About Althea Systems
Althea Systems is a company based in Bengaluru (India) founded in 2009 by Vijaya Sagar Vinnakota, Kishore A K, and Vinod Gopinath. It operates as a D2C. Althea Systems has raised $3.94 million across 3 funding rounds from investors including Intel Capital, Ashok Vittal and Charu Chandra. Althea Systems offers products and services including SURGA99 Gaming Platform and Althea Systems Games. Althea Systems operates in a competitive market with competitors including Fan TV, Love Stories TV, VideoSurf, Shelby.tv and 5min, among others.
- Headquarter Bengaluru, India
- Founders Vijaya Sagar Vinnakota, Kishore A K, Vinod Gopinath
- Stage Minicorn
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Althea Systems & Software Private Limited
- Date of Incorporation 18 Jun, 2009
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$50.6 (USD)-99.39as on Mar 31, 2016
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Net Profit
$75.78 (USD)100.17as on Mar 31, 2016
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EBITDA
-$686.91 (USD)98as on Mar 31, 2016
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Total Equity Funding
$3.94 M (USD)
in 3 rounds
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Latest Funding Round
$789.09 K (USD), Series A
Jun 29, 2012
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Investors
Intel Capital
& 9 more
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Employee Count
Not available
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Products & Services of Althea Systems
Althea Systems offers a comprehensive portfolio of products and services, including SURGA99 Gaming Platform and Althea Systems Games.
Platform for playing interactive games and winning real money rewards.
Games offering secure challenges with opportunities to earn cash prizes.
Funding Insights of Althea Systems
Althea Systems has successfully raised a total of $3.94M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $789.09 thousand completed in June 2012. 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.
Investors in Althea Systems
Althea Systems has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Intel Capital, Ashok Vittal and Charu Chandra.
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Investment in technology startups focusing on compute, AI, and related innovations.
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Ashok Vittal |
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Charu Chandra |
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Investor details for Althea Systems
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Investments & Acquisitions by Althea Systems
Investment portfolio details for Althea Systems
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Financial Statements - Althea Systems
Detailed financials for Althea Systems
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Althea Systems Comparisons
Peer comparison for Althea Systems
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Competitors of Althea Systems
Althea Systems 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 Fan TV, Love Stories TV, VideoSurf, Shelby.tv and 5min, among others.
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Movies and TV shows are aggregated, watched, and shared online.
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Online platform to find wedding vendors
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Video search engine platform
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Video discovery platform provider
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Instructional videos are aggregated and distributed to partner sites.
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Cross-platform video behavioral data is analyzed for cultural insights.
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Detailed competitors of Althea Systems
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Althea Systems
Complete news archive for Althea Systems
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Frequently Asked Questions about Althea Systems
Althea Systems was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Althea Systems is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Kishore A K is the current CEO of Althea Systems. They have also founded this company.
Althea Systems is a funded company, having raised a total of $3.94M across 3 funding rounds to date.
Annual revenue of Althea Systems is $50.6 as on Mar 31, 2016.
SURGA99 operates as an online platform developed by Althea Systems, providing users with interactive games that offer opportunities to win real money prizes through challenges and missions. It focuses on secure, transparent gaming experiences accessible via login and registration. Users can enjoy various games designed for entertainment and rewards, emphasizing ease of play without complex processes. Based on the text, it targets individuals seeking fun and potential earnings, though specific locations are not detailed.
Althea Systems's top competitors include Fan TV, Love Stories TV and Winnin.
Althea Systems offers SURGA99 Gaming Platform and Althea Systems Games.
Althea Systems has 10 investors. Key investors include Intel Capital, Ashok Vittal, Charu Chandra, K Srikrishna, and Ramesh Haridas.
The valuation of Althea Systems is $8.89M as of Jun 2012.