About EchoJoy
EchoJoy was a Media & Entertainment company based in Hyderabad (India) by Ram Gollamudi and Ravikanth Andhavarapu. It operates an online platform for digital gift cards. It operates on a B2C model. Its Indian entity Zagg Network Private Limited reported revenue of ₹66.63 Cr. The company is recorded as dissolved. Its focus areas include Ecommerce, Digital Products, Gift Cards and Online Platform. Its competitors include Xoxoday, FutureBazaar, Tremendous, GyFTR and Pine Perks and 3 more; 2 of its 8 listed competitors have raised funding.
Company details
EchoJoy, led by Ram Gollamudi as Co-Founder, Ravikanth Andhavarapu as Co-Founder, specializes in ecommerce, digital products, gift cards, and online platform. Operates an online platform for digital gift cards. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
- Headquarters Hyderabad, India
- Founders Ram Gollamudi, Ravikanth Andhavarapu
- SectorsMedia & Entertainment
- Email••••••••
- Website echojoycards.com
- Social Facebook
- Legal Name Zagg Network Private Limited
- Date of Incorporation 31 Jan, 2005
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹66.63 Cr
FY 2024 · +4% YoY
- Net Profit₹31.2 Lakh
FY 2024 · 0% margin
- EBITDA₹31.2 Lakh
FY 2024 · 0% margin
Associated legal entities of EchoJoy
EchoJoy operates through Zagg Network 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 |
|---|---|---|---|---|---|---|---|
| Zagg Network Private Limited CIN U74999TG2005PTC045216 | Active | 31 Jan 2005 | Hyderabad, Telangana | ₹66.6 Cr | – | 3 | View details |
Board of directors of Zagg Network Private Limited (EchoJoy)
Zagg Network Private Limited is the primary company behind EchoJoy. The board of Zagg Network Private Limited currently have 3 directors; the longest-serving is Ram Kumar Gollamudilaxminarasimha, appointed in 2019. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ram Kumar Gollamudilaxminarasimha DIN 02700230 | Director | 25 Mar 2019 | 7 yrs 6 mo | Zagg Network Private Limited |
| Ravikanth Andhavarapu DIN 08096853 | Director | 25 Apr 2019 | 7 yrs 5 mo | Zagg Network Private Limited |
| Jnaneswara Venakatesh Kandipalli DIN 07190688 | Director | 13 Jun 2019 | 7 yrs 4 mo | Zagg Network Private Limited |
People of EchoJoy
2 people are tracked at EchoJoy (2 in leadership).
| Name | Role | Group |
|---|---|---|
Ram Gollamudi | Co-Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for EchoJoy
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Financials of EchoJoy
Figures of Zagg Network Private Limited, the primary company behind EchoJoy, for FY 2024. Revenue was ₹66.63 Cr (+4% year on year). Net profit was ₹31.2 Lakh (0% margin). EBITDA was ₹31.2 Lakh (0% margin). Revenue has grown at a compounded annual rate of +13% over three years and +803% over five years.
- ₹66.63 CrRevenue · FY 2024 · +4% YoY
- ₹31.2 LakhNet profit · 0% margin
- ₹31.2 LakhEBITDA · 0% margin
- ₹5 LakhPaid-up capital
- +13%Revenue CAGR, 3 years
- +803%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Zagg Network Private Limited are on its company page.
Detailed financial statements for EchoJoy
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Competitors of EchoJoy
EchoJoy has 8 listed competitors in our database, 2 of them funded. They include Xoxoday, FutureBazaar, Tremendous, GyFTR and Pine Perks, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xoxoday.com | 2012 | Bengaluru, India | $30.61M | 269 | AI-powered loyalty, rewards, and employee engagement solutions are provided. | |
| futurebazaar.com | 2006 | Mumbai, India | – | 1 | Operates as an ecommerce platform for Future Group, specializing in the sale of gift vouchers. | |
| tremendous.com | 2010 | San Francisco, United States | $120,000 | – | Provider of rewards and financial benefits management platform for enterprises | |
| gyftr.com | 2012 | Delhi, India | – | 238 | Prepaid cards from various brands are offered on the platform. | |
| pineperks.in | 2016 | Noida, India | – | – | Enables users to send digital vouchers as gifts through a user-friendly platform. | |
| dealzy.app | 2024 | Hyderabad, India | – | 366 | Offers discounted digital gift cards for shopping on multiple brands online. | |
| zokudo.com | 2014 | Mumbai, India | – | – | Operates an online platform for purchasing e-gift cards from luxury brands. | |
| giftcardsindia.in | 2010 | Mumbai, India | – | 7 | Online Gift Voucher Aggregator and Gifting Portal |
Detailed competitors of EchoJoy
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Top companies in Online Event Ticketing Platforms
10 companies that operate in the same segment as EchoJoy (Online Event Ticketing Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A ticketing platform for live events is offered by DICE. | 2014 | London, England, United Kingdom | USD 238.27 M | – | – | |
Tickets for live events are bought and resold online. | 2000 | San Francisco, California, United States | USD 53.41 M | USD 1.75 B | – | |
Curator and distributor of live entertainment experiences | 2014 | New York, New York, United States | USD 777.03 M | – | – | |
Event tickets are searched and booked through a digital platform. | 2009 | New York, New York, United States | USD 397.23 M | – | – | |
Online event ticketing platform offering a wide range of entertainment options, including movies, concerts, sports, and plays, enabling users to di... | 1999 | Mumbai, Maharashtra, India | – | – | – | |
Online event ticketing marketplace provider | 2005 | New York, New York, United States | USD 290.25 M | – | – | |
Platform for discovering and purchasing tickets for events | 2006 | San Francisco, California, United States | USD 349.25 M | USD 325.07 M | 748 | |
Platform offering tickets marketplace for sports, concert, and theater events | 2001 | Chicago, Illinois, United States | – | USD 570.78 M | 768 | |
Coud based event management platform | 2009 | San Diego, California, United States | USD 88.2 M | – | 58 | |
Last-minute Broadway and Off-Broadway tickets are offered via mobile platform. | 2013 | New York, New York, United States | USD 94.57 M | – | – |
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Related news about Echojoy
Complete news archive for EchoJoy
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Frequently Asked Questions about EchoJoy
EchoJoy is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind EchoJoy, Zagg Network Private Limited, reported revenue of ₹66.63 Cr for FY 2024, up 4% year on year.
EchoJoy, led by Ram Gollamudi as Co-Founder, Ravikanth Andhavarapu as Co-Founder, specializes in ecommerce, digital products, gift cards, and online platform. Operates an online platform for digital gift cards. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
EchoJoy's top competitors include Xoxoday, GyFTR and FutureBazaar.
EchoJoy operates through Zagg Network Private Limited.
The legal entities of EchoJoy currently have 3 directors, including Jnaneswara Venakatesh Kandipalli, Ravikanth Andhavarapu, Ram Kumar Gollamudilaxminarasimha.