About Scapic
Scapic is a Technology company based in Bengaluru (India) founded in 2016 by Ajay Ponna Venkatesh, and was acquired by Flipkart in November 2020. Web-based platform for no-code interactive content creation is provided. It operates in the Technology and Retail sectors. Scapic has raised $985.3 thousand across 5 funding rounds from investors including Flipkart, T-Hub and Axilor Ventures. The company has 156 employees. Scapic was last valued at $621.56 thousand in July 2018. Its Indian entity Scapic Innovations Private Limited reported revenue of ₹293 Cr. Its focus areas include High Tech, Augmented Reality, Development Tools and Content Creation Tools.
Company details
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.
- Headquarters Bengaluru, India
- Employees 156
- Founders Ajay Ponna Venkatesh
- Stage Acquired
- SectorsTechnologyRetail
- Email••••••••
- Website scapic.com
- Social LinkedIn X Facebook
- Acquired by Flipkart (Nov 2020)
- Legal Name Scapic Innovations Private Limited
- Date of Incorporation 10 Apr, 2017
- Jurisdiction Bengaluru, Karnataka, India
Associated legal entities of Scapic
Scapic is associated with 2 registered companies on The Company Check; the primary company is Scapic Innovations Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Scapic Innovations Private Limited CIN U72900KA2017PTC102142 | Active | 10 Apr 2017 | Bengaluru, Karnataka | ₹293 Cr | 29 | 3 | View details |
| Flipkart Internet Private Limited CIN U51109KA2012PTC066107 | Active | 01 Oct 2012 | Bengaluru, Karnataka | ₹17,039 Cr | 6,941 | 10 | View details |
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 $985,303
- Total Rounds 5
- Last Round Seed — $141,500
- Investors Count 10
All 5 funding rounds of Scapic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2018 | $141,500 | Seed | $621,557 | Speciale Invest | |
| Apr 2018 | Seed | – | T-Hub | – | |
| Jan 2018 | $500,000 | Seed | $1.75M | Axilor Ventures, Speciale Invest | |
| Nov 2017 | $343,803 | Seed | $••••• | – | |
| Aug 2017 | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2018 | $1.75M | •••••••• |
Last known valuation $621,557 (Jul 2018). 11 investors in total: 6 institutional and 5 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investing in deep tech startups with a focus on early-stage innovations in technology and engineering. | 2017 | specialeinvest.com | Bengaluru, India | |
Innovation hub connecting startups, corporates, and partners in technology and ecosystem development. | 2015 | t-hub.co | Hyderabad, India | |
Venture capital firm investing in early-stage startups in technology sectors. | 2014 | axilor.com | Bengaluru, India | |
Support for startups in Karnataka is delivered through policies, funding, and networking services. | 2004 | missionstartupkarnataka.org | Bengaluru, India | |
Multi-category consumer products are offered via an online marketplace platform. | 2007 | flipkart.com | Bengaluru, India | |
NR Narayanan Rangarajan | unknown_e31adffbf3224a5a8 | |||
RC Rajagopalan Chithra | unknown_760f0160d0954724b | |||
KG Kris Gopalakrishnan | Co-founder of Infosys, prominent angel investor, and tech philanthropist | unknown_e3cfa0983ace46dda | ||
NR Narayanan Rangarajan | unknown_05e4405e4ced4d85b |
Investor details for Scapic
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Scapic Innovations Private Limited (Scapic)
Scapic Innovations Private Limited is the primary company behind Scapic. The boards of the 2 registered companies of Scapic currently have 10 directors; the longest-serving is Ritesh Tibrewala, appointed in 2022. 31 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ritesh Tibrewala DIN 09827809 | Director | 23 Dec 2022 | 3 yrs 10 mo | Scapic Innovations Private Limited |
| Prakash Sikaria DIN 03511668 | Whole-time director | 09 Jan 2024 | 2 yrs 10 mo | Scapic Innovations Private Limited |
| Keki Minoo Mistry DIN 00008886 | Director | 21 Mar 2026 | 7 mo | Flipkart Internet Private Limited |
| Lydia Bly Jett DIN 07756379 | Director | 21 Mar 2026 | 7 mo | Flipkart Internet Private Limited |
| Daniel Edward Neary DIN 11544170 | Director | 21 Mar 2026 | 7 mo | Flipkart Internet Private Limited |
| Chaly Chee Kheong Mah DIN 11544199 | Director | 21 Mar 2026 | 7 mo | Flipkart Internet Private Limited |
| Christopher James Nicholas DIN 11611722 | Director | 21 Mar 2026 | 7 mo | Flipkart Internet Private Limited |
| Kalyan Raman Krishnamurthy DIN 05138366 | Whole-time director | 21 Mar 2026 | 7 mo | Flipkart Internet Private Limited |
| Daniel Joseph Bartlett DIN 11583385 | Director | 21 Mar 2026 | 7 mo | Flipkart Internet Private Limited |
| Suresh Kumar DIN 11620355 | Director | 21 Mar 2026 | 7 mo | Flipkart Internet Private Limited |
People of Scapic
1 people are tracked at Scapic (1 in leadership); the tracked headcount is 156.
| Name | Role | Group |
|---|---|---|
Ajay Ponna Venkatesh | Co-Founder | Leadership |
Complete people profiles for Scapic
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Scapic
Figures of Scapic Innovations Private Limited, the primary company behind Scapic, for FY 2026. Revenue was ₹293 Cr (+212% year on year). Net loss was -₹264 Cr (-90% margin). EBITDA was -₹249 Cr (-85% margin). Revenue has grown at a compounded annual rate of 0% over three years and +159% over five years.
- ₹293 CrRevenue · FY 2026 · +212% YoY
- -₹264 CrNet loss · -90% margin
- -₹249 CrEBITDA · -85% margin
- ₹82 LakhPaid-up capital
- 29Employees (provident fund records)
- 0%Revenue CAGR, 3 years
- +159%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Scapic Innovations Private Limited are on its company page.
Detailed financial statements for Scapic
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Scapic
5 dated milestones of Scapic across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Scapic is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $142K.
- Exit Acquired by Flipkart.
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Related news about Scapic
Complete news archive for Scapic
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Frequently Asked Questions about Scapic
Scapic was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Scapic is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Scapic is a funded company, having raised a total of $985.3K across 5 funding rounds to date.
Scapic has 156 employees.
The primary company behind Scapic, Scapic Innovations Private Limited, reported revenue of ₹293 Cr for FY 2026, up 212% year on year.
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.
Scapic has 11 investors. Key investors include Flipkart, T-Hub, Axilor Ventures, Speciale Invest, and Startup Karnataka.
The valuation of Scapic is $621.56K as of Jul 2018.
Scapic is associated with 2 legal entities: Scapic Innovations Private Limited, Flipkart Internet Private Limited.
Yes. Scapic was acquired by Flipkart in November 2020.
The legal entities of Scapic currently have 11 directors, including Puja Anil Garg, Keki Minoo Mistry, Lydia Bly Jett and others.