About Instadapp
Instadapp is a company based in Hyderabad (India) founded in 2018 by Samyak Jain and Sowmay Jain.. Instadapp has raised $12.4 million across 2 funding rounds from investors including Coinbase, DeFi Alliance and IDEO CoLab Ventures. Instadapp offers products and services including Instadapp Pro, Instadapp Lite, Avocado, and Fluid. Instadapp operates in a competitive market with competitors including IoTeX, Synthetix, Dash, Biconomy and Origin Protocol, among others.
- Headquarter Hyderabad, India
- Founders Samyak Jain, Sowmay Jain
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Sectors
TechnologyFinancial Services
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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 Instadapp Labs Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.4 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series A
Mar 14, 2021
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Investors
Coinbase
& 10 more
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Employee Count
Employee Count
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Products & Services of Instadapp
Instadapp offers a comprehensive portfolio of products and services, including Instadapp Pro, Instadapp Lite, Avocado, and Fluid. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Advanced platform for managing DeFi strategies and executions.
Simplified application for basic DeFi operations and interactions.
Secure wallet handling accounts, gas, and smart contract executions.
Protocol for DeFi protocol development and management features.
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Funding Insights of Instadapp
Instadapp has successfully raised a total of $12.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in March 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 Total Funding
- Total Rounds 2
- Last Round Series A — $10.0M
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First Round
First Round
(02 Oct 2019)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series A - Instadapp | Valuation | Standard Crypto | |
| Oct, 2019 | Amount | Seed - Instadapp | Valuation | Pantera Capital , IDEO CoLab |
| 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 Instadapp
Instadapp has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Coinbase, DeFi Alliance and IDEO CoLab Ventures. 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 is invested in the cryptocurrencies sector.
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Founded Year | Domain | Location | |
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Blockchain startups are incubated and funded by the firm.
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Founded Year | Domain | Location | |
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Blockchain-focused investment funds and venture capital are provided.
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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 Instadapp
| 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 - Instadapp
| 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 |
Instadapp Comparisons
Competitors of Instadapp
Instadapp 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 IoTeX, Synthetix, Dash, Biconomy and Origin Protocol, 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 |
Blockchain-based connectivity for IoT applications is facilitated.
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| domain | founded_year | HQ Location |
Derivatives liquidity protocol
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| domain | founded_year | HQ Location |
Dash is recognized as a digital cash cryptocurrency solution.
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| domain | founded_year | HQ Location |
Blockchain infrastructure for Web3 experiences is provided.
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| domain | founded_year | HQ Location |
A blockchain platform is provided for building decentralized marketplaces.
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| domain | founded_year | HQ Location |
Blockchain platform is utilized for developing and launching decentralized applications.
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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 Instadapp
Frequently Asked Questions about Instadapp
When was Instadapp founded?
Instadapp was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Instadapp located?
Instadapp is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Instadapp?
Sowmay Jain is the current CEO of Instadapp. They have also founded this company.
Is Instadapp a funded company?
Instadapp is a funded company, having raised a total of $12.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.4M, raised on Oct 02, 2019.
What does Instadapp do?
Developer of decentralized finance (DeFi) applications and tools. It provides a suite of products designed to simplify and enhance user interaction with decentralized finance protocols. These offerings include user-friendly interfaces for managing various DeFi activities, such as interacting with smart contracts and managing digital assets. The company also develops tools to improve the overall DeFi user experience, focusing on accessibility and security. Its aim is to make decentralized finance more accessible and efficient for a wider range of users.
Who are the top competitors of Instadapp?
Instadapp's top competitors include Pillow Fund, IoTeX and Biconomy.
What products or services does Instadapp offer?
Instadapp offers Instadapp Pro, Instadapp Lite, Avocado, and Fluid.
Who are Instadapp's investors?
Instadapp has 11 investors. Key investors include Coinbase, DeFi Alliance, IDEO CoLab Ventures, Standard Crypto, and Andre Cronje.
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