Opentalk

Singapore, Singapore Founded: 2017 • Age: 9 yrs
Voice-based personal social network platform

About Opentalk

Opentalk is an Education company based in Singapore (Singapore) founded in 2017. Voice-based personal social network platform. Its Indian entity Spanningtree Software Technologies Private Limited reported revenue of β‚Ή1.32 Cr. Its focus areas include EdTech, Continued Learning, Vocational and Language Learning.

Company details

Opentalk was founded in 2017 in Singapore as a voice-based personal social network platform. Conversation partners are recommended through profile and interest matching, covering areas such as new places, hobbies, relationships, language learning, careers, and general discussion. Interactions with strangers are initiated via the platform, which is accessible on the Google Play Store. Operations focus on facilitating targeted audio connections within the social networking sector.

Key Metrics
  • Indian entity revenue
    ₹1.32 Cr

    FY 2019

  • Indian entity net profit
    ₹10.9 Lakh

    FY 2019 · 8% margin

  • Indian entity EBITDA
    ₹13.3 Lakh

    FY 2019 · 10% margin

  • Investors

Funding Insights of Opentalk

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Opentalk with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2017Seed–Blume Ventures
–
Valuation history

1 investors in total: 1 institutional.

Investors in Opentalk

Opentalk has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Blume Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Seed and early-stage investments are made across sectors in India.
blume.vcMumbai, India
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Investor details for Opentalk

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 Spanningtree Software Technologies Private Limited (Opentalk)

Spanningtree Software Technologies Private Limited is the primary company behind Opentalk. The board of Spanningtree Software Technologies Private Limited currently have 2 directors; the longest-serving is Ashwani Jain, appointed in 2017. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Ashwani Jain
DIN 05235510
Director29 Dec 20178 yrs 10 moSpanningtree Software Technologies Private Limited
Sumit Jain
DIN 02122751
Director10 Aug 20224 yrs 2 moSpanningtree Software Technologies Private Limited

Financials of Opentalk

Figures of Spanningtree Software Technologies Private Limited, the primary company behind Opentalk, for FY 2019. Revenue was ₹1.32 Cr. Net profit was ₹10.9 Lakh (8% margin). EBITDA was ₹13.3 Lakh (10% margin).

  • ₹1.32 CrRevenue · FY 2019
  • ₹10.9 LakhNet profit · 8% margin
  • ₹13.3 LakhEBITDA · 10% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Spanningtree Software Technologies Private Limited are on its company page.

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Detailed financial statements for Opentalk

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 Opentalk

2 dated milestones of Opentalk, from founding to its latest funding, stage changes and deals.

  1. Founded Opentalk is founded.
  2. Funding First funding round.
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Frequently Asked Questions about Opentalk

Opentalk was founded in 2017.

Opentalk is headquartered in Singapore, Singapore.

The primary company behind Opentalk, Spanningtree Software Technologies Private Limited, reported revenue of β‚Ή1.32 Cr for FY 2019.

Opentalk was founded in 2017 in Singapore as a voice-based personal social network platform. Conversation partners are recommended through profile and interest matching, covering areas such as new places, hobbies, relationships, language learning, careers, and general discussion. Interactions with strangers are initiated via the platform, which is accessible on the Google Play Store. Operations focus on facilitating targeted audio connections within the social networking sector.

Opentalk has 1 investor. Key investors include Blume Ventures.

Opentalk operates through Spanningtree Software Technologies Private Limited.

The legal entities of Opentalk currently have 2 directors, including Sumit Jain, Ashwani Jain.

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