About LocalCircles
LocalCircles is a company based in Noida (India) founded in 2012. LocalCircles has raised $2.39 million across 4 funding rounds from investors including Maharshi Commerce, Universal Trustee and 3bg Advisors & Managers. LocalCircles offers products and services including Community Platform and Invitation System. LocalCircles operates in a competitive market with competitors including Lagan Technologies, Atlas, Savvy Citizen, ActiVote and MicroPact, among others.
- Headquarter Noida, India
- Stage Minicorn
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Sectors
Government & Social Sector
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Phone
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Website
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Social
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- Legal Name Localcircles India Private Limited
- Date of Incorporation 14 Jul, 2012
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$69.35 K (USD)-71.65as on Mar 31, 2023
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Net Profit
-$65.09 K (USD)-190.02as on Mar 31, 2023
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EBITDA
-$58.46 K (USD)-182.04as on Mar 31, 2023
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Total Equity Funding
$2.39 M (USD)
in 4 rounds
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Latest Funding Round
$1.62 M (USD), Seed
Jan 06, 2016
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Investors
Maharshi Commerce
& 13 more
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Employee Count
Not available
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Products & Services of LocalCircles
LocalCircles offers a comprehensive portfolio of products and services, including Community Platform and Invitation System.
Enables users to create and manage local circles for discussions.
Facilitates inviting members via email or links for community building.
People of LocalCircles
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Funding Insights of LocalCircles
LocalCircles has successfully raised a total of $2.39M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.62 million completed in January 2016. 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 LocalCircles
LocalCircles has secured backing from 14 investors, including institutional and angel investors. Prominent investors backing the company include Maharshi Commerce, Universal Trustee and 3bg Advisors & Managers.
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Offers trusteeship services to banks, corporates, NBFCs, and individuals in financial sectors.
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Advisory and management services are provided in Mumbai, India.
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Investor details for LocalCircles
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by LocalCircles
Investment portfolio details for LocalCircles
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- Transaction dates
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Financial Statements - LocalCircles
Detailed financials for LocalCircles
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Localcircles Comparisons
Peer comparison for LocalCircles
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- Named peers
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Competitors of LocalCircles
LocalCircles 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 Lagan Technologies, Atlas, Savvy Citizen, ActiVote and MicroPact, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Citizen relationship management solutions are provided for local governments.
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Atlas is operated as an online community for government leaders.
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A mobile application designed to facilitate civic engagement and community participation.
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Provides nonpartisan app for voter education, official connections, and polling participation.
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Case management software is provided for government organizations.
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Detailed competitors of LocalCircles
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Latest news on Localcircles
Complete news archive for LocalCircles
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Frequently Asked Questions about LocalCircles
LocalCircles was founded in 2012.
LocalCircles is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
LocalCircles is a funded company, having raised a total of $2.39M across 4 funding rounds to date.
Annual revenue of LocalCircles is $69.35K as on Mar 31, 2023.
LocalCircles was founded in 2012 in Noida, India, as a social platform in the community engagement sector. Users are linked with government entities, cities, neighborhoods, interests, and other groups to discuss issues and seek information or assistance. Participation in initiatives is enabled through group memberships to support urban improvements. Access is provided via mobile applications for iOS and Android devices.
LocalCircles's top competitors include Lagan Technologies, Atlas and Fala Cidadão.
LocalCircles offers Community Platform and Invitation System.
LocalCircles has 14 investors. Key investors include Maharshi Commerce, Universal Trustee, 3bg Advisors & Managers, Sanjeev Bedekar, and Anand Gopal Mahindra.
The valuation of LocalCircles is $15.77M as of Jan 2016.