About Appstar Applications
Appstar Applications is a Technology company based in Chennai (India) founded in 2020. Mobile app development services are provided to various clients. Appstar Applications has raised $12.09 million across 2 funding rounds from investors including Manoj C Adhikari, Kalaari Capital and QED Corp. The company has 80 employees. Appstar Applications was last valued at $53.24 million in May 2022. Its Indian entity Appstars Applications Private Limited reported revenue of ₹22.02 Cr. Appstar Applications offers products and services including AI Agent, AI Copilot, AI Chatbot, and AI Voicebot. Its focus areas include Business Services, IT Services, Application Development and Mobile App Development.
Company details
Appstar Applications was founded in 2020 and is headquartered in Chennai, India. Operations focus on the technology sector, specifically mobile app development. Services include custom application design, development, and deployment for mobile platforms. The company serves clients across different industries through its domain, appstarsapplications.com. Activities are centered in the Indian market, with potential for broader outreach.
- Headquarters Chennai, India
- Employees 80
- Stage Minicorn
- SectorsTechnology
- Website appstarsapplications.com
- Legal Name Appstars Applications Private Limited
- Date of Incorporation 26 Nov, 2020
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹22.02 Cr
FY 2025 · -36% YoY
- Net Loss-₹4.07 Cr
FY 2025 · -18% margin
- EBITDA-₹1.13 Cr
FY 2025 · -5% margin
- Total Equity Funding$12.09M (USD)
in 2 rounds
- Latest Funding Round$49.05K (USD), Angel Round
May 2022
- InvestorsKalaari Capital
& 7 more
- Employee Count80
Associated legal entities of Appstar Applications
Appstar Applications operates through Appstars Applications Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Appstars Applications Private Limited CIN U72900TN2020PTC139713 | Active | 26 Nov 2020 | Chennai, Tamil Nadu | ₹22.0 Cr | 80 | 2 | View details |
Products & Services of Appstar Applications
Appstar Applications offers a comprehensive portfolio of products and services, including AI Agent, AI Copilot, AI Chatbot, and AI Voicebot.
Autonomous system for multi-step workflows and business data integration.
Intelligent assistant providing real-time task support and recommendations.
Tool for smart Q&A and integration with enterprise apps.
Voice-driven system for calls, bookings, and multilingual interactions.
Funding Insights of Appstar Applications
Appstar Applications has successfully raised a total of $12.09M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $49.05 thousand completed in May 2022. 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 $12.09M
- Total Rounds 2
- Last Round Angel Round — $49,052
- First Round $12.04M
(Nov 2021)
- Investors Count 8
All 2 funding rounds of Appstar Applications with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | $49,052 | Angel Round | $53.24M | Manoj C Adhikari | – |
| Nov 2021 | $12.04M | Seed | $50.74M | Kalaari Capital |
| Date | Valuation | Stage |
|---|---|---|
| May 2022 | $53.24M | •••••••• |
| Nov 2021 | $50.74M | •••••••• |
Last known valuation $53.24M (May 2022). 8 investors in total: 2 institutional and 6 angel.
Investors in Appstar Applications
Appstar Applications has secured backing from 8 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Manoj C Adhikari, Kalaari Capital and QED Corp.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in early-stage technology companies are made by Kalaari Capital. | kalaari.com | Bengaluru, India | ||
Auditing, assurance, tax, accounting, and M&A advisory services are provided. | qedcorp.co.in | Chennai, India | ||
MC Manoj C Adhikari | Angel investor and entrepreneur, focused on tech startups in India. | unknown_0c4534e56a3140c5a | ||
LA Logan Anjaneyalu | unknown_954353ab40c745f09 | |||
PS Philomin Subbathra | unknown_32e7efbdcb4349279 | |||
A Amala | unknown_6d18c208006e4248a | |||
SA Shailesh Amritlal Shah | unknown_fa966fdd9ab54cd0a | |||
DA Dhinal Ashvinbhai Shah | unknown_2c95017019ef43eb9 |
Investor details for Appstar Applications
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Appstars Applications Private Limited (Appstar Applications)
Appstars Applications Private Limited is the primary company behind Appstar Applications. The board of Appstars Applications Private Limited currently have 2 directors; the longest-serving is Ramkumar Subramaniam, appointed in 2020. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramkumar Subramaniam DIN 07102156 | Director | 26 Nov 2020 | 5 yrs 11 mo | Appstars Applications Private Limited |
| Kameshwaran DIN 03045568 | Director | 26 Nov 2020 | 5 yrs 11 mo | Appstars Applications Private Limited |
Financials of Appstar Applications
Figures of Appstars Applications Private Limited, the primary company behind Appstar Applications, for FY 2025. Revenue was ₹22.02 Cr (-36% year on year). Net loss was -₹4.07 Cr (-18% margin). EBITDA was -₹1.13 Cr (-5% margin). Revenue has grown at a compounded annual rate of -3% over three years.
- ₹22.02 CrRevenue · FY 2025 · -36% YoY
- -₹4.07 CrNet loss · -18% margin
- -₹1.13 CrEBITDA · -5% margin
- ₹2 LakhPaid-up capital
- 80Employees (provident fund records)
- -3%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Appstars Applications Private Limited are on its company page.
Detailed financial statements for Appstar Applications
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Appstar Applications
4 dated milestones of Appstar Applications across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Appstar Applications is founded.
- Funding First funding round of $12.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $49K.
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Related news about Appstar Applications
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Frequently Asked Questions about Appstar Applications
Appstar Applications was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Appstar Applications is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Appstar Applications is a funded company, having raised a total of $12.09M across 2 funding rounds to date. The company's 1st funding round was a Seed of $12.04M, raised on Nov 2021.
Appstar Applications has 80 employees.
The primary company behind Appstar Applications, Appstars Applications Private Limited, reported revenue of ₹22.02 Cr for FY 2025, down 36% year on year.
Appstar Applications was founded in 2020 and is headquartered in Chennai, India. Operations focus on the technology sector, specifically mobile app development. Services include custom application design, development, and deployment for mobile platforms. The company serves clients across different industries through its domain, appstarsapplications.com. Activities are centered in the Indian market, with potential for broader outreach.
Appstar Applications offers AI Agent, AI Copilot, AI Chatbot, and AI Voicebot.
Appstar Applications has 8 investors. Key investors include Manoj C Adhikari, Kalaari Capital, QED Corp, Logan Anjaneyalu, and Philomin Subbathra.
The valuation of Appstar Applications is $53.24M as of May 2022.
Appstar Applications operates through Appstars Applications Private Limited.
The legal entities of Appstar Applications currently have 2 directors, including Ramkumar Subramaniam, Kameshwaran.