About ppTVR
ppTVR is a company based in Surat (India) founded in 2016. ppTVR has raised $50.2 thousand across 1 funding round from investors including WhatsApp and Invest India. The company has 14 employees. ppTVR operates in a competitive market with competitors including Jaunt XR, SideQuest, InstaVR, VRdirect and Wonda VR, among others.
- Headquarter Surat, India
- Employees 14
- SectorsTechnology
- Email••••••••
- Website pptvr.in
- Legal Name Shilpmis Technologies Private Limited
- Date of Incorporation 01 Mar, 2017
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹1.24 Cr
FY 2024 · -51% YoY
- Net Profit₹9.2 Lakh
FY 2024 · 7% margin
- EBITDA₹19.6 Lakh
FY 2024 · 16% margin
- Total Equity Funding$50.2K (USD)
in 1 rounds
- Latest Funding Round$50.2K (USD), Seed
Jun 2019
- InvestorsWhatsApp
& 1 more
- Employee Count14
Associated legal entities of ppTVR
ppTVR operates through Shilpmis Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shilpmis Technologies Private Limited CIN U72900GJ2017PTC096029 | Active | 01 Mar 2017 | Surat, Gujarat | ₹1.2 Cr | 14 | 2 | View details |
Funding Insights of ppTVR
ppTVR has successfully raised a total of $50.2K through 1 strategic funding round. The most recent funding activity was a Seed round of $50.2 thousand completed in June 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.
- Total Funding $50,199
- Total Rounds 1
- Last Round Seed — $50,199
- First Round $50,199
(Jun 2019)
- Investors Count 2
All 1 funding rounds of ppTVR 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 |
|---|---|---|---|---|---|
| Jun 2019 | $50,199 | Seed | – | WhatsApp, Invest India | – |
2 investors in total: 2 institutional.
Investors in ppTVR
ppTVR has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include WhatsApp and Invest India.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Secure private messaging and multimedia sharing are facilitated worldwide. | 2009 | whatsapp.com | Menlo Park, United States | |
Provider of investment promotion and facilitation services | 2009 | investindia.gov.in | Delhi, India |
Investor details for ppTVR
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Shilpmis Technologies Private Limited (ppTVR)
Shilpmis Technologies Private Limited is the primary company behind ppTVR. The board of Shilpmis Technologies Private Limited currently have 2 directors; the longest-serving is Hardik Parimal Desai, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hardik Parimal Desai DIN 07416004 | Director | 01 Mar 2017 | 9 yrs 7 mo | Shilpmis Technologies Private Limited |
| Parimal Gunvantrai Desai DIN 07057389 | Director | 01 Mar 2017 | 9 yrs 7 mo | Shilpmis Technologies Private Limited |
Financials of ppTVR
Figures of Shilpmis Technologies Private Limited, the primary company behind ppTVR, for FY 2024. Revenue was ₹1.24 Cr (-51% year on year). Net profit was ₹9.2 Lakh (7% margin). EBITDA was ₹19.6 Lakh (16% margin). Revenue has grown at a compounded annual rate of -15% over three years and +12% over five years.
- ₹1.24 CrRevenue · FY 2024 · -51% YoY
- ₹9.2 LakhNet profit · 7% margin
- ₹19.6 LakhEBITDA · 16% margin
- ₹12.5 LakhPaid-up capital
- 14Employees (provident fund records)
- -15%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Shilpmis Technologies Private Limited are on its company page.
Detailed financial statements for ppTVR
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 ppTVR
2 dated milestones of ppTVR across 3 years, from founding to its latest funding, stage changes and deals.
- Founded ppTVR is founded.
- Funding First funding round of $50K.
Competitors of ppTVR
ppTVR 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 Jaunt XR, SideQuest, InstaVR, VRdirect and Wonda VR, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jauntxr.com | 2013 | San Mateo, United States | $66.7M | 18 | Software for cross-platform VR/AR/MR content distribution is provided. | |
| sidequestvr.com | 2019 | Belfast, United Kingdom | $16.26M | 5 | VR games are distributed through an app-based platform for users. | |
| instavr.co | 2015 | San Francisco, United States | $7M | – | Provides App creation platform | |
| vrdirect.com | 2006 | Munich, Germany | – | 14 | Developer of a platform to create and publish interactive 360-degrees and VR content | |
| wondavr.com | 2016 | Paris, France | $20,000 | – | Platform to share 360° photos and videos on VR platforms | |
| nurve.jp | 2015 | Minato, Japan | $2.32M | – | Cloud-based platform for VR content distribution and management is offered. | |
| youvisit.com | 2010 | New York, United States | – | 55 | Platform to create panoramic tours, 360-degree video distribution platform as well as custom VR content development services | |
| vragments.com | 2016 | Berlin, Germany | – | – | VR studio that develops 3D content | |
| entrypointvr.com | 2015 | New York, United States | $2M | – | Serves as a web-based platform for distributing virtual reality content. | |
| everyscape.com | 2002 | Newton, United States | $17.5M | 9 | 3D environments are constructed from 2D photography via EveryScape's platform. |
Detailed competitors of ppTVR
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to ppTVR
10 companies that operate in the same segment as ppTVR (Virtual Reality), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Video game developer specializing in the MMORPG and VR games | 1997 | Reykjavik, Iceland | USD 106.3 M | – | – | |
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
Platform offering distributed simulation software for video games and corporate sectors | 2012 | London, England, United Kingdom | USD 929.85 M | USD 1.58 M | 634 | |
Mood-altering virtual reality experiences are developed for wellness by TRIPP. | 2016 | Los Angeles, California, United States | USD 26.25 M | – | – | |
Virtual reality headsets are provided for immersive professional applications. | 2016 | Helsinki, Finland | USD 149.39 M | – | – | |
Virtual world games are facilitated through an NFT-based platform. | 2017 | Buenos Aires, Argentina | USD 25 M | – | – | |
VR casual games are developed for major platforms. | 2015 | Stockholm, Sweden | USD 38.5 M | – | – | |
VR-based home therapy systems are developed for symptom treatment. | 2016 | Brookline, Massachusetts, United States | USD 29 M | – | – |
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Frequently Asked Questions about ppTVR
ppTVR was founded in 2016 and raised its 1st funding round 3 years after it was founded.
ppTVR is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
ppTVR is a funded company, having raised a total of $50.2K across 1 funding round to date. The company's 1st funding round was a Seed of $50.2K, raised on Jun 2019.
ppTVR has 14 employees.
The primary company behind ppTVR, Shilpmis Technologies Private Limited, reported revenue of ₹1.24 Cr for FY 2024, down 51% year on year.
PPTVR was founded in 2016 in Surat, India, operating in the virtual reality sector. A web-based platform is provided for building interactive VR experiences, allowing multiple scenes to be assembled without coding. Features include 360-degree backgrounds, scene linking, and additions of images, videos, or text popups as elements. Experiences are shared across platforms, with heat maps offering scene-specific data on user attention.
ppTVR has 2 investors. Key investors include WhatsApp, and Invest India.
ppTVR operates through Shilpmis Technologies Private Limited.
The legal entities of ppTVR currently have 2 directors, including Hardik Parimal Desai, Parimal Gunvantrai Desai.