FirstCut

Delhi, India Founded: 2016 • Age: 10 yrs
App for artists to showcase their talent

About FirstCut

FirstCut is a Media & Entertainment company based in Delhi (India) founded in 2016 by Rishabh Ranjan. App for artists to showcase their talent. FirstCut has raised $46.82 thousand across 3 funding rounds from investors including Eazy ERP and Andees Impex. FirstCut was last valued at $277.81 thousand in March 2020. Its focus areas include Tech for Film & TV, Filmed Entertainment, Pre-Production and Self Tape Audition. Its legal entity in India is Vircorn Technologies Private Limited (U74900DL2015PTC286590).

Company details

FirstCut was founded in 2016 in Delhi, India, within the entertainment sector. A mobile application is provided for artists to display their profiles and talents. Opportunities and casting roles are accessed by users through the platform. Audition videos are recorded and uploaded directly on the app. Profiles are reviewed by production houses and casting directors, enabling outreach via the apps features.

  • Headquarters Delhi, India
  • Founders Rishabh Ranjan
  • Sectors
    Media & Entertainment
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website firstcut.co.in
  • Social X Facebook
  • Legal Name Vircorn Technologies Private Limited
  • Date of Incorporation 20 Oct, 2015
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹68,902

    FY 2020 · +1663% YoY

  • Net Loss
    -₹17.6 Lakh

    FY 2020 · -2561% margin

  • EBITDA
    -₹17.4 Lakh

    FY 2020 · -2525% margin

  • Total Equity Funding
    $46.82K (USD)

    in 3 rounds

  • Latest Funding Round
    $13.4K (USD), Seed

    Mar 2020

  • Investors
    Eazy ERP

    & 1 more

Funding Insights of FirstCut

FirstCut has successfully raised a total of $46.82K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $13.4 thousand completed in March 2020. 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 $46,821
  • Total Rounds 3
  • Last Round Seed β€” $13,396
  • First Round $21,893

    (Nov 2016)

  • Investors Count 2

All 3 funding rounds of FirstCut with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2020$13,396Seed$277,813Andees Impex
–
Mar 2018$11,532Seed$65,972–
Nov 2016$21,893Seed$‒‒‒‒‒–
–
Valuation history

Last known valuation $277,813 (Mar 2020). 2 investors in total: 2 institutional.

Investors in FirstCut

FirstCut has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Eazy ERP and Andees Impex.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Offers consulting services for foreign trading, export, and import.
andeesimpex.comNew Delhi, India
ERP solutions are provided for manufacturing processes.
2007eazyerp.comGurugram, India
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Investor details for FirstCut

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Board of directors of Vyana Ventures Private Limited (FirstCut)

Vyana Ventures Private Limited is the primary company behind FirstCut. The board of Vyana Ventures Private Limited currently have 2 directors; the longest-serving is Kunal Singhal, appointed in 2018. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kunal Singhal
DIN 00321534
Director03 Sep 20188 yrs 1 moVyana Ventures Private Limited
Rajat Singhal
DIN 00321560
Director25 Sep 20188 yrsVyana Ventures Private Limited

People of FirstCut

1 people are tracked at FirstCut (1 in leadership).

NameRoleGroup
Co-FounderLeadership
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Financials of FirstCut

Figures of Vyana Ventures Private Limited, the primary company behind FirstCut, for FY 2020. Revenue was ₹68,902 (+1663% year on year). Net loss was -₹17.6 Lakh (-2561% margin). EBITDA was -₹17.4 Lakh (-2525% margin).

  • ₹68,902Revenue · FY 2020 · +1663% YoY
  • -₹17.6 LakhNet loss · -2561% margin
  • -₹17.4 LakhEBITDA · -2525% margin
  • ₹2 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Vyana Ventures Private Limited are on its company page.

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Detailed financial statements for FirstCut

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Timeline of FirstCut

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

  1. Founded FirstCut is founded.
  2. Funding First funding round of $22K.
  3. Funding Latest funding round, Seed, of $13K.

Top companies in Film, TV & Broadcasting Tech

2 companies that operate in the same segment as FirstCut (Film, TV & Broadcasting Tech) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud solutions for broadcast, streaming, and advertising industries are provided.
2008Bengaluru, Karnataka, IndiaUSD 264.17 MUSD 87.14 M749
Online event ticketing platform offering a wide range of entertainment options, including movies, concerts, sports, and plays, enabling users to di...
1999Mumbai, Maharashtra, India
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Related news about Firstcut

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Frequently Asked Questions about FirstCut

FirstCut was founded in 2016.

FirstCut is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

FirstCut is a funded company, having raised a total of $46.82K across 3 funding rounds to date. The company's 1st funding round was a Seed of $21.89K, raised on Nov 2016.

The primary company behind FirstCut, Vyana Ventures Private Limited, reported revenue of β‚Ή68,902 for FY 2020, up 1663% year on year.

FirstCut was founded in 2016 in Delhi, India, within the entertainment sector. A mobile application is provided for artists to display their profiles and talents. Opportunities and casting roles are accessed by users through the platform. Audition videos are recorded and uploaded directly on the app. Profiles are reviewed by production houses and casting directors, enabling outreach via the apps features.

FirstCut has 2 investors. Key investors include Eazy ERP, and Andees Impex.

The valuation of FirstCut is $277.81K as of Mar 2020.

FirstCut operates through Vyana Ventures Private Limited.

The legal entities of FirstCut currently have 2 directors, including Kunal Singhal, Rajat Singhal.

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