About Conyct
Conyct is a Media & Entertainment company based in Delhi (India) founded in 2017. Mobile application to build a professional network. Conyct has raised $1.48 million across 3 funding rounds from investors including Manipal Group, Primarc and Indian Angel Network Fund. The company has 1 employees. Conyct was last valued at $6.97 million in April 2021. Its Indian entity Zerone Microsystems Private Limited reported revenue of ₹1.64 Cr. Its focus areas include Consumer, Social Platforms, Professionals and Horizontal.
Company details
Conyct was founded in 2017 in Delhi, India, as a mobile application in the professional networking sector. Contact details, social media profiles, and business cards are exchanged among users through the platform. Notifications are sent regarding updates made by network connections. The app operates on both Android and iOS devices, supporting users in maintaining professional relationships.
- Headquarters Delhi, India
- Employees 1
- Stage Minicorn
- SectorsMedia & Entertainment
- Email••••••••
- Website conyct.com
- Legal Name Zerone Microsystems Private Limited
- Date of Incorporation 07 Oct, 2009
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹1.64 Cr
FY 2024 · +45% YoY
- Net Profit₹1.08 Cr
FY 2024 · 66% margin
- EBITDA-₹30.7 Lakh
FY 2024 · -19% margin
- Total Equity Funding$1.48M (USD)
in 3 rounds
- Latest Funding Round$432.61K (USD), Seed
Apr 2021
- InvestorsManipal Group
& 105 more
- Employee Count1
Associated legal entities of Conyct
Conyct operates through Zerone Microsystems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Zerone Microsystems Private Limited CIN U72900DL2009PTC194966 | Active | 07 Oct 2009 | New Delhi, Delhi | ₹1.6 Cr | 1 | 2 | View details |
Funding Insights of Conyct
Conyct has successfully raised a total of $1.48M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $432.61 thousand completed in April 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 $1.48M
- Total Rounds 3
- Last Round Seed — $432,611
- First Round $273,792
(Apr 2019)
- Investors Count 106
All 3 funding rounds of Conyct 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 |
|---|---|---|---|---|---|
| Apr 2021 | $432,611 | Seed | $6.97M | Ram Mohan Avittathur Vaiyath, Kamalambal Natarajan | |
| Aug 2020 | $770,740 | Seed | $6.54M | Indian Angel Network Fund, Shead Investment Holdings | |
| Apr 2019 | $273,792 | Seed | $••••• | Anthill Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2021 | $6.97M | •••••••• |
| Aug 2020 | $6.54M | •••••••• |
| Apr 2019 | $••••• | •••••••• |
Full valuation and stage history of Conyct
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $6.97M (Apr 2021). 106 investors in total: 20 institutional and 86 angel.
Investors in Conyct
Conyct has secured backing from 106 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Manipal Group, Primarc and Indian Angel Network Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments and support for startups in sectors like AI and healthcare. | 2017 | ian-fund.com | Kolkata, India | |
Investments in tech startups are managed by Shead Investment Holdings. | Port Louis, Mauritius | |||
Investments are managed by T R Santhanakrishnan's office in Mauritius. | ktaru.com | Ebene City, Mauritius | ||
Multiple-stage venture capital investments are managed by Haystack. | haystack.vc | Menlo Park, United States | ||
Private investment arm of Kris Gopalakrishnan Family Office. | 2014 | pratithi.com | Bengaluru, India | |
Investment services focused on innovation-driven industries and markets influenced by globalization. | kalpathiinvestments.com | Chennai, India | ||
Investment consulting and equity investments based in India. | 2010 | triasr.com | Chennai, India | |
Venture capital firm focused on diversified sectors | Chennai, India | |||
Seed-stage venture capital investments are targeted by Singhvi Heritage. | Chennai, India | |||
Investments are made in early and growth stage tech startups. | anthillventures.com | Hyderabad, India |
Investor details for Conyct
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Zerone Microsystems Private Limited (Conyct)
Zerone Microsystems Private Limited is the primary company behind Conyct. The board of Zerone Microsystems Private Limited currently have 2 directors; the longest-serving is Sudeshna Bhattacharya, appointed in 2013. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sudeshna Bhattacharya DIN 06510986 | Director | 07 Aug 2013 | 13 yrs 3 mo | Zerone Microsystems Private Limited |
| Jaijit Bhattacharyya DIN 02770618 | Director | 01 Sep 2018 | 8 yrs 2 mo | Zerone Microsystems Private Limited |
Financials of Conyct
Figures of Zerone Microsystems Private Limited, the primary company behind Conyct, for FY 2024. Revenue was ₹1.64 Cr (+45% year on year). Net profit was ₹1.08 Cr (66% margin). EBITDA was -₹30.7 Lakh (-19% margin). Revenue has grown at a compounded annual rate of +40% over three years and +119% over five years.
- ₹1.64 CrRevenue · FY 2024 · +45% YoY
- ₹1.08 CrNet profit · 66% margin
- -₹30.7 LakhEBITDA · -19% margin
- ₹27.9 LakhPaid-up capital
- 1Employees (provident fund records)
- +40%Revenue CAGR, 3 years
- +119%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Zerone Microsystems Private Limited are on its company page.
Detailed financial statements for Conyct
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Conyct
4 dated milestones of Conyct across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Conyct is founded.
- Funding First funding round of $274K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $433K.
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Complete news archive for Conyct
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Frequently Asked Questions about Conyct
Conyct was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Conyct is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Conyct is a funded company, having raised a total of $1.48M across 3 funding rounds to date. The company's 1st funding round was a Seed of $273.79K, raised on Apr 2019.
Conyct has 1 employees.
The primary company behind Conyct, Zerone Microsystems Private Limited, reported revenue of ₹1.64 Cr for FY 2024, up 45% year on year.
Conyct was founded in 2017 in Delhi, India, as a mobile application in the professional networking sector. Contact details, social media profiles, and business cards are exchanged among users through the platform. Notifications are sent regarding updates made by network connections. The app operates on both Android and iOS devices, supporting users in maintaining professional relationships.
Conyct has 106 investors. Key investors include Manipal Group, Primarc, Indian Angel Network Fund, Sparrow Technologies, and Kalpathi Investments.
The valuation of Conyct is $6.97M as of Apr 2021.
Conyct operates through Zerone Microsystems Private Limited.
The legal entities of Conyct currently have 2 directors, including Sudeshna Bhattacharya, Jaijit Bhattacharyya.