About Presto Australia
Presto Australia is a company based in Sydney (Australia) founded in 2014 was acquired by Foxtel in October 2016.. Presto Australia operates in a competitive market with competitors including Hulu, Netflix, MUBI, iflix and Viu Video, among others.
- Headquarter Sydney, Australia
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Funding Insights of Presto Australia
| 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 Presto Australia
Presto Australia has secured backing from 1 investor. Prominent investors backing the company include Foxtel. 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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IPTV provider in Australia with internet TV and Video on Demand services
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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 Presto Australia
| 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 - Presto Australia
| 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 |
Presto Australia Comparisons
Competitors of Presto Australia
Presto Australia 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 Hulu, Netflix, MUBI, iflix and Viu Video, 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 |
Video content is streamed through subscription-based OTT platform.
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| domain | founded_year | HQ Location |
Provider of streaming services for TV shows, movies, and documentaries
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| domain | founded_year | HQ Location |
Movies, shows, and on-demand content are streamed via mobile app.
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| domain | founded_year | HQ Location |
Subscription-based video-on-demand platform is operated for diverse entertainment content.
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| domain | founded_year | HQ Location |
Video streaming platform operated for on-demand entertainment access.
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| domain | founded_year | HQ Location |
On-demand video streaming is offered through subscriptions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Presto Australia
When was Presto Australia founded?
Presto Australia was founded in 2014.
Where is Presto Australia located?
Presto Australia is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
What does Presto Australia do?
Presto was established in 2014 in Sydney, Australia, within the digital entertainment sector. Video content is delivered through an online platform and compatible devices, including Telstra TV boxes. A subscription structure is employed, featuring tiered packages based on user needs. Exclusive programming is made available only on the service. Ownership is divided equally between Foxtel and Seven West Media as of March 2016.
Who are the top competitors of Presto Australia?
Who are Presto Australia's investors?
Presto Australia has 1 investor. Key investors include Foxtel.