About Plustxt
Plustxt is a company based in Bengaluru (India) founded in 2012 was acquired by One97 Communications in August 2013.. Plustxt operates in a competitive market with competitors including Chai Research, Rocket.Chat, Chatie, iMe Messenger and GG Communicator, among others.
- Headquarter Bengaluru, India
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Sectors
TelecommunicationsMedia & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Plustext Mobile Solutions Private Limited
- Date of Incorporation 07 May, 2012
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
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Net Profit
$-22.15 K (USD)0as on Mar 31, 2013
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EBITDA
$-22.02 K (USD)0as on Mar 31, 2013
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Latest Funding Round
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Investors
Mumbai Angels
& 2 more
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Employee Count
Employee Count
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Acquired by
One97 Communications
(Aug 08, 2013)
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Funding Insights of Plustxt
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2013 | Amount | Angel Round - Plustxt | Valuation | Mumbai Angels , Amit Gupta |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Plustxt
Plustxt has secured backing from 3 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Mumbai Angels, One97 Communications and Amit Gupta. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Founded Year | Domain | Location | |
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Wallet-based payment solutions are provided for consumers and businesses.
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Founded Year | Domain | Location | |
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AG
Amit Gupta |
Founder of Asianet News, active angel investor in Indian startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Plustxt
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Plustxt
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Plustxt Comparisons
Competitors of Plustxt
Plustxt 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 Chai Research, Rocket.Chat, Chatie, iMe Messenger and GG Communicator, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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| domain | founded_year | HQ Location |
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Cloud-based unified communications and collaboration platform is provided.
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Communication app solutions for chatting and stories are provided.
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An AI-powered messaging platform with crypto wallet features is provided.
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Mobile messaging application is provided for multiple platforms.
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Provides AI-powered chat platform for virtual companionship and desire support.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Plustxt
When was Plustxt founded?
Plustxt was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Plustxt located?
Plustxt is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
What does Plustxt do?
Plustxt is a text messaging application optimized for India languages. The application offers Indic word predictions based on the letter the user types. It also enables users to send and receive text messages and replaces their default SMS application with Plustxt. It provides full control to the sender over the text heshe sends by allowing the sender to decide whether the recipient cancant copy or forward the text to others. Supported languages include Hindi, Tamil, Marathi, Punjabi, Malayalam, and Gujarati. It is compatible with Android and iOS devices. In 2013, it had a registered user base of 2.5 lakh and was acquired by One97 Communications for approximately 2 million in the same year.
Who are the top competitors of Plustxt?
Plustxt's top competitors include Chai Research, Rocket.Chat and iMe Messenger.
Who are Plustxt's investors?
Plustxt has 3 investors. Key investors include Mumbai Angels, One97 Communications, and Amit Gupta.
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