About Vitra
Vitra is a company based in Bengaluru (India) founded in 2020 by Tata Venkatarathnam Sukanya, Uma Jagannath, Satvik K Jagannath, and Akash Nidhi P S.. Vitra has raised $4.44 million across 6 funding rounds from investors including India Infoline, Mumbai Angels and Concept Communication. The company has 23 employees as of April 07, 2024. Vitra offers products and services including Short.video, Translate.video, Translate.photo, and Translate.website. Vitra operates in a competitive market with competitors including Verbit, 3Play Media, AppTek, Zeemo and Camb.ai, among others.
- Headquarter Bengaluru, India
- Employees 23 as on 07 Apr, 2024
- Founders Tata Venkatarathnam Sukanya, Uma Jagannath, Satvik K Jagannath, Akash Nidhi P S
- Stage Minicorn
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Sectors
TechnologyMedia & Entertainment
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Email
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Phone
*********
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Website
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Social
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- Legal Name Apex Future Labs Private Limited
- Date of Incorporation 19 Jun, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$166.58 K (USD)63.9as on Mar 31, 2023
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Net Profit
$-232.88 K (USD)-54.15as on Mar 31, 2023
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EBITDA
$-223.72 K (USD)-51.67as on Mar 31, 2023
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Total Equity Funding
$4.44 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
India Infoline
& 11 more
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Employee Count
23
as on Apr 07, 2024
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Products & Services of Vitra
Vitra offers a comprehensive portfolio of products and services, including Short.video, Translate.video, Translate.photo, and Translate.website. 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.
Generates short videos for social platforms using AI scripts.
Translates and dubs videos in over 75 languages.
Localizes images while preserving design elements.
Converts websites into multiple languages for global access.
Funding Insights of Vitra
Vitra has successfully raised a total of $4.44M across 6 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 6
- Last Round Last Round
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First Round
First Round
(01 Jun 2020)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - Vitra | Valuation |
investors |
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| Aug, 2023 | Amount | Seed - Vitra | Valuation | Inflexor | |
| Sep, 2022 | Amount | Grant - Vitra | 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 Vitra
Vitra has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include India Infoline, Mumbai Angels and Concept Communication. 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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Venture capital firm investing in technology and deep tech startups with a focus on innovative solutions.
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Founded Year | Domain | Location | |
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Founded Year | Domain | Location | |
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E-commerce startup acceleration and innovation programs focused on technology and partnerships in India.
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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 Vitra
| 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 - Vitra
| 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 |
Vitra Comparisons
Competitors of Vitra
Vitra 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 Verbit, 3Play Media, AppTek, Zeemo and Camb.ai, 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 |
Speech recognition applications are developed via cloud-based AI platform.
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| domain | founded_year | HQ Location |
Captioning, transcription, and translation solutions are supplied to enterprises.
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| domain | founded_year | HQ Location |
Develops AI for speech recognition, machine translation, and natural language processing.
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| domain | founded_year | HQ Location |
AI-driven video subtitling and transcription platform is operated.
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| domain | founded_year | HQ Location |
Video content is dubbed in various languages using AI technology.
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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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Latest news on Vitra
Frequently Asked Questions about Vitra
When was Vitra founded?
Vitra was founded in 2020.
Where is Vitra located?
Vitra is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Vitra?
Satvik K Jagannath is the current CEO of Vitra. They have also founded this company.
Is Vitra a funded company?
Vitra is a funded company, having raised a total of $4.44M across 6 funding rounds to date. The company's 1st funding round was a Grant of $25K, raised on Jun 01, 2020.
How many employees does Vitra have?
As of Apr 07, 2024, the latest employee count at Vitra is 23.
What is the annual revenue of Vitra?
Annual revenue of Vitra is $166.58K as on Mar 31, 2023.
What does Vitra do?
Vitra was founded in 2020 in Bengaluru, India, as a cloud-based platform focused on multimedia translation and localization for enterprises. Generative AI is leveraged to deliver real-time translation, subtitling, and transcription for videos, images, and websites. Video dubbing processes are streamlined through AI-driven voice cloning and lip-sync capabilities. Services encompass user-generated content handling, content translation, and production support within the AI and media sector.
Who are the top competitors of Vitra?
Vitra's top competitors include Verbit, 3Play Media and EzDubs.
What products or services does Vitra offer?
Vitra offers Short.video, Translate.video, Translate.photo, and Translate.website.
Who are Vitra's investors?
Vitra has 12 investors. Key investors include India Infoline, Mumbai Angels, Concept Communication, Inflexor, and 2am VC.
What is Vitra's valuation?
The valuation of Vitra is $5.16M as of Aug 2023.
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