About Xwards
Xwards was a Media & Entertainment company based in Bengaluru (India) founded in 2017. It operates an in-transit ad exchange and content management software. It operates on a B2B model. Xwards has raised $133.38 thousand across 2 funding rounds from investors including Saurabh Dubey, Unadkat Kamlesh P and Saurabh Dubey. Xwards was last valued at $844.95 thousand in July 2019. Its Indian entity Xwards Services Private Limited reported revenue of ₹7 Lakh. The company is recorded as dissolved. Its focus areas include Advertising and Media, Digital Advertising, Ad Tech and In-Transit Solutions.
Company details
Xwards, backed by 133375.0 from Saurabh Dubey, Unadkat Kamlesh P, Saurabh Dubey, focuses on advertising and media, offering digital advertising, ad tech, and in-transit solutions. Operates an in-transit ad exchange and content management software. Driving innovation, growth, and excellence in its industry sectors.
- Headquarters Bengaluru, India
- SectorsMedia & Entertainment
- Website xwards.com
- Social X Facebook
- Legal Name Xwards Services Private Limited
- Date of Incorporation 07 Sep, 2017
- Jurisdiction Kerala, India
- Annual Revenue₹7 Lakh
FY 2019 · +561% YoY
- Net Loss-₹28.2 Lakh
FY 2019 · -404% margin
- EBITDA-₹25.1 Lakh
FY 2019 · -359% margin
- Total Equity Funding$133.38K (USD)
in 2 rounds
- Latest Funding Round$59K (USD), Angel Round
Jul 2019
Associated legal entities of Xwards
Xwards operates through Xwards Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Xwards Services Private Limited CIN U74999KL2017PTC050348 | Active | 07 Sep 2017 | ₹0.1 Cr | 4 | View details |
Funding Insights of Xwards
Xwards has successfully raised a total of $133.38K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $59 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 $133,375
- Total Rounds 2
- Last Round Angel Round — $58,997
- First Round $74,378
(Jun 2018)
- Investors Count 3
All 2 funding rounds of Xwards 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 | $58,997 | Angel Round | $844,954 | Saurabh Dubey, Unadkat Kamlesh P | – |
| Jun 2018 | $74,378 | Seed | $541,239 | – | – |
Last known valuation $844,954 (Jul 2019). 3 investors in total: 0 institutional and 3 angel.
Investors in Xwards
Xwards has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Saurabh Dubey, Unadkat Kamlesh P and Saurabh Dubey.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SD Saurabh Dubey | unknown_7f901b65331542269 | |||
UK Unadkat Kamlesh P | unknown_6e109f8847a840368 | |||
SD Saurabh Dubey | unknown_10ce932825c0488aa |
Investor details for Xwards
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 Xwards Services Private Limited (Xwards)
Xwards Services Private Limited is the primary company behind Xwards. The board of Xwards Services Private Limited currently have 4 directors; the longest-serving is Joseph Jagan Mulakanchira, appointed in 2017. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Joseph Jagan Mulakanchira DIN 07867018 | Director | 07 Sep 2017 | 9 yrs 1 mo | Xwards Services Private Limited |
| Ramachandra Murty Akula DIN 08144470 | Director | 25 Sep 2018 | 8 yrs 1 mo | Xwards Services Private Limited |
| Kamlesh Unadkat DIN 08497789 | Director | 16 Jul 2019 | 7 yrs 3 mo | Xwards Services Private Limited |
| Saurabh Dubey DIN 08493961 | Director | 16 Jul 2019 | 7 yrs 3 mo | Xwards Services Private Limited |
Financials of Xwards
Figures of Xwards Services Private Limited, the primary company behind Xwards, for FY 2019. Revenue was ₹7 Lakh (+561% year on year). Net loss was -₹28.2 Lakh (-404% margin). EBITDA was -₹25.1 Lakh (-359% margin).
- ₹7 LakhRevenue · FY 2019 · +561% YoY
- -₹28.2 LakhNet loss · -404% margin
- -₹25.1 LakhEBITDA · -359% margin
- ₹6.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Xwards Services Private Limited are on its company page.
Detailed financial statements for Xwards
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 Xwards
3 dated milestones of Xwards across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Xwards is founded.
- Funding First funding round of $74K.
- Funding Latest funding round, Angel Round, of $59K.
Top companies in Advertising & Marketing Tech
2 companies that operate in the same segment as Xwards (Advertising & Marketing Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering mobile ad network software | 2007 | Bengaluru, Karnataka, India | USD 265.6 M | USD 268.38 M | 733 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | USD 73.11 M | 493 |
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Frequently Asked Questions about Xwards
Xwards was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Xwards is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Xwards is a funded company, having raised a total of $133.38K across 2 funding rounds to date. The company's 1st funding round was a Seed of $74.38K, raised on Jun 2018.
The primary company behind Xwards, Xwards Services Private Limited, reported revenue of ₹7 Lakh for FY 2019, up 561% year on year.
Xwards, backed by 133375.0 from Saurabh Dubey, Unadkat Kamlesh P, Saurabh Dubey, focuses on advertising and media, offering digital advertising, ad tech, and in-transit solutions. Operates an in-transit ad exchange and content management software. Driving innovation, growth, and excellence in its industry sectors.
Xwards has 3 investors. Key investors include Saurabh Dubey, Unadkat Kamlesh P, and Saurabh Dubey.
The valuation of Xwards is $844.95K as of Jul 2019.
Xwards operates through Xwards Services Private Limited.
The legal entities of Xwards currently have 4 directors, including Kamlesh Unadkat, Ramachandra Murty Akula, Saurabh Dubey and others.