About PaperToStone
PaperToStone is a Business Services company based in Bengaluru (India) founded in 2015. Online marketplace for architects, designers and contractors. It operates in the Business Services, Real Estate & Construction, and Consumer sectors. PaperToStone has raised $1.21 million across 3 funding rounds from investors including Tracxn Labs, Click Labs and Powai Lake Ventures. The company has 13 employees. PaperToStone was last valued at $3.74 million in March 2017. Its focus areas include Local Services, Home Services, Home Improvements and Multi-Services. Its legal entity in India is Novicle Technologies Private Limited (U72200KA2014PTC076132). Its competitors include Kolo App, Homergize and Garden of Joy; 3 of its 3 listed competitors have raised funding.
Company details
PaperToStone is an online marketplace to hire architects, interior designers, residential and commercial construction contractors. Lets the user give in details of the requirement, the user receives a call back from PapertoStone and is connected with the professional. Also publishes content about building construction, lets the user browse through designs. Pivoted from Qyk, a local service marketplace to home improvements vertical in Jan 2016. Had raised 1M from Tracxn labs and GrowX Ventures for Qyk App.
- Headquarters Bengaluru, India
- Employees 13
- Stage Minicorn
- SectorsBusiness ServicesReal Estate & Construction Consumer
- Email••••••••
- Phone•••• ••••
- Website papertostone.com
- Social LinkedIn X Facebook
- Legal Name Novicle Technologies Private Limited
- Date of Incorporation 01 Sep, 2014
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1,630
FY 2019 · -100% YoY
- Net Loss-₹1 Lakh
FY 2019 · -6426% margin
- EBITDA-₹81,891
FY 2019 · -5022% margin
- Total Equity Funding$1.21M (USD)
in 3 rounds
- Latest Funding Round$89.96K (USD), Seed
Mar 2017
- InvestorsTracxn Labs
& 53 more
- Employee Count13
Associated legal entities of PaperToStone
PaperToStone operates through Novicle Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Novicle Technologies Private Limited CIN U72200KA2014PTC076132 | Strike Off | 01 Sep 2014 | Bangalore, Karnataka | ₹0.0 Cr | 13 | 4 | View details |
Funding Insights of PaperToStone
PaperToStone has successfully raised a total of $1.21M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $89.96 thousand completed in March 2017. 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 $1.21M
- Total Rounds 3
- Last Round Seed — $89,962
- First Round $124,648
(Mar 2015)
- Investors Count 54
All 3 funding rounds of PaperToStone 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 |
|---|---|---|---|---|---|
| Mar 2017 | $89,962 | Seed | $3.74M | Growx, Tracxn Labs | |
| Aug 2015 | $1M | Seed | $3.42M | Growx | |
| Mar 2015 | $124,648 | Angel Round | $••••• | Himani Agrawal, Brij Bhushan |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2017 | $3.74M | •••••••• |
| Aug 2015 | $3.42M | •••••••• |
| Mar 2015 | $••••• | •••••••• |
Full valuation and stage history of PaperToStone
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $3.74M (Mar 2017). 54 investors in total: 5 institutional and 49 angel.
