About Artflute
Artflute is a company based in Bengaluru (India) founded in 2008.. Artflute has raised $88.4 thousand across 2 funding rounds from investors including Ramakanth Mudumba and Sriram Mangalampalli. Artflute operates in a competitive market with competitors including PosterGully.com, Artwaley, Haastika, NewArtX and Kalakart, among others.
- Headquarter Bengaluru, India
- Stage Minicorn
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pixmywall Art Private Limited
- Date of Incorporation 11 Dec, 2012
- Jurisdiction Amarjyothi Layout Bangalore, Karnataka, India
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Annual Revenue
$77.36 K (USD)-35.38as on Mar 31, 2017
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Net Profit
$-54.2 K (USD)8as on Mar 31, 2017
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EBITDA
$-39.66 K (USD)22.34as on Mar 31, 2017
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Total Equity Funding
$88.4 K (USD)
in 2 rounds
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Latest Funding Round
$23.25 K (USD), Angel Round
Oct 01, 2015
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Investors
& 1 more
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Employee Count
Employee Count
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Funding Insights of Artflute
Artflute has successfully raised a total of $88.4K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $23.25 thousand completed in October 2015. 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 Angel Round — $23,254
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First Round
First Round
(10 Nov 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2015 | Amount | Angel Round - Artflute | Valuation | Ramakanth Mudumba |
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| Nov, 2014 | Amount | Angel Round - Artflute | Valuation | Sriram Mangalampalli |
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| 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 Artflute
Artflute has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Ramakanth Mudumba and Sriram Mangalampalli. 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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RM
Ramakanth Mudumba |
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Founded Year | Domain | Location |
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SM
Sriram Mangalampalli |
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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 Artflute
| 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 - Artflute
| 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 |
Artflute Comparisons
Competitors of Artflute
Artflute 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 PosterGully.com, Artwaley, Haastika, NewArtX and Kalakart, 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 |
An online marketplace is provided for artists to sell merchandise.
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| domain | founded_year | HQ Location |
Art is bought and sold via an online marketplace platform.
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| domain | founded_year | HQ Location |
Haastika is an online platform offering high-quality handicrafts and artwork.
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| domain | founded_year | HQ Location |
Operates an online marketplace for digital art products.
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| domain | founded_year | HQ Location |
An online marketplace featuring a wide range of multi-category art products.
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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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Frequently Asked Questions about Artflute
When was Artflute founded?
Artflute was founded in 2008 and raised its 1st funding round 6 years after it was founded.
Where is Artflute located?
Artflute is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Artflute a funded company?
Artflute is a funded company, having raised a total of $88.4K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $65.15K, raised on Nov 10, 2014.
What is the annual revenue of Artflute?
Annual revenue of Artflute is $77.36K as on Mar 31, 2017.
What does Artflute do?
Artflute was founded in 2008 in Bengaluru, India, as an online marketplace in the art sector. Artworks are listed and traded by users who browse collections and apply filters based on pricing. Artists are registered on the platform to display their pieces and connect with a broader audience. Operations focus on facilitating secure transactions within the digital art trading space.
Who are the top competitors of Artflute?
Artflute's top competitors include PosterGully.com, Artwaley and Dirums.
Who are Artflute's investors?
Artflute has 2 investors. Key investors include Ramakanth Mudumba, and Sriram Mangalampalli.
What is Artflute's valuation?
The valuation of Artflute is $1.31M as of Oct 2015.