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
Locked
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Phone
Locked
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Website
Locked
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Social
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- 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.
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.
| 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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Investment in Indian startups across technology and fintech sectors.
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Venture capital investment firm
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Locked | Locked | Locked |
Investor details for Clipapp
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Investments & Acquisitions by Clipapp
Clipapp has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Clorik.
Investment portfolio details for Clipapp
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- Transaction dates
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| 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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Complete acquisition details for Clipapp
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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Financial Statements - Clipapp
Detailed financials for Clipapp
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- Profit trends
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Clipapp Comparisons
Peer comparison for Clipapp
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- Headcount comparison
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Media content is shared on an app-based social network platform.
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Social platform for photo and video sharing
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Mobile games and social platforms are developed and published.
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Images are hosted and shared online for viral communities.
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Image and video sharing social platform
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Interest-based storybooks are created and shared in an online community.
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Detailed competitors of Clipapp
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Latest news on Clipapp
Complete news archive for Clipapp
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Frequently Asked Questions about Clipapp
Clipapp was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Clipapp is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Clipapp is a funded company, having raised a total of $10.06M across 3 funding rounds to date.
As of Apr 10, 2024, the latest employee count at Clipapp is 14.
Annual revenue of Clipapp is $20.35K as on Mar 31, 2022.
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.
Clipapp has made 1 acquisition, including Clorik.
Clipapp has 4 investors. Key investors include ShareChat, India Quotient, Shunwei Capital, and Z47.
The valuation of Clipapp is $35.38M as of Oct 2018.