About KidzByte
KidzByte is a company based in Mumbai (India) founded in 2018 by Swagat Salunke was acquired by JetSynthesys in July 2023.. KidzByte has raised $471.45 thousand across 2 funding rounds from investors including JetSynthesys and Pranaya Goyal. KidzByte operates in a competitive market with competitors including Toutiao, News Break, DailyHunt, VerSe and SmartNews, among others.
- Headquarter Mumbai, India
- Founders Swagat Salunke
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Sectors
Media & EntertainmentEducation
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Kidzbyte Mediatech Private Limited
- Date of Incorporation 19 Mar, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$13.2 K (USD)-77.32as on Mar 31, 2023
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Net Profit
$-29.42 K (USD)-207.26as on Mar 31, 2023
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EBITDA
$-22.82 K (USD)-174.41as on Mar 31, 2023
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Total Equity Funding
$471.45 K (USD)
in 2 rounds
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Latest Funding Round
$182.6 K (USD), Angel Round
Feb 12, 2021
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Investors
JetSynthesys
& 1 more
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Employee Count
Employee Count
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Acquired by
JetSynthesys
(Jul 04, 2023)
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Funding Insights of KidzByte
KidzByte has successfully raised a total of $471.45K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $182.6 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 Total Funding
- Total Rounds 2
- Last Round Angel Round — $182,600
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First Round
First Round
(03 Apr 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Angel Round - KidzByte | Valuation | Pranaya Goyal |
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| Apr, 2019 | Amount | Angel Round - KidzByte | Valuation | Pranaya Goyal |
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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 KidzByte
KidzByte has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include JetSynthesys and Pranaya Goyal. 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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Developer of digital platforms and products for gaming, entertainment, and sports
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Founded Year | Domain | Location | |
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PG
Pranaya Goyal |
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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 KidzByte
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - KidzByte
| 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 |
Kidzbyte Comparisons
Competitors of KidzByte
KidzByte 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 Toutiao, News Break, DailyHunt, VerSe and SmartNews, 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 |
Personalized news aggregator app
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| domain | founded_year | HQ Location |
Multi-category news is aggregated online by News Break.
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| domain | founded_year | HQ Location |
Multi-category news is curated and delivered in multiple languages.
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| domain | founded_year | HQ Location |
Developer of a short-video platform and technology infrastructure
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| domain | founded_year | HQ Location |
Personalized news stories are discovered via machine learning algorithms.
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| domain | founded_year | HQ Location |
Online media portal
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Kidzbyte
Frequently Asked Questions about KidzByte
When was KidzByte founded?
KidzByte was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is KidzByte located?
KidzByte is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is KidzByte a funded company?
KidzByte is a funded company, having raised a total of $471.45K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $288.85K, raised on Apr 03, 2019.
What is the annual revenue of KidzByte?
Annual revenue of KidzByte is $13.2K as on Mar 31, 2023.
What does KidzByte do?
KidzByte was founded in 2018 in Mumbai, India, as an edtech company focused on childrens education. An Android app is offered, featuring customized news articles, DIY activities, and quizzes on topics including India and world affairs, education, careers, science, and discoveries. Resources are tailored for users aged 9 to 15, supporting learning in multiple areas.
Who are the top competitors of KidzByte?
KidzByte's top competitors include DailyHunt, Toutiao and News Break.
Who are KidzByte's investors?
KidzByte has 2 investors. Key investors include JetSynthesys, and Pranaya Goyal.
What is KidzByte's valuation?
The valuation of KidzByte is $688.46K as of Feb 2021.
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