About FloChat
FloChat is a company based in Mumbai (India) founded in 2015 by Yuvraj Bhalla and Prateek Lal. FloChat has raised $1.13 million across 3 funding rounds from investors including Ashwini Jain, Animesh Raizada and Ashwini Jain. The company has 15 employees as of March 25, 2024. FloChat operates in a competitive market with competitors including Snapchat, Kik, Bebo, Bridgefy and Lettrs, among others.
- Headquarter Mumbai, India
- Employees 15 as on 25 Mar, 2024
- Founders Yuvraj Bhalla, Prateek Lal
- Stage Minicorn
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Sectors
Telecommunications
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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 Yagerbomb Media Private Limited
- Date of Incorporation 20 Apr, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$4.62 K (USD)-94.37as on Mar 31, 2020
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Net Profit
-$11.94 K (USD)97.12as on Mar 31, 2020
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EBITDA
-$11.13 K (USD)94.1as on Mar 31, 2020
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Total Equity Funding
$1.13 M (USD)
in 3 rounds
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Latest Funding Round
$118.25 K (USD), Angel Round
Feb 23, 2018
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Investors
Asset Alliance
& 11 more
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Employee Count
15
as on Mar 25, 2024
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Funding Insights of FloChat
FloChat has successfully raised a total of $1.13M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $118.25 thousand completed in February 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.
Investors in FloChat
FloChat has secured backing from 12 investors, including angel and institutional investors. Prominent investors backing the company include Ashwini Jain, Animesh Raizada and Ashwini Jain.
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Ashwini Jain |
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Animesh Raizada |
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Investor details for FloChat
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- Investor locations
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Investments & Acquisitions by FloChat
Investment portfolio details for FloChat
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- Portfolio identities
- Transaction dates
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Financial Statements - FloChat
Detailed financials for FloChat
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- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Flochat Comparisons
Peer comparison for FloChat
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of FloChat
FloChat 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 Snapchat, Kik, Bebo, Bridgefy and Lettrs, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multimedia messaging application for ephemeral photos and videos is provided.
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Multimedia messaging is enabled by Kik for mobile users.
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Web Social Networking portal & social app developer
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Messages are exchanged via mesh network without internet or data.
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Mobile application and social networking platform
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Multimedia messaging app for text and emoticon sharing is provided.
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Detailed competitors of FloChat
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Flochat
Complete news archive for FloChat
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- 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 FloChat
FloChat was founded in 2015.
FloChat is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
FloChat is a funded company, having raised a total of $1.13M across 3 funding rounds to date.
As of Mar 25, 2024, the latest employee count at FloChat is 15.
Annual revenue of FloChat is $4.62K as on Mar 31, 2020.
Flo, previously Ouwtapp, is a mobile chat messenger app that allows users to chat, discover and transact across several services through a single platform, directly from the Chat window. Users can also express themselves through delete-able messages and special EmoGIFs. The app can be used for booking taxis and movie tickets, ordering food, restaurant reservations, finding discount coupons, sharing YouTube videos and much more. The app has partnered with 30 brands and user base of 400k users as of Oct17. The company had raised seed funding of 150k USD in 2015 and has raised additional undisclosed funding in Sep 2016. Planning to aggressively build AI and other technologies.
FloChat has 12 investors. Key investors include Ashwini Jain, Animesh Raizada, Ashwini Jain, Shilpa Kothari, and Jignyasa Sangani.
The valuation of FloChat is $10.94M as of Aug 2017.