About Social Swag
Social Swag is an Education company based in Mumbai (India) founded in 2019 by Akshay Kumar, Swagat Giri, Rana Daggubati, and Mahesh Bhupathi. Multi-disciplinary tutoring solutions are offered via an online platform. 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. Social Swag was last valued at $10.26 million in April 2022. Its Indian entity Social Swag Technology Private Limited reported revenue of ₹3.09 Cr. Its focus areas include EdTech, Continued Learning, Vocational and Multi Disciplinary.
Company details
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.
- Headquarters Mumbai, India
- Employees 48
- Founders Akshay Kumar, Swagat Giri, Rana Daggubati, Mahesh Bhupathi
- Stage Minicorn
- SectorsEducation
- Email••••••••
- Website socialswag.com
- Social LinkedIn X
- Legal Name Social Swag Technology Private Limited
- Date of Incorporation 06 Aug, 2020
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹3.09 Cr
FY 2022
- Net Loss-₹11.50 Cr
FY 2022 · -372% margin
- EBITDA-₹11.07 Cr
FY 2022 · -358% margin
- Total Equity Funding$7.45M (USD)
in 4 rounds
- Latest Funding Round$1.17M (USD), Seed
Oct 2022
- InvestorsUnicorn India Ventures
& 23 more
- Employee Count48
Associated legal entities of Social Swag
Social Swag is associated with 2 registered companies on The Company Check; the primary company is Social Swag Technology Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Social Swag Technology Private Limited CIN U72900MH2020PTC343395 | Active | 06 Aug 2020 | Mumbai, Maharashtra | ₹3.1 Cr | 48 | 2 | View details |
| Social Swag Metaverse Private Limited CIN U72900MH2022PTC380631 | Active | 18 Apr 2022 | Mumbai, Maharashtra | 2 | View details |
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 $7.45M
- Total Rounds 4
- Last Round Seed — $1.17M
- First Round $2.32M
(Jan 2021)
- Investors Count 24
All 4 funding rounds of Social Swag 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 |
|---|---|---|---|---|---|
| Oct 2022 | $1.17M | Seed | – | Firstport Capital | |
| Apr 2022 | $457,972 | Seed | $10.26M | Divisha Real Estate Advisors | – |
| Nov 2021 | $3.5M | Seed | – | Unicorn India Ventures, IMEF | |
| Jan 2021 | $2.32M | Seed | $10.23M | Shekama Family Trust, Kohli And Bhargava Family Trust |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $10.26M | •••••••• |
| Jan 2021 | $10.23M | •••••••• |
Last known valuation $10.26M (Apr 2022). 24 investors in total: 14 institutional and 10 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investment in tech-startups | Gurugram, India | |||
Venture capital firm offering seed funding and support to startups in technology and innovation sectors. | 2014 | unicornivc.com | Mumbai, India | |
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
Venture capital and single family offices investing in multiple sectors | ||||
Connections between startups and investors are facilitated by a platform. | 3fventures.com | Singapore, Singapore | ||
Early-stage investments are targeted by Blume Founders Fund. | Mumbai, India | |||
Investment fund focused on Media and Entertainment sectors in India. | imef.in | Mumbai, India | ||
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
Investor details for Social Swag
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Social Swag Technology Private Limited (Social Swag)
Social Swag Technology Private Limited is the primary company behind Social Swag. The boards of the 2 registered companies of Social Swag currently have 3 directors; the longest-serving is Mahesh Bhupathi, appointed in 2020. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahesh Bhupathi DIN 01603093 | Director | 06 Aug 2020 | 6 yrs 2 mo | Social Swag Technology Private Limited, Social Swag Metaverse Private Limited |
| Sameer Hakim Pitalwalla DIN 05350515 | Director | 18 Apr 2022 | 4 yrs 6 mo | Social Swag Metaverse Private Limited |
| Dhruv Chitgopekar DIN 06815824 | Director | 15 Jul 2022 | 4 yrs 3 mo | Social Swag Technology Private Limited |
People of Social Swag
7 people are tracked at Social Swag (6 in leadership, 1 in team); the tracked headcount is 48.
| Name | Role | Group |
|---|---|---|
Akshay Kumar | Co-Founder | Leadership |
Swagat Giri | Co-Founder | Leadership |
Rana Daggubati | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Malathi Latha Morthala | Head Of Software Engineering | Leadership |
Kamesh Kumar | Head Of Sales - B2c Business | Leadership |
Syed Haris Ali | Assistant Unit Manager- B2c Sales | Team |
Complete people profiles for Social Swag
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Social Swag
Figures of Social Swag Technology Private Limited, the primary company behind Social Swag, for FY 2022. Revenue was ₹3.09 Cr. Net loss was -₹11.50 Cr (-372% margin). EBITDA was -₹11.07 Cr (-358% margin).
- ₹3.09 CrRevenue · FY 2022
- -₹11.50 CrNet loss · -372% margin
- -₹11.07 CrEBITDA · -358% margin
- ₹14.1 LakhPaid-up capital
- 48Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Social Swag Technology Private Limited are on its company page.
Detailed financial statements for Social Swag
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Social Swag
4 dated milestones of Social Swag across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Social Swag is founded.
- Funding First funding round of $2.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.2M.
Top companies in Corporate & Professional Learning Platforms
2 companies that operate in the same segment as Social Swag (Corporate & Professional Learning Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Professional certification training courses are provided via an online platform. | 2015 | Mumbai, Maharashtra, India | USD 371.77 M | USD 143.62 M | 6,673 | |
Vernacular-based hyperlocal platform for online programming mentoring is developed. | 2014 | Chennai, Tamil Nadu, India | USD 3.9 M | USD 4.13 M | 496 |
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Related news about Social Swag
Complete news archive for Social Swag
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Frequently Asked Questions about Social Swag
Social Swag was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Social Swag is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
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 $2.32M, raised on Jan 2021.
Social Swag has 48 employees.
The primary company behind Social Swag, Social Swag Technology Private Limited, reported revenue of ₹3.09 Cr for FY 2022.
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.
Social Swag has 24 investors. Key investors include Unicorn India Ventures, IMEF, Firstport Capital, IP Ventures, and Feroza Jamshed Mody.
The valuation of Social Swag is $10.26M as of Apr 2022.
Social Swag is associated with 2 legal entities: Social Swag Technology Private Limited, Social Swag Metaverse Private Limited.
The legal entities of Social Swag currently have 3 directors, including Mahesh Bhupathi, Dhruv Chitgopekar, Sameer Hakim Pitalwalla.