About Konotor
Konotor is a Technology company based in Chennai (India) founded in 2013, and was acquired by Freshworks in December 2015. Interactive inbox integration offered for mobile app communications. Konotor has raised $160.09 thousand across 1 funding round from investors including Freshworks, Accel and Qualcomm Ventures. Konotor was last valued at $1.19 million in May 2014. The company was acqui-hired. Its focus areas include Enterprise Applications, Customer Success Management, Customer Engagement and Industry Specific. Its legal entity in India is Demach Software India Private Limited (U72900TN2012PTC088639). Its competitors include Capillary Technologies, MoEngage and Exotel; 3 of its 3 listed competitors have raised funding.
Company details
Konotor is an interactive inbox as add-on for mobile apps. It enables a 2-way communication channel for businesses to engage with their mobile app users for marketingpromos, alerts, re-engagement, feedback, support, surveys, push notifications, transactionsevent triggered messaging, etc. through in-app chat. Offers monthly packages starting at 59 for early stage startups, 599 for growth stage requirements. Product of Demach. Part of Target Accelerators first batch. Won QPrize 2014. Clients include BigBasket.
- Headquarters Chennai, India
- Stage Acquired
- SectorsTechnology
- Website konotor.com
- Social LinkedIn X Facebook
- Acquired by Freshworks (Dec 2015)
- Legal Name Demach Software India Private Limited
- Date of Incorporation 23 Nov, 2012
- Jurisdiction Chennai, Tamil Nadu, India
- Net Loss-₹8.5 Lakh
FY 2017 · 0% margin
- EBITDA-₹8.4 Lakh
FY 2017 · 0% margin
- Total Equity Funding$160.09K (USD)
in 1 rounds
- Latest Funding Round$160.09K (USD), Seed
May 2014
- InvestorsFreshworks
& 3 more
- Acquired byFreshworks
(Dec 2015)
Associated legal entities of Konotor
Konotor operates through Demach Software India Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Demach Software India Private Limited CIN U72900TN2012PTC088639 | Amalgamated | 23 Nov 2012 | Chennai, Tamil Nadu | 4 | View details |
Funding Insights of Konotor
Konotor has successfully raised a total of $160.09K through 1 strategic funding round. The most recent funding activity was a Seed round of $160.09 thousand completed in May 2014. 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 $160,094
- Total Rounds 1
- Last Round Seed — $160,094
- First Round $160,094
(May 2014)
- Investors Count 3
All 1 funding rounds of Konotor 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 |
|---|---|---|---|---|---|
| May 2014 | $160,094 | Seed | $1.19M | Qualcomm Ventures |
| Date | Valuation | Stage |
|---|---|---|
| May 2014 | $1.19M | •••••••• |
Last known valuation $1.19M (May 2014). 4 investors in total: 4 institutional.
Investors in Konotor
Konotor has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Freshworks, Accel and Qualcomm Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investing in technology sectors such as AI and automotive. | 2000 | qualcommventures.com | San Diego, United States | |
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Global holding company delivering tailored solutions in printing, construction, IT, and logistics. | 2014 | tgholdingsgh.com | Accra, Ghana | |
Cloud-based business process management suite solutions are delivered. | 2010 | freshworks.com | San Mateo, United States |
Investor details for Konotor
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Demach Software India Private Limited (Konotor)
Demach Software India Private Limited is the primary company behind Konotor. The board of Demach Software India Private Limited currently have 4 directors; the longest-serving is Vignesh Girishankar, appointed in 2012. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vignesh Girishankar DIN 06403876 | Director | 23 Nov 2012 | 13 yrs 11 mo | Demach Software India Private Limited |
| Balasubramanyam Deepak DIN 06403878 | Director | 23 Nov 2012 | 13 yrs 11 mo | Demach Software India Private Limited |
| Srikrishnan Ganesan DIN 06403875 | Director | 23 Nov 2012 | 13 yrs 11 mo | Demach Software India Private Limited |
| Shankar Kadayam Narasimhan DIN 02726721 | Director | 07 Jul 2017 | 9 yrs 3 mo | Demach Software India Private Limited |
Financials of Konotor
Figures of Demach Software India Private Limited, the primary company behind Konotor, for FY 2017. Net loss was -₹8.5 Lakh (0% margin). EBITDA was -₹8.4 Lakh (0% margin).
- -₹8.5 LakhNet loss · 0% margin
- -₹8.4 LakhEBITDA · 0% margin
- ₹1.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Demach Software India Private Limited are on its company page.
Detailed financial statements for Konotor
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Konotor
4 dated milestones of Konotor across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Konotor is founded.
- Funding First funding round of $160K.
- Milestone Reaches Minicorn status.
- Exit Acquired by Freshworks.
Competitors of Konotor
Konotor has 3 listed competitors in our database, 3 of them funded. They include Capillary Technologies, MoEngage and Exotel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| capillarytech.com | 2008 | Bengaluru, India | $239.1M | AI-powered loyalty management software is offered for enterprises. | ||
| moengage.com | 2014 | Bengaluru, India | $181.27M | 670 | Cross-channel customer engagement software is delivered through a cloud platform. | |
| exotel.com | 2011 | Bengaluru, India | $97.75M | 574 | AI-powered customer engagement and service solutions are delivered. |
Detailed competitors of Konotor
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Related news about Konotor
Complete news archive for Konotor
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Frequently Asked Questions about Konotor
Konotor was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Konotor is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Konotor is a funded company, having raised a total of $160.09K across 1 funding round to date. The company's 1st funding round was a Seed of $160.09K, raised on May 2014.
Konotor is an interactive inbox as add-on for mobile apps. It enables a 2-way communication channel for businesses to engage with their mobile app users for marketingpromos, alerts, re-engagement, feedback, support, surveys, push notifications, transactionsevent triggered messaging, etc. through in-app chat. Offers monthly packages starting at 59 for early stage startups, 599 for growth stage requirements. Product of Demach. Part of Target Accelerators first batch. Won QPrize 2014. Clients include BigBasket.
Konotor's top competitors include Capillary Technologies, MoEngage and Exotel.
Konotor has 4 investors. Key investors include Freshworks, Accel, Qualcomm Ventures, and TG Holdings.
The valuation of Konotor is $1.19M as of May 2014.
Konotor operates through Demach Software India Private Limited.
Yes. Konotor was acquired by Freshworks in December 2015.
The legal entities of Konotor currently have 4 directors, including Vignesh Girishankar, Balasubramanyam Deepak, Srikrishnan Ganesan and others.