Bombinate Technologies Private Limited logo

Bombinate Technologies Private Limited

Provides community-based Q&A platform in vernacular languages under brand 'Vokal' since 2015.
2015 | Bangaluru, Karnataka (India) | Active

Last Updated:

December 16, 2024
HomeCompanyBombinate Technologies Private Limited

Who are the key members and board of directors at Bombinate Technologies?

Board Members(2)

NameDesignationAppointment DateStatus
Aprameya Radhakrishna In Director 02-Dec-2015Current
Parinitha In Director 02-Dec-2015Current

Financial Performance of Bombinate Technologies.

Bombinate Technologies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 524.63% increase. The company also saw a substantial fall in profitability, with a 460.28% decrease in profit. The company's net worth Soared by an impressive increase of 343.84%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
524.63%
Revenue from Operations
79.05%
Total Assets
341.92%
Profit or Loss
-460.28%
Net Worth
343.84%
EBITDA
-743.54%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹16.00 Cr

LenderAmountStatus

Others

Creation Date: 13 Feb 2023
₹16.00 CrOpen

How Many Employees Work at Bombinate Technologies?

Bombinate Technologies has a workforce of 120 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Bombinate Technologies

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 16.00 Cr with Charge ID 100721740 was registered on 13 Feb 2023.

    13 Feb 2023

  • Annual General Meeting

    Bombinate Technologies Private Limited last Annual general meeting of members was held on 19 Dec 2022 as per latest MCA records.

    19 Dec 2022

  • Balance Sheet

    Bombinate Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Director Appointment

    Aprameya Radhakrishna was appointed as a Director was appointed as a Director on 02 Dec 2015 & has been associated with this company since 9 years 1 month .

    02 Dec 2015

  • Director Appointment

    Parinitha was appointed as a Director was appointed as a Director on 02 Dec 2015 & has been associated with this company since 9 years 1 month .

    02 Dec 2015

  • Company Incorporation

    Bombinate Technologies Private Limited was registered on 02 Dec 2015 with Roc Bangalore & aged 9 years 1 month as per MCA records.

    02 Dec 2015

Recent News, Updates & Announcement

  • news
  • news
    Dailyhunt likely to acquire Koo, co-founder responds to ‘be patient’.

    News aggregator Dailyhunt is in advanced stages to acquire social media platform Koo, according to reports.The Bengaluru-headquartered social network platform is often touted to be India’s answer to Twitter (now X), and was launched in 2020 amid Twitter’s run-ins with the government over free speech policies.Co-founder Mayank Bidawatka had spoken about exploring a strategic partnership amid the funding winter of 2023 last year.The potential deal, which is likely to be finalised within weeks, is under a share-swap agreement as per sources cited by TechCrunch.Taking to LinkedIn, Bidawatka said the company is in talks with multiple partners to help the platform grow organically.“Our responsibility towards a wider community of stakeholders (users, creators, VIPs, investors, policy makers, media) forces us to not share anything prematurely while we'd like to say more. Requesting your patience till we can share more concrete details of this partnership that will help Koo take wings in an organic manner and help challenge global competitors in a meaningful way,” he said.Koo has raised about $66 million from the likes of Tiger Global, 3one4 Capital, Blume Ventures and Accel, as per data platform Tracxn.Co-founded by Bidawatka and Aprameya Radhakrishnan, the app also expanded to markets like Brazil.In his September 2023 post, Bidawatka said the company took a 180 degree turn from growing rapidly to cutting down on growth and proving unit economics within six months of revenue generation.“It takes years to build a globally competitive microblog. Even Threads, from the Godfather of social platforms, is taking time to build basic features,” he said.The company has witnessed a decline in users, and also saw 30 per cent of its workforce being laid off in April 2023, its second round of layoffs after letting go of 40 people in 2022.Dailyhunt, founded in 2009, is said to be valued at $5 billion. It offers multi-category news in regional languages. .

    28 Feb 2024 Republic World

  • news
    Startups see 72% funding fall in January-September.

    India News: NEW DELHI: Funding for Indian startups declined by as much as 72% year-on-year to $6..

    29 Sep 2023 Times Of India

  • news
    Local Microblogging Site Koo Seeks Funding or Partnership for Growth Amidst Twitter Comparison and Acquisition Rumors.

    Koo, a local microblogging site, needs money or a partner to grow. They can't get funding easily like other startups. People thought Koo could replace Twitter when they started charging for verified accounts. Some say Koo might get bought, but don't spread rumors. Koo wants to get bigger and can do it with money or a partner who's already big. They believe they can beat their competition with the right support..

    16 Sep 2023 Economic Times

  • news
  • news
    Koo, India’s Twitter alternative, seeks strategic partner amid funding crunch.

    Koo, India’s alternative to Twitter, is looking to find a strategic partner with a “distribution strength” as it enters its “