About Touchfone Technology
Touchfone Technology is a company based in Bengaluru (India) founded in 2009 by Sunil Kallerackal was acquired by ScoopWhoop in December 2016.. Touchfone Technology has raised $212.42 thousand across 3 funding rounds from investors including ScoopWhoop, Microsoft Accelerator and Sangeetha. Touchfone Technology operates in a competitive market with competitors including Dejero, Signiant, Zixi, LTN Global and Omnistream, among others.
- Headquarter Bengaluru, India
- Founders Sunil Kallerackal
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Touchfone Technology India Private Limited
- Date of Incorporation 19 Feb, 2009
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$117.02 K (USD)51.98as on Mar 31, 2015
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Net Profit
$24.88 K (USD)117.29as on Mar 31, 2015
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EBITDA
$35.91 K (USD)128.61as on Mar 31, 2015
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Total Equity Funding
$212.42 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
ScoopWhoop
& 3 more
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Employee Count
Employee Count
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Acquired by
ScoopWhoop
(Dec 19, 2016)
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Funding Insights of Touchfone Technology
Touchfone Technology has successfully raised a total of $212.42K across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(01 Jun 2010)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2014 | Amount | Seed - Touchfone Technology | Valuation |
investors |
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| Dec, 2013 | Amount | Angel Round - Touchfone Technology | Valuation | Sangeetha |
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| Jun, 2010 | Amount | Seed - Touchfone Technology | Valuation |
investors |
| 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 Touchfone Technology
Touchfone Technology has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include ScoopWhoop, Microsoft Accelerator and Sangeetha. 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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Enterprise startups are accelerated through Microsoft's global mentoring program.
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Founded Year | Domain | Location | |
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location | |
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India-specific entertainment stories are curated and created.
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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 Touchfone Technology
| 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 - Touchfone Technology
| 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 |
Touchfone Technology Comparisons
Competitors of Touchfone Technology
Touchfone Technology 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 Dejero, Signiant, Zixi, LTN Global and Omnistream, 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 |
Technology solutions provider for broadcasting
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| domain | founded_year | HQ Location |
Cloud-based software solutions for large media file transfers are offered.
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| domain | founded_year | HQ Location |
Cloud-based HD video content distribution solutions provider
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| domain | founded_year | HQ Location |
Broadcast video solutions for content production and distribution are provided.
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| domain | founded_year | HQ Location |
Real-time video and audio broadcasting is enabled via cellular networks.
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| domain | founded_year | HQ Location |
Live video feeds are acquired and managed through cloud infrastructure.
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| 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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Latest news on Touchfone Technology
Frequently Asked Questions about Touchfone Technology
When was Touchfone Technology founded?
Touchfone Technology was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Touchfone Technology located?
Touchfone Technology is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Touchfone Technology a funded company?
Touchfone Technology is a funded company, having raised a total of $212.42K across 3 funding rounds to date. The company's 1st funding round was a Seed of $200K, raised on Jun 01, 2010.
What is the annual revenue of Touchfone Technology?
Annual revenue of Touchfone Technology is $117.02K as on Mar 31, 2015.
What does Touchfone Technology do?
StrmEasy (previously touch-fone.com), is an end-to-end video delivery platform with a specific focus on bandwidth-constrained networks. It addresses the problem of delivering good quality video to any device on any network with low data usage. Their customers include telecoms, OEMs, TV networks, cable channels, education content providers and general entertainment content providers. The company had raised 200,000 from Blume Ventures earlier and have long-term debt funding from their incubators. The company has 6 customers as of Jul 2014. Currently in the process of raising Series A funding (few media sources cite 6M). Currently, the company is being incubated at the Microsoft Accelerator.
Who are the top competitors of Touchfone Technology?
Who are Touchfone Technology's investors?
Touchfone Technology has 4 investors. Key investors include ScoopWhoop, Microsoft Accelerator, Sangeetha, and Blume Ventures.