AppsDaily

Mumbai, India Founded: 2008 • Age: 18 yrs
Mobile apps are distributed offline through retail stores in India.
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About AppsDaily

AppsDaily is a company based in Mumbai (India) founded in 2008.. AppsDaily has raised $30.37 million across 6 funding rounds from investors including ACG Group, Zodius and Qualcomm Ventures. AppsDaily operates in a competitive market with competitors including Handmark, Uptodown, appAttach, GetJar and Onestore, among others.

  • Headquarter Mumbai, India
  • Stage Minicorn
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Appsdaily Solutions Private Limited
  • Date of Incorporation 31 Oct, 2008
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity → →
Key Metrics
  • Annual Revenue
    $11.4 M (USD)
    -21.86
    as on Mar 31, 2016
  • Net Profit
    $-12.11 M (USD)
    -151.03
    as on Mar 31, 2016
  • EBITDA
    $-11.73 M (USD)
    -156.72
    as on Mar 31, 2016
  • Total Equity Funding
    $30.37 M (USD)

    in 6 rounds

  • Latest Funding Round
    $3.75 M (USD), Series C

    Oct 04, 2016

  • Investors
    ACG Group

    & 41 more

  • Employee Count
    Employee Count
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Funding Insights of AppsDaily

AppsDaily has successfully raised a total of $30.37M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $3.75 million completed in October 2016. 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 Rounds 6
  • Last Round Series C — $3.8M
  • First Round

    (02 Jul 2009)

  • Investors Count 42
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2016 Amount Series C - AppsDaily Valuation Zodius , RTP Global
Kalaari Capital , Qualcomm Ventures
Feb, 2015 Amount Series C - AppsDaily Valuation Zodius
Qualcomm Ventures , RTP Global
Oct, 2013 Amount Series B - AppsDaily Valuation RTP Global , ru-Net
Qualcomm Ventures , Kalaari Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in AppsDaily

AppsDaily has secured backing from 42 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include ACG Group, Zodius and Qualcomm Ventures. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Zodius
VC firm investing in India
Founded Year Domain Location
Kalaari Capital
Investments in early-stage technology companies are made by Kalaari Capital.
Founded Year Domain Location
Qualcomm Ventures
Venture capital investing in technology sectors such as AI and automotive.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AppsDaily

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - AppsDaily

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Appsdaily Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of AppsDaily

AppsDaily 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 Handmark, Uptodown, appAttach, GetJar and Onestore, 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
Handmark
domain founded_year HQ Location
Mobile and PC app store for all OS
Uptodown
domain founded_year HQ Location
Operates a multi-platform distribution platform for applications.
appAttach
domain founded_year HQ Location
App discovery platform for OEMs
GetJar
domain founded_year HQ Location
Android apps are discovered and downloaded via GetJar's categorized platform.
Onestore
domain founded_year HQ Location
Apps are distributed via a unified store by mobile operators.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Appsdaily

Frequently Asked Questions about AppsDaily

When was AppsDaily founded?

AppsDaily was founded in 2008 and raised its 1st funding round 1 year after it was founded.

Where is AppsDaily located?

AppsDaily is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Is AppsDaily a funded company?

AppsDaily is a funded company, having raised a total of $30.37M across 6 funding rounds to date. The company's 1st funding round was a Series B of $5.1M, raised on Jul 02, 2009.

What is the annual revenue of AppsDaily?

Annual revenue of AppsDaily is $11.4M as on Mar 31, 2016.

What does AppsDaily do?

Apps Daily (earlier Onward Mobility) sells mobile apps through offline retail outlets in India. It creates its own apps as well as acts as distributor for other app developers. Distributes apps through a retail network of 7K mobile stores across 700 cities to new smartphone users. It has stationed its own employees in 3K outlets to sell its security products. Already sold 1.5M apps and has 3M customers. Raised Series C round of funding led by Zodius Capital which also saw the partial exit of Mumbai Angels. In Oc 2016, secured Rs25 crore (3.75 million) from founders and existing investors. Claims to have 2M customers, and operate in more than 700 cities with more than 400 distributors and 10,000 outlets. Company board includes Vani Kola of Kalaari Capital, Gautam Patel of Zodius Capital, Galina Chifina of Ru-net and Rajiv Dadlani, founder and chief executive of Consort Capital Services.

Who are the top competitors of AppsDaily?

AppsDaily's top competitors include Mobius, Handmark and GetJar.

Who are AppsDaily's investors?

AppsDaily has 42 investors. Key investors include ACG Group, Zodius, Qualcomm Ventures, RTP Global, and Ambrosia Infotech.

What is AppsDaily's valuation?

The valuation of AppsDaily is $112.01M as of Feb 2015.

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