About Frilp
Frilp is a Media & Entertainment company based in Chennai (India) founded in 2012, and was acquired by Freshworks in October 2015. Local services are recommended through a web-based platform. It operates on a Two-Sided Marketplace model. Frilp has raised $618.28 thousand across 3 funding rounds from investors including Freshworks, Sanjay Kao and Shanmugam Krishnaswamy. Frilp was last valued at $2.91 million in July 2015. Frilp offers products and services including Recommendation Platform. Its focus areas include Technology, Social Media and Recommendation Platforms. Its legal entity in India is Turing Research Labs Private Limited (U72900TN2013PTC089632).
Company details
Frilp is engaged in developing a next-generation social platform aimed at facilitating trusted references and recommendations within personal networks. The company is integrated with technologies to enable contextual conversations and peer-to-peer interactions. Solutions are designed to save time, effort, and money for users while supporting businesses in delivering exceptional customer experiences. The platform is being evolved to allow integration by other companies to unlock additional value.
- Headquarters Chennai, India
- Stage Acquired
- SectorsMedia & Entertainment
- Phone•••• ••••
- Website frilp.com
- Social LinkedIn X Facebook
- Acquired by Freshworks (Oct 2015)
- Legal Name Turing Research Labs Private Limited
- Date of Incorporation 15 Feb, 2013
- Annual Revenue₹45,847
FY 2018 · -97% YoY
- Net Loss-₹95,190
FY 2018 · -208% margin
- EBITDA-₹95,190
FY 2018 · -208% margin
- Total Equity Funding$618.28K (USD)
in 3 rounds
- Latest Funding Round$118.28K (USD), Angel Round
Jul 2015
- InvestorsFreshworks
& 16 more
- Acquired byFreshworks
(Oct 2015)
Associated legal entities of Frilp
Frilp operates through Turing Research Labs Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Turing Research Labs Private Limited CIN U72900TN2013PTC089632 | Strike Off | 15 Feb 2013 | Chennai, Tamil Nadu | ₹0.0 Cr | 4,301 | 2 | View details |
Products & Services of Frilp
Frilp offers a comprehensive portfolio of products and services, including Recommendation Platform.
A platform for trusted recommendations within personal networks.
Funding Insights of Frilp
Frilp has successfully raised a total of $618.28K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $118.28 thousand completed in July 2015. 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 $618,275
- Total Rounds 3
- Last Round Angel Round — $118,275
- Investors Count 16
All 3 funding rounds of Frilp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2015 | $118,275 | Angel Round | $2.91M | Sanjay Kao, Sanjay Kao | |
| May 2014 | $500,000 | Seed | $2.17M | Girish Mathrubootham | |
| May 2013 | Seed | $••••• | IIMA Ventures, CIIE | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2015 | $2.91M | •••••••• |
| May 2014 | $2.17M | •••••••• |
Last known valuation $2.91M (Jul 2015). 17 investors in total: 4 institutional and 13 angel.
Investors in Frilp
Frilp has secured backing from 17 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Freshworks, Sanjay Kao and Shanmugam Krishnaswamy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on multiple sectors | natarajanfamily.tcc.mode | Gibsonia, United States | ||
Early-stage tech startups are supported via venture capital and acceleration. | iimaventures.com | Ahmedabad, India | ||
Startup incubator | ciie.co | Ahmedabad, India | ||
Cloud-based business process management suite solutions are delivered. | 2010 | freshworks.com | San Mateo, United States | |
SK Sanjay Kao | unknown_8af8df2a14c3446aa | |||
SK Shanmugam Krishnaswamy | unknown_a5bc7a698d4146fba | |||
RR Ravi Raman | unknown_ec7fefbe7ef04bf0b | |||
MR M Rathnagirish | unknown_3cc6e905dda74bf99 | |||
SK Sanjay Kao | unknown_f90522b0617e4d93b | |||
MR M Rathnagirish | unknown_0da75767290d4b34b |
Investor details for Frilp
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Turing Research Labs Private Limited (Frilp)
Turing Research Labs Private Limited is the primary company behind Frilp. The board of Turing Research Labs Private Limited currently have 2 directors; the longest-serving is Jayaraman Raja, appointed in 2013. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jayaraman Raja DIN 06473886 | Director | 15 Feb 2013 | 13 yrs 8 mo | Turing Research Labs Private Limited |
| Shanmuga Sundaram Anandaraman DIN 06473881 | Director | 15 Feb 2013 | 13 yrs 8 mo | Turing Research Labs Private Limited |
Financials of Frilp
Figures of Turing Research Labs Private Limited, the primary company behind Frilp, for FY 2018. Revenue was ₹45,847 (-97% year on year). Net loss was -₹95,190 (-208% margin). EBITDA was -₹95,190 (-208% margin). Revenue has grown at a compounded annual rate of -64% over three years.
- ₹45,847Revenue · FY 2018 · -97% YoY
- -₹95,190Net loss · -208% margin
- -₹95,190EBITDA · -208% margin
- ₹1.5 LakhPaid-up capital
- 4,301Employees (provident fund records)
- -64%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Turing Research Labs Private Limited are on its company page.
Detailed financial statements for Frilp
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.
Timeline of Frilp
5 dated milestones of Frilp across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Frilp is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $118K.
- Exit Acquired by Freshworks.
Web traffic of Frilp
The website of Frilp (frilp.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 4.5% vs previous month
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Related news about Frilp
Complete news archive for Frilp
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Frequently Asked Questions about Frilp
Frilp was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Frilp is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Frilp is a funded company, having raised a total of $618.28K across 3 funding rounds to date.
The primary company behind Frilp, Turing Research Labs Private Limited, reported revenue of ₹45,847 for FY 2018, down 97% year on year.
Frilp is engaged in developing a next-generation social platform aimed at facilitating trusted references and recommendations within personal networks. The company is integrated with technologies to enable contextual conversations and peer-to-peer interactions. Solutions are designed to save time, effort, and money for users while supporting businesses in delivering exceptional customer experiences. The platform is being evolved to allow integration by other companies to unlock additional value.
Frilp offers Recommendation Platform.
Frilp has 17 investors. Key investors include Freshworks, Sanjay Kao, Shanmugam Krishnaswamy, Ravi Raman, and M Rathnagirish.
The valuation of Frilp is $2.91M as of Jul 2015.
Frilp operates through Turing Research Labs Private Limited.
Yes. Frilp was acquired by Freshworks in October 2015.
The legal entities of Frilp currently have 2 directors, including Jayaraman Raja, Shanmuga Sundaram Anandaraman.