About Knack App
Knack App is a Technology company based in Mumbai (India) founded in 2015. It delivers a mobile-first application for streamlined business management. It operates on a B2B model. Knack App has raised $17.98 thousand across 1 funding round. Its focus areas include Business Software, Management Applications and Mobile-first Solutions. Its legal entity in India is Madworks Ventures Private Limited (U74999MH2015PTC269725). Its competitors include IppoPay, Recordent and Professional Invoicing; 2 of its 3 listed competitors have raised funding.
Company details
Knack App, based in Mumbai, focuses on leveraging cutting-edge technology, business software, management applications, and mobile-first solutions. Delivers a mobile-first application for streamlined business management. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- SectorsTechnology
- Website justknackit.com
- Social Facebook
- Legal Name Madworks Ventures Private Limited
- Date of Incorporation 31 Oct, 2015
- Jurisdiction Mumbai, Maharashtra, India
- Net Loss-₹1,091
FY 2022 · -389% margin
- Total Equity Funding$17.98K (USD)
in 1 rounds
- Latest Funding Round$17.98K (USD), Seed
Feb 2018
Associated legal entities of Knack App
Knack App is associated with 2 registered companies on The Company Check; the primary company is Madworks Ventures Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Madworks Ventures Private Limited CIN U59110MH2015PTC269725 | Active | 31 Oct 2015 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details | |
| Madworks Ventures Private Limited CIN U74999MH2015PTC269725 | 31 Oct 2015 | Mumbai, Maharashtra, India | View details |
Funding Insights of Knack App
Knack App has successfully raised a total of $17.98K through 1 strategic funding round. The most recent funding activity was a Seed round of $17.98 thousand completed in February 2018. 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 $17,984
- Total Rounds 1
- Last Round Seed — $17,984
- First Round $17,984
(Feb 2018)
All 1 funding rounds of Knack App 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 |
|---|---|---|---|---|---|
| Feb 2018 | $17,984 | Seed | – | – | – |
Board of directors of Madworks Ventures Private Limited (Knack App)
Madworks Ventures Private Limited is the primary company behind Knack App. The board of Madworks Ventures Private Limited currently have 2 directors; the longest-serving is Pooja Ketan Sheth, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pooja Ketan Sheth DIN 07294306 | Director | 31 Oct 2015 | 11 yrs | Madworks Ventures Private Limited |
| Arjun Madhavan DIN 07231500 | Director | 31 Oct 2015 | 11 yrs | Madworks Ventures Private Limited |
Financials of Knack App
Figures of Madworks Ventures Private Limited, the primary company behind Knack App, for FY 2022. Net loss was -₹1,091 (-389% margin). Revenue has grown at a compounded annual rate of -58% over three years and -61% over five years.
- -₹1,091Net loss · -389% margin
- ₹10.00 CrPaid-up capital
- -58%Revenue CAGR, 3 years
- -61%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Madworks Ventures Private Limited are on its company page.
Detailed financial statements for Knack App
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Knack App
2 dated milestones of Knack App across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Knack App is founded.
- Funding First funding round of $18K.
Competitors of Knack App
Knack App has 3 listed competitors in our database, 2 of them funded. They include IppoPay, Recordent and Professional Invoicing.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ippopay.com | 2020 | Chennai, India | $4.65M | 229 | QR codes and UPIs are used for business payment acceptance. | |
| recordent.com | 2018 | Hyderabad, India | $400,000 | 24 | Accounts receivables and credit management solutions are provided for businesses. | |
| professionalinvoicing.com | 2015 | Nashik, India | Provides cloud-based invoicing tools for professionals and businesses worldwide. |
Detailed competitors of Knack App
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Mobile Application Ecosystem
2 companies that operate in the same segment as Knack App (Mobile Application Ecosystem) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Delivers a comprehensive super-app for multi-category products and services. | 2019 | Mumbai, Maharashtra, India | ||||
Mobile apps are traded via an AI-powered bidding marketplace. | 2017 | Delhi, Delhi, India | USD 4 M | USD 1.38 M |
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Frequently Asked Questions about Knack App
Knack App was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Knack App is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Knack App is a funded company, having raised a total of $17.98K across 1 funding round to date. The company's 1st funding round was a Seed of $17.98K, raised on Feb 2018.
Annual revenue of Knack App is $3.39 as on Mar 31, 2022.
Knack App, based in Mumbai, focuses on leveraging cutting-edge technology, business software, management applications, and mobile-first solutions. Delivers a mobile-first application for streamlined business management. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Knack App's top competitors include IppoPay, Recordent and Professional Invoicing.
Knack App operates through Madworks Ventures Private Limited.
The legal entities of Knack App currently have 2 directors, including Pooja Ketan Sheth, Arjun Madhavan.