About ThoreCoin
ThoreCoin is a company based in Kolkata (India) founded in 2018 by Alok Kumar.. ThoreCoin has raised $100 thousand across 1 funding round. ThoreCoin offers products and services including ThoreCoin. ThoreCoin operates in a competitive market with competitors including Beldex, U2U Network, TYB, Saitama and Navigate, among others.
- Headquarter Kolkata, India
- Founders Alok Kumar
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
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- Legal Name Thore Network Private Limited
- Date of Incorporation 12 Mar, 2024
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 K (USD)
in 1 rounds
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Latest Funding Round
$100 K (USD), Seed
Jun 23, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of ThoreCoin
ThoreCoin offers a comprehensive portfolio of products and services, including ThoreCoin. 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.
Meme coin offering community opportunities via Solana-powered transactions.
Funding Insights of ThoreCoin
ThoreCoin has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in June 2023. 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 — $100,000
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First Round
First Round
(23 Jun 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - ThoreCoin | Valuation |
investors |
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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 |
Investments & Acquisitions by ThoreCoin
| 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 - ThoreCoin
| 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 |
Thorecoin Comparisons
Competitors of ThoreCoin
ThoreCoin 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 Beldex, U2U Network, TYB, Saitama and Navigate, 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 |
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| domain | founded_year | HQ Location |
Blockchain ecosystem with zero-knowledge proofs for DApps is provided.
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Decentralized data platform
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| domain | founded_year | HQ Location |
A community rewards platform for brand engagement is operated.
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| domain | founded_year | HQ Location |
Digital currency platforms for financial management and education are offered.
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| domain | founded_year | HQ Location |
Utility tokens are provided for exchanging digital assets.
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| domain | founded_year | HQ Location |
Blockchain platform for asset creation and transaction relaying is maintained.
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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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Frequently Asked Questions about ThoreCoin
When was ThoreCoin founded?
ThoreCoin was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is ThoreCoin located?
ThoreCoin is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Is ThoreCoin a funded company?
ThoreCoin is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Jun 23, 2023.
What does ThoreCoin do?
Founded in 2018 in Kolkata, India, ThoreCoin operates in the fintech and blockchain sector. A platform is developed to offer security tokens, enabling investments in digital asset portfolios and multiple cryptocurrencies through token purchases. Services include tokenization of assets like real estate, support for security token offerings, and management of digital asset emissions. Investors holding THR tokens receive shares in the portfolio, with potential dividends distributed.
Who are the top competitors of ThoreCoin?
ThoreCoin's top competitors include U2U Network, TYB and Beldex.
What products or services does ThoreCoin offer?
ThoreCoin offers ThoreCoin.