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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People of Melzo
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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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Investors in Melzo
Melzo has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include WhatsApp and Invest India.
| 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 |
Investments & Acquisitions by Melzo
Financial Statements - Melzo
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.
| 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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Latest news on Melzo
Frequently Asked Questions about Melzo
Melzo was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Melzo is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
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.
As of Apr 09, 2024, the latest employee count at Melzo is 14.
Annual revenue of Melzo is $303.58K as on Mar 31, 2023.
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.
Melzo has 2 investors. Key investors include WhatsApp, and Invest India.