Awesummly

Bengaluru, India Founded: 2015 • Age: 11 yrs
Automated online news summaries are provided across multiple topics.
Annual revenue $605 Latest available
Total funding $77,913 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Awesummly

Awesummly is a company based in Bengaluru (India) founded in 2015. Awesummly has raised $77.91 thousand across 2 funding rounds from investors including Axilor Ventures, Lgs Enterprise and Metz Advisory. Awesummly offers products and services including Slot Gaming Platform and Deposit and Withdrawal Services. Awesummly operates in a competitive market with competitors including Toutiao, News Break, DailyHunt, VerSe and SmartNews, among others.

  • Headquarter Bengaluru, India
  • Sectors
    Media & Entertainment
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Nitrolabs Technology Private Limited
  • Date of Incorporation 14 Dec, 2015
  • Jurisdiction Thane, Maharashtra, India
Operational Areas
Media & Entertainment → Digital Media, Publishing & Broadcasting Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $605.19 (USD)
    -86.59
    as on Mar 31, 2019
  • Net Profit
    -$23.36 K (USD)
    46.99
    as on Mar 31, 2019
  • EBITDA
    -$7.5 K (USD)
    87.3
    as on Mar 31, 2019
  • Total Equity Funding
    $77.91 K (USD)

    in 2 rounds

  • Latest Funding Round
    $77.91 K (USD), Seed

    May 18, 2017

  • Investors
  • Employee Count
    Not available
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Products & Services of Awesummly

Awesummly offers a comprehensive portfolio of products and services, including Slot Gaming Platform and Deposit and Withdrawal Services.

Product name locked
Category locked
Primary

Platform for playing slot games with bonuses and high RTP.

Product name locked
Category locked
Locked

Services for quick and secure gaming transactions.

Funding Insights of Awesummly

Awesummly has successfully raised a total of $77.91K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $77.91 thousand completed in May 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.

Investors in Awesummly

Awesummly has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Axilor Ventures, Lgs Enterprise and Metz Advisory.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm investing in early-stage startups in technology sectors.
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Investor details for Awesummly

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Awesummly

Investments
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Investment portfolio details for Awesummly

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Awesummly

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Detailed financials for Awesummly

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  • Profit trends
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Awesummly Comparisons

Awesummly Primary company
Description
Automated online news summaries are provided across multiple...
Location
Bengaluru, India
Founded Year
2015
Annual Revenue
$605.19 (USD)
Net Profit
-$23.36 K (USD)
EBITDA
-$7.5 K (USD)
Employees
Not available
Premium access

Peer comparison for Awesummly

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Awesummly

Awesummly 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 Toutiao, News Break, DailyHunt, VerSe and SmartNews, among others.

Company Name Domain Founded year HQ Location Description
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Personalized news aggregator app
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Multi-category news is aggregated online by News Break.
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Multi-category news is curated and delivered in multiple languages.
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Developer of a short-video platform and technology infrastructure
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Personalized news stories are discovered via machine learning algorithms.
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Online media portal
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Detailed competitors of Awesummly

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  • Domains and locations
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Latest news on Awesummly

Awesummly grabs Rs 1 crore funding
Times Of India9 years ago
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Complete news archive for Awesummly

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Awesummly

Awesummly was founded in 2015.

Awesummly is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Awesummly is a funded company, having raised a total of $77.91K across 2 funding rounds to date.

Annual revenue of Awesummly is $605.19 as on Mar 31, 2019.

Awesummly was established in 2015 in Bengaluru, India, as a provider of automated online news summaries. Coverage includes politics, business, lifestyle, economy, and additional areas. Operations focus on digital delivery, with revenue derived from advertisements and an API service for summary integration. The platform serves users seeking concise news overviews in the media technology sector.

Awesummly's top competitors include DailyHunt, Toutiao and News Break.

Awesummly offers Slot Gaming Platform and Deposit and Withdrawal Services.

Awesummly has 3 investors. Key investors include Axilor Ventures, Lgs Enterprise, and Metz Advisory.

The valuation of Awesummly is $435.5K as of May 2017.

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