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
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Appsdaily Solutions Private Limited
- Date of Incorporation 31 Oct, 2008
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$11.4 M (USD)-21.86as on Mar 31, 2016
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Net Profit
-$12.11 M (USD)-151.03as on Mar 31, 2016
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EBITDA
-$11.73 M (USD)-156.72as on Mar 31, 2016
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Total Equity Funding
$30.37 M (USD)
in 6 rounds
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Latest Funding Round
$3.75 M (USD), Series C
Oct 04, 2016
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Investors
ACG Group
& 41 more
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Employee Count
Not available
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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.
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.
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VC firm investing in India
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Investments in early-stage technology companies are made by Kalaari Capital.
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Venture capital investing in technology sectors such as AI and automotive.
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Investor details for AppsDaily
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Investments & Acquisitions by AppsDaily
Investment portfolio details for AppsDaily
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- Transaction dates
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Financial Statements - AppsDaily
Detailed financials for AppsDaily
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Appsdaily Comparisons
Peer comparison for AppsDaily
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobile and PC app store for all OS
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Operates a multi-platform distribution platform for applications.
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App discovery platform for OEMs
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Android apps are discovered and downloaded via GetJar's categorized platform.
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Apps are distributed via a unified store by mobile operators.
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Detailed competitors of AppsDaily
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Latest news on Appsdaily
Complete news archive for AppsDaily
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- Source and publication date
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Frequently Asked Questions about AppsDaily
AppsDaily was founded in 2008 and raised its 1st funding round 1 year after it was founded.
AppsDaily is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
AppsDaily is a funded company, having raised a total of $30.37M across 6 funding rounds to date.
Annual revenue of AppsDaily is $11.4M as on Mar 31, 2016.
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.
AppsDaily has 42 investors. Key investors include ACG Group, Zodius, Qualcomm Ventures, RTP Global, and Ambrosia Infotech.
The valuation of AppsDaily is $112.01M as of Feb 2015.