About Floapp
Floapp is a Technology company based in Mumbai (India) founded in 2014. It operates as an AI-driven video editing for iOS is provided by Floapp. Its focus areas include Enterprise Applications, Video Creation Tools, Video Editors and Enterprise Video Editors. Its legal entity in India is Nexgear Technology Private Limited (U72900MH2014PTC260464). Its competitors include Wondershare, Captions, Animoto, Descript and WeVideo and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Floapp was founded in 2014 in Mumbai, India, as an AI-based video editing application targeted at iOS users. Videos are analyzed by artificial intelligence to identify key moments, resulting in shortened versions. Five narrative styles and various musical scores are offered for creating concise video stories. Edited content can be uploaded directly to multiple social media platforms. Operations focus on mobile software in the consumer tech sector.
- Headquarters Mumbai, India
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website floapp.ai
- Social LinkedIn X Facebook
- Legal Name Nexgear Technology Private Limited
- Date of Incorporation 29 Dec, 2014
- Jurisdiction Mumbai, Maharashtra, India
- Net Loss-₹47.4 Lakh
FY 2015 · 0% margin
- EBITDA-₹47.2 Lakh
FY 2015 · 0% margin
Associated legal entities of Floapp
Floapp operates through Nexgear Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2015) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nexgear Technology Private Limited CIN U72900MH2014PTC260464 | Active | 29 Dec 2014 | Mumbai, Maharashtra | – | – | 2 | View details |
Board of directors of Nexgear Technology Private Limited (Floapp)
Nexgear Technology Private Limited is the primary company behind Floapp. The board of Nexgear Technology Private Limited currently have 2 directors; the longest-serving is Rahul Vats, appointed in 2014.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Vats DIN 03567105 | Director | 29 Dec 2014 | 11 yrs 9 mo | Nexgear Technology Private Limited |
| Amardeep DIN 07000784 | Director | 29 Dec 2014 | 11 yrs 9 mo | Nexgear Technology Private Limited |
Financials of Floapp
Figures of Nexgear Technology Private Limited, the primary company behind Floapp, for FY 2015. Net loss was -₹47.4 Lakh (0% margin). EBITDA was -₹47.2 Lakh (0% margin).
- -₹47.4 LakhNet loss · 0% margin
- -₹47.2 LakhEBITDA · 0% margin
- ₹1.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Nexgear Technology Private Limited are on its company page.
Detailed financial statements for Floapp
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.
Competitors of Floapp
Floapp has 9 listed competitors in our database, 8 of them funded. They include Wondershare, Captions, Animoto, Descript and WeVideo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wondershare.com | 2003 | Vancouver, Canada | $10M | – | Developer of software for video editing, PDF management, and data recovery | |
| captions.ai | 2021 | Boston, United States | $85M | 37 | AI-powered editing for photos and videos with captioning is provided. | |
| animoto.com | 2006 | New York, United States | $29.4M | 109 | Cloud-based video editing platform for enterprises | |
| descript.com | 2017 | San Francisco, United States | $100.59M | 123 | Automated transcribing solution provider for audio files | |
| wevideo.com | 2011 | Mountain View, United States | $21.19M | 15 | Video creation, interactive elements, and hosting software are provided. | |
| lomotif.com | 2014 | Singapore | – | – | An app-based platform for creating and sharing music videos. | |
| grabyo.com | 2013 | London, United Kingdom | $2M | 52 | Live video clips from TV are captured and shared socially. | |
| wochit.com | 2012 | New York, United States | $28.75M | – | Cloud-based video creation platform for enterprises | |
| loupedeck.com | 2016 | Helsinki, Finland | $8.07M | – | Internet first brand offering editing controllers |
Detailed competitors of Floapp
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Video Creation Tools
10 companies that operate in the same segment as Floapp (Video Creation Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered tools for video creation from text prompts are offered. | 2017 | San Francisco, California, United States | USD 56.87 M | – | – | |
AI video generation models and production tools are developed. | 2013 | Jerusalem, Jerusalem District, Israel | USD 335 M | – | 515 | |
AI-based dubbing and subtitling solutions are provided for video content. | 2017 | London, England, United Kingdom | USD 536.3 M | USD 149.28 K | 886 | |
AI-powered editing for photos and videos with captioning is provided. | 2021 | Boston, Massachusetts, United States | USD 85 M | – | – | |
Personalized interactive video solutions are delivered for marketing platforms. | 2007 | New York, New York, United States | USD 67.1 M | – | – | |
AI-based platform offering video editing solutions | 2021 | Seattle, Washington, United States | USD 207 M | – | – | |
AI-powered video editing and content management solutions are provided. | 2016 | Los Angeles, California, United States | USD 105 M | USD 646.82 K | 1 | |
Multimedia software | 1993 | Berlin, Berlin, Germany | – | – | – | |
Automated transcribing solution provider for audio files | 2017 | San Francisco, California, United States | USD 100.59 M | – | – | |
Developer of software for video editing, PDF management, and data recovery | 2003 | Vancouver, British Columbia, Canada | USD 10 M | – | – |
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Frequently Asked Questions about Floapp
Floapp was founded in 2014.
Floapp is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Floapp was founded in 2014 in Mumbai, India, as an AI-based video editing application targeted at iOS users. Videos are analyzed by artificial intelligence to identify key moments, resulting in shortened versions. Five narrative styles and various musical scores are offered for creating concise video stories. Edited content can be uploaded directly to multiple social media platforms. Operations focus on mobile software in the consumer tech sector.
Floapp's top competitors include Captions, Descript and Wondershare.
Floapp operates through Nexgear Technology Private Limited.
The legal entities of Floapp currently have 2 directors, including Rahul Vats, Amardeep.