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
- SectorsTechnologyRetail
- Email••••••••
- Phone•••• ••••
- Website ciphercode.co
- Social LinkedIn X Facebook YouTube
- Legal Name Ciphercode Tech Solutions Private Limited
- Date of Incorporation 12 Apr, 2018
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹51 Lakh
FY 2025 · -58% YoY
- Net Loss-₹25.7 Lakh
FY 2025 · -50% margin
- EBITDA-₹23.4 Lakh
FY 2025 · -46% margin
- Total Equity Funding$40.98K (USD)
in 1 rounds
- Latest Funding Round$40.98K (USD), Angel Round
Aug 2021
Associated legal entities of Ciphercode
Ciphercode operates through Ciphercode Tech Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ciphercode Tech Solutions Private Limited CIN U72900KA2018PTC112219 | Active | 12 Apr 2018 | Bangalore, Karnataka | ₹0.5 Cr | – | 2 | View details |
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.
Apps and channels of Ciphercode
its YouTube channel Ciphercode Tech. has 21 subscribers and 3 videos.
Videos from Ciphercode
The most watched videos on Ciphercode's YouTube channel, Ciphercode Tech. (21 subscribers). Click a video to play it here.
More on Ciphercode Tech..
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 $40,979
- Total Rounds 1
- Last Round Angel Round — $40,979
- First Round $40,979
(Aug 2021)
- Investors Count 1
All 1 funding rounds of Ciphercode with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | $40,979 | Angel Round | $1.37M | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2021 | $1.37M | •••••••• |
Last known valuation $1.37M (Aug 2021). 1 investors in total: 0 institutional and 1 angel.
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 |
|---|---|---|---|---|
CN Chandrasekhar Nalagala | - | – | unknown_5a8a8bec3ede46779 | - |
Investor details for Ciphercode
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ciphercode Tech Solutions Private Limited (Ciphercode)
Ciphercode Tech Solutions Private Limited is the primary company behind Ciphercode. The board of Ciphercode Tech Solutions Private Limited currently have 2 directors; the longest-serving is Venkata Terugu Chalapathi, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkata Terugu Chalapathi DIN 08109107 | Director | 12 Apr 2018 | 8 yrs 6 mo | Ciphercode Tech Solutions Private Limited |
| Venkata Sankara Satyanarayana Vara Prasad Chimka DIN 11149274 | Director | 11 Jun 2025 | 1 yr 4 mo | Ciphercode Tech Solutions Private Limited |
People of Ciphercode
2 people are tracked at Ciphercode (2 in leadership).
| Name | Role | Group |
|---|---|---|
Venkat Terugu | Co-Founder | Leadership |
Bhaskar Busanagaraja | Co-Founder | Leadership |
Complete people profiles for Ciphercode
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ciphercode
Figures of Ciphercode Tech Solutions Private Limited, the primary company behind Ciphercode, for FY 2025. Revenue was ₹51 Lakh (-58% year on year). Net loss was -₹25.7 Lakh (-50% margin). EBITDA was -₹23.4 Lakh (-46% margin). Revenue has grown at a compounded annual rate of +25% over three years and +95% over five years.
- ₹51 LakhRevenue · FY 2025 · -58% YoY
- -₹25.7 LakhNet loss · -50% margin
- -₹23.4 LakhEBITDA · -46% margin
- ₹1 LakhPaid-up capital
- +25%Revenue CAGR, 3 years
- +95%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ciphercode Tech Solutions Private Limited are on its company page.
Detailed financial statements for Ciphercode
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Ciphercode
3 dated milestones of Ciphercode across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Ciphercode is founded.
- Funding First funding round of $41K.
- Milestone Reaches Minicorn status.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lexer.io | 2008 | Melbourne, Australia | $25.5M | – | Lexer is recognized as a leading customer data and experience platform for retailers. | |
| appbrew.com | 2022 | San Francisco, United States | $2M | 31 | Cloud-based customer engagement solutions for Shopify brands are provided. | |
| 500friends.com | 2010 | San Francisco, United States | $10.9M | – | Omnichannel loyalty solutions are delivered to online and offline retailers. | |
| centsdonations.com | 2021 | Perugia, Italy | $1.25M | – | Customer experience solutions for e-commerce are provided by Cents Donations. | |
| bandicootimaging.com | 2019 | Sydney, Australia | $1.33M | – | Fabric rendering systems are provided for 3D design applications. | |
| siena.cx | 2023 | Wilmington, United States | $4.7M | – | AI-powered customer service solutions are delivered to e-commerce brands. | |
| knowdis.ai | 2018 | Delhi, India | – | 21 | Provides AI-based customer engagement solutions for e-commerce businesses. | |
| e-ot.io | 2019 | Seoul, South Korea | – | – | Provides customer engagement solutions tailored for fashion businesses. |
Detailed competitors of Ciphercode
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Ciphercode
10 companies that operate in the same segment as Ciphercode (Brand & Marketing Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
Crafts global health and wellness brands for digital platforms. | 2021 | Bengaluru, Karnataka, India | USD 206.9 M | USD 71.62 M | 427 | |
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 2,180 | |
Platform acquiring Amazon FBA brands | 2018 | Walpole, Massachusetts, United States | USD 3.35 B | – | 1 | |
Digital consumer brands are acquired and enabled by technology platform. | 2004 | Manchester, Greater Manchester, United Kingdom | USD 722.56 M | USD 2.32 B | 6,790 | |
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
SaaS-based collaborative commerce solutions are provided for brands and retailers. | 2000 | New York, New York, United States | USD 365 M | USD 240.52 M | 1,370 | |
AI-driven conversational marketing solutions are provided for ecommerce businesses. | 2016 | New York, New York, United States | USD 1.03 B | – | – | |
AI platform for retail ecommerce management and optimization is provided. | 2012 | Mountain View, California, United States | USD 195.5 M | USD 11.75 M | 256 | |
Revenue-based financing platform for e-commerce brands | 2019 | Dublin, Ireland | USD 1.24 B | – | – |
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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 2021.
The primary company behind Ciphercode, Ciphercode Tech Solutions Private Limited, reported revenue of ₹51 Lakh for FY 2025, down 58% year on year.
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.
Ciphercode operates through Ciphercode Tech Solutions Private Limited.
The legal entities of Ciphercode currently have 2 directors, including Venkata Terugu Chalapathi, Venkata Sankara Satyanarayana Vara Prasad Chimka.