About Eterno Infotech
Eterno Infotech is a company based in Bengaluru (India) founded in 2005 was acquired by VerSe in March 2012. Eterno Infotech has raised $1.17 million across 1 funding round from investors including Rediff.com and VerSe. The company has 279 employees as of April 09, 2024. Eterno Infotech offers products and services including Dailyhunt App and Advertising Solutions. Eterno Infotech operates in a competitive market with competitors including Kuaishou Technology, YouTube, Dailymotion, Triller and VerSe, among others.
- Headquarter Bengaluru, India
- Employees 279 as on 09 Apr, 2024
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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- Legal Name Eterno Infotech Private Limited
- Date of Incorporation 11 Apr, 2005
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$73.78 M (USD)44.47as on Mar 31, 2023
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Net Profit
$1.53 M (USD)37.7as on Mar 31, 2023
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EBITDA
$9.98 M (USD)-9.05as on Mar 31, 2023
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Total Equity Funding
$1.17 M (USD)
in 1 rounds
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Latest Funding Round
$1.17 M (USD), Seed
Sep 11, 2008
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Investors
Rediff.com
& 1 more
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Employee Count
279
as on Apr 09, 2024
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Acquired by
VerSe
(Mar 15, 2012)
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Products & Services of Eterno Infotech
Eterno Infotech offers a comprehensive portfolio of products and services, including Dailyhunt App and Advertising Solutions.
Mobile app for personalized news and content in local languages
Tools for brands to reach vernacular audiences via content aggregation
Funding Insights of Eterno Infotech
Eterno Infotech has successfully raised a total of $1.17M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.17 million completed in September 2008. 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.
Investors in Eterno Infotech
Eterno Infotech has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Rediff.com and VerSe.
| Investor | Description | Founded Year | Domain | Location |
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News, email services, stock quotes, and expert advice are provided.
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Developer of a short-video platform and technology infrastructure
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Investor details for Eterno Infotech
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Eterno Infotech
Investment portfolio details for Eterno Infotech
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Financial Statements - Eterno Infotech
Detailed financials for Eterno Infotech
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Eterno Infotech Comparisons
Peer comparison for Eterno Infotech
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Competitors of Eterno Infotech
Eterno Infotech 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 Kuaishou Technology, YouTube, Dailymotion, Triller and VerSe, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Social platform for sharing short videos
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User-generated videos and content are shared and streamed online.
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Web and mobile video sharing and streaming platform
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Music videos are created and shared through a mobile platform.
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Developer of a short-video platform and technology infrastructure
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Short videos are shared via a mobile social networking platform.
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Detailed competitors of Eterno Infotech
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Latest news on Eterno Infotech
Complete news archive for Eterno Infotech
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Frequently Asked Questions about Eterno Infotech
Eterno Infotech was founded in 2005 and raised its 1st funding round 3 years after it was founded.
Eterno Infotech is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Eterno Infotech is a funded company, having raised a total of $1.17M across 1 funding round to date.
As of Apr 09, 2024, the latest employee count at Eterno Infotech is 279.
Annual revenue of Eterno Infotech is $73.78M as on Mar 31, 2023.
Eterno developsnbsp;software applications for MIDP and Symbian operating systems. Its products include a GPRS-based communication solution whichnbsp;allows the operator to generate and push out Indian language SMS. Its customers includenbsp;handset manufacturers, telecom operators, channel partners, system integrators, and online portals.nbsp;Rediff bought a minority stake in the company in 2008 andnbsp;exited its position when Verse acquired the company in 2012. It is widely known for its news application NewsHunt.
Eterno Infotech's top competitors include Kuaishou Technology, YouTube and Dailymotion.
Eterno Infotech offers Dailyhunt App and Advertising Solutions.
Eterno Infotech has 2 investors. Key investors include Rediff.com, and VerSe.