About Appsfly
Appsfly is a company based in Bengaluru (India) founded in 2015 was acquired by WalmartLabs in September 2018.. Appsfly has raised $261.03 thousand across 2 funding rounds from investors including Axilor Ventures, 50k Ventures and Touchstone Equities. Appsfly offers products and services including Casino Games, Sports Betting, Nổ Hũ, Xổ Số, and Bắn Cá. Appsfly operates in a competitive market with competitors including Replit, Xamarin, Progress, Azul Systems and Posit, among others.
- Headquarter Bengaluru, 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 Dhurya Technologies Private Limited
- Date of Incorporation 14 Jul, 2016
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$0 (USD)-100as on Mar 31, 2020
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Net Profit
$-13.23 K (USD)25.23as on Mar 31, 2020
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EBITDA
$-13.23 K (USD)-13.17as on Mar 31, 2020
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Total Equity Funding
$261.03 K (USD)
in 2 rounds
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Latest Funding Round
$261.03 K (USD), Seed
Apr 05, 2017
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Investors
Axilor Ventures
& 21 more
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Employee Count
Employee Count
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Acquired by
WalmartLabs
(Sep 05, 2018)
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Products & Services of Appsfly
Appsfly offers a comprehensive portfolio of products and services, including Casino Games, Sports Betting, Nổ Hũ, Xổ Số, and Bắn Cá. 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.
Platform for playing digital casino games like slots and tables.
Service for wagering on sports events and outcomes online.
Game featuring slot machines for jackpot-style entertainment.
System for participating in online lottery and number games.
Interactive shooting game for earning rewards through gameplay.
Collection of card-based games for competitive play online.
Betting option on virtual or simulated cockfighting events.
Funding Insights of Appsfly
Appsfly has successfully raised a total of $261.03K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $261.03 thousand completed in April 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 2
- Last Round Seed — $261,029
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First Round
First Round
(21 Dec 2016)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Seed - Appsfly | Valuation | Touchstone Equities | |
| Dec, 2016 | Amount | Grant - Appsfly | 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 Appsfly
Appsfly has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Axilor Ventures, 50k Ventures and Touchstone Equities. 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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VC firm investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Venture capital firm investing in tech startups
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage startups in technology sectors.
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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 Appsfly
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Appsfly
| 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 |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Appsfly Comparisons
Competitors of Appsfly
Appsfly 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 Replit, Xamarin, Progress, Azul Systems and Posit, 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 |
AI powered application development platform
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| domain | founded_year | HQ Location |
Cross-platform application development tools are provided by Xamarin.
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| domain | founded_year | HQ Location |
IDE-based software is provided for application development and management.
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| domain | founded_year | HQ Location |
IDE based app development platform
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| domain | founded_year | HQ Location |
Open-source data science tools are developed for teams and enterprises.
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| domain | founded_year | HQ Location |
Cross-platform user interface and application development for desktop and embedded platforms
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Appsfly
Frequently Asked Questions about Appsfly
When was Appsfly founded?
Appsfly was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Appsfly located?
Appsfly is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Appsfly a funded company?
Appsfly is a funded company, having raised a total of $261.03K across 2 funding rounds to date. The company's 1st funding round was a Grant of $1.84K, raised on Dec 21, 2016.
What does Appsfly do?
Appsfly was founded in 2015 in Bengaluru, India, within the mobile technology sector. An integrated platform for developing mobile applications is offered, focusing on user targeting through contextual services. Micro apps are hosted on cloud or server environments and streamed to platforms based on specific contexts. User behavior is analyzed to identify and support relevant use cases, enabling service delivery in the mobile app domain.
Who are the top competitors of Appsfly?
Appsfly's top competitors include Replit, Posit and Azul Systems.
What products or services does Appsfly offer?
Appsfly offers Casino Games, Sports Betting, Nổ Hũ, Xổ Số, and 3 more products and services.
Who are Appsfly's investors?
Appsfly has 22 investors. Key investors include Axilor Ventures, 50k Ventures, Touchstone Equities, Ishtah Software Solutions India, and Wisdom IT Services.
What is Appsfly's valuation?
The valuation of Appsfly is $1.34M as of Apr 2017.
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