GolBol

Mumbai, India Founded: 2018 • Age: 8 yrs Minicorn Acquired By VerSe
Social networking application for photos sharing

About GolBol

GolBol is a Media & Entertainment company based in Mumbai (India) founded in 2018 by Shanu Vivek, and was acquired by VerSe in October 2021. Social networking application for photos sharing. GolBol has raised $332.96 thousand across 2 funding rounds from investors including VerSe, Orios Venture Partners and Chakradhar Gade. GolBol was last valued at $2.24 million in February 2021. Its chief executive, as recorded, is Shanu Vivek. Its Indian entity Antbridge Private Limited reported revenue of β‚Ή32 Lakh. Its focus areas include Consumer, Social Platforms, Horizontal and Photo and Video Sharing. Its competitors include ShareChat and IndiGG; 2 of its 2 listed competitors have raised funding.

Company details

GolBol was founded in 2018 in Mumbai, India, as a social networking platform centered on photo sharing. Users photos are added to frames including Shayari, celebrity, festival, Bollywood, and trending varieties. The application operates on Android and iOS platforms, facilitating user interactions within the digital media sector. Core functions emphasize photo uploads and frame-based sharing for community engagement.

  • Headquarters Mumbai, India
  • Founders Shanu Vivek
  • Stage Acquired
  • Sectors
    Media & Entertainment
  • Website golbol.in
  • Social LinkedIn
  • Acquired by VerSe (Oct 2021)
  • Legal Name Antbridge Private Limited
  • Date of Incorporation 06 Dec, 2018
  • Jurisdiction Andheri E Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹32 Lakh

    FY 2021 · +6923% YoY

  • Net Loss
    -₹1.47 Cr

    FY 2021 · -459% margin

  • EBITDA
    -₹1.46 Cr

    FY 2021 · -456% margin

  • Total Equity Funding
    $332.96K (USD)

    in 2 rounds

  • Latest Funding Round
    $82.69K (USD), Seed

    Feb 2021

  • Investors
    VerSe

    & 2 more

  • Acquired by
    VerSe

    (Oct 2021)

Funding Insights of GolBol

GolBol has successfully raised a total of $332.96K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $82.69 thousand completed in February 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.

  • Total Funding $332,959
  • Total Rounds 2
  • Last Round Seed β€” $82,691
  • First Round $250,268

    (Nov 2019)

  • Investors Count 2

All 2 funding rounds of GolBol with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2021$82,691Seed$2.24MOrios Venture Partners
Nov 2019$250,268Seed$1.51MOrios Venture Partners
–
Valuation history
DateValuationStage
Feb 2021$2.24Mβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2019$1.51Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.24M (Feb 2021). 3 investors in total: 2 institutional and 1 angel.

Investors in GolBol

GolBol has secured backing from 3 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include VerSe, Orios Venture Partners and Chakradhar Gade.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on early-stage investments
2013oriosvp.comMumbai, India
Developer of a short-video platform and technology infrastructure
2007verse.inBengaluru, India

Chakradhar Gade

Co-founder of Country Delight, active angel investor in Indian startups
unknown_dc5b03c6a7474a71b
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Investor details for GolBol

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Board of directors of Antbridge Private Limited (GolBol)

Antbridge Private Limited is the primary company behind GolBol. The board of Antbridge Private Limited currently have 3 directors; the longest-serving is Shanu Vivek, appointed in 2018.

DirectorDesignationAppointedTenureEntity
Shanu Vivek
DIN 08296250
Director06 Dec 20187 yrs 10 moAntbridge Private Limited
Karandeep Singh Gujral
DIN 08296248
Director06 Dec 20187 yrs 10 moAntbridge Private Limited
Kaushik Kumar Mahato
DIN 08296249
Director06 Dec 20187 yrs 10 moAntbridge Private Limited

People of GolBol

1 people are tracked at GolBol (1 in leadership).

NameRoleGroup
Co-Founder & CEOLeadership
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Financials of GolBol

Figures of Antbridge Private Limited, the primary company behind GolBol, for FY 2021. Revenue was ₹32 Lakh (+6923% year on year). Net loss was -₹1.47 Cr (-459% margin). EBITDA was -₹1.46 Cr (-456% margin).

  • ₹32 LakhRevenue · FY 2021 · +6923% YoY
  • -₹1.47 CrNet loss · -459% margin
  • -₹1.46 CrEBITDA · -456% margin
  • ₹1.2 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Antbridge Private Limited are on its company page.

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Detailed financial statements for GolBol

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Timeline of GolBol

5 dated milestones of GolBol across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded GolBol is founded.
  2. Funding First funding round of $250K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $83K.
  5. Exit Acquired by VerSe.

Competitors of GolBol

GolBol has 2 listed competitors in our database, 2 of them funded. They include ShareChat and IndiGG.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sharechat.com2015Bengaluru, India$1.2B589
Media content is shared on an app-based social network platform.
indi.gg2021Bengaluru, India$6M49
Online community-based gaming platform
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Detailed competitors of GolBol

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Related news about Golbol

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Complete news archive for GolBol

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Frequently Asked Questions about GolBol

GolBol was founded in 2018 and raised its 1st funding round 1 year after it was founded.

GolBol is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Shanu Vivek is the CEO of GolBol, as recorded in our data. They have also founded this company.

GolBol is a funded company, having raised a total of $332.96K across 2 funding rounds to date. The company's 1st funding round was a Seed of $250.27K, raised on Nov 2019.

The primary company behind GolBol, Antbridge Private Limited, reported revenue of β‚Ή32 Lakh for FY 2021, up 6923% year on year.

GolBol was founded in 2018 in Mumbai, India, as a social networking platform centered on photo sharing. Users photos are added to frames including Shayari, celebrity, festival, Bollywood, and trending varieties. The application operates on Android and iOS platforms, facilitating user interactions within the digital media sector. Core functions emphasize photo uploads and frame-based sharing for community engagement.

GolBol's top competitors include ShareChat and IndiGG.

GolBol has 3 investors. Key investors include VerSe, Orios Venture Partners, and Chakradhar Gade.

The valuation of GolBol is $2.24M as of Feb 2021.

GolBol operates through Antbridge Private Limited.

Yes. GolBol was acquired by VerSe in October 2021.

The legal entities of GolBol currently have 3 directors, including Shanu Vivek, Karandeep Singh Gujral, Kaushik Kumar Mahato.

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