About Ciphercode
Ciphercode is a company based in Bengaluru (India) founded in 2018 by Venkat Terugu and Bhaskar Busanagaraja. Ciphercode has raised $40.98 thousand across 1 funding round from investors including Chandrasekhar Nalagala. Ciphercode offers products and services including Digital Product Mastery, Omnichannel Engagement, AI-Powered Authentication, and Real-Time Analytics. Ciphercode operates in a competitive market with competitors including Lexer, Appbrew, 500Friends, Cents Donations and Bandicoot Imaging, among others.
- Headquarter Bengaluru, India
- Founders Venkat Terugu, Bhaskar Busanagaraja
- Stage Minicorn
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Sectors
TechnologyRetail
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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 Ciphercode Tech Solutions Private Limited
- Date of Incorporation 12 Apr, 2018
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$31.47 K (USD)160.41as on Mar 31, 2022
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Net Profit
-$8.5 K (USD)-618.74as on Mar 31, 2022
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EBITDA
-$7.43 K (USD)-513.15as on Mar 31, 2022
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Total Equity Funding
$40.98 K (USD)
in 1 rounds
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Latest Funding Round
$40.98 K (USD), Angel Round
Aug 31, 2021
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Investors
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Employee Count
Employee Count
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Products & Services of Ciphercode
Ciphercode offers a comprehensive portfolio of products and services, including Digital Product Mastery, Omnichannel Engagement, AI-Powered Authentication, and Real-Time Analytics.
Transforms products into smart assets for traceability and security.
Facilitates connections across channels to build brand loyalty.
Uses AI for secure product verification and real-time tracking.
Provides insights for marketing strategies and ROI optimization.
Funding Insights of Ciphercode
Ciphercode has successfully raised a total of $40.98K through 1 strategic funding round. The most recent funding activity was a Angel Round of $40.98 thousand completed in August 2021. 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 1
- Last Round Angel Round — $40,979
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First Round
First Round
(31 Aug 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Angel Round - Ciphercode | Valuation |
investors |
Investors in Ciphercode
Ciphercode has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Chandrasekhar Nalagala.
| Investor | Description | Founded Year | Domain | Location |
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CN
Chandrasekhar Nalagala |
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Founded Year | Domain | Location |
Investments & Acquisitions by Ciphercode
Financial Statements - Ciphercode
Ciphercode Comparisons
Competitors of Ciphercode
Ciphercode 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 Lexer, Appbrew, 500Friends, Cents Donations and Bandicoot Imaging, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Lexer is recognized as a leading customer data and experience platform for retailers.
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| domain | founded_year | HQ Location |
Cloud-based customer engagement solutions for Shopify brands are provided.
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| domain | founded_year | HQ Location |
Omnichannel loyalty solutions are delivered to online and offline retailers.
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| domain | founded_year | HQ Location |
Customer experience solutions for e-commerce are provided by Cents Donations.
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| domain | founded_year | HQ Location |
Fabric rendering systems are provided for 3D design applications.
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| domain | founded_year | HQ Location |
AI-powered customer service solutions are delivered to e-commerce brands.
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Latest news on Ciphercode
Frequently Asked Questions about Ciphercode
Ciphercode was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Ciphercode is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ciphercode is a funded company, having raised a total of $40.98K across 1 funding round to date. The company's 1st funding round was a Angel Round of $40.98K, raised on Aug 31, 2021.
Annual revenue of Ciphercode is $31.47K as on Mar 31, 2022.
Ciphercode was founded in 2018 in Bengaluru, India, by co-founders Venkat Terugu and Bhaskar Busanagaraja. Services in security and software development are offered within the technology sector. Operations are centered on cybersecurity solutions and custom development projects. The company is based in Bengaluru, where client needs in the Indian market are addressed through specialized expertise. Focus remains on practical implementations for various industries.
Ciphercode's top competitors include Lexer, 500Friends and Cents Donations.
Ciphercode offers Digital Product Mastery, Omnichannel Engagement, AI-Powered Authentication, and Real-Time Analytics.
Ciphercode has 1 investor. Key investors include Chandrasekhar Nalagala.
The valuation of Ciphercode is $1.37M as of Aug 2021.