FactorDaily

Bengaluru, India Founded: 2016 • Age: 10 yrs Minicorn
Content on modern technology and digital culture is published digitally.

About FactorDaily

FactorDaily is a Media & Entertainment company based in Bengaluru (India) founded in 2016. Content on modern technology and digital culture is published digitally. FactorDaily has raised $1.88 million across 2 funding rounds from investors including Accel, Blume Ventures and Girish Mathrubootham. The company has 1 employees. FactorDaily was last valued at $6.78 million in March 2018. Its website factordaily.com draws about 13 thousand monthly visits. Its Indian entity Factordaily Media Lab Foundation reported revenue of β‚Ή22.1 Lakh. FactorDaily offers products and services including Journalism Stories, Fellowship Program, and Newsletter. Its focus areas include Internet First Media, Science and Technology and Diversified.

Company details

FactorDaily is a digital media portal publishing content and news around modern technology including electronic gadgets, science and research. It also publishes content on evolution of culture and lifestyle around latest technology including the digital technology. It is operated by Bangalore based SourceCode Media. The company appears to be monetizing through branded content and has an in-house editorial team. Founder is an ex-editor for Technology at The Economic Times and also the ex-India editor for Techcrunch.com.

Key Metrics
  • Annual Revenue
    ₹22.1 Lakh

    FY 2025 · +533% YoY

  • Net Loss
    -₹50.2 Lakh

    FY 2025 · -227% margin

  • EBITDA
    -₹49.5 Lakh

    FY 2025 · -224% margin

  • Total Equity Funding
    $1.88M (USD)

    in 2 rounds

  • Latest Funding Round
    $876.24K (USD), Seed

    Mar 2018

  • Investors
    Accel

    & 5 more

  • Employee Count
    1

Products & Services of FactorDaily

FactorDaily offers a comprehensive portfolio of products and services, including Journalism Stories, Fellowship Program, and Newsletter.

Journalism Stories
Content Publishing

In-depth reports on society and culture for public awareness.

Fellowship Program
Education Services

Platform for storytellers to create impactful journalism projects.

Newsletter
Subscription Services

Regular updates with field notes and society stories for subscribers.

Funding Insights of FactorDaily

FactorDaily has successfully raised a total of $1.88M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $876.24 thousand completed in March 2018. 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 $1.88M
  • Total Rounds 2
  • Last Round Seed β€” $876,235
  • First Round $1M

    (Feb 2016)

  • Investors Count 6

All 2 funding rounds of FactorDaily with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2018$876,235Seed$6.78MAccel
Feb 2016$1MSeed$3.29MAccel
Valuation history
DateValuationStage
Mar 2018$6.78Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2016$3.29Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $6.78M (Mar 2018). 6 investors in total: 2 institutional and 4 angel.

Investors in FactorDaily

FactorDaily has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Accel, Blume Ventures and Girish Mathrubootham.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Accel is recognized as a leading venture capital firm.
1983accel.comPalo Alto, United States
Seed and early-stage investments are made across sectors in India.
blume.vcMumbai, India

Girish Mathrubootham

Founder & CEO of Freshworks, prominent angel investor in Indian startups
unknown_ba3cc5f8fbde4c049

Vijay Shekhar Sharma

unknown_2ada21fe7ddd452e9

Ratna Girish

unknown_d94e55b678b944339

Jayaprakash Vijayan

unknown_6352d608b3ab45788
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Investor details for FactorDaily

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

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Factordaily Media Lab Foundation (FactorDaily)

Factordaily Media Lab Foundation is the primary company behind FactorDaily. The boards of the 2 registered companies of FactorDaily currently have 4 directors; the longest-serving is Pankaj Mishra, appointed in 2020. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Pankaj Mishra
DIN 07330019
Director10 Dec 20205 yrs 11 moFactordaily Media Lab Foundation, Sourcecode Media Private Limited
Shadma Sarfaraz Shaikh
DIN 09589299
Director28 Apr 20224 yrs 6 moFactordaily Media Lab Foundation
Shipra Mishra
DIN 09792266
Director14 Nov 20224 yrsSourcecode Media Private Limited
Somesh Kumar
DIN 10406385
Director12 Dec 20232 yrs 11 moFactordaily Media Lab Foundation

People of FactorDaily

2 people are tracked at FactorDaily (1 in leadership, 1 in team); the tracked headcount is 1.

