About Megdap
Megdap is a company based in Pune (India) founded in 2013. Megdap has raised $373.86 thousand across 4 funding rounds from investors including Neil Powell, Natraj Akella and Shubrendu Khoche. Megdap offers products and services including Translation Service, Sub Titling, Content Extraction, Content Moderation, and Sentiment Analysis. Megdap operates in a competitive market with competitors including Welocalize, RWS Group, KeyPoint Technologies, Lokalise and Bering Lab, among others.
- Headquarter Pune, India
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Megdap Innovation Labs Private Limited
- Date of Incorporation 09 Jul, 2013
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$631.1 K (USD)284.6as on Mar 31, 2023
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Net Profit
-$72.21 K (USD)65.85as on Mar 31, 2023
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EBITDA
$75.31 K (USD)141.75as on Mar 31, 2023
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Total Equity Funding
$373.86 K (USD)
in 4 rounds
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Latest Funding Round
$80.33 K (USD), Angel Round
Apr 20, 2020
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Investors
& 15 more
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Employee Count
Not available
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Products & Services of Megdap
Megdap offers a comprehensive portfolio of products and services, including Translation Service, Sub Titling, Content Extraction, Content Moderation, and Sentiment Analysis.
Provides AI and human-assisted content translation for accuracy.
Offers subtitling solutions for videos and OTT platforms.
Extracts and manages content from various sources efficiently.
Moderates content to ensure compliance and appropriateness.
Analyzes text sentiment for business intelligence purposes.
Funding Insights of Megdap
Megdap has successfully raised a total of $373.86K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $80.33 thousand completed in April 2020. 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 Megdap
Megdap has secured backing from 16 investors, including angel investors. Prominent investors backing the company include Neil Powell, Natraj Akella and Shubrendu Khoche.
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Neil Powell |
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Natraj Akella |
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Shubrendu Khoche |
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Investor details for Megdap
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Megdap
Investment portfolio details for Megdap
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Financial Statements - Megdap
Detailed financials for Megdap
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- Historical revenue
- Profit trends
- Statement rows
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Megdap Comparisons
Peer comparison for Megdap
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- Named peers
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Competitors of Megdap
Megdap 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 Welocalize, RWS Group, KeyPoint Technologies, Lokalise and Bering Lab, among others.
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Content distribution and localization services are provided to enterprises worldwide.
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Translation, intellectual property, and language support services are provided.
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AI-powered language technologies and IT solutions are provided.
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Language localization services are provided for mobile apps and websites.
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Legal document translation services are provided by Bering Lab.
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Language localisation services provider
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Detailed competitors of Megdap
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- Full company profiles
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Latest news on Megdap
Complete news archive for Megdap
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Frequently Asked Questions about Megdap
Megdap was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Megdap is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Megdap is a funded company, having raised a total of $373.86K across 4 funding rounds to date.
Annual revenue of Megdap is $631.1K as on Mar 31, 2023.
Megdap was founded in 2013 and is based in Pune, India. Operations focus on the AI and machine learning sector, where data is gathered and annotated for training models in areas such as speech recognition, machine translation, content moderation, and subtitling. Domain-specific datasets are created and acquired to meet various AI development requirements.
Megdap's top competitors include Welocalize, KeyPoint Technologies and RWS Group.
Megdap offers Translation Service, Sub Titling, Content Extraction, Content Moderation, and Sentiment Analysis.
Megdap has 16 investors. Key investors include Neil Powell, Natraj Akella, Shubrendu Khoche, Mandar Naik, and Ramesh Gopalakrishnan.
The valuation of Megdap is $13.17M as of Apr 2020.