About Premagic
Premagic is a company based in Bengaluru (India) founded in 2018 by Mevin Chirayath, Anenth Vishnu, and Anup Mohan. Premagic has raised $1.48 million across 3 funding rounds from investors including Y Combinator, unknown and Sujayath Ali. The company has 1 employees as of June 25, 2024. Premagic offers products and services including AI-Powered Photo Distribution, Event Marketing Posters, Avatar Studio, Registration with Face Check-In, and Ripple: Smart Event Networking. Premagic operates in a competitive market with competitors including Banzai, RainFocus, POSH, PhotoShelter and Goldcast, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 25 Jun, 2024
- Founders Mevin Chirayath, Anenth Vishnu, Anup Mohan
- Stage Minicorn
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Sectors
Media & EntertainmentTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Wellbeing Studios Private Limited
- Date of Incorporation 11 Apr, 2018
- Jurisdiction Thrissur, Kerala, India
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Annual Revenue
$157.39 K (USD)630.7as on Mar 31, 2023
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Net Profit
-$163.03 K (USD)-67.78as on Mar 31, 2023
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EBITDA
-$157.31 K (USD)-65.69as on Mar 31, 2023
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Total Equity Funding
$1.48 M (USD)
in 3 rounds
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Latest Funding Round
$500 K (USD), Seed
Dec 17, 2024
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Investors
Y Combinator
& 21 more
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Employee Count
1
as on Jun 25, 2024
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Products & Services of Premagic
Premagic offers a comprehensive portfolio of products and services, including AI-Powered Photo Distribution, Event Marketing Posters, Avatar Studio, Registration with Face Check-In, and Ripple: Smart Event Networking.
Delivers event photos using face recognition for quick sharing.
Generates personalized posters to boost event registrations and advocacy.
Creates branded AI avatars for fun and shareable attendee content.
Streamlines event check-ins using QR codes and facial recognition.
Facilitates seamless attendee connections during events.
People of Premagic
Unlock access to complete
Funding Insights of Premagic
Premagic has successfully raised a total of $1.48M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in December 2024. 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 3
- Last Round Seed — $500,000
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First Round
First Round
(30 Apr 2021)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2024 | Amount | Seed - Premagic | Valuation |
investors |
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| Dec, 2024 | Amount | Seed - Premagic | Valuation | Keralaangelnetwork.com |
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| Apr, 2021 | Amount | Seed - Premagic | Valuation | unknown , Violet Sky Projects and Services |
Investors in Premagic
Premagic has secured backing from 22 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Y Combinator, unknown and Sujayath Ali.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Projects and services are delivered from Chennai, India.
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Investments & Acquisitions by Premagic
Financial Statements - Premagic
Premagic Comparisons
Competitors of Premagic
Premagic 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 Banzai, RainFocus, POSH, PhotoShelter and Goldcast, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
On-demand SDRs are supplied to businesses through a CRM-integrated platform.
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| domain | founded_year | HQ Location |
Event marketing and analytics solutions provided to organizers and marketers.
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Event marketing solutions are delivered via an integrated platform.
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| domain | founded_year | HQ Location |
Photography website tools and photo marketplace are provided.
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| domain | founded_year | HQ Location |
Virtual event management solutions are delivered via a cloud-based platform.
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Digital marketing tools are supplied for live event organizers.
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Latest news on Premagic
Frequently Asked Questions about Premagic
Premagic was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Premagic is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Anup Mohan is the current CEO of Premagic. They have also founded this company.
Premagic is a funded company, having raised a total of $1.48M across 3 funding rounds to date. The company's 1st funding round was a Seed of $269.48K, raised on Apr 30, 2021.
As of Jun 25, 2024, the latest employee count at Premagic is 1.
Annual revenue of Premagic is $157.39K as on Mar 31, 2023.
Premagic was founded in 2018 in Bengaluru, India, as a lead generation platform targeted at professional photographers. Photos from events are uploaded by users, sorted for organization, and personalized with branding options. Clients access and select preferred images, enabling streamlined delivery of chosen photos. Operations focus on the photography sector, supporting event-based workflows through digital tools.
Premagic offers AI-Powered Photo Distribution, Event Marketing Posters, Avatar Studio, Registration with Face Check-In, and Ripple: Smart Event Networking.
Premagic has 22 investors. Key investors include Y Combinator, unknown, Sujayath Ali, Sony Joy, and Mohammed Hisamuddin.
The valuation of Premagic is $1.23M as of Apr 2021.