About Varaha Studio
Varaha Studio was a Technology company based in Hyderabad (India) founded in 2019 by Mohan Ponnada. It delivers AI-powered mixed reality trial rooms to enhance the retail shopping experience. It operates on a B2B model. Varaha Studio has raised $36.49 thousand across 1 funding round from investors including Tammireddy Krishna Gopal, Diwakar Raparthi and Kiran Darisi. Varaha Studio was last valued at $642.04 thousand in July 2019. Its Indian entity Varaha Innovation Studios And Technologies Private Limited reported revenue of ₹33.6 Lakh. The company is recorded as dissolved. Its focus areas include Augmented Reality, Retail Solutions and AI-Enabled Trial Rooms.
Company details
Varaha Studio delivers ai-powered mixed reality trial rooms to enhance the retail shopping experience, focusing on leveraging cutting-edge technology, creating AR experiences, retail solutions, and ai-enabled trial rooms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Hyderabad, India
- Founders Mohan Ponnada
- SectorsTechnology
- Website varahastudio.com
- Social X Facebook
- Legal Name Varaha Innovation Studios And Technologies Private Limited
- Date of Incorporation 30 Jul, 2018
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹33.6 Lakh
FY 2023 · +150% YoY
- Net Profit₹2.7 Lakh
FY 2023 · 8% margin
- EBITDA₹4.2 Lakh
FY 2023 · 12% margin
- Total Equity Funding$36.49K (USD)
in 1 rounds
- Latest Funding Round$36.49K (USD), Angel Round
Jul 2019
Associated legal entities of Varaha Studio
Varaha Studio operates through Varaha Innovation Studios And Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Varaha Innovation Studios And Technologies Private Limited CIN U74999TG2018PTC125896 | Active | 30 Jul 2018 | Hyderabad, Telangana | ₹0.3 Cr | 2 | View details |
Funding Insights of Varaha Studio
Varaha Studio has successfully raised a total of $36.49K through 1 strategic funding round. The most recent funding activity was a Angel Round of $36.49 thousand completed in July 2019. 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 $36,490
- Total Rounds 1
- Last Round Angel Round — $36,490
- First Round $36,490
(Jul 2019)
- Investors Count 4
All 1 funding rounds of Varaha Studio 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 |
|---|---|---|---|---|---|
| Jul 2019 | $36,490 | Angel Round | $642,036 | Tammireddy Krishna Gopal, Diwakar Raparthi | – |
Last known valuation $642,036 (Jul 2019). 4 investors in total: 0 institutional and 4 angel.
Investors in Varaha Studio
Varaha Studio has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Tammireddy Krishna Gopal, Diwakar Raparthi and Kiran Darisi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
TK Tammireddy Krishna Gopal | unknown_ea95f82671f24717a | |||
DR Diwakar Raparthi | unknown_ac84ea32a969478e8 | |||
KD Kiran Darisi | unknown_79db33fa191e4f8d9 | |||
SP Shravan Panuganti | unknown_08ffbe5ef0c040af9 |
Investor details for Varaha Studio
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 Varaha Innovation Studios And Technologies Private Limited (Varaha Studio)
Varaha Innovation Studios And Technologies Private Limited is the primary company behind Varaha Studio. The board of Varaha Innovation Studios And Technologies Private Limited currently have 2 directors; the longest-serving is Susarla Srivani, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Susarla Srivani DIN 07615795 | Director | 30 Jul 2018 | 8 yrs 3 mo | Varaha Innovation Studios And Technologies Private Limited |
| Mohan Kuldeep Ponnada DIN 03030607 | Director | 30 Jul 2018 | 8 yrs 3 mo | Varaha Innovation Studios And Technologies Private Limited |
People of Varaha Studio
1 people are tracked at Varaha Studio (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Varaha Studio
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Varaha Studio
Figures of Varaha Innovation Studios And Technologies Private Limited, the primary company behind Varaha Studio, for FY 2023. Revenue was ₹33.6 Lakh (+150% year on year). Net profit was ₹2.7 Lakh (8% margin). EBITDA was ₹4.2 Lakh (12% margin). Revenue has grown at a compounded annual rate of +58% over three years.
- ₹33.6 LakhRevenue · FY 2023 · +150% YoY
- ₹2.7 LakhNet profit · 8% margin
- ₹4.2 LakhEBITDA · 12% margin
- ₹1.1 LakhPaid-up capital
- +58%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Varaha Innovation Studios And Technologies Private Limited are on its company page.
Detailed financial statements for Varaha Studio
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 Varaha Studio
2 dated milestones of Varaha Studio, from founding to its latest funding, stage changes and deals.
- Founded Varaha Studio is founded.
- Funding First funding round of $36K.
Top companies in AI in Retail
3 companies that operate in the same segment as Varaha Studio (AI in Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Emotion AI platform providing insights for marketing, UX, and consumer behavior analysis. | Bengaluru, Karnataka, India | USD 9.84 M | USD 5.7 M | 153 | ||
AI platform enhances e-commerce sites with personalized responses and sales optimization. | 2016 | Vadodara, Gujarat, India | USD 2.23 M | USD 69.93 K | ||
Offers AI-powered insights for eCommerce analytics, competitor monitoring, and digital shelf optimization. | 2022 | Bengaluru, Karnataka, India | USD 2.07 M | 69 |
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Frequently Asked Questions about Varaha Studio
Varaha Studio was founded in 2019.
Varaha Studio is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Varaha Studio is a funded company, having raised a total of $36.49K across 1 funding round to date. The company's 1st funding round was a Angel Round of $36.49K, raised on Jul 2019.
The primary company behind Varaha Studio, Varaha Innovation Studios And Technologies Private Limited, reported revenue of ₹33.6 Lakh for FY 2023, up 150% year on year.
Varaha Studio delivers ai-powered mixed reality trial rooms to enhance the retail shopping experience, focusing on leveraging cutting-edge technology, creating AR experiences, retail solutions, and ai-enabled trial rooms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Varaha Studio has 4 investors. Key investors include Tammireddy Krishna Gopal, Diwakar Raparthi, Kiran Darisi, and Shravan Panuganti.
The valuation of Varaha Studio is $642.04K as of Jul 2019.
Varaha Studio operates through Varaha Innovation Studios And Technologies Private Limited.
The legal entities of Varaha Studio currently have 2 directors, including Susarla Srivani, Mohan Kuldeep Ponnada.