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. Melzo operates in a competitive market with competitors including Osmo, PlayShifu, zSpace, Inspirit and Prisms of Reality, among others.
- Headquarter Surat, India
- Employees 14
- SectorsTechnologyEducation
- Email••••••••
- Phone•••• ••••
- Website melzo.com
- Social LinkedIn X Facebook
- Legal Name Shilpmis Technologies Private Limited
- Date of Incorporation 01 Mar, 2017
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹1.24 Cr
FY 2024 · -51% YoY
- Net Profit₹9.2 Lakh
FY 2024 · 7% margin
- EBITDA₹19.6 Lakh
FY 2024 · 16% margin
- Total Equity Funding$50.2K (USD)
in 1 rounds
- Latest Funding Round$50.2K (USD), Seed
Jun 2019
- InvestorsWhatsApp
& 1 more
- Employee Count14
Associated legal entities of Melzo
Melzo is associated with 2 registered companies on The Company Check; the primary company is Shilpmis Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shilpmis Technologies Private Limited CIN U72900GJ2017PTC096029 | Active | 01 Mar 2017 | Surat, Gujarat | ₹1.2 Cr | 14 | 2 | View details |
| Shilp Maitri Innovative Solutions Llp CIN AAF-7534 | Active | 22 Feb 2016 | Surat, Gujarat | ₹0.0 Cr | – | 2 | View details |
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 $50,199
- Total Rounds 1
- Last Round Seed — $50,199
- First Round $50,199
(Jun 2019)
- Investors Count 2
All 1 funding rounds of Melzo 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 |
|---|---|---|---|---|---|
| Jun 2019 | $50,199 | Seed | – | WhatsApp, Invest India | – |
2 investors in total: 2 institutional.
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 |
|---|---|---|---|---|
Secure private messaging and multimedia sharing are facilitated worldwide. | 2009 | whatsapp.com | Menlo Park, United States | |
Provider of investment promotion and facilitation services | 2009 | investindia.gov.in | Delhi, India |
Investor details for Melzo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Shilpmis Technologies Private Limited (Melzo)
Shilpmis Technologies Private Limited is the primary company behind Melzo. The boards of the 2 registered companies of Melzo currently have 2 directors; the longest-serving is Hardik Parimal Desai, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hardik Parimal Desai DIN 07416004 | Designated Partner | 22 Feb 2016 | 10 yrs 7 mo | Shilp Maitri Innovative Solutions Llp, Shilpmis Technologies Private Limited |
| Parimal Gunvantrai Desai DIN 07057389 | Designated Partner | 22 Feb 2016 | 10 yrs 7 mo | Shilp Maitri Innovative Solutions Llp, Shilpmis Technologies Private Limited |
People of Melzo
10 people are tracked at Melzo (4 in leadership, 1 in board & advisors, 5 in team); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
Gayatri Virwal | Operation Head | Leadership |
| Founder & CEO | Leadership | |
Hamish Finlayson | Business Partner | Leadership |
Somnath Chaudhari | Head Of Sales | Leadership |
Ritesh Mehta | Advisor | Board & advisors |
Bhavik Mehta | Senior Software Developer | Team |
Shreya Patel | Intern | Team |
jakkani sagar | Full Stack Developer | Team |
pragnesh mali | Technical Support Manager | Team |
Victor Jovany | Marketing Strategist | Team |
Complete people profiles for Melzo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Melzo
Figures of Shilpmis Technologies Private Limited, the primary company behind Melzo, for FY 2024. Revenue was ₹1.24 Cr (-51% year on year). Net profit was ₹9.2 Lakh (7% margin). EBITDA was ₹19.6 Lakh (16% margin). Revenue has grown at a compounded annual rate of -15% over three years and +12% over five years.
- ₹1.24 CrRevenue · FY 2024 · -51% YoY
- ₹9.2 LakhNet profit · 7% margin
- ₹19.6 LakhEBITDA · 16% margin
- ₹12.5 LakhPaid-up capital
- 14Employees (provident fund records)
- -15%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Shilpmis Technologies Private Limited are on its company page.
Detailed financial statements for Melzo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Melzo
2 dated milestones of Melzo across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Melzo is founded.
- Funding First funding round of $50K.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| playosmo.com | 2013 | Palo Alto, United States | $36M | 112 | Hardware-based iPad games for children are developed. | |
| playshifu.com | 2016 | Bengaluru, India | $35.81M | 142 | Interactive STEM kits are provided for children's learning. | |
| zspace.com | 2007 | San Jose, United States | $79.06M | 69 | AR/VR headsets and educational content are supplied for immersive learning. | |
| inspiritvr.com | 2017 | Palo Alto, United States | $3.9M | 8 | Virtual labs and simulations for science education are provided. | |
| prismsvr.com | 2019 | Brooklyn, United States | $16.75M | – | Provider of an education platform that utilizes virtual reality to teach core math and science concepts | |
| smartivity.in | 2015 | Delhi, India | $5.88M | 49 | Platform offering toys to boost children's brain development and creativity | |
| dreamscapelearn.com | 2019 | Culver, United States | $20M | – | Online platform offering VR-based learning solutions for students | |
| practically.com | 2018 | Hyderabad, India | $23.98M | 50 | Developer of an experiential self-learning application for students | |
| inceptionxr.com | 2016 | London, United Kingdom | $15M | – | VR content distribution platform and AR educational solutions are developed. |
Detailed competitors of Melzo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Melzo
The website of Melzo (melzo.com) receives about 1.6K visits a month.
- Monthly visits1.6K
Latest news on Melzo
Complete news archive for Melzo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Melzo
10 companies that operate in the same segment as Melzo (Augmented & Virtual Reality Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Augmented reality mobile games are designed and developed. | 2011 | San Francisco, California, United States | USD 772.84 M | USD 166.77 K | – | |
Interactive STEM kits are provided for children's learning. | 2016 | Bengaluru, Karnataka, India | USD 35.81 M | USD 2.23 M | 138 | |
Hardware-based iPad games for children are developed. | 2013 | Palo Alto, California, United States | USD 36 M | – | 112 | |
Provider of AI and AR-based virtual makeup application solutions | 2014 | Taipei, Taiwan | USD 75 M | USD 69.15 M | 342 | |
Cloud-based augmented reality software is provided for construction professionals. | 2017 | London, England, United Kingdom | USD 34.49 M | USD 5.87 M | 77 | |
Provider of wearable heads-up display for industrial workers | 2016 | Vancouver, Washington, United States | USD 145.48 M | USD 1.11 M | 19 | |
Virtual reality headsets are provided for immersive professional applications. | 2016 | Helsinki, Finland | USD 149.39 M | – | – | |
Virtual world games are facilitated through an NFT-based platform. | 2017 | Buenos Aires, Argentina | USD 25 M | – | – | |
AR-based content management software is offered for 3D product experiences. | 2018 | Toronto, Ontario, Canada | USD 2.1 M | USD 1.53 M | – | |
VR-based home therapy systems are developed for symptom treatment. | 2016 | Brookline, Massachusetts, United States | USD 29 M | – | – |
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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 2019.
Melzo has 14 employees.
The primary company behind Melzo, Shilpmis Technologies Private Limited, reported revenue of ₹1.24 Cr for FY 2024, down 51% year on year.
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.
Melzo is associated with 2 legal entities: Shilpmis Technologies Private Limited, Shilp Maitri Innovative Solutions Llp.
The legal entities of Melzo currently have 2 directors, including Hardik Parimal Desai, Parimal Gunvantrai Desai.