About Bubbly
Bubbly is a company based in Panchkula (India) founded in 2002 was acquired by Altruist Technologies in August 2014.. Bubbly has raised $50.27 million across 6 funding rounds from investors including Singtel, Altruist Technologies and JAFCO Group. The company has 24 employees as of April 07, 2024. Bubbly operates in a competitive market with competitors including Ximalaya, Voicy, Mentza, Gram Vaani and Yay!, among others.
- Headquarter Panchkula, India
- Employees 24 as on 07 Apr, 2024
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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
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- Legal Name Glow Networks Private Limited
- Date of Incorporation 05 Mar, 2007
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$7.62 M (USD)0as on Mar 31, 2022
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Net Profit
$1.48 M (USD)0as on Mar 31, 2022
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EBITDA
$713.96 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$50.27 M (USD)
in 6 rounds
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Latest Funding Round
$5 M (USD), Series C
Aug 23, 2012
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Investors
Singtel
& 5 more
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Employee Count
24
as on Apr 07, 2024
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Acquired by
Altruist Technologies
(Aug 22, 2014)
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Funding Insights of Bubbly
Bubbly has successfully raised a total of $50.27M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $5 million completed in August 2012. 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 6
- Last Round Series C — $5.0M
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First Round
First Round
(01 Sep 2006)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2012 | Amount | Series C - Bubbly | Valuation |
investors |
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| Mar, 2011 | Amount | Series C - Bubbly | Valuation | Singtel | |
| May, 2009 | Amount | Series C - Bubbly | Valuation | Palomar Ventures |
| 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 Bubbly
Bubbly has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Singtel, Altruist Technologies and JAFCO Group. 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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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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US-focused early-stage venture capital investments are managed by Palomar Ventures.
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Founded Year | Domain | Location | |
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Comcast Ventures is focused on investing in technology startups.
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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 Bubbly
| 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 - Bubbly
| 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 |
Bubbly Comparisons
Competitors of Bubbly
Bubbly 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 Ximalaya, Voicy, Mentza, Gram Vaani and Yay!, 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 |
Online platform for streaming internet radio, audiobooks, and more
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| domain | founded_year | HQ Location |
Online social platform for audio sharing
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| domain | founded_year | HQ Location |
Audio sharing and group conversations are facilitated via mobile app.
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| domain | founded_year | HQ Location |
Online social platform for sharing audio clips
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| domain | founded_year | HQ Location |
App-based audio sharing social platform
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| domain | founded_year | HQ Location |
Community engagement is enabled via audio-based social networking.
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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 Bubbly
When was Bubbly founded?
Bubbly was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Where is Bubbly located?
Bubbly is headquartered in Panchkula, India. It is registered at Panchkula, Haryana, India.
Is Bubbly a funded company?
Bubbly is a funded company, having raised a total of $50.27M across 6 funding rounds to date. The company's 1st funding round was a Series C of $6M, raised on Sep 01, 2006.
How many employees does Bubbly have?
As of Apr 07, 2024, the latest employee count at Bubbly is 24.
What is the annual revenue of Bubbly?
Annual revenue of Bubbly is $7.62M as on Mar 31, 2022.
What does Bubbly do?
Bubbly was founded in 2002 in Panchkula, India, as a social media platform centered on mobile voice messaging. Text and voice updates are shared among users, including friends, family, fans, and followers. Celebrities and sports stars are followed for updates delivered in their authentic voices. The application is provided for iOS and Android devices, supporting global user interactions in the social networking sector.
Who are the top competitors of Bubbly?
Bubbly's top competitors include Ximalaya, Quiph and Gram Vaani.
Who are Bubbly's investors?
Bubbly has 6 investors. Key investors include Singtel, Altruist Technologies, JAFCO Group, Sequoia Capital, and Palomar Ventures.