About Favcy
Favcy is a company based in Gurugram (India) founded in 2015 by Nischaiy Pradhan.. Favcy offers products and services including Venture Building Platform and Favcy OS.
- Headquarter Gurugram, India
- Founders Nischaiy Pradhan
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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 Favcy Venture Builders Technologies Private Limited
- Date of Incorporation 23 Apr, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$485.35 K (USD)42.62as on Mar 31, 2022
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Net Profit
$-141.37 K (USD)-16661.1as on Mar 31, 2022
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EBITDA
$-341.79 K (USD)-122.75as on Mar 31, 2022
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Favcy
Favcy offers a comprehensive portfolio of products and services, including Venture Building Platform and Favcy OS. 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.
Ideas are converted into ventures using ready-to-assemble digital applications and an assembly line.
A proprietary shared-technology stack is utilized to reduce development time for digital products.
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Funding Insights of Favcy
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2018 | Amount | Seed - Favcy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Favcy
Favcy has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Windrose Capital. 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 investment and advisory services for digitally native Indian startups.
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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 Favcy
| 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 - Favcy
| 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 |
Favcy Comparisons
Competitors of Favcy
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Favcy
When was Favcy founded?
Favcy was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Favcy located?
Favcy is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
What is the annual revenue of Favcy?
Annual revenue of Favcy is $485.35K as on Mar 31, 2022.
What does Favcy do?
Favcy was founded in 2015 and is based in Gurugram, India. Operations are centered on the digital business sector as a startup studio. Ready-to-assemble digital applications are supplied, alongside an assembly line process that transforms ideas into viable ventures. Services are directed toward non-technical entrepreneurs, solopreneurs, angel investors, and corporate innovation teams.
What products or services does Favcy offer?
Favcy offers Venture Building Platform and Favcy OS.
Who are Favcy's investors?
Favcy has 1 investor. Key investors include Windrose Capital.
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