About Pressmart
Pressmart is a company based in Hyderabad (India) founded in 2006 by Srinivas Rao, Vikram Simha Torpunuri, Gusti Noria, and Vijaya Simha Todupunuri. Pressmart has raised $13.51 million across 3 funding rounds from investors including End-to-End Analytics, Bodhtree and DFJ. The company has 9 employees as of March 28, 2024. Pressmart operates in a competitive market with competitors including Authorea, Column, Atavist, Spines and PressMatrix, among others.
- Headquarter Hyderabad, India
- Employees 9 as on 28 Mar, 2024
- Founders Srinivas Rao, Vikram Simha Torpunuri, Gusti Noria, Vijaya Simha Todupunuri
- Stage Minicorn
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Sectors
Media & Entertainment
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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 Pressmart Media Limited
- Date of Incorporation 31 Aug, 2006
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$262.16 K (USD)-50.5as on Mar 31, 2017
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Net Profit
-$66.71 K (USD)5.11as on Mar 31, 2017
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EBITDA
-$52.24 K (USD)23as on Mar 31, 2017
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Total Equity Funding
$13.51 M (USD)
in 3 rounds
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Latest Funding Round
$6 M (USD), Series A
Jan 29, 2013
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Investors
End-to-End Analytics
& 9 more
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Employee Count
9
as on Mar 28, 2024
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Funding Insights of Pressmart
Pressmart has successfully raised a total of $13.51M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in January 2013. 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.
Investors in Pressmart
Pressmart has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include End-to-End Analytics, Bodhtree and DFJ.
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Venture capital investments are offered to startups by NEA.
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Investments in early-stage technology companies are made by Kalaari Capital.
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Investor details for Pressmart
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Investments & Acquisitions by Pressmart
Investment portfolio details for Pressmart
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Financial Statements - Pressmart
Detailed financials for Pressmart
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Pressmart Comparisons
Peer comparison for Pressmart
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Competitors of Pressmart
Pressmart 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 Authorea, Column, Atavist, Spines and PressMatrix, among others.
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Collaborative platform for research and learning
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Public interest information is distributed via an online collaborative platform.
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Multimedia storytelling is facilitated by a SaaS publishing platform.
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AI-based publishing solutions including proofreading and global distribution are provided.
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Interactive digital magazines are converted from print for mobile platforms.
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Content is published on an open platform in various formats.
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Detailed competitors of Pressmart
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Latest news on Pressmart
Complete news archive for Pressmart
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Frequently Asked Questions about Pressmart
Pressmart was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Pressmart is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Vik Torpunuri is the current CEO of Pressmart.
Pressmart is a funded company, having raised a total of $13.51M across 3 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Pressmart is 9.
Annual revenue of Pressmart is $262.16K as on Mar 31, 2017.
Pressmart was established in 2006 in Hyderabad, India, as a provider of digital conversion and delivery solutions for print publishers, including newspapers, magazines, catalogs, periodicals, and books. Services encompass web, mobile, tablet, e-reader, RSS, and podcast platforms. Operations serve over 700 clients in 57 countries, such as Birmingham Post, CNBC Europe, The Sun, Hindustan Times, Deccan Chronicle, Indian Express, and Lokmat.
Pressmart has 10 investors. Key investors include End-to-End Analytics, Bodhtree, DFJ, NEA, and Kalaari Capital.
The valuation of Pressmart is $10.68M as of Aug 2008.