About Social Swag
Social Swag is a company based in Mumbai (India) founded in 2019 by Akshay Kumar, Swagat Giri, Rana Daggubati, and Mahesh Bhupathi.. Social Swag has raised $7.45 million across 4 funding rounds from investors including Unicorn India Ventures, IMEF and Firstport Capital. The company has 48 employees as of March 23, 2024. Social Swag operates in a competitive market with competitors including Curious, Craftsy, The Shift Network, Kinnu and Learn.xyz, among others.
- Headquarter Mumbai, India
- Employees 48 as on 23 Mar, 2024
- Founders Akshay Kumar, Swagat Giri, Rana Daggubati, Mahesh Bhupathi
- Stage Minicorn
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Sectors
Education
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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 Social Swag Technology Private Limited
- Date of Incorporation 06 Aug, 2020
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$374.14 K (USD)0as on Mar 31, 2022
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Net Profit
$-1.39 M (USD)-2638.13as on Mar 31, 2022
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EBITDA
$-1.33 M (USD)-2716.07as on Mar 31, 2022
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Total Equity Funding
$7.45 M (USD)
in 4 rounds
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Latest Funding Round
$1.17 M (USD), Seed
Oct 03, 2022
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Investors
Unicorn India Ventures
& 23 more
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Employee Count
48
as on Mar 23, 2024
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Funding Insights of Social Swag
Social Swag has successfully raised a total of $7.45M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.17 million completed in October 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 4
- Last Round Seed — $1.2M
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First Round
First Round
(11 Jan 2021)
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - Social Swag | Valuation | Firstport Capital | |
| Apr, 2022 | Amount | Seed - Social Swag | Valuation | Divisha Real Estate Advisors |
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| Nov, 2021 | Amount | Seed - Social Swag | Valuation | Unicorn India Ventures , IMEF |
| 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 Social Swag
Social Swag has secured backing from 24 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Unicorn India Ventures, IMEF and Firstport Capital. 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 investment in tech-startups
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Founded Year | Domain | Location | |
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Venture capital firm offering seed funding and support to startups in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups across 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 Social Swag
| 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 - Social Swag
| 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 |
Social Swag Comparisons
Competitors of Social Swag
Social Swag 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 Curious, Craftsy, The Shift Network, Kinnu and Learn.xyz, 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 learning platform is provided for daily skill development.
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| domain | founded_year | HQ Location |
Marketplace for online handicraft and origami courses is operated.
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| domain | founded_year | HQ Location |
App-based online summits and courses on inspirational topics are provided.
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| domain | founded_year | HQ Location |
Multi-disciplinary courses are delivered through a mobile platform.
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| domain | founded_year | HQ Location |
Courses are created and shared via an AI-powered platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Social Swag
Frequently Asked Questions about Social Swag
When was Social Swag founded?
Social Swag was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Social Swag located?
Social Swag is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Social Swag a funded company?
Social Swag is a funded company, having raised a total of $7.45M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3.5M, raised on Jan 11, 2021.
How many employees does Social Swag have?
As of Mar 23, 2024, the latest employee count at Social Swag is 48.
What is the annual revenue of Social Swag?
Annual revenue of Social Swag is $374.14K as on Mar 31, 2022.
What does Social Swag do?
Social Swag was founded in 2019 and is headquartered in Mumbai, India. An online platform is operated to deliver tutoring services across diverse fields, including cooking, photography, yoga, Python programming, and finance. Tutors are sourced from celebrities, influencers, and bloggers. The focus is placed on multi-disciplinary education accessible through digital means.
Who are the top competitors of Social Swag?
Social Swag's top competitors include Craftsy, Curious and The Shift Network.
Who are Social Swag's investors?
Social Swag has 24 investors. Key investors include Unicorn India Ventures, IMEF, Firstport Capital, IP Ventures, and Feroza Jamshed Mody.
What is Social Swag's valuation?
The valuation of Social Swag is $10.26M as of Apr 2022.