Quiph

Mumbai, India Founded: 2016 • Age: 10 yrs Minicorn
Community engagement is enabled via audio-based social networking.

About Quiph

Quiph is a Media & Entertainment company based in Mumbai (India) founded in 2016 by Advaith Vishwanath and Sagar Modi. Community engagement is enabled via audio-based social networking. Quiph has raised $8.11 million across 2 funding rounds from investors including Accel, Wellfound and Lightspeed Venture Partners. The company has 38 employees. Quiph was last valued at $34.89 million in February 2022. Its chief executive, as recorded, is Sagar Modi. Its Indian entity Quiph Media Private Limited reported revenue of β‚Ή1.73 Cr. Its focus areas include Consumer, Social Platforms and Horizontal. Its competitors include Mentza, Gram Vaani and Croak.it!; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Mumbai, India
  • Employees 38
  • Founders Advaith Vishwanath, Sagar Modi
  • Stage Minicorn
  • Sectors
    Media & Entertainment
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website quiph.com
  • Social LinkedIn X Facebook
  • Legal Name Quiph Media Private Limited
  • Date of Incorporation 22 Aug, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹1.73 Cr

    FY 2023 · +147216% YoY

  • Net Loss
    -₹17.36 Cr

    FY 2023 · -1002% margin

  • EBITDA
    -₹16.73 Cr

    FY 2023 · -965% margin

  • Total Equity Funding
    $8.11M (USD)

    in 2 rounds

  • Latest Funding Round
    $6.49M (USD), Series A

    Feb 2022

  • Investors
    Accel

    & 7 more

  • Employee Count
    38

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 $8.11M
  • Total Rounds 2
  • Last Round Series A β€” $6.49M
  • First Round $1.62M

    (Oct 2019)

  • Investors Count 8

All 2 funding rounds of Quiph with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2022$6.49MSeries A$34.89MDato Capital
Oct 2019$1.62MSeed$5.4MAccel, Lightspeed Venture Partners
–
Valuation history
DateValuationStage
Feb 2022$34.89Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2019$5.4Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $34.89M (Feb 2022). 8 investors in total: 7 institutional and 1 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Accel is recognized as a leading venture capital firm.
1983accel.comPalo Alto, United States
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
1997lsvp.comMenlo Park, United States
Angel Network for Bengaluru based companies
2015capierinvestments.comBengaluru, India
Limited information available
utsavsomani.com
Startup jobs are connected to individuals via a dedicated platform.
2013wellfound.comNew York, United States
Commercial, financial, and risk information on companies is provided.
datocapital.comMadrid, Spain

Matilde Giglio

Co-founder of Even Healthcare, active angel investor in Indian startups
unknown_9f99762dd3574213b
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Investor details for Quiph

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Board of directors of Quiph Media Private Limited (Quiph)

Quiph Media Private Limited is the primary company behind Quiph. The board of Quiph Media Private Limited currently have 3 directors; the longest-serving is Sagar Modi Kamal, appointed in 2016. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sagar Modi Kamal
DIN 07549850
Director22 Aug 201610 yrs 2 moQuiph Media Private Limited
Advaith Vishwanath
DIN 08511078
Director16 Jul 20197 yrs 3 moQuiph Media Private Limited
Jayagopal Venkataraman
DIN 07053730
IRP/RP/Liquidator23 Jan 20242 yrs 9 moQuiph Media Private Limited

People of Quiph

5 people are tracked at Quiph (2 in leadership, 3 in team); the tracked headcount is 38.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
Satyam Pal
Operations Manager - Growth & MarketingTeam
Prashant Chourasia
Product Operations LeadTeam
Ashwin Kokkadan
Product DesignerTeam
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Financials of Quiph

Figures of Quiph Media Private Limited, the primary company behind Quiph, for FY 2023. Revenue was ₹1.73 Cr (+147216% year on year). Net loss was -₹17.36 Cr (-1002% margin). EBITDA was -₹16.73 Cr (-965% margin). Revenue has grown at a compounded annual rate of +275% over three years.

  • ₹1.73 CrRevenue · FY 2023 · +147216% YoY
  • -₹17.36 CrNet loss · -1002% margin
  • -₹16.73 CrEBITDA · -965% margin
  • ₹9.1 LakhPaid-up capital
  • 38Employees (provident fund records)
  • +275%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Quiph Media Private Limited are on its company page.

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Detailed financial statements for Quiph

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Timeline of Quiph

4 dated milestones of Quiph across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Quiph is founded.
  2. Funding First funding round of $1.6M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $6.5M.

Competitors of Quiph

Quiph has 3 listed competitors in our database, 3 of them funded. They include Mentza, Gram Vaani and Croak.it!.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mentza.com2020Mumbai, India$400,00061
Audio sharing and group conversations are facilitated via mobile app.
gramvaani.org2009Delhi, India$396,12669
Online social platform for sharing audio clips
croak.it2012Delhi, India$40,000571
Mobile App for creating and sharing voice clips
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Detailed competitors of Quiph

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Related news about Quiph

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Frequently Asked Questions about Quiph

Quiph was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Quiph is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Sagar Modi is the CEO of Quiph, as recorded in our data. They have also founded this 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 2019.

Quiph has 38 employees.

The primary company behind Quiph, Quiph Media Private Limited, reported revenue of β‚Ή1.73 Cr for FY 2023, up 147216% year on year.

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.

Quiph's top competitors include Gram Vaani, Mentza and Croak.it!.

Quiph has 8 investors. Key investors include Accel, Wellfound, Lightspeed Venture Partners, Capier Investments, and Utsav Somani.

The valuation of Quiph is $34.89M as of Feb 2022.

Quiph operates through Quiph Media Private Limited.

The legal entities of Quiph currently have 3 directors, including Sagar Modi Kamal, Advaith Vishwanath, Jayagopal Venkataraman.

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