About Quiph
Quiph is a company based in Mumbai (India) founded in 2016 by Advaith Vishwanath and Sagar Modi.. Quiph has raised $8.11 million across 2 funding rounds from investors including Accel, Wellfound and Lightspeed Venture Partners. The company has 38 employees as of April 05, 2024. Quiph operates in a competitive market with competitors including Ximalaya, Voicy, Mentza, Gram Vaani and Yay!, among others.
- Headquarter Mumbai, India
- Employees 38 as on 05 Apr, 2024
- Founders Advaith Vishwanath, Sagar Modi
- 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 Quiph Media Private Limited
- Date of Incorporation 22 Aug, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$208.44 K (USD)147215.83as on Mar 31, 2023
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Net Profit
$-2.09 M (USD)-1937.41as on Mar 31, 2023
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EBITDA
$-2.22 M (USD)-2819.9as on Mar 31, 2023
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Total Equity Funding
$8.11 M (USD)
in 2 rounds
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Latest Funding Round
$6.49 M (USD), Series A
Feb 08, 2022
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Investors
Accel
& 7 more
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Employee Count
38
as on Apr 05, 2024
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Funding Insights of Quiph
Quiph has successfully raised a total of $8.11M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.49 million completed in February 2022. 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 2
- Last Round Series A — $6.5M
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First Round
First Round
(04 Oct 2019)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series A - Quiph | Valuation | Dato Capital | |
| Oct, 2019 | Amount | Seed - Quiph | Valuation | Accel , Lightspeed Venture Partners |
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| 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 Quiph
Quiph has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accel, Wellfound and Lightspeed Venture Partners. 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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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Angel Network for Bengaluru based companies
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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 Quiph
| 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 - Quiph
| 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 |
Quiph Comparisons
Competitors of Quiph
Quiph 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 Ximalaya, Voicy, Mentza, Gram Vaani and Yay!, 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 |
Online platform for streaming internet radio, audiobooks, and more
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| domain | founded_year | HQ Location |
Online social platform for audio sharing
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| domain | founded_year | HQ Location |
Audio sharing and group conversations are facilitated via mobile app.
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| domain | founded_year | HQ Location |
Online social platform for sharing audio clips
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| domain | founded_year | HQ Location |
App-based audio sharing social platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Quiph
When was Quiph founded?
Quiph was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Quiph located?
Quiph is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Quiph?
Sagar Modi is the current CEO of Quiph. They have also founded this company.
Is Quiph a funded company?
Quiph is a funded company, having raised a total of $8.11M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.62M, raised on Oct 04, 2019.
How many employees does Quiph have?
As of Apr 05, 2024, the latest employee count at Quiph is 38.
What is the annual revenue of Quiph?
Annual revenue of Quiph is $208.44K as on Mar 31, 2023.
What does Quiph do?
Quiph was founded in 2016 in Mumbai, India, as a social networking platform focused on audio interactions. Connections with friends and family are facilitated through voice notes and short sound-bites. The platform operates in the digital communication sector, allowing users to share personal audio content for community building. Services emphasize simple, voice-driven engagement without visual elements.
Who are the top competitors of Quiph?
Quiph's top competitors include Ximalaya, Gram Vaani and Mentza.
Who are Quiph's investors?
Quiph has 8 investors. Key investors include Accel, Wellfound, Lightspeed Venture Partners, Capier Investments, and Utsav Somani.
What is Quiph's valuation?
The valuation of Quiph is $34.89M as of Feb 2022.
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