About Paper Boat Apps
Paper Boat Apps is a company based in Mumbai (India) founded in 2013 by Anupam Dhanuka and Anshu Dhanuka was acquired by Nazara in October 2019. Paper Boat Apps has raised $1.41 million across 1 funding round from investors including Nazara. The company has 70 employees as of March 23, 2024. Paper Boat Apps operates in a competitive market with competitors including Lingokids, TinyTap, Age of Learning, Pandai and Jeel, among others.
- Headquarter Mumbai, India
- Employees 70 as on 23 Mar, 2024
- Founders Anupam Dhanuka, Anshu Dhanuka
- Stage Minicorn
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Sectors
Education
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Email
Locked
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Phone
Locked
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Website
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- Legal Name Paper Boat Apps Private Limited
- Date of Incorporation 08 Aug, 2013
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$26.99 M (USD)7.6as on Mar 31, 2023
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Net Profit
$3.69 M (USD)-28.28as on Mar 31, 2023
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EBITDA
$4.41 M (USD)-29.58as on Mar 31, 2023
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Total Equity Funding
$1.41 M (USD)
in 1 rounds
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Latest Funding Round
$1.41 M (USD), Seed
Nov 07, 2019
- Investors
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Employee Count
70
as on Mar 23, 2024
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Acquired by
Nazara
(Oct 16, 2019)
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Funding Insights of Paper Boat Apps
Paper Boat Apps has successfully raised a total of $1.41M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.41 million completed in November 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.
Investors in Paper Boat Apps
Paper Boat Apps has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nazara.
| Investor | Description | Founded Year | Domain | Location |
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Diversified gaming and sports media platforms are operated and developed.
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Investor details for Paper Boat Apps
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Investments & Acquisitions by Paper Boat Apps
Investment portfolio details for Paper Boat Apps
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Financial Statements - Paper Boat Apps
Detailed financials for Paper Boat Apps
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Paper Boat Apps Comparisons
Peer comparison for Paper Boat Apps
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Competitors of Paper Boat Apps
Paper Boat Apps 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 Lingokids, TinyTap, Age of Learning, Pandai and Jeel, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Activity-driven English learning for kids is provided via mobile app.
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SaaS and app-based platform offering activity-based learning solutions for school students
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Pre-K through 5th grade learning resources are provided.
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SaaS-based platform providing learning applications for school students
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App-based platform offering activity-based learning solutions for kids
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Educational mobile games for children's learning are developed.
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Detailed competitors of Paper Boat Apps
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Latest news on Paper Boat Apps
Complete news archive for Paper Boat Apps
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Frequently Asked Questions about Paper Boat Apps
Paper Boat Apps was founded in 2013 and raised its 1st funding round 6 years after it was founded.
Paper Boat Apps is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Anupam Dhanuka is the current CEO of Paper Boat Apps. They have also founded this company.
Paper Boat Apps is a funded company, having raised a total of $1.41M across 1 funding round to date.
As of Mar 23, 2024, the latest employee count at Paper Boat Apps is 70.
Annual revenue of Paper Boat Apps is $26.99M as on Mar 31, 2023.
Paper Boat Apps was founded in 2013 in Mumbai, India, within the edtech sector. An app-based platform is maintained, featuring research-backed games that integrate play with preschool curriculum elements including Math, Language, Creativity, Self-expression, and Roleplaying. Skill-building activities are emphasized for young learners. Accessibility is ensured on both Android and iOS devices across operations.
Paper Boat Apps has 1 investor. Key investors include Nazara.
The valuation of Paper Boat Apps is $23.13M as of Nov 2019.