About Floik
Floik is a company based in Bengaluru (India) founded in 2020 by Vartika Bansal and Vidyasankar Krishnamurthy was acquired by Kovai.co in November 2024. It operates as a SaaS (Software-as-a-Service). Floik has raised $3.52 million across 1 funding round from investors including Elevation Capital and Kovai.co. The company has 1 employees as of December 31, 2024. Floik offers products and services including Interactive Demo, Step-by-Step Guide, and Explainer Video. Floik operates in a competitive market with competitors including Vidyard, Appcues, Consensus, Hippo Video and BlueRush, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 31 Dec, 2024
- Founders Vartika Bansal, Vidyasankar Krishnamurthy
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$146.8 K (USD)61as on Mar 31, 2024
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Net Profit
$-299.35 K (USD)17as on Mar 31, 2024
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EBITDA
$-232.36 K (USD)35as on Mar 31, 2024
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Total Equity Funding
$3.52 M (USD)
in 1 rounds
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Latest Funding Round
$3.52 M (USD), Series A
Oct 16, 2020
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Investors
Elevation Capital
& 1 more
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Employee Count
1
as on Dec 31, 2024
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Acquired by
Kovai.co
(Nov 13, 2024)
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Products & Services of Floik
Floik offers a comprehensive portfolio of products and services, including Interactive Demo, Step-by-Step Guide, and Explainer Video. 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.
Interactive demos are created to educate product users.
Guides are provided for detailed product usage instructions.
Videos are designed to explain product features clearly.
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Funding Insights of Floik
Floik has successfully raised a total of $3.52M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.52 million completed in October 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 Total Funding
- Total Rounds 1
- Last Round Series A — $3.5M
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First Round
First Round
(16 Oct 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Series A - Floik | Valuation | Elevation Capital |
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| 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 |
Investors in Floik
Floik has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Elevation Capital and Kovai.co. 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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Elevation Capital is focused on early-stage tech investments in India.
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Founded Year | Domain | Location | |
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Enterprise software and SaaS solutions are developed by Kovai.co.
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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 Floik
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Floik
| 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 |
Floik Comparisons
Competitors of Floik
Floik 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 Vidyard, Appcues, Consensus, Hippo Video and BlueRush, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A video marketing and analytics platform is provided for businesses.
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| domain | founded_year | HQ Location |
Personalized onboarding software is provided for user engagement.
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| domain | founded_year | HQ Location |
Personalized automated product demos are delivered for B2B sales teams.
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| domain | founded_year | HQ Location |
AI-powered video creation software is provided for enterprises.
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| domain | founded_year | HQ Location |
Content marketing platform for businesses
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| domain | founded_year | HQ Location |
Software platform for creating and customizing sales demos is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Floik
When was Floik founded?
Floik was founded in 2020.
Where is Floik located?
Floik is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Floik?
Vartika Bansal is the current CEO of Floik. They have also founded this company.
Is Floik a funded company?
Floik is a funded company, having raised a total of $3.52M across 1 funding round to date. The company's 1st funding round was a Series A of $3.52M, raised on Oct 16, 2020.
How many employees does Floik have?
As of Dec 31, 2024, the latest employee count at Floik is 1.
What is the annual revenue of Floik?
Annual revenue of Floik is $146.8K as on Mar 31, 2024.
What does Floik do?
Floik is engaged in developing software tools for interactive product education. Solutions are provided for buyer education, sales enablement, customer activation, and ongoing customer enablement. Interactive demos, step-by-step guides, and explainer videos are offered to help users understand and adopt products effectively. The platform serves various sectors by enabling personalized content and self-serve guidance to drive user engagement and retention.
Who are the top competitors of Floik?
What products or services does Floik offer?
Floik offers Interactive Demo, Step-by-Step Guide, and Explainer Video.
Who are Floik's investors?
Floik has 2 investors. Key investors include Elevation Capital, and Kovai.co.
What is Floik's valuation?
The valuation of Floik is $17.57M as of Oct 2020.
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