Crypso

Bengaluru, India Founded: 2021 • Age: 5 yrs Minicorn
Online crypto-focused social trading platform

About Crypso

Crypso is a Financial Services company based in Bengaluru (India) founded in 2021 by Ravi Chirania, Suraj Kalwani, and Rakesh Raman. Online crypto-focused social trading platform. Crypso has raised $4.06 million across 3 funding rounds from investors including CRED, Polygon and LetsVenture. The company has 5 employees. Crypso was last valued at $8.34 million in December 2021. Its chief executive, as recorded, is Suraj Kalwani. Its Indian entity Together Innovation Labs Private Limited reported revenue of β‚Ή6.2 Lakh. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Online Trading Platforms.

Company details

Crypso was founded in 2021 in Bengaluru, India, as a platform in the cryptocurrency sector. Users are enabled to join investor communities, form chat groups, and track influencers portfolios and signals. Updates on trending news, videos from influencers, and coin-specific signals are provided. Operations focus on social interactions within crypto trading environments.

  • Headquarters Bengaluru, India
  • Employees 5
  • Founders Ravi Chirania, Suraj Kalwani, Rakesh Raman
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website crypso.club
  • Social LinkedIn X
  • Legal Name Together Innovation Labs Private Limited
  • Date of Incorporation 26 Oct, 2021
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹6.2 Lakh

    FY 2025 · -97% YoY

  • Net Loss
    -₹1.80 Cr

    FY 2025 · -2901% margin

  • EBITDA
    -₹1.70 Cr

    FY 2025 · -2755% margin

  • Total Equity Funding
    $4.06M (USD)

    in 3 rounds

  • Latest Funding Round
    $3M (USD), Seed

    Jul 2022

  • Investors
    CRED

    & 49 more

  • Employee Count
    5

Funding Insights of Crypso

Crypso has successfully raised a total of $4.06M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in July 2022. 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 $4.06M
  • Total Rounds 3
  • Last Round Seed β€” $3M
  • First Round $1.06M

    (Dec 2021)

  • Investors Count 50

All 3 funding rounds of Crypso with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2022$3MSeed––
Jun 2022Angel Round–Gaurav Dahake, Dinesh Goel
–
Dec 2021$1.06MSeed$8.34MLetsVenture, Athera
Valuation history
DateValuationStage
Dec 2021$8.34Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $8.34M (Dec 2021). 50 investors in total: 15 institutional and 35 angel.

Investors in Crypso

Crypso has secured backing from 50 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include CRED, Polygon and LetsVenture.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage venture capital investments are provided by Athera.
2008atheravp.comBengaluru, India
Early-stage companies are invested in by Better Capital.
bettercapital.vcSanta Clara, United States
Innovation in distributed networks and emerging technologies is facilitated by Hashed Emergent.
2021hashedem.comDubai, United Arab Emirates
Investment support is provided to startups by Whiteboard Capital.
2017whiteboardcap.comMumbai, India
Venture capital fund investing in early-stage tech startups
Angel Network for Bengaluru based companies
2015capierinvestments.comBengaluru, India
Venture capital funding is provided to innovative startups in India.
Mumbai, India
Scalable blockchain interoperability protocols are developed for enhanced network security.
2017polygon.technologyGeorge Town, Cayman Islands
CRED is operated as a members-only financial rewards club.
2018cred.clubBengaluru, India
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
2013letsventure.comBengaluru, India
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Investor details for Crypso

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Together Innovation Labs Private Limited (Crypso)

Together Innovation Labs Private Limited is the primary company behind Crypso. The board of Together Innovation Labs Private Limited currently have 3 directors; the longest-serving is Suraj Kalwani, appointed in 2021.

DirectorDesignationAppointedTenureEntity
Suraj Kalwani
DIN 07067384
Director26 Oct 20215 yrsTogether Innovation Labs Private Limited
Rakesh Raman
DIN 09376658
Director26 Oct 20215 yrsTogether Innovation Labs Private Limited
Ravi Kumar Pawan Kumar Chirania
DIN 07067376
Director26 Oct 20215 yrsTogether Innovation Labs Private Limited

People of Crypso

3 people are tracked at Crypso (3 in leadership); the tracked headcount is 5.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
Co-FounderLeadership
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Complete people profiles for Crypso

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Financials of Crypso

Figures of Together Innovation Labs Private Limited, the primary company behind Crypso, for FY 2025. Revenue was ₹6.2 Lakh (-97% year on year). Net loss was -₹1.80 Cr (-2901% margin). EBITDA was -₹1.70 Cr (-2755% margin).

  • ₹6.2 LakhRevenue · FY 2025 · -97% YoY
  • -₹1.80 CrNet loss · -2901% margin
  • -₹1.70 CrEBITDA · -2755% margin
  • ₹1.2 LakhPaid-up capital
  • 5Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Together Innovation Labs Private Limited are on its company page.

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Detailed financial statements for Crypso

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  • Downloads

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Timeline of Crypso

4 dated milestones of Crypso across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Crypso is founded.
  2. Funding First funding round of $1.1M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $3.0M.
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Related news about Crypso

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Complete news archive for Crypso

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Frequently Asked Questions about Crypso

Crypso was founded in 2021.

Crypso is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Suraj Kalwani is the CEO of Crypso, as recorded in our data. They have also founded this company.

Crypso is a funded company, having raised a total of $4.06M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.06M, raised on Dec 2021.

Crypso has 5 employees.

The primary company behind Crypso, Together Innovation Labs Private Limited, reported revenue of β‚Ή6.2 Lakh for FY 2025, down 97% year on year.

Crypso was founded in 2021 in Bengaluru, India, as a platform in the cryptocurrency sector. Users are enabled to join investor communities, form chat groups, and track influencers portfolios and signals. Updates on trending news, videos from influencers, and coin-specific signals are provided. Operations focus on social interactions within crypto trading environments.

Crypso has 50 investors. Key investors include CRED, Polygon, LetsVenture, Athera Venture Partners, and Whiteboard Capital.

The valuation of Crypso is $8.34M as of Dec 2021.

Crypso operates through Together Innovation Labs Private Limited.

The legal entities of Crypso currently have 3 directors, including Suraj Kalwani, Rakesh Raman, Ravi Kumar Pawan Kumar Chirania.

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