About Melzo
Melzo is a company based in Surat (India) founded in 2016.. Melzo has raised $50.2 thousand across 1 funding round from investors including WhatsApp and Invest India. The company has 14 employees as of April 09, 2024. Melzo operates in a competitive market with competitors including Osmo, PlayShifu, zSpace, Inspirit and Prisms of Reality, among others.
- Headquarter Surat, India
- Employees 14 as on 09 Apr, 2024
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Sectors
TechnologyEducation
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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 Shilpmis Technologies Private Limited
- Date of Incorporation 01 Mar, 2017
- Jurisdiction Surat, Gujarat, India
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Annual Revenue
$303.58 K (USD)11.95as on Mar 31, 2023
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Net Profit
$-9.86 K (USD)-285.2as on Mar 31, 2023
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EBITDA
$-20.4 K (USD)-88.58as on Mar 31, 2023
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Total Equity Funding
$50.2 K (USD)
in 1 rounds
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Latest Funding Round
$50.2 K (USD), Seed
Jun 20, 2019
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Investors
WhatsApp
& 1 more
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Employee Count
14
as on Apr 09, 2024
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Funding Insights of Melzo
Melzo has successfully raised a total of $50.2K through 1 strategic funding round. The most recent funding activity was a Seed round of $50.2 thousand completed in June 2019. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $50,199
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First Round
First Round
(20 Jun 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Seed - Melzo | Valuation | WhatsApp , Invest India |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Melzo
Melzo has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include WhatsApp and Invest India. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Secure private messaging and multimedia sharing are facilitated worldwide.
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Founded Year | Domain | Location | |
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Provider of investment promotion and facilitation services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Melzo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Melzo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Melzo Comparisons
Competitors of Melzo
Melzo 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 Osmo, PlayShifu, zSpace, Inspirit and Prisms of Reality, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hardware-based iPad games for children are developed.
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| domain | founded_year | HQ Location |
Interactive STEM kits are provided for children's learning.
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| domain | founded_year | HQ Location |
AR/VR headsets and educational content are supplied for immersive learning.
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| domain | founded_year | HQ Location |
Virtual labs and simulations for science education are provided.
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| domain | founded_year | HQ Location |
Provider of an education platform that utilizes virtual reality to teach core math and science concepts
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| domain | founded_year | HQ Location |
Platform offering toys to boost children's brain development and creativity
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Melzo
When was Melzo founded?
Melzo was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Melzo located?
Melzo is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Is Melzo a funded company?
Melzo is a funded company, having raised a total of $50.2K across 1 funding round to date. The company's 1st funding round was a Seed of $50.2K, raised on Jun 20, 2019.
How many employees does Melzo have?
As of Apr 09, 2024, the latest employee count at Melzo is 14.
What is the annual revenue of Melzo?
Annual revenue of Melzo is $303.58K as on Mar 31, 2023.
What does Melzo do?
Melzo was founded in 2016 in Surat, India, as a cloud-based platform in the virtual reality sector. Interactive and immersive web experiences are created, discovered, and shared by users across app stores. A drag-and-drop tool is offered for VR experience development, eliminating the need for coding, exporting, or fragmentation. An AI-powered conversational bot is also provided, facilitating communication via video and audio.
Who are Melzo's investors?
Melzo has 2 investors. Key investors include WhatsApp, and Invest India.