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
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- 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
Not available
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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 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.
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.
| 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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PG
Pranaya Goyal |
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Investor details for KidzByte
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Investments & Acquisitions by KidzByte
Investment portfolio details for KidzByte
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Financial Statements - KidzByte
Detailed financials for KidzByte
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Kidzbyte Comparisons
Peer comparison for KidzByte
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Personalized news aggregator app
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Multi-category news is aggregated online by News Break.
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| Locked | Locked | Locked |
Multi-category news is curated and delivered in multiple languages.
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| Locked | Locked | Locked |
Developer of a short-video platform and technology infrastructure
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| Locked | Locked | Locked |
Personalized news stories are discovered via machine learning algorithms.
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| Locked | Locked | Locked |
Online media portal
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Detailed competitors of KidzByte
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Latest news on Kidzbyte
Complete news archive for KidzByte
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Frequently Asked Questions about KidzByte
KidzByte was founded in 2018 and raised its 1st funding round 1 year after it was founded.
KidzByte is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
KidzByte is a funded company, having raised a total of $471.45K across 2 funding rounds to date.
Annual revenue of KidzByte is $13.2K as on Mar 31, 2023.
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.
KidzByte's top competitors include DailyHunt, Toutiao and News Break.
KidzByte has 2 investors. Key investors include JetSynthesys, and Pranaya Goyal.
The valuation of KidzByte is $688.46K as of Feb 2021.