About Crypso
Crypso is a company based in Bengaluru (India) founded in 2021 by Ravi Chirania, Suraj Kalwani, and Rakesh Raman.. Crypso has raised $4.06 million across 3 funding rounds from investors including CRED, Polygon and LetsVenture. The company has 5 employees as of April 01, 2024. Crypso operates in a competitive market with competitors including Kikitrade, Vibra, FlipItMoney, Rain Platforms and CharacterX, among others.
- Headquarter Bengaluru, India
- Employees 5 as on 01 Apr, 2024
- Founders Ravi Chirania, Suraj Kalwani, Rakesh Raman
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Together Innovation Labs Private Limited
- Date of Incorporation 26 Oct, 2021
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$496.36 K (USD)0as on Mar 31, 2023
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Net Profit
$-584.5 K (USD)-57.03as on Mar 31, 2023
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EBITDA
$-582.89 K (USD)-57.68as on Mar 31, 2023
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Total Equity Funding
$4.06 M (USD)
in 3 rounds
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Latest Funding Round
$3 M (USD), Seed
Jul 26, 2022
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Investors
CRED
& 49 more
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Employee Count
5
as on Apr 01, 2024
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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 Total Funding
- Total Rounds 3
- Last Round Seed — $3.0M
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First Round
First Round
(30 Dec 2021)
- Investors Count 50
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Seed - Crypso | Valuation |
investors |
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| Jun, 2022 | Amount | Angel Round - Crypso | Valuation | Gaurav Dahake , Dinesh Goel |
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| Dec, 2021 | Amount | Seed - Crypso | Valuation | LetsVenture , Athera |
| 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 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. 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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Early-stage venture capital investments are provided by Athera.
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Founded Year | Domain | Location | |
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Early-stage companies are invested in by Better Capital.
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Founded Year | Domain | Location | |
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Innovation in distributed networks and emerging technologies is facilitated by Hashed Emergent.
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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 Crypso
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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 |
Financial Statements - Crypso
| 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 |
Crypso Comparisons
Competitors of Crypso
Crypso 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 Kikitrade, Vibra, FlipItMoney, Rain Platforms and CharacterX, 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 |
Social trading of cryptocurrencies is enabled through a community platform.
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| domain | founded_year | HQ Location |
Cryptocurrencies are traded and stored via an app-based platform.
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| domain | founded_year | HQ Location |
App-based stock market trading and analytics platform for individuals
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| domain | founded_year | HQ Location |
Automated social investing and trading platform is provided for users.
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| domain | founded_year | HQ Location |
Decentralized synthetic social network
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| domain | founded_year | HQ Location |
Decentralized Web3 platform for social trading and investments is operated.
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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 Crypso
Frequently Asked Questions about Crypso
When was Crypso founded?
Crypso was founded in 2021.
Where is Crypso located?
Crypso is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Crypso?
Suraj Kalwani is the current CEO of Crypso. They have also founded this company.
Is Crypso a funded 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 30, 2021.
How many employees does Crypso have?
As of Apr 01, 2024, the latest employee count at Crypso is 5.
What is the annual revenue of Crypso?
Annual revenue of Crypso is $496.36K as on Mar 31, 2023.
What does Crypso do?
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.
Who are the top competitors of Crypso?
Crypso's top competitors include Vibra, FlipItMoney and Kikitrade.
Who are Crypso's investors?
Crypso has 50 investors. Key investors include CRED, Polygon, LetsVenture, Athera Venture Partners, and Whiteboard Capital.
What is Crypso's valuation?
The valuation of Crypso is $8.34M as of Dec 2021.