About FRND
FRND is a company based in Bengaluru (India) founded in 2019 by Bhanu Pratap Singh Tanwar and Harshvardhan Chhangani. FRND has raised $8.68 million across 2 funding rounds from investors including Krafton, India Quotient and Elevation Capital. The company has 25 employees as of April 10, 2024. FRND operates in a competitive market with competitors including EloElo, Clarity, Mohalla, Chatadda and AVCHATS, among others.
- Headquarter Bengaluru, India
- Employees 25 as on 10 Apr, 2024
- Founders Bhanu Pratap Singh Tanwar, Harshvardhan Chhangani
- Stage Minicorn
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Sectors
TelecommunicationsMedia & Entertainment
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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 Cold Brew Tech Private Limited
- Date of Incorporation 20 Nov, 2018
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$233.9 K (USD)182.1as on Mar 31, 2022
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Net Profit
-$1.17 M (USD)-42.73as on Mar 31, 2022
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EBITDA
-$1.09 M (USD)-28.63as on Mar 31, 2022
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Total Equity Funding
$8.68 M (USD)
in 2 rounds
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Latest Funding Round
$6.5 M (USD), Series A
Dec 20, 2021
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Investors
Krafton
& 2 more
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Employee Count
25
as on Apr 10, 2024
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People of FRND
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Funding Insights of FRND
FRND has successfully raised a total of $8.68M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in December 2021. 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 FRND
FRND has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Krafton, India Quotient and Elevation Capital.
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Investment in Indian startups across technology and fintech sectors.
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Elevation Capital is focused on early-stage tech investments in India.
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A variety of online multiplayer games is provided by Krafton.
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Investor details for FRND
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Investments & Acquisitions by FRND
Investment portfolio details for FRND
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Financial Statements - FRND
Detailed financials for FRND
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Frnd Comparisons
Peer comparison for FRND
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Competitors of FRND
FRND 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 EloElo, Clarity, Mohalla, Chatadda and AVCHATS, among others.
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Live social entertainment is facilitated via an app-based platform.
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Digital therapy solutions for neurodegenerative diseases are provided.
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Online chat rooms for social interaction and group video watching experiences.
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Operates a digital hub for social networking and chat services.
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Operates an online platform for users to access and engage in chat rooms.
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Provides audio introductions for dating, free chatting, and paid audio calls.
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Detailed competitors of FRND
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Latest news on Frnd
Complete news archive for FRND
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Frequently Asked Questions about FRND
FRND was founded in 2019.
FRND is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Bhanu Pratap Singh Tanwar is the current CEO of FRND. They have also founded this company.
FRND is a funded company, having raised a total of $8.68M across 2 funding rounds to date.
As of Apr 10, 2024, the latest employee count at FRND is 25.
Annual revenue of FRND is $233.9K as on Mar 31, 2022.
FRND was founded in 2019 in Bengaluru, India, as a social discovery platform in the digital networking sector. Audio interactions are emphasized, with users matched via algorithms based on interests and preferences. Voice chat rooms are created or joined for real-time engagement, while interactive audio games support connections. Operations focus on facilitating friendships and dating through these features.
FRND has 3 investors. Key investors include Krafton, India Quotient, and Elevation Capital.
The valuation of FRND is $25.09M as of Dec 2021.