About VidHug
VidHug is a company based in London (Canada) founded in 2018 was acquired by Punchbowl in June 2021.. VidHug offers products and services including Group Videos and Shared Albums. VidHug operates in a competitive market with competitors including Skype, Yubo, Nimbuzz, Pronto and Airtime, among others.
- Headquarter London, Canada
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Sectors
Telecommunications
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Phone
*********
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Website
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- Legal Name Sincere Corporation
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Products & Services of VidHug
VidHug offers a comprehensive portfolio of products and services, including Group Videos and Shared Albums. 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.
Tool for requesting and combining video clips for events like birthdays.
Service for collecting and sharing photos with groups for occasions.
Funding Insights of VidHug
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in VidHug
VidHug has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Punchbowl. 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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Digital invitations and greeting cards are sold online for personalization.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by VidHug
| 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 - VidHug
| 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 |
Vidhug Comparisons
Competitors of VidHug
VidHug 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 Skype, Yubo, Nimbuzz, Pronto and Airtime, 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 |
VoIP software for internet video chats and calls is offered.
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Online platform to connect and ,meet new people
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| domain | founded_year | HQ Location |
Cross-platform instant messaging and mobile calling services are offered.
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| domain | founded_year | HQ Location |
A communication platform is provided for seamless real-time connections.
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| domain | founded_year | HQ Location |
Airtime is focused on providing video tools for professional communication.
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| domain | founded_year | HQ Location |
Messaging app for different languages
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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 VidHug
When was VidHug founded?
VidHug was founded in 2018.
Where is VidHug located?
VidHug is headquartered in London, Canada. It is registered at London, Ontario, Canada.
What does VidHug do?
VidHug was founded in 2018 in London, Canada, as an online platform in the video communication sector. Video calling features are provided, allowing users to request clips from participants. These clips are gathered and merged to produce group videos for events such as celebrations and holidays. Operations center on collaborative content creation, with the domain vidhug.com supporting user interactions across geographies.
What products or services does VidHug offer?
VidHug offers Group Videos and Shared Albums.
Who are VidHug's investors?
VidHug has 1 investor. Key investors include Punchbowl.