Atlancer

Mumbai, India Founded: 2017 • Age: 9 yrs Minicorn
Freelancers are matched with clients across diverse industries online.

About Atlancer

Atlancer is a Technology company based in Mumbai (India) founded in 2017 by Armand Poonawala and Aaliya Kanuga. Freelancers are matched with clients across diverse industries online. Atlancer has raised $457.84 thousand across 3 funding rounds from investors including Upekkha, Riidl and 8Finity Global. Atlancer was last valued at $1.79 million in March 2024. Its chief executive, as recorded, is Armand Poonawala. Its Indian entity Crave Information Private Limited reported revenue of β‚Ή53.9 Lakh. Its focus areas include Enterprise Applications, HRTech, Freelancer Marketplace and Multi-Industry.

Company details

Atlancer was founded in 2017 in Mumbai, India, as an online marketplace for freelancing services in multiple sectors. Jobs are posted and searched based on skills, categories, locations, salary levels, and experience requirements. Professionals such as web developers, photographers, copywriters, and SEO experts are hired through the platform. Operations focus on facilitating connections between freelancers and clients globally, with a base in the Indian market.

  • Headquarters Mumbai, India
  • Founders Armand Poonawala, Aaliya Kanuga
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website atlancer.com
  • Social LinkedIn X Facebook
  • Legal Name Crave Information Private Limited
  • Date of Incorporation 17 Sep, 2018
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹53.9 Lakh

    FY 2024 · -43% YoY

  • Net Profit
    ₹76.7 Lakh

    FY 2024 · 142% margin

  • EBITDA
    ₹79.1 Lakh

    FY 2024 · 147% margin

  • Total Equity Funding
    $457.84K (USD)

    in 3 rounds

  • Latest Funding Round
    $120.61K (USD), Seed

    Mar 2024

  • Investors
    Upekkha

    & 3 more

Funding Insights of Atlancer

Atlancer has successfully raised a total of $457.84K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $120.61 thousand completed in March 2024. 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 $457,843
  • Total Rounds 3
  • Last Round Seed β€” $120,612
  • First Round $277,671

    (Jan 2019)

  • Investors Count 4

All 3 funding rounds of Atlancer with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024$120,612Seed$1.79M–
Oct 2022$59,560Seed$1.3MRiidl
–
Jan 2019$277,671Seed$β€’β€’β€’β€’β€’8Finity Global
Valuation history
DateValuationStage
Mar 2024$1.79Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2022$1.3Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jan 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Atlancer

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Last known valuation $1.79M (Mar 2024). 4 investors in total: 3 institutional and 1 angel.

Investors in Atlancer

Atlancer has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Upekkha, Riidl and 8Finity Global.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
AI startup acceleration and networking services are offered globally.
2017upekkha.ioBengaluru, India
Research, innovation, incubation, and design services.
2010riidl.orgMumbai, India
Venture capital fund focused on investing in early-stage tech startups
20178finity.globalMumbai, India

Anupam Mittal

Founder of Shaadi.com, angel investor, Shark Tank India judge
unknown_52f385572e51429aa
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Investor details for Atlancer

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Board of directors of Crave Information Private Limited (Atlancer)

Crave Information Private Limited is the primary company behind Atlancer. The board of Crave Information Private Limited currently have 2 directors; the longest-serving is Aaliya Ajay Kanuga, appointed in 2018. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Aaliya Ajay Kanuga
DIN 07999205
Director17 Sep 20188 yrs 1 moCrave Information Private Limited
Armand Poonawala
DIN 07986029
Director17 Sep 20188 yrs 1 moCrave Information Private Limited

People of Atlancer

2 people are tracked at Atlancer (2 in leadership).

NameRoleGroup
Co-Founder & CEOLeadership
Co-FounderLeadership
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Financials of Atlancer

Figures of Crave Information Private Limited, the primary company behind Atlancer, for FY 2024. Revenue was ₹53.9 Lakh (-43% year on year). Net profit was ₹76.7 Lakh (142% margin). EBITDA was ₹79.1 Lakh (147% margin). Revenue has grown at a compounded annual rate of -26% over three years and +36% over five years.

  • ₹53.9 LakhRevenue · FY 2024 · -43% YoY
  • ₹76.7 LakhNet profit · 142% margin
  • ₹79.1 LakhEBITDA · 147% margin
  • ₹1.5 LakhPaid-up capital
  • -26%Revenue CAGR, 3 years
  • +36%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Crave Information Private Limited are on its company page.

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Detailed financial statements for Atlancer

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Timeline of Atlancer

4 dated milestones of Atlancer across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Atlancer is founded.
  2. Funding First funding round of $278K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $121K.
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Related news about Atlancer

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Frequently Asked Questions about Atlancer

Atlancer was founded in 2017 and raised its 1st funding round 2 years after it was founded.

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

Armand Poonawala is the CEO of Atlancer, as recorded in our data. They have also founded this company.

Atlancer is a funded company, having raised a total of $457.84K across 3 funding rounds to date. The company's 1st funding round was a Seed of $277.67K, raised on Jan 2019.

The primary company behind Atlancer, Crave Information Private Limited, reported revenue of β‚Ή53.9 Lakh for FY 2024, down 43% year on year.

Atlancer was founded in 2017 in Mumbai, India, as an online marketplace for freelancing services in multiple sectors. Jobs are posted and searched based on skills, categories, locations, salary levels, and experience requirements. Professionals such as web developers, photographers, copywriters, and SEO experts are hired through the platform. Operations focus on facilitating connections between freelancers and clients globally, with a base in the Indian market.

Atlancer has 4 investors. Key investors include Upekkha, Riidl, 8Finity Global, and Anupam Mittal.

The valuation of Atlancer is $1.79M as of Mar 2024.

Atlancer operates through Crave Information Private Limited.

The legal entities of Atlancer currently have 2 directors, including Aaliya Ajay Kanuga, Armand Poonawala.

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