Investors in PaperToStone
PaperToStone has secured backing from 54 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Tracxn Labs, Click Labs and Powai Lake Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are made in B2B and deep-tech startups. | growx.vc | Delhi, India | ||
Early-stage investment and support for technology companies. | 2013 | tracxnlabs.com | Bengaluru, India | |
Investment-focused NBFC managing equity, debt, and private equity portfolios. | acsysindia.com | Chennai, India | ||
Mobile applications are developed by Click Labs as a studio. | 2011 | click-labs.com | Chandigarh, India | |
Startups are funded by Powai Lake Ventures in technology, food, energy, and real estate sectors. | 2012 | powailakeventures.com | Mumbai, India | |
LK Lalit Kumar | Angel investor and entrepreneur, co-founder of GreenSoul Ergonomics, focused on Indian startups | unknown_f1f8c3606f5f483d9 | ||
VD Vaibhav Domkundwar | Founder of Better Capital, angel investor, ex-entrepreneur in tech and gaming. | unknown_94aac1eac7484a538 | ||
AP Ajith Pai | Angel investor, ex-entrepreneur, focused on Indian startups in tech and consumer sectors. | unknown_34fbe78c40d24cc9a | ||
SM Shweta Mishra | unknown_3aa8c1b5f8f942269 | |||
RS Rishi Srivastava | Angel investor and entrepreneur, focused on tech startups in India. | unknown_48e22305336f4c8f9 |
Investor details for PaperToStone
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Novicle Technologies Private Limited (PaperToStone)
Novicle Technologies Private Limited is the primary company behind PaperToStone. The board of Novicle Technologies Private Limited currently have 4 directors; the longest-serving is Deepak Singhal, appointed in 2014.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepak Singhal DIN 06570761 | Director | 01 Sep 2014 | 12 yrs 2 mo | Novicle Technologies Private Limited |
| Sangharsh Boudhh DIN 06951411 | Director | 01 Sep 2014 | 12 yrs 2 mo | Novicle Technologies Private Limited |
| Shobhit Singhal DIN 03127837 | Director | 01 Sep 2014 | 12 yrs 2 mo | Novicle Technologies Private Limited |
| Anubhav Sahoo DIN 07048683 | Additional Director | 22 Dec 2014 | 11 yrs 10 mo | Novicle Technologies Private Limited |
Financials of PaperToStone
Figures of Novicle Technologies Private Limited, the primary company behind PaperToStone, for FY 2019. Revenue was ₹1,630 (-100% year on year). Net loss was -₹1 Lakh (-6426% margin). EBITDA was -₹81,891 (-5022% margin). Revenue has grown at a compounded annual rate of -88% over three years.
- ₹1,630Revenue · FY 2019 · -100% YoY
- -₹1 LakhNet loss · -6426% margin
- -₹81,891EBITDA · -5022% margin
- ₹1.6 LakhPaid-up capital
- 13Employees (provident fund records)
- -88%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Novicle Technologies Private Limited are on its company page.
Detailed financial statements for PaperToStone
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of PaperToStone
4 dated milestones of PaperToStone across 2 years, from founding to its latest funding, stage changes and deals.
- Founded PaperToStone is founded.
- Funding First funding round of $125K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $90K.
Competitors of PaperToStone
PaperToStone has 3 listed competitors in our database, 3 of them funded. They include Kolo App, Homergize and Garden of Joy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| koloapp.in | 2020 | Ernakulam, India | $4.55M | Home improvement services are booked via an app-based marketplace. | ||
| homergize.com | 2015 | Bengaluru, India | $1.58M | An online marketplace for home improvement services is provided. | ||
| gardenofjoy.in | 2022 | Bengaluru, India | $100,760 | Landscaping and roofing contractor services are offered in Bengaluru. |
Detailed competitors of PaperToStone
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Local & Community Services
3 companies that operate in the same segment as PaperToStone (Local & Community Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Customers are connected with vetted professionals for on-demand home services. | 2014 | Gurugram, Haryana, India | USD 376.49 M | USD 165.84 M | 2,111 | |
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 |
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Related news about Papertostone
Complete news archive for PaperToStone
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Frequently Asked Questions about PaperToStone
PaperToStone was founded in 2015.
PaperToStone is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
PaperToStone is a funded company, having raised a total of $1.21M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $124.65K, raised on Mar 2015.
PaperToStone has 13 employees.
The primary company behind PaperToStone, Novicle Technologies Private Limited, reported revenue of ₹1,630 for FY 2019, down 100% year on year.
PaperToStone is an online marketplace to hire architects, interior designers, residential and commercial construction contractors. Lets the user give in details of the requirement, the user receives a call back from PapertoStone and is connected with the professional. Also publishes content about building construction, lets the user browse through designs. Pivoted from Qyk, a local service marketplace to home improvements vertical in Jan 2016. Had raised 1M from Tracxn labs and GrowX Ventures for Qyk App.
PaperToStone's top competitors include Kolo App, Homergize and Garden of Joy.
PaperToStone has 54 investors. Key investors include Tracxn Labs, Click Labs, Powai Lake Ventures, Acsys Investments, and Lalit Kumar.
The valuation of PaperToStone is $3.74M as of Mar 2017.
PaperToStone operates through Novicle Technologies Private Limited.
The legal entities of PaperToStone currently have 4 directors, including Deepak Singhal, Anubhav Sahoo, Sangharsh Boudhh and others.