poor rated by 137 women | 2.9 Poor rated by 82 women | 3.7 Good rated by 98 women |
Rating by Men Employees | 2.6 Poor rated by 303 men | 3.3 Average rated by 308 men | 3.5 Good rated by 324 men | 3.6 Good rated by 419 men |
Job security | 2.2 Poor | 2.9 Poor | 3.1 Average | 3.0 Average |
View more
MagicPin Salaries
MagicPin salaries have received with an average score of 3.0 out of 5 by 385 employees.
Team Lead
(56 salaries)
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₹2.2 L/yr - ₹7.5 L/yr
Senior Associate
(54 salaries)
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₹2.9 L/yr - ₹9.3 L/yr
Key Account Manager
(54 salaries)
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₹3 L/yr - ₹9.5 L/yr
Business Development Executive
(50 salaries)
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₹2.8 L/yr - ₹8 L/yr
Business Development Associate
(47 salaries)
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₹3.8 L/yr - ₹7.5 L/yr
Business Development Manager
(39 salaries)
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₹4.2 L/yr - ₹12 L/yr
Sales Executive
(36 salaries)
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₹1.1 L/yr - ₹4 L/yr
Accounts Manager
(36 salaries)
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₹2.8 L/yr - ₹6.5 L/yr
Senior Business Development Associate
(30 salaries)
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₹3.5 L/yr - ₹10 L/yr
Data Analyst
(30 salaries)
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₹2.2 L/yr - ₹9.2 L/yr
MagicPin Jobs
Popular Skills MagicPin Hires for
Current Openings
MagicPin News
View all
IIM Alumni-Founded Startup magicpin Triples Revenue To Rs 870 Cr in FY24, Becomes India's 3rd Largest Food Delivery App
- Magicpin, a hyperlocal e-commerce startup, has become India's 3rd largest food delivery app.
- Magicpin reported a 3x increase in its revenue for FY24, reaching Rs 870 crore.
- Through the ONDC network, Magicpin fulfills 1.5 lakh food and logistics orders daily.
- Magicpin's cash burn decreased by 30% year-on-year while EBITDA margin improved to -9.8% in FY24.
Startup Pedia | 13 Feb, 2025
magicpin clocks multifold growth in FY24 with improved profitability
- magicpin has achieved multifold growth in revenue and improved profitability in FY24.
- The company reported a threefold increase in revenue, reaching Rs 870 crore in FY24 compared to Rs 297 crore in FY23.
- magicpin also witnessed a significant reduction in cash burn, with a 30% improvement during FY24.
- The company aims to achieve EBITDA breakeven in the next six months.
Yourstory | 11 Feb, 2025
Archies teams up with Magicpin to boost digital gifting sales
- Archies Limited has partnered with Magicpin to boost digital gifting sales.
- The collaboration aims to engage with a digital-first audience and expand Archies' customer base.
- Magicpin will integrate Archies' products into its network of retailers and brands.
- The partnership will focus on measuring sales growth, customer engagement, and repeat purchases during peak gifting periods.
HinduBusinessLine | 13 Jan, 2025
Zomato Rejoins Quick-Commerce Race With 15 Minute Food Delivery Service
- Zomato has quietly introduced a 15-minute food delivery service, competing with rivals like Swiggy's Bolt, Magicpin, and Zepto.
- Zomato's entry into quick-commerce comes after launching its quick-commerce unit, Blinkit, offering rapid food delivery with Bistro.
- Swiggy's Bolt has already captured a 5% market share, while Ola has also rolled out its 10-minute food delivery service, Ola Dash.
- Reliance and Myntra are also entering the quick-commerce space, promising fast deliveries to consumers.
VIE Stories | 8 Jan, 2025
BigBasket wants a slice of the 10-min food delivery pie
- Tata-backed BigBasket plans to offer a 10-minute food delivery service.
- The service will include a mix of house brands and private labels.
- BigBasket aims to leverage the synergies with Tata brands like Starbucks and Qmin.
- Other players like Swiggy, Zepto Cafe, Zomato, and magicpin are also exploring 10-minute food delivery options.
