About Clipapp
Clipapp is a company based in Bengaluru (India) founded in 2016 was acquired by ShareChat in March 2019.. Clipapp has raised $10.06 million across 3 funding rounds from investors including ShareChat, India Quotient and Shunwei Capital. The company has 14 employees as of April 10, 2024. Clipapp has completed 1 acquisition, including Clorik. Clipapp operates in a competitive market with competitors including ShareChat, Instagram, MIXI, Imgur and 9GAG, among others.
- Headquarter Bengaluru, India
- Employees 14 as on 10 Apr, 2024
- Stage Minicorn
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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
*********
- Legal Name Transversal Tech Private Limited
- Date of Incorporation 08 Dec, 2016
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$20.35 K (USD)-55.68as on Mar 31, 2022
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Net Profit
$-263.41 K (USD)-715.95as on Mar 31, 2022
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EBITDA
$-1.3 K (USD)48.37as on Mar 31, 2022
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Total Equity Funding
$10.06 M (USD)
in 3 rounds
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Latest Funding Round
$3.03 M (USD), Series A
Oct 09, 2018
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Investors
ShareChat
& 3 more
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Employee Count
14
as on Apr 10, 2024
- Investments & Acquisitions
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Acquired by
ShareChat
(Mar 02, 2019)
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Funding Insights of Clipapp
Clipapp has successfully raised a total of $10.06M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.03 million completed in October 2018. 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 3
- Last Round Series A — $3.0M
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First Round
First Round
(10 Feb 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Series A - Clipapp | Valuation | Shunwei Capital | |
| Dec, 2017 | Amount | Series A - Clipapp | Valuation | Z47 | |
| Feb, 2017 | Amount | Seed - Clipapp | Valuation |
investors |
| 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 Clipapp
Clipapp has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include ShareChat, India Quotient and Shunwei Capital. 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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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
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Founded Year | Domain | Location | |
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Investment in Indian startups across technology and fintech sectors.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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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 Clipapp
Clipapp has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Clorik. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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An interest-based community platform is developed for user engagement.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Clipapp
| 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 |
Clipapp Comparisons
Competitors of Clipapp
Clipapp 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 ShareChat, Instagram, MIXI, Imgur and 9GAG, 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 |
Media content is shared on an app-based social network platform.
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| domain | founded_year | HQ Location |
Social platform for photo and video sharing
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| domain | founded_year | HQ Location |
Mobile games and social platforms are developed and published.
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| domain | founded_year | HQ Location |
Images are hosted and shared online for viral communities.
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| domain | founded_year | HQ Location |
Image and video sharing social platform
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| domain | founded_year | HQ Location |
Interest-based storybooks are created and shared in an online community.
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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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Latest news on Clipapp
Frequently Asked Questions about Clipapp
When was Clipapp founded?
Clipapp was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Clipapp located?
Clipapp is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Clipapp a funded company?
Clipapp is a funded company, having raised a total of $10.06M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.03M, raised on Feb 10, 2017.
How many employees does Clipapp have?
As of Apr 10, 2024, the latest employee count at Clipapp is 14.
What is the annual revenue of Clipapp?
Annual revenue of Clipapp is $20.35K as on Mar 31, 2022.
What does Clipapp do?
ClipApp is a Bengaluru-based startup that has developed a platform to share video-content around topics of interest. It allows users to create, edit, share short 60-second video clips and also has a chat functionality for enabling them to interact with other members of the platform. Once a user uploads a video, the app employs machine-learning algorithms to connect users with others sharing similar content on the platform. It majorly focuses on the non-English speaking audience and the application is available in multiple vernacular languages including Hindi, Gujarati, Marathi, Bengali, Tamil, Telugu, Kannada, Urdu, Malayalam, and Punjabi. As of January 2018, it is compatible with only Android devices.
Who are the top competitors of Clipapp?
How many acquisitions has Clipapp made?
Clipapp has made 1 acquisition, including Clorik.
Who are Clipapp's investors?
Clipapp has 4 investors. Key investors include ShareChat, India Quotient, Shunwei Capital, and Z47.
What is Clipapp's valuation?
The valuation of Clipapp is $35.38M as of Oct 2018.
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