Platify Overview
- Year Founded
-
2016
- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
Platify General Information
Description
Developer of an online AI-based commerce platform designed to change the way users discover and shop. The company's platform offers an application with deep commerce and location-aware services embedded or integrated, enabling users to experience freedom and a whole new way of interacting with their smartphones.
Contact Information
Website
www.platify.coCorporate Office
- C1206, I Life
- Bellandur
- Bangalore, Karnataka 560103
- India
Corporate Office
- C1206, I Life
- Bellandur
- Bangalore, Karnataka 560103
- India
Platify Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | Completed | Generating Revenue | ||||
| 2. Early Stage VC | 30-May-2018 | Completed | Generating Revenue | |||
| 1. Angel (individual) | 07-Aug-2017 | $367K | $367K | Completed | Generating Revenue |
Platify Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Ordinary | ||||||||
| Preference | ||||||||
| Ordinary | 3,376 | $22.43 | $22.43 | 1x | $22.43 | 5.16% | ||
| Ordinary | 1,379 | $27.86 | $27.86 | 1x | $27.86 | 2.11% |
Platify Former Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Windrose Capital (Pune) | Venture Capital | Minority |
Platify FAQs
-
When was Platify founded?
Platify was founded in 2016.
-
Where is Platify headquartered?
Platify is headquartered in Bangalore, India.
-
What industry is Platify in?
Platify’s primary industry is Application Software.
-
Is Platify a private or public company?
Platify is a Private company.
-
What is Platify’s current revenue?
The current revenue for Platify is .
-
How much funding has Platify raised over time?
Platify has raised $628K.
-
Who are Platify’s investors?
and Windrose Capital (Pune) have invested in Platify.
-
Who acquired Platify?
Platify was acquired by RMZ.
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