About ENJINSTARTER
ENJINSTARTER is a company based in Singapore (Singapore) founded in 2021 by Prakash Somosundram.. ENJINSTARTER has raised $8 million across 3 funding rounds from investors including True Global Ventures. ENJINSTARTER offers products and services including Launchpad, Incubator, Fundraising, Partnerships, and Events. ENJINSTARTER operates in a competitive market with competitors including Jambo, IndiGG, Mode Mobile, Ethlas and Virtua, among others.
- Headquarter Singapore, Singapore
- Founders Prakash Somosundram
-
Sectors
Media & EntertainmentFinancial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Prakal Pte. Ltd.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$8 M (USD)
in 3 rounds
-
Latest Funding Round
$5 M (USD), Series A
Jul 06, 2022
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of ENJINSTARTER
ENJINSTARTER offers a comprehensive portfolio of products and services, including Launchpad, Incubator, Fundraising, Partnerships, and Events. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for funding Web3 projects via initial DEX offerings.
Program for nurturing and selecting Web3 projects for success.
Support for investor planning and strategy in Web3 ventures.
Connections to exchanges and community partners for visibility.
Collaboration on Web3 events for brand promotion and engagement.
Funding Insights of ENJINSTARTER
ENJINSTARTER has successfully raised a total of $8M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 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 Series A — $5.0M
-
First Round
First Round
(01 Oct 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series A - ENJINSTARTER | Valuation |
investors |
|
| Jan, 2022 | Amount | Series A - ENJINSTARTER | Valuation | TGV |
|
| Oct, 2021 | Amount | Token Sale - ENJINSTARTER | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ENJINSTARTER
ENJINSTARTER has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include True Global Ventures. 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 |
|---|---|---|---|---|
|
A global venture capital firm focused on technology investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ENJINSTARTER
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - ENJINSTARTER
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Enjinstarter Comparisons
Competitors of ENJINSTARTER
ENJINSTARTER 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 Jambo, IndiGG, Mode Mobile, Ethlas and Virtua, 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 |
Web3 mobile infrastructure solutions are developed for a super app.
|
|
| domain | founded_year | HQ Location |
Online community-based gaming platform
|
|
| domain | founded_year | HQ Location |
Reward-based game NFTs are provided on a Web3 platform.
|
|
| domain | founded_year | HQ Location |
NFT-based trading platform for digital games
|
|
| domain | founded_year | HQ Location |
An online gamers community is provided via a gamified metaverse.
|
|
| domain | founded_year | HQ Location |
Virtual assets are traded on a blockchain-based platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Enjinstarter
Frequently Asked Questions about ENJINSTARTER
When was ENJINSTARTER founded?
ENJINSTARTER was founded in 2021.
Where is ENJINSTARTER located?
ENJINSTARTER is headquartered in Singapore, Singapore.
Who is the current CEO of ENJINSTARTER?
Prakash Somosundram is the current CEO of ENJINSTARTER. They have also founded this company.
Is ENJINSTARTER a funded company?
ENJINSTARTER is a funded company, having raised a total of $8M across 3 funding rounds to date. The company's 1st funding round was a Token Sale of $5.23M, raised on Oct 01, 2021.
What does ENJINSTARTER do?
ENJINSTARTER was established in 2021 in Singapore as an NFT-based trading platform focused on digital game assets. Operations center on blockchain technology within the gaming sector, where trading and exchange of non-fungible tokens are facilitated for users. Services encompass asset launches and marketplace functionalities, primarily serving the Web3 gaming ecosystem. Leadership is provided by Co-Founder and CEO Prakash Somosundram, with activities based in Singapore.
Who are the top competitors of ENJINSTARTER?
ENJINSTARTER's top competitors include Nestcoin, Jambo and Mode Mobile.
What products or services does ENJINSTARTER offer?
ENJINSTARTER offers Launchpad, Incubator, Fundraising, Partnerships, and Events.
Who are ENJINSTARTER's investors?
ENJINSTARTER has 1 investor. Key investors include True Global Ventures.