About Zenify
Zenify is a company based in Bengaluru (India) founded in 2012 was acquired by NestAway in May 2017.. Zenify has raised $1.63 million across 2 funding rounds from investors including NestAway, MSC Srikanth and M Bharath. The company has 66 employees as of April 04, 2024. Zenify offers products and services including News Platform. Zenify operates in a competitive market with competitors including Yahoo, QQ, Sina, Mic and HuffPost, among others.
- Headquarter Bengaluru, India
- Employees 66 as on 04 Apr, 2024
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name City Synapse Information Private Limited
- Date of Incorporation 04 Jun, 2009
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$673 K (USD)-5.82as on Mar 31, 2019
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Net Profit
$-57.16 K (USD)93.81as on Mar 31, 2019
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EBITDA
$161.95 K (USD)123.84as on Mar 31, 2019
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Total Equity Funding
$1.63 M (USD)
in 2 rounds
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Latest Funding Round
$900 K (USD), Seed
May 11, 2016
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Investors
NestAway
& 3 more
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Employee Count
66
as on Apr 04, 2024
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Acquired by
NestAway
(May 08, 2017)
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Products & Services of Zenify
Zenify offers a comprehensive portfolio of products and services, including News Platform. 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.
Offers online articles on technology and sports news
Funding Insights of Zenify
Zenify has successfully raised a total of $1.63M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $900 thousand completed in May 2016. 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 2
- Last Round Seed — $900,000
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First Round
First Round
(01 Jun 2012)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Seed - Zenify | Valuation |
investors |
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| Jun, 2012 | Amount | Angel Round - Zenify | Valuation | MSC Srikanth , M Bharath |
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| 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 Zenify
Zenify has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include NestAway, MSC Srikanth and M Bharath. 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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Rental properties are booked via an online marketplace platform.
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Founded Year | Domain | Location | |
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MS
MSC Srikanth |
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Founded Year | Domain | Location |
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MB
M Bharath |
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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 Zenify
| 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 - Zenify
| 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 |
Zenify Comparisons
Competitors of Zenify
Zenify 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 Yahoo, QQ, Sina, Mic and HuffPost, 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 |
News, insights, and services are delivered via an online platform.
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| domain | founded_year | HQ Location |
Multi-category news is delivered through an online platform.
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| domain | founded_year | HQ Location |
Provider of product testing and review services
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| domain | founded_year | HQ Location |
Mic is operated as a digital media platform for news and culture.
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| domain | founded_year | HQ Location |
Digital news and opinion content are published online by HuffPost.
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| domain | founded_year | HQ Location |
News on multiple categories is delivered via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Zenify
Frequently Asked Questions about Zenify
When was Zenify founded?
Zenify was founded in 2012.
Where is Zenify located?
Zenify is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Zenify a funded company?
Zenify is a funded company, having raised a total of $1.63M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $727.34K, raised on Jun 01, 2012.
How many employees does Zenify have?
As of Apr 04, 2024, the latest employee count at Zenify is 66.
What is the annual revenue of Zenify?
Annual revenue of Zenify is $673K as on Mar 31, 2019.
What does Zenify do?
Founded in 2012 in Bengaluru, India, Zenify operates in the property management sector. Residential flats are acquired on short- or long-term leases and managed to provide owners with guaranteed rental income, alongside maintenance services. Commissions are collected from both property owners and tenants. Operations cover approximately 1200 flats, with over 1000 occupied, and expansion is planned across India following a 900K pre-series A funding round in 2016.
What products or services does Zenify offer?
Zenify offers News Platform.
Who are Zenify's investors?
Zenify has 4 investors. Key investors include NestAway, MSC Srikanth, M Bharath, and Atul Jalan.
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