About Scapic
Scapic is a company based in Bengaluru (India) founded in 2016 by Ajay Ponna Venkatesh was acquired by Flipkart in November 2020.. Scapic has raised $985.3 thousand across 5 funding rounds from investors including Flipkart, T-Hub and Axilor Ventures. Scapic operates in a competitive market with competitors including Perfect Corp, Marxent, Camera IQ, ThreeKit and BuzzAR, among others.
- Headquarter Bengaluru, India
- Founders Ajay Ponna Venkatesh
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Sectors
TechnologyRetail
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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 Scapic Innovations Private Limited
- Date of Incorporation 10 Apr, 2017
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$0 (USD)-100as on Mar 31, 2023
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Net Profit
$-9.24 K (USD)-200.55as on Mar 31, 2023
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EBITDA
$-6.7 K (USD)-21.73as on Mar 31, 2023
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Total Equity Funding
$985.3 K (USD)
in 5 rounds
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Latest Funding Round
$141.5 K (USD), Seed
Jul 02, 2018
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Investors
Flipkart
& 10 more
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Employee Count
Employee Count
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Acquired by
Flipkart
(Nov 17, 2020)
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Funding Insights of Scapic
Scapic has successfully raised a total of $985.3K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $141.5 thousand completed in July 2018. 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 5
- Last Round Seed — $141,500
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Seed - Scapic | Valuation | Speciale Invest | |
| Apr, 2018 | Amount | Seed - Scapic | Valuation | T-Hub |
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| Jan, 2018 | Amount | Seed - Scapic | Valuation | Axilor Ventures , Speciale Invest |
| 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 Scapic
Scapic has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Flipkart, T-Hub and Axilor Ventures. 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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Investing in deep tech startups with a focus on early-stage innovations in technology and engineering.
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Founded Year | Domain | Location | |
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Innovation hub connecting startups, corporates, and partners in technology and ecosystem development.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage startups in technology sectors.
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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 Scapic
| 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 - Scapic
| 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 |
Scapic Comparisons
Competitors of Scapic
Scapic 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 Perfect Corp, Marxent, Camera IQ, ThreeKit and BuzzAR, 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 |
Provider of AI and AR-based virtual makeup application solutions
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| domain | founded_year | HQ Location |
Cloud-based virtual trial solutions are offered for home improvement visualization.
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| domain | founded_year | HQ Location |
Augmented reality content creation and publishing solutions are provided.
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| domain | founded_year | HQ Location |
AR product visualization platform is provided for retail industry.
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| domain | founded_year | HQ Location |
AR-based app for retail and eCommerce product visualization is provided.
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| domain | founded_year | HQ Location |
SaaS platform for 3D content creation to enable AR/VR in commerce
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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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Latest news on Scapic
Frequently Asked Questions about Scapic
When was Scapic founded?
Scapic was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Scapic located?
Scapic is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Scapic a funded company?
Scapic is a funded company, having raised a total of $985.3K across 5 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Aug 30, 2017.
What does Scapic do?
Scapic was founded in 2016 in Bengaluru, India, as a developer of a web-based platform focused on interactive content creation without coding requirements. Drag-and-drop templates that are customizable are employed for building content, with built-in distribution options for web and social media channels. Real-time analytics are offered to monitor performance. Compatibility extends to XR platforms including Oculus, HTC Vive, DayDream, Hololens, and Magic Leap. Ajay Ponna Venkatesh serves as co-founder.
Who are the top competitors of Scapic?
Scapic's top competitors include Perfect Corp, Marxent and ThreeKit.
Who are Scapic's investors?
Scapic has 11 investors. Key investors include Flipkart, T-Hub, Axilor Ventures, Speciale Invest, and Startup Karnataka.
What is Scapic's valuation?
The valuation of Scapic is $621.56K as of Jul 2018.
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