About Aircto
Aircto is a company based in Bengaluru (India) founded in 2015 was acquired by Gojek in June 2019.. Aircto has raised $139.64 thousand across 1 funding round from investors including Gojek, Francesco Cara and Francesco Carante. Aircto operates in a competitive market with competitors including HackerRank, CoCubes, Filtered, Codility and HackerEarth, among others.
- Headquarter Bengaluru, India
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Launchyard Technologies Private Limited
- Date of Incorporation 30 Jan, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$479.37 (USD)-98.99as on Mar 31, 2021
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Net Profit
$-1.96 K (USD)-178.33as on Mar 31, 2021
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EBITDA
$-2.44 K (USD)-182.41as on Mar 31, 2021
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Total Equity Funding
$139.64 K (USD)
in 1 rounds
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Latest Funding Round
$139.64 K (USD), Angel Round
Jul 19, 2017
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Investors
Gojek
& 2 more
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Employee Count
Employee Count
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Acquired by
Gojek
(Jun 11, 2019)
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Funding Insights of Aircto
Aircto has successfully raised a total of $139.64K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $139.64 thousand completed in July 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Angel Round — $139,643
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First Round
First Round
(19 Jul 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Angel Round - Aircto | Valuation | Francesco Cara , Francesco Carante |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aircto
Aircto has secured backing from 3 investors, including angel and institutional investors. Prominent investors backing the company include Gojek, Francesco Cara and Francesco Carante. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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App based platform offering on demand delivery and ride-hailing services
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Founded Year | Domain | Location | |
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FC
Francesco Cara |
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Founded Year | Domain | Location |
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FC
Francesco Carante |
Angel investor and startup mentor, focusing on Indian tech ecosystem.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aircto
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aircto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aircto Comparisons
Competitors of Aircto
Aircto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HackerRank, CoCubes, Filtered, Codility and HackerEarth, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Technical skills assessments and developer interview solutions are provided.
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| domain | founded_year | HQ Location |
Online assessment solutions are provided for candidates, institutes, and corporates.
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| domain | founded_year | HQ Location |
Candidates are assessed for technical skills through a cloud-based platform.
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| domain | founded_year | HQ Location |
Programming skills of candidates are assessed via automated online challenges.
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| domain | founded_year | HQ Location |
IT recruitment assessments are conducted via a cloud-based platform.
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| domain | founded_year | HQ Location |
Technical skills of engineering candidates are evaluated through cloud-based interviews.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aircto
Frequently Asked Questions about Aircto
When was Aircto founded?
Aircto was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Aircto located?
Aircto is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Aircto a funded company?
Aircto is a funded company, having raised a total of $139.64K across 1 funding round to date. The company's 1st funding round was a Angel Round of $139.64K, raised on Jul 19, 2017.
What is the annual revenue of Aircto?
Annual revenue of Aircto is $479.37 as on Mar 31, 2021.
What does Aircto do?
Aircto, product by Launchyard, offers cloud-based recruitment platform for hiring technical talent. Service is focused towards technical recruitment. Companies share candidate list along with the detailed job description including a set of keywords like Python, Ruby, Javascript, ReactJS, Objective C. Based on the data provided potential candidates are interviewed. Expert conducts one-on-one video interview and a report on the candidates technical ability is generated. Raised an undisclosed amount in angel investment from former Nokia director Francesco Cara in July 2017. Citrix, Toppr, Kuliza, Haptik, and BangTheTable constitute their clientele.
Who are the top competitors of Aircto?
Aircto's top competitors include HackerRank, CoCubes and Triplebyte.
Who are Aircto's investors?
Aircto has 3 investors. Key investors include Gojek, Francesco Cara, and Francesco Carante.
What is Aircto's valuation?
The valuation of Aircto is $947.81K as of Jul 2017.
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