About Flutin
Flutin is a company based in Noida (India) founded in 2015 by Sumit Chakraborty, Prankush Roopanwal, and Vishu Gupta.. Flutin has raised $233.59 thousand across 3 funding rounds from investors including Sega, GHVH Asia and Padmanabha Pavan Kumar Tallavajhula. Flutin operates in a competitive market with competitors including Crossing Minds, Instinctiv, Tunigo, Beatrobo and Jing, among others.
- Headquarter Noida, India
- Founders Sumit Chakraborty, Prankush Roopanwal, Vishu Gupta
- Stage Minicorn
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pindrop Music App Private Limited
- Date of Incorporation 18 Feb, 2015
- Jurisdiction Bareilly, Uttar Pradesh, India
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Annual Revenue
$164.33 K (USD)78.35as on Mar 31, 2023
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Net Profit
$-42.55 K (USD)-1472.02as on Mar 31, 2023
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EBITDA
$-40.73 K (USD)-1664.47as on Mar 31, 2023
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Total Equity Funding
$233.59 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
Sega
& 6 more
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Employee Count
Employee Count
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Human Resources and Administration
1 people
Leadership Team
1 people
CTO Team
1 people
Full Team
1 people
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Funding Insights of Flutin
Flutin has successfully raised a total of $233.59K across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(15 Jun 2015)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Seed - Flutin | Valuation | Sega |
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| May, 2017 | Amount | Seed - Flutin | Valuation | GHVH | |
| Jun, 2015 | Amount | Angel Round - Flutin | Valuation | Padmanabha Pavan Kumar Tallavajhula |
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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 Flutin
Flutin has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Sega, GHVH Asia and Padmanabha Pavan Kumar Tallavajhula. 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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Corporate advisory services and sector-agnostic incubation are provided.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Video game software and hardware development is conducted.
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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 Flutin
| 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 - Flutin
| 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 |
Flutin Comparisons
Competitors of Flutin
Flutin 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 Crossing Minds, Instinctiv, Tunigo, Beatrobo and Jing, 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 |
Predictive models are used to develop personalized recommendation platforms.
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| domain | founded_year | HQ Location |
Music discovery and audio recommendations are facilitated through algorithmic predictions.
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| domain | founded_year | HQ Location |
Algorithm-based music recommendations are provided for user tastes and moods.
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| domain | founded_year | HQ Location |
Automated music playlist platform
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| domain | founded_year | HQ Location |
Algo based music discovery platform
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| 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 Flutin
When was Flutin founded?
Flutin was founded in 2015.
Where is Flutin located?
Flutin is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Who is the current CEO of Flutin?
Vishu Gupta is the current CEO of Flutin. They have also founded this company.
Is Flutin a funded company?
Flutin is a funded company, having raised a total of $233.59K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $622.98, raised on Jun 15, 2015.
What is the annual revenue of Flutin?
Annual revenue of Flutin is $164.33K as on Mar 31, 2023.
What does Flutin do?
Flutin was founded in 2015 in Noida, India, as a music streaming platform. Personalized playlists are created based on factors such as location and time. Users are enabled to build and share their own playlists. Artists are provided with a signup option to promote their music. The application is offered for iOS and Android devices, operating within the digital entertainment sector.
Who are the top competitors of Flutin?
Flutin's top competitors include Crossing Minds, Instinctiv and Tunigo.
Who are Flutin's investors?
What is Flutin's valuation?
The valuation of Flutin is $2.85M as of May 2017.
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