About MetaRain
MetaRain is a company based in Bengaluru (India) founded in 2014 by Faizan Aziz and Anirudh Coontoor was acquired by Medlife in May 2019. MetaRain has raised $1.84 million across 1 funding round from investors including Times Internet, Medlife and Dream Incubator. The company has 2 employees as of April 09, 2024. MetaRain operates in a competitive market with competitors including Meitu, Snapchat, Snap, Instagram and Flickr, among others.
- Headquarter Bengaluru, India
- Employees 2 as on 09 Apr, 2024
- Founders Faizan Aziz, Anirudh Coontoor
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Sectors
Media & Entertainment
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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 Metarain Distributors Private Limited
- Date of Incorporation 27 Aug, 2014
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$972.54 K (USD)-60.99as on Mar 31, 2022
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Net Profit
-$1.55 M (USD)90.25as on Mar 31, 2022
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EBITDA
-$796.64 K (USD)-6.3as on Mar 31, 2022
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Total Equity Funding
$1.84 M (USD)
in 1 rounds
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Latest Funding Round
$1.84 M (USD), Seed
Apr 02, 2018
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Investors
Times Internet
& 3 more
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Employee Count
2
as on Apr 09, 2024
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Acquired by
Medlife
(May 06, 2019)
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Funding Insights of MetaRain
MetaRain has successfully raised a total of $1.84M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.84 million completed in April 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.8M
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First Round
First Round
(02 Apr 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Seed - MetaRain | Valuation | Dream Incubator |
Investors in MetaRain
MetaRain has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Times Internet, Medlife and Dream Incubator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Dream Incubator is engaged in strategic consulting and business incubation.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Provider of digital content, advertising solutions, and technology services
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Founded Year | Domain | Location |
Investments & Acquisitions by MetaRain
Financial Statements - MetaRain
Metarain Comparisons
Competitors of MetaRain
MetaRain 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 Meitu, Snapchat, Snap, Instagram and Flickr, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Photo editing and sharing apps are developed by Meitu.
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| domain | founded_year | HQ Location |
Multimedia messaging application for ephemeral photos and videos is provided.
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| domain | founded_year | HQ Location |
Communication and media sharing are enabled via an online platform.
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| domain | founded_year | HQ Location |
Social platform for photo and video sharing
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| domain | founded_year | HQ Location |
Online photo sharing platform
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| domain | founded_year | HQ Location |
Photos are shared, discovered, and sold on a community platform.
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Latest news on Metarain
Frequently Asked Questions about MetaRain
MetaRain was founded in 2014 and raised its 1st funding round 4 years after it was founded.
MetaRain is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
MetaRain is a funded company, having raised a total of $1.84M across 1 funding round to date. The company's 1st funding round was a Seed of $1.84M, raised on Apr 02, 2018.
As of Apr 09, 2024, the latest employee count at MetaRain is 2.
Annual revenue of MetaRain is $972.54K as on Mar 31, 2022.
MetaRain was founded in 2014 in Bengaluru, India, as a mobile app studio. Focus is placed on developing photo sharing and discovery applications. The portfolio features Pixter for photo sharing and Colorbay for photo discovery. These apps are made available for download on the App Store. Operations center on the mobile app sector within the technology industry.
MetaRain has 4 investors. Key investors include Times Internet, Medlife, Dream Incubator, and Z47.