NameRoleGroup
Journalist & Co-FounderLeadership
Lakshmi Sivadas
WriterTeam
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Complete people profiles for FactorDaily

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  • Full employee list
  • Team structure
  • Board tenure
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Financials of FactorDaily

Figures of Factordaily Media Lab Foundation, the primary company behind FactorDaily, for FY 2025. Revenue was ₹22.1 Lakh (+533% year on year). Net loss was -₹50.2 Lakh (-227% margin). EBITDA was -₹49.5 Lakh (-224% margin). Revenue has grown at a compounded annual rate of -27% over three years.

  • ₹22.1 LakhRevenue · FY 2025 · +533% YoY
  • -₹50.2 LakhNet loss · -227% margin
  • -₹49.5 LakhEBITDA · -224% margin
  • ₹1 LakhPaid-up capital
  • -27%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Factordaily Media Lab Foundation are on its company page.

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Detailed financial statements for FactorDaily

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of FactorDaily

4 dated milestones of FactorDaily across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded FactorDaily is founded.
  2. Funding First funding round of $1.0M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $876K.

Web traffic of FactorDaily

The website of FactorDaily (factordaily.com) receives about 12.7K visits a month.

  • Monthly visits
    12.7K

    ▼ 12% vs previous month

Similar websites

Websites whose visitors overlap most with FactorDaily. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
nav.al
100%
#217,286View details
google.com
58%
85.8B#1View details
linkedin.com
56%
1.9B#18View details
emcap.com
50%
#1,068,921View details
urbancompany.com
50%
2.1M#19,040View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 6 similar websites and full traffic analytics for FactorDaily

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 6 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in DTC Media Innovators

3 companies that operate in the same segment as FactorDaily (DTC Media Innovators) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Diversified gaming and sports media platforms are operated and developed.
1999Mumbai, Maharashtra, IndiaUSD 127.93 MUSD 194.94 M1
Multi-category news is curated and delivered in multiple languages.
2009Bengaluru, Karnataka, IndiaUSD 129.01 M942
Hyperlocal short news app is provided in multiple languages.
2014Hyderabad, Telangana, IndiaUSD 30.77 MUSD 5.35 M309
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Related news about Factordaily

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Complete news archive for FactorDaily

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about FactorDaily

FactorDaily was founded in 2016.

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

FactorDaily is a funded company, having raised a total of $1.88M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Feb 2016.

FactorDaily has 1 employees.

The primary company behind FactorDaily, Factordaily Media Lab Foundation, reported revenue of β‚Ή22.1 Lakh for FY 2025, up 533% year on year.

FactorDaily is a digital media portal publishing content and news around modern technology including electronic gadgets, science and research. It also publishes content on evolution of culture and lifestyle around latest technology including the digital technology. It is operated by Bangalore based SourceCode Media. The company appears to be monetizing through branded content and has an in-house editorial team. Founder is an ex-editor for Technology at The Economic Times and also the ex-India editor for Techcrunch.com.

FactorDaily offers Journalism Stories, Fellowship Program, and Newsletter.

FactorDaily has 6 investors. Key investors include Accel, Blume Ventures, Girish Mathrubootham, Vijay Shekhar Sharma, and Ratna Girish.

The valuation of FactorDaily is $6.78M as of Mar 2018.

FactorDaily is associated with 2 legal entities: Factordaily Media Lab Foundation, Sourcecode Media Private Limited.

The legal entities of FactorDaily currently have 4 directors, including Somesh Kumar, Shadma Sarfaraz Shaikh, Pankaj Mishra and others.

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