About Scribie
Scribie is a company based in Bengaluru (India) founded in 2008 by Yukti Yatish.. Scribie has raised $38.87 thousand across 1 funding round from investors including Axilor Ventures. The company has 264 employees as of June 30, 2023. Scribie offers products and services including Video Transcription and Podcast Transcription.
- Headquarter Bengaluru, India
- Employees 264 as on 30 Jun, 2023
- Founders Yukti Yatish
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Cgbiz Corporation
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Annual Revenue
$2.31 M (USD)388as on Mar 31, 2023
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Net Profit
$17.56 K (USD)120as on Mar 31, 2023
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EBITDA
$25.22 K (USD)119as on Mar 31, 2023
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Total Equity Funding
$38.87 K (USD)
in 1 rounds
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Latest Funding Round
$38.87 K (USD), Seed
Oct 24, 2017
- Investors
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Employee Count
264
as on Jun 30, 2023
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Products & Services of Scribie
Scribie offers a comprehensive portfolio of products and services, including Video Transcription and Podcast Transcription. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Video content is transcribed into text with human verification and AI enhancements to ensure accuracy and timely delivery.
Podcast audio is converted into text, incorporating features like speaker tracking and time-coding for improved usability.
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Funding Insights of Scribie
Scribie has successfully raised a total of $38.87K through 1 strategic funding round. The most recent funding activity was a Seed round of $38.87 thousand completed in October 2017. 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 1
- Last Round Seed — $38,870
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First Round
First Round
(24 Oct 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Seed - Scribie | Valuation | Axilor Ventures |
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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 Scribie
Scribie has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 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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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 Scribie
| 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 - Scribie
| 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 |
Scribie Comparisons
Competitors of Scribie
| 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 Scribie
When was Scribie founded?
Scribie was founded in 2008 and raised its 1st funding round 9 years after it was founded.
Where is Scribie located?
Scribie is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Scribie a funded company?
Scribie is a funded company, having raised a total of $38.87K across 1 funding round to date. The company's 1st funding round was a Seed of $38.87K, raised on Oct 24, 2017.
How many employees does Scribie have?
As of Jun 30, 2023, the latest employee count at Scribie is 264.
What is the annual revenue of Scribie?
Annual revenue of Scribie is $2.31M as on Mar 31, 2023.
What does Scribie do?
Provider of human-verified audio and video transcription services. This company offers transcription services for various media types, including video, podcasts, academic lectures, dissertations, and legal and marketing materials. The service utilizes a multi-step process involving certified transcribers, reviewers, and proofreaders to ensure high accuracy. Additional services such as SRTVTT file creation and custom formatting are also available. The process is designed for efficiency and ease of use, allowing clients to upload files, pay securely, and download completed transcripts through an online editor.
What products or services does Scribie offer?
Scribie offers Video Transcription and Podcast Transcription.
Who are Scribie's investors?
Scribie has 1 investor. Key investors include Axilor Ventures.