About Appiness
Appiness is a company based in Bengaluru (India) founded in 2012 by Rigin Velayudhan, Visakh Viswambharan, and Sunil P Thomas. It operates as a Professional Services, and AI-as-a-Service. The company has 162 employees as of April 07, 2024. Appiness offers products and services including Digital Transformation Consulting, AI Solutions, and UI/UX Design. Appiness operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Bengaluru, India
- Employees 162 as on 07 Apr, 2024
- Founders Rigin Velayudhan, Visakh Viswambharan, Sunil P Thomas
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Sectors
TechnologyBusiness Services
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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 Appiness Interactive Pvt. Ltd.
- Date of Incorporation 08 Mar, 2012
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$1.71 M (USD)15.79as on Mar 31, 2023
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Net Profit
$3.55 K (USD)-21.62as on Mar 31, 2023
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EBITDA
$75.72 K (USD)2.6as on Mar 31, 2023
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Latest Funding Round
$1.77 M (USD), Grant
Sep 01, 2018
- Investors
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Employee Count
162
as on Apr 07, 2024
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Products & Services of Appiness
Appiness offers a comprehensive portfolio of products and services, including Digital Transformation Consulting, AI Solutions, and UI/UX Design. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Digital transformation strategies are provided for business growth.
AI-driven solutions are developed for various industries.
User experience designs are crafted for digital products.
Funding Insights of Appiness
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $1.8M
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First Round
First Round
(01 Sep 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Grant - Appiness | Valuation |
investors |
| 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 Appiness
Appiness has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Appiness
| 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 - Appiness
| 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 |
Appiness Comparisons
Competitors of Appiness
Appiness 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 UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, 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 |
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High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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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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Frequently Asked Questions about Appiness
When was Appiness founded?
Appiness was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Where is Appiness located?
Appiness is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Appiness?
Visakh Viswambharan is the current CEO of Appiness. They have also founded this company.
How many employees does Appiness have?
As of Apr 07, 2024, the latest employee count at Appiness is 162.
What is the annual revenue of Appiness?
Annual revenue of Appiness is $1.71M as on Mar 31, 2023.
What does Appiness do?
Appiness is involved in providing digital transformation, AI solutions, and UIUX design services. The company serves startups and Fortune 500 clients across various industries, focusing on data-driven strategies and innovative technology solutions. Services are extended through consulting, strategy development, and global capability centers. Sectors such as healthcare, market intelligence, and manufacturing are covered, with an emphasis on enhancing digital visibility and operational efficiency.
Who are the top competitors of Appiness?
Appiness's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does Appiness offer?
Appiness offers Digital Transformation Consulting, AI Solutions, and UI/UX Design.
Who are Appiness's investors?
Appiness has 1 investor. Key investors include European Union.
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