About GCI Network
GCI Network is a company based in Mumbai (India) founded in 2010 by Cory York and Firoz Khan was acquired by Swych in May 2018. GCI Network has raised $225.91 thousand across 1 funding round from investors including GoSwych, Rajan Anandan and Hemant Kanakia. The company has 6 employees as of April 04, 2024.
- Headquarter Mumbai, India
- Employees 6 as on 04 Apr, 2024
- Founders Cory York, Firoz Khan
- Stage Minicorn
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Sectors
Retail
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Email
Locked
-
Phone
Locked
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Website
Locked
-
Social
Locked
- Legal Name Gci Network Private Limited
- Date of Incorporation 25 Apr, 2011
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$5.3 M (USD)-85.21as on Mar 31, 2021
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Net Profit
-$164.93 K (USD)-135.88as on Mar 31, 2021
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EBITDA
-$193.32 K (USD)-1781.58as on Mar 31, 2021
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Total Equity Funding
$225.91 K (USD)
in 1 rounds
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Latest Funding Round
$225.91 K (USD), Seed
Dec 12, 2014
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Investors
GoSwych
& 2 more
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Employee Count
6
as on Apr 04, 2024
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Acquired by
Swych
(May 08, 2018)
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Funding Insights of GCI Network
GCI Network has successfully raised a total of $225.91K through 1 strategic funding round. The most recent funding activity was a Seed round of $225.91 thousand completed in December 2014. 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 GCI Network
GCI Network has secured backing from 3 investors, including angel investors. Prominent investors backing the company include GoSwych, Rajan Anandan and Hemant Kanakia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
RA
Rajan Anandan |
Managing Director at Peak XV, ex-Google India head, prolific angel investor
|
Locked | Locked | Locked |
|
HK
Hemant Kanakia |
Indian angel investor, founder of Kanakia Group, focuses on tech startups
|
Locked | Locked | Locked |
|
Online retailer of gift cards and wallet to store them
|
Locked | Locked | Locked |
Investor details for GCI Network
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Investments & Acquisitions by GCI Network
Investment portfolio details for GCI Network
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Financial Statements - GCI Network
Detailed financials for GCI Network
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Gci Network Comparisons
Peer comparison for GCI Network
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Competitors of GCI Network
Detailed competitors of GCI Network
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Latest news on Gci Network
Complete news archive for GCI Network
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Frequently Asked Questions about GCI Network
GCI Network was founded in 2010 and raised its 1st funding round 4 years after it was founded.
GCI Network is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
GCI Network is a funded company, having raised a total of $225.91K across 1 funding round to date.
As of Apr 04, 2024, the latest employee count at GCI Network is 6.
Annual revenue of GCI Network is $5.3M as on Mar 31, 2021.
Founded in 2010 and based in Mumbai, India, GCI Network operates as a prepaid gift card platform in the retail sector. Partnerships are maintained with online and offline retailers to provide cards across categories including apparel, electronics, department stores, restaurants, and hotels. Notable collaborations include Shoppers Stop, Lifestyle, Reliance, Big Bazaar, Titan, KFC, Book My Show, Amazon India, and Dominos Pizza. The network facilitates omnichannel access for consumers.
GCI Network has 3 investors. Key investors include GoSwych, Rajan Anandan, and Hemant Kanakia.
The valuation of GCI Network is $2.93M as of Dec 2014.