About Memer
Memer is a company based in Udaipur (India) founded in 2018 by Chandramauli Singh was acquired by ShareChat in April 2020. Memer has raised $222.26 thousand across 1 funding round from investors including ShareChat, Kae Capital and Kalysta Capital. Memer offers products and services including Memer. Memer operates in a competitive market with competitors including Giphy, Tenor, Imgur, MemeChat and Hypno, among others.
- Headquarter Udaipur, India
- Founders Chandramauli Singh
- Stage Minicorn
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Sectors
Media & Entertainment
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Socnet Technologies Private Limited
- Date of Incorporation 06 Apr, 2018
- Jurisdiction Udaipur, Rajasthan, India
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Annual Revenue
$489.17 (USD)258.59as on Mar 31, 2022
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Net Profit
-$16.1 K (USD)-517.6as on Mar 31, 2022
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EBITDA
-$3.75 K (USD)-79.94as on Mar 31, 2022
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Total Equity Funding
$222.26 K (USD)
in 1 rounds
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Latest Funding Round
$222.26 K (USD), Seed
Jun 01, 2018
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Investors
ShareChat
& 2 more
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Employee Count
Not available
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Acquired by
ShareChat
(Apr 27, 2020)
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Products & Services of Memer
Memer offers a comprehensive portfolio of products and services, including Memer.
AI-assisted platform for creating and sharing memes for professionals.
Funding Insights of Memer
Memer has successfully raised a total of $222.26K through 1 strategic funding round. The most recent funding activity was a Seed round of $222.26 thousand completed in June 2018. 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 Memer
Memer has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include ShareChat, Kae Capital and Kalysta Capital.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investing in tech startups in India.
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Early-stage companies are targeted for series-stage venture capital investments.
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Media content is shared on an app-based social network platform.
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Investor details for Memer
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 Memer
Investment portfolio details for Memer
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
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Verified entity values are shown only after access is granted.
Financial Statements - Memer
Detailed financials for Memer
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Memer Comparisons
Peer comparison for Memer
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Memer
Memer 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 Giphy, Tenor, Imgur, MemeChat and Hypno, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online search engine for GIFs and stickers
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Tenor is recognized for providing GIF-based communication tools.
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Images are hosted and shared online for viral communities.
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Meme creation and sharing are facilitated by an online platform.
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GIF motion photo group sharing app
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Operates an online community for sharing GIFs and short videos to engage users globally.
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Detailed competitors of Memer
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Memer
Complete news archive for Memer
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Memer
Memer was founded in 2018.
Memer is headquartered in Udaipur, India. It is registered at Udaipur, Rajasthan, India.
Memer is a funded company, having raised a total of $222.26K across 1 funding round to date.
Annual revenue of Memer is $489.17 as on Mar 31, 2022.
Memer was founded in 2018 in Udaipur, India, as a mobile application focused on meme-related activities in the digital entertainment sector. The app operates exclusively on the Android platform, where memes tied to users colleges or local areas are searched and shared. Editing tools are provided for customization, and new memes are created by users to facilitate community interactions.
Memer offers Memer.
Memer has 3 investors. Key investors include ShareChat, Kae Capital, and Kalysta Capital.
The valuation of Memer is $1.01M as of Jun 2018.