Swipe Technologies

Pune, India Founded: 2012 • Age: 14 yrs
Mobile phones and accessories are manufactured for budget segments.
Annual revenue $26.5M Latest available
Total funding $5.8M 2 rounds
Employees 13 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Swipe Technologies

Swipe Technologies is a company based in Pune (India) founded in 2012 by Shripal Gandhi. Swipe Technologies has raised $5.79 million across 2 funding rounds from investors including Kalaari Capital. The company has 13 employees as of April 06, 2024. Swipe Technologies offers products and services including Project Dhara, Project Manosakha, Waterlily Public School, Label Purnkuti, and Nutrition Support. Swipe Technologies operates in a competitive market with competitors including Xiaomi, boAt, Nothing, Meizu and Indkal, among others.

  • Headquarter Pune, India
  • Employees 13 as on 06 Apr, 2024
  • Founders Shripal Gandhi
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Starconn Mobility Private Limited
  • Date of Incorporation 15 Jan, 2013
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Consumer → Consumer Electronics & Appliances
Key Metrics
  • Annual Revenue
    $26.48 M (USD)
    39.86
    as on Mar 31, 2018
  • Net Profit
    -$3.14 M (USD)
    -26655.84
    as on Mar 31, 2018
  • EBITDA
    -$3.13 M (USD)
    -1422.78
    as on Mar 31, 2018
  • Total Equity Funding
    $5.79 M (USD)

    in 2 rounds

  • Latest Funding Round
    $834.43 K (USD), Series A

    May 24, 2017

  • Investors
  • Employee Count
    13

    as on Apr 06, 2024

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Products & Services of Swipe Technologies

Swipe Technologies offers a comprehensive portfolio of products and services, including Project Dhara, Project Manosakha, Waterlily Public School, Label Purnkuti, and Nutrition Support.

Primary

Offers skills and health services to female sex workers and LGBTQ communities.

Provides education and training for underprivileged children in rural areas.

Delivers modern education to students in Bihar's rural settings.

Produces and sells items like tailoring and beauty products for livelihoods.

Provides nutritional aid to HIV-positive individuals and marginalized groups.

Funding Insights of Swipe Technologies

Swipe Technologies has successfully raised a total of $5.79M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $834.43 thousand completed in May 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 Rounds 2
  • Last Round Series A — $834,432
  • First Round

    (16 Apr 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2017 Amount Series A - Swipe Technologies Valuation

investors

Apr, 2014 Amount Series A - Swipe Technologies Valuation Kalaari Capital

Investors in Swipe Technologies

Swipe Technologies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Kalaari Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments in early-stage technology companies are made by Kalaari Capital.
Founded Year Domain Location

Investments & Acquisitions by Swipe Technologies

Investments

Financial Statements - Swipe Technologies

Swipe Technologies Comparisons

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Competitors of Swipe Technologies

Swipe Technologies 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 Xiaomi, boAt, Nothing, Meizu and Indkal, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multi-category consumer electronics are offered through an internet-first model.
domain founded_year HQ Location
Personal audio products, wearables, and mobile accessories are retailed.
domain founded_year HQ Location
Multi-category electronics are provided by an internet-first brand.
domain founded_year HQ Location
Multi-category consumer electronics are provided by an internet-first brand.
domain founded_year HQ Location
Task management and project collaboration software is provided for teams.
domain founded_year HQ Location
Online platform offering a wide range of consumer electronics

Latest news on Swipe Technologies

Frequently Asked Questions about Swipe Technologies

Swipe Technologies was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Swipe Technologies is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Shripal Gandhi is the current CEO of Swipe Technologies. They have also founded this company.

Swipe Technologies is a funded company, having raised a total of $5.79M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.96M, raised on Apr 16, 2014.

As of Apr 06, 2024, the latest employee count at Swipe Technologies is 13.

Annual revenue of Swipe Technologies is $26.48M as on Mar 31, 2018.

Swipe Technologies is a manufacturer of mobile accessories. Launched a 3D tablet in 2013. As of November 2015, its portfolio comprises of multiple smartphones, tablets, and wearables running on Android platform. The products are targeting the budget segment with most of them priced under INR 10k. Also has a cloud storage app that aggregates the storage capacities of multiple free cloud storage providers. Raised INR 32 crore (5M) from Kalaari Capital in April 2014 to set up its manufacturing unit near Pune. As of Nov 2015, its planning to raise INR 250 crore from private equity investors to boost production and RD.

Swipe Technologies's top competitors include Xiaomi, boAt and Nothing.

Swipe Technologies offers Project Dhara, Project Manosakha, Waterlily Public School, Label Purnkuti, and Nutrition Support.

Swipe Technologies has 1 investor. Key investors include Kalaari Capital.

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