About PoshVine
PoshVine is a company based in Bengaluru (India) founded in 2011 by Rafi Ali Khan and Garima Satija was acquired by Razorpay in September 2022.. PoshVine has raised $45.98 thousand across 1 funding round from investors including Razorpay and MyFirstCheque. The company has 53 employees as of April 07, 2024. PoshVine operates in a competitive market with competitors including Thanx, Influitive, Merryfield, 360insights and AppCard, among others.
- Headquarter Bengaluru, India
- Employees 53 as on 07 Apr, 2024
- Founders Rafi Ali Khan, Garima Satija
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Viverati Interactive Marketing Private Limited
- Date of Incorporation 07 Apr, 2011
- Jurisdiction Bengaluru, Karnataka, India
-
Annual Revenue
$1.94 M (USD)111.27as on Mar 31, 2023
-
Net Profit
$-194.43 K (USD)-595.85as on Mar 31, 2023
-
EBITDA
$-277.94 K (USD)-592.99as on Mar 31, 2023
-
Total Equity Funding
$45.98 K (USD)
in 1 rounds
-
Latest Funding Round
$45.98 K (USD), Seed
May 16, 2012
-
Investors
Razorpay
& 1 more
-
Employee Count
53
as on Apr 07, 2024
-
Acquired by
Razorpay
(Sep 06, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Funding Insights of PoshVine
PoshVine has successfully raised a total of $45.98K through 1 strategic funding round. The most recent funding activity was a Seed round of $45.98 thousand completed in May 2012. 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 — $45,976
-
First Round
First Round
(16 May 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2012 | Amount | Seed - PoshVine | Valuation | MyFirstCheque |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PoshVine
PoshVine has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Razorpay and MyFirstCheque. 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 |
|---|---|---|---|---|
|
Tech focused seed stage micro VC firm investing in India
|
Founded Year | Domain | Location | |
|
Payment and business banking solutions are provided for enterprises.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by PoshVine
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - PoshVine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Poshvine Comparisons
Competitors of PoshVine
PoshVine 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 Thanx, Influitive, Merryfield, 360insights and AppCard, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Loyalty management solutions are provided for offline retail stores.
|
|
| domain | founded_year | HQ Location |
Advocate marketing software is provided for B2B technology firms.
|
|
| domain | founded_year | HQ Location |
Loyalty program services are provided to businesses by Merryfield.
|
|
| domain | founded_year | HQ Location |
SaaS platform for channel loyalty and incentive management is provided.
|
|
| domain | founded_year | HQ Location |
Loyalty program platform
|
|
| domain | founded_year | HQ Location |
Platform offering loyalty solutions for offline businesses
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Poshvine
Frequently Asked Questions about PoshVine
When was PoshVine founded?
PoshVine was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is PoshVine located?
PoshVine is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of PoshVine?
Harshil Mathur is the current CEO of PoshVine.
Is PoshVine a funded company?
PoshVine is a funded company, having raised a total of $45.98K across 1 funding round to date. The company's 1st funding round was a Seed of $45.98K, raised on May 16, 2012.
How many employees does PoshVine have?
As of Apr 07, 2024, the latest employee count at PoshVine is 53.
What is the annual revenue of PoshVine?
Annual revenue of PoshVine is $1.94M as on Mar 31, 2023.
What does PoshVine do?
Founded in 2011 in Bengaluru, India, a marketing platform is maintained for loyalty programs and customer engagement. Customer segmentation and behavioral transaction data analysis are utilized to develop loyalty campaigns. Promotional campaigns, geo-fenced notifications, win-back initiatives, occasion-based offers, and social rewards are supported. Content marketing tools and merchant services are extended to enterprises in the sector.
Who are the top competitors of PoshVine?
PoshVine's top competitors include Thanx, Merryfield and Influitive.
Who are PoshVine's investors?
PoshVine has 2 investors. Key investors include Razorpay, and MyFirstCheque.
What is PoshVine's valuation?
The valuation of PoshVine is $360.21K as of May 2012.