About Turaco Mobile
Turaco Mobile is a Technology company based in Bengaluru (India) founded in 2014. Mobile marketing platform provided for merchants targeted messaging. Turaco Mobile has raised $373.05 thousand across 2 funding rounds from investors including Govind Khanchustambham, Brand Capital and Perraju Bendapudi. Turaco Mobile was last valued at $3.31 million in May 2017. Its Indian entity Turaco Mobile Private Limited reported revenue of ₹1.3 Lakh. Its focus areas include Enterprise Applications, MarketingTech and Mobile Marketing.
Company details
Turaco Mobile was founded in 2014 and is headquartered in Bengaluru, India. A mobile marketing platform is operated by the company to serve merchants in the digital communications sector. Its core product, GreatBuyz, facilitates the delivery of deals, promotions, and offers via channels including SMS, email, and social media. User interests are followed within the app to ensure messages are sent only to relevant recipients, supporting interest-based marketing operations.
- Headquarters Bengaluru, India
- Stage Minicorn
- SectorsTechnology
- Website turacomobile.com
- Legal Name Turaco Mobile Private Limited
- Date of Incorporation 27 Dec, 2013
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.3 Lakh
FY 2022 · -99% YoY
- Net Loss-₹1.4 Lakh
FY 2022 · -106% margin
- EBITDA-₹1.2 Lakh
FY 2022 · -95% margin
- Total Equity Funding$373.05K (USD)
in 2 rounds
- Latest Funding Round$61.88K (USD), Seed
May 2017
- InvestorsBrand Capital
& 10 more
Associated legal entities of Turaco Mobile
Turaco Mobile operates through Turaco Mobile Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Turaco Mobile Private Limited CIN U72200KA2013PTC072731 | Active | 27 Dec 2013 | Bangalore, Karnataka | ₹0.0 Cr | 2 | View details |
Funding Insights of Turaco Mobile
Turaco Mobile has successfully raised a total of $373.05K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $61.88 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 $373,054
- Total Rounds 2
- Last Round Seed — $61,876
- First Round $311,178
(May 2014)
- Investors Count 11
All 2 funding rounds of Turaco Mobile 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 |
|---|---|---|---|---|---|
| May 2017 | $61,876 | Seed | $3.31M | Brand Capital | |
| May 2014 | $311,178 | Seed | $3.3M | Perraju Bendapudi |
| Date | Valuation | Stage |
|---|---|---|
| May 2017 | $3.31M | •••••••• |
| May 2014 | $3.3M | •••••••• |
Last known valuation $3.31M (May 2017). 11 investors in total: 2 institutional and 9 angel.
Investors in Turaco Mobile
Turaco Mobile has secured backing from 11 investors, including angel and venture fund investors. Prominent investors backing the company include Govind Khanchustambham, Brand Capital and Perraju Bendapudi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in early-stage startups are made by Brand Capital. | brandcapital.co.in | Mumbai, India | ||
GK Govind Khanchustambham | unknown_493a1ee9cf7347c1a | |||
PB Perraju Bendapudi | Angel investor and advisor, ex-Microsoft, focused on tech startups | unknown_e757baa21bc547b78 | ||
PN Phanindra Neti | unknown_1f8e733aa0eb458bb | |||
JB Jagan Bhamidipati | unknown_7d9031b5b693401aa | |||
DR Dharmendra Rangain | unknown_95d437d8210b4ae2a | |||
SN Srinivas Neti | Angel investor and tech entrepreneur, focused on early-stage Indian startups. | unknown_40bed495f4094a8c8 | ||
LT Lakshminarayan Tuttagunta | unknown_e8ee2ca4218f45ab9 | |||
DV D Venkataratnam | unknown_38250432074b4f0f9 | |||
AB Aparna Bonda | unknown_dc53c4e1c225444ca |
Investor details for Turaco Mobile
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Turaco Mobile Private Limited (Turaco Mobile)
Turaco Mobile Private Limited is the primary company behind Turaco Mobile. The board of Turaco Mobile Private Limited currently have 2 directors; the longest-serving is Srinivas Nagendra Mogalapalli, appointed in 2013.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srinivas Nagendra Mogalapalli DIN 06733673 | Director | 27 Dec 2013 | 12 yrs 10 mo | Turaco Mobile Private Limited |
| Jyotsna Mogalapalli DIN 06733668 | Director | 27 Dec 2013 | 12 yrs 10 mo | Turaco Mobile Private Limited |
Financials of Turaco Mobile
Figures of Turaco Mobile Private Limited, the primary company behind Turaco Mobile, for FY 2022. Revenue was ₹1.3 Lakh (-99% year on year). Net loss was -₹1.4 Lakh (-106% margin). EBITDA was -₹1.2 Lakh (-95% margin). Revenue has grown at a compounded annual rate of -49% over three years and -63% over five years.
- ₹1.3 LakhRevenue · FY 2022 · -99% YoY
- -₹1.4 LakhNet loss · -106% margin
- -₹1.2 LakhEBITDA · -95% margin
- ₹1.1 LakhPaid-up capital
- -49%Revenue CAGR, 3 years
- -63%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Turaco Mobile Private Limited are on its company page.
Detailed financial statements for Turaco Mobile
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 Turaco Mobile
4 dated milestones of Turaco Mobile across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Turaco Mobile is founded.
- Funding First funding round of $311K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $62K.
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Frequently Asked Questions about Turaco Mobile
Turaco Mobile was founded in 2014.
Turaco Mobile is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Turaco Mobile is a funded company, having raised a total of $373.05K across 2 funding rounds to date. The company's 1st funding round was a Seed of $311.18K, raised on May 2014.
The primary company behind Turaco Mobile, Turaco Mobile Private Limited, reported revenue of ₹1.3 Lakh for FY 2022, down 99% year on year.
Turaco Mobile was founded in 2014 and is headquartered in Bengaluru, India. A mobile marketing platform is operated by the company to serve merchants in the digital communications sector. Its core product, GreatBuyz, facilitates the delivery of deals, promotions, and offers via channels including SMS, email, and social media. User interests are followed within the app to ensure messages are sent only to relevant recipients, supporting interest-based marketing operations.
Turaco Mobile has 11 investors. Key investors include Govind Khanchustambham, Brand Capital, Perraju Bendapudi, Phanindra Neti, and Jagan Bhamidipati.
The valuation of Turaco Mobile is $3.31M as of May 2017.
Turaco Mobile operates through Turaco Mobile Private Limited.
The legal entities of Turaco Mobile currently have 2 directors, including Srinivas Nagendra Mogalapalli, Jyotsna Mogalapalli.