About Indus OS
Indus OS is a company based in Mumbai (India) founded in 2013 by Hari Padmanabhan was acquired by PhonePe in May 2021.. Indus OS has raised $17.56 million across 6 funding rounds from investors including PhonePe, Affle and Omidyar Network. The company has 96 employees as of April 06, 2024. Indus OS operates in a competitive market with competitors including Android, Insyde Software, KaiOS, Jolla and DBOS, among others.
- Headquarter Mumbai, India
- Employees 96 as on 06 Apr, 2024
- Founders Hari Padmanabhan
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Sectors
Media & EntertainmentTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Indus Appstore Private Limited
- Date of Incorporation 20 Oct, 2015
- Jurisdiction Egmore Nungambakkam, Tamil Nadu, India
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Annual Revenue
$5.06 M (USD)-42.5as on Mar 31, 2023
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Net Profit
$-13.65 M (USD)-302.14as on Mar 31, 2023
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EBITDA
$-13.05 M (USD)-357.38as on Mar 31, 2023
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Total Equity Funding
$17.56 M (USD)
in 6 rounds
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Latest Funding Round
$2.81 M (USD), Series B
Jul 03, 2020
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Investors
PhonePe
& 12 more
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Employee Count
96
as on Apr 06, 2024
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Acquired by
PhonePe
(May 19, 2021)
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Funding Insights of Indus OS
Indus OS has successfully raised a total of $17.56M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $2.81 million completed in July 2020. 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 6
- Last Round Series B — $2.8M
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Series B - Indus OS | Valuation | Affle |
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| Jul, 2019 | Amount | Series B - Indus OS | Valuation | Samsung Venture Investment | |
| Dec, 2017 | Amount | Series A - Indus OS | Valuation | Ventureast , Omidyar Network |
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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 Indus OS
Indus OS has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include PhonePe, Affle and Omidyar Network. 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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Venture capital investments in technology, healthcare, and clean environment sectors since 1997.
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Founded Year | Domain | Location | |
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Investments are directed toward semiconductors, telecommunications, software, and medical sectors.
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Founded Year | Domain | Location | |
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Investing in technology, digital culture, governance, and business initiatives.
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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 Indus OS
| 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 - Indus OS
| 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 |
Indus Os Comparisons
Competitors of Indus OS
Indus OS 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 Android, Insyde Software, KaiOS, Jolla and DBOS, 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 |
Mobile operating system is offered for business touchscreen devices.
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| domain | founded_year | HQ Location |
Firmware solutions for computing devices are developed by Insyde Software.
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| domain | founded_year | HQ Location |
Provider of operating system for mobile devices
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| domain | founded_year | HQ Location |
Open source mobile OS and smartphones are developed and distributed.
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| domain | founded_year | HQ Location |
Cloud-based serverless solutions for application development are provided.
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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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Latest news on Indus Os
Frequently Asked Questions about Indus OS
When was Indus OS founded?
Indus OS was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Indus OS located?
Indus OS is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Indus OS a funded company?
Indus OS is a funded company, having raised a total of $17.56M across 6 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Sep 30, 2015.
How many employees does Indus OS have?
As of Apr 06, 2024, the latest employee count at Indus OS is 96.
What is the annual revenue of Indus OS?
Annual revenue of Indus OS is $5.06M as on Mar 31, 2023.
What does Indus OS do?
Indus OS, fka Firstouch, is a regional mobile operating system built on Android for catering to economic, social, and regional diversity of smartphone users in India. It features a virtual keyboard that comes with predictive text and swipe technology allowing users to translate and transliterate Indian regional languages text to English and vice versa with a swipe. The company also has an application marketplace called App Bazaar that features over 400,000 vernacular apps and comes with an integrated carrier billing payment gateway. As of 2018, it supports English and 23 other regional languages including Assamese, Bengali, Gujarati, Hindi, Kannada, Malayalam, Marathi, to name a few. The company has partnered with Micromax, Intex, Karbonn, Celkon, and Swipe for preloading Indus OS onto their phones. In 2016, it was declared the second most popular OS in India according to a research study conducted by Counterpoint Research with a 7.6 market share.
Who are the top competitors of Indus OS?
Who are Indus OS's investors?
Indus OS has 13 investors. Key investors include PhonePe, Affle, Omidyar Network, JSW Ventures, and Ventureast.
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