About Kalpnik
Kalpnik is a Technology company based in Bengaluru (India) founded in 2016. Online platform that provide VR-based tour guide. It operates in the Technology and Travel & Hospitality sectors. Kalpnik has raised $851.87 thousand across 5 funding rounds from investors including Venture Catalysts, Italica and Hunch Ventures. Kalpnik was last valued at $6.62 million in April 2019. Its Indian entity Kalpnik Technologies Private Limited reported revenue of ₹12.1 Lakh. Its focus areas include Consumer, Online Travel, Guidebooks and Horizontal.
Company details
Kalpnik was founded in 2016 in Bengaluru, India, as an online platform in the virtual reality tourism sector. Access to remote places and events is enabled through live high-quality 360-degree videos. Compelling stories are created, and contextual virtual objects are integrated into video streams. Travelers are provided with immersive experiences tailored to various destinations and occasions. Operations focus on delivering these services digitally to a global audience.
- Headquarters Bengaluru, India
- Stage Minicorn
- SectorsTechnologyTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website kalpnik.com
- Social LinkedIn X Facebook
- Legal Name Kalpnik Technologies Private Limited
- Date of Incorporation 22 Jul, 2016
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹12.1 Lakh
FY 2022 · +121% YoY
- Net Profit₹7.2 Lakh
FY 2022 · 60% margin
- EBITDA-₹4.7 Lakh
FY 2022 · -39% margin
- Total Equity Funding$851.87K (USD)
in 5 rounds
- Latest Funding Round$136.61K (USD), Seed
Apr 2019
- InvestorsVenture Catalysts
& 47 more
Associated legal entities of Kalpnik
Kalpnik operates through Kalpnik Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kalpnik Technologies Private Limited CIN U72200KA2016PTC095236 | Strike Off | 22 Jul 2016 | Bengaluru, Karnataka | ₹0.1 Cr | 3 | View details |
Funding Insights of Kalpnik
Kalpnik has successfully raised a total of $851.87K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $136.61 thousand completed in April 2019. 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 $851,871
- Total Rounds 5
- Last Round Seed — $136,606
- Investors Count 48
All 5 funding rounds of Kalpnik with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2019 | $136,606 | Seed | $6.62M | Hunch Ventures | |
| Aug 2018 | $189,585 | Seed | $2.01M | United Global Info Services | |
| Feb 2018 | Seed | $••••• | – | ||
| Nov 2017 | $525,680 | Seed | $••••• | Jagdish Kumar Gulati, United Global Info Services | |
| Jan 2017 | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2019 | $6.62M | •••••••• |
| Aug 2018 | $2.01M | •••••••• |
| Feb 2018 | $••••• | •••••••• |
| Nov 2017 | $••••• | •••••••• |
Full valuation and stage history of Kalpnik
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
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Verified entity values are shown only after access is granted.
Last known valuation $6.62M (Apr 2019). 48 investors in total: 9 institutional and 39 angel.
Investors in Kalpnik
Kalpnik has secured backing from 48 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Venture Catalysts, Italica and Hunch Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are focused on people behind brands by an investment fund based in New Delhi. | 2016 | hunchventures.com | Delhi, India | |
Venture capital firm focused on early-stage companies | gauravsinghviventures.com | Surat, India | ||
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Italica is engaged in manufacturing and selling plastic furniture. | 1992 | italica.com | Mumbai, India | |
Entertainment news is curated and ranked by social scoring algorithm. | 2005 | coevolvegroup.com | Bengaluru, India | |
Management consultancy services are provided to businesses worldwide. | unitedglobalinfoservices.tcc.mode | Delhi, India | ||
Limited information available | indushome.tcc.mode | |||
Hotel and resort accommodations are operated in Delhi, India. | namehhotelsandresorts.tcc.mode | Delhi, India | ||
Provides sales, distribution, and logistics for FMCG, pharmaceuticals, and electronics. | 2007 | touchstone.org.in | Raipur, India | |
TA Tinku Acharya | unknown_e90bbacb99fc4a17a |
Investor details for Kalpnik
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Kalpnik Technologies Private Limited (Kalpnik)
Kalpnik Technologies Private Limited is the primary company behind Kalpnik. The board of Kalpnik Technologies Private Limited currently have 3 directors; the longest-serving is Apul Kiritkumar Nahata, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Apul Kiritkumar Nahata DIN 07568786 | Director | 22 Jul 2016 | 10 yrs 3 mo | Kalpnik Technologies Private Limited |
| Ashwani Garg DIN 07568787 | Director | 22 Jul 2016 | 10 yrs 3 mo | Kalpnik Technologies Private Limited |
| John Kariath Kuruvilla DIN 00720200 | Director | 22 Jul 2016 | 10 yrs 3 mo | Kalpnik Technologies Private Limited |
People of Kalpnik
2 people are tracked at Kalpnik (1 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Dattaram S. | Senior Operations Manager | Team |
Complete people profiles for Kalpnik
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Kalpnik
Figures of Kalpnik Technologies Private Limited, the primary company behind Kalpnik, for FY 2022. Revenue was ₹12.1 Lakh (+121% year on year). Net profit was ₹7.2 Lakh (60% margin). EBITDA was -₹4.7 Lakh (-39% margin). Revenue has grown at a compounded annual rate of -46% over three years.
- ₹12.1 LakhRevenue · FY 2022 · +121% YoY
- ₹7.2 LakhNet profit · 60% margin
- -₹4.7 LakhEBITDA · -39% margin
- ₹61.3 LakhPaid-up capital
- -46%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Kalpnik Technologies Private Limited are on its company page.
Detailed financial statements for Kalpnik
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Kalpnik
4 dated milestones of Kalpnik across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Kalpnik is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $137K.
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Related news about Kalpnik
Complete news archive for Kalpnik
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Frequently Asked Questions about Kalpnik
Kalpnik was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Kalpnik is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Kalpnik is a funded company, having raised a total of $851.87K across 5 funding rounds to date.
The primary company behind Kalpnik, Kalpnik Technologies Private Limited, reported revenue of ₹12.1 Lakh for FY 2022, up 121% year on year.
Kalpnik was founded in 2016 in Bengaluru, India, as an online platform in the virtual reality tourism sector. Access to remote places and events is enabled through live high-quality 360-degree videos. Compelling stories are created, and contextual virtual objects are integrated into video streams. Travelers are provided with immersive experiences tailored to various destinations and occasions. Operations focus on delivering these services digitally to a global audience.
Kalpnik has 48 investors. Key investors include Venture Catalysts, Italica, Hunch Ventures, CoEvolve Estates, and Touchstone Group.
The valuation of Kalpnik is $6.62M as of Apr 2019.
Kalpnik operates through Kalpnik Technologies Private Limited.
The legal entities of Kalpnik currently have 3 directors, including Apul Kiritkumar Nahata, Ashwani Garg, John Kariath Kuruvilla.