Yourstory | 18 Dec, 2024
Magicpin Enters 15-Minute Food Delivery To Take On Zomato's Bistro, Swiggy's Bolt
- Magicpin, India's third largest food delivery app, has launched 15-minute food deliveries through MagicNow.
- MagicNow will provide fast food delivery within a 1.5–2 km radius in Bengaluru, Hyderabad, Mumbai, Chennai, Pune, and the NCR.
- The delivery will be done through third-party logistics partners, and only from popular food brands.
- Magicpin has pivoted to being a major food delivery app after becoming a network participant on the Open Network for Digital Commerce.
Bloomberg Quint | 17 Dec, 2024
magicpin Launches 15-Minute Food Delivery Service
- Hyperlocal delivery startup magicpin has launched magicNOW, a 15-minute food delivery service.
- The service will initially be launched in six Indian cities and aims to maintain food freshness by operating within a 1.5-2 km delivery radius and partnering directly with restaurants.
- magicNOW completed a successful pilot phase in select localities of Delhi NCR and Bengaluru, with 75,000 deliveries.
- The service will be powered by Velocity by magicpin, which aggregates third-party logistics providers.
Inc42 | 17 Dec, 2024
magicpin jumps on the 15-minute food delivery ride; launches magicNOW
- India's third-largest food delivery app magicpin has launched its 15-minute food delivery service magicNOW.
- magicNOW has partnered with popular food brands like Chaayos, Faasos, Wendy’s, Burger King, McDonald’s, Tacobell, Barista, as well as local non-branded restaurants.
- The service will be available in key pincodes of cities including NCR, Bangalore, Chennai, Hyderabad, Mumbai, and Pune.
- To ensure quality and freshness, magicNOW adheres to a strict geographical limit of 1.5 to 2 kilometers and utilizes delivery partners from aggregators like Shadowfax, Dunzo, and OLA.
Yourstory | 17 Dec, 2024
Magicpin Launches magicNOW To Quick Food Delivery Service
- Hyperlocal delivery startup Magicpin has launched magicNOW, a food delivery service that promises deliveries within 15 minutes, initially in six Indian cities.
- The service aims to keep food fresh by delivering within a 1.5-2 km radius and partnering directly with restaurants.
- Magicpin is an online platform that helps users find nearby restaurants, fashion stores, spas, and fitness centers.
- Magicpin has partnered with over 2,000 brands and 1,000 local restaurants.
VIE Stories | 17 Dec, 2024
'No Madam': magicpin gives befitting reply to YesMadam laying off employees
- Home salon services startup YesMadam allegedly lays off employees who reported high stress levels in an internal survey.
- Magicpin, a hyperlocal ecommerce app, offers jobs to the laid-off employees through a creative marketing strategy.
- YesMadam claims that no employees were fired for being stressed, stating it was part of a planned effort to raise awareness about workplace stress.
- YesMadam introduces a 'De-Stress Leave' policy and offers corporate programs like head massages and spa sessions for employees.
Yourstory | 10 Dec, 2024
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MagicPin FAQs
When was MagicPin founded?
MagicPin was founded in 2015. The company has been operating for 10 years primarily in the Internet sector.
Where is the MagicPin headquarters located?
MagicPin is headquartered in Gurgaon,Haryana. It operates in 4 cities such as Gurgaon / Gurugram, Bangalore / Bengaluru, Mumbai, Pune. To explore all the office locations, visit MagicPin locations.
How many employees does MagicPin have in India?
MagicPin currently has more than 300+ employees in India. Sales & Business Development department appears to have the highest employee count in MagicPin based on the number of reviews submitted on AmbitionBox.
Does MagicPin have good work-life balance?
MagicPin has a work-life balance rating of 2.3 out of 5 based on 300+ employee reviews on AmbitionBox. 61% employees rated MagicPin 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read MagicPin work-life balance reviews for more details
Is MagicPin good for career growth?
Career growth at MagicPin is rated as poor, with a promotions and appraisal rating of 2.4. 61% employees rated MagicPin 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading MagicPin promotions/appraisals reviews for more detailed insights.
What are the cons of working in MagicPin?
Working at MagicPin does have some drawbacks that potential employees should consider. The company is poorly rated for work satisfaction, job security and work life balance, based on 300+ employee reviews on AmbitionBox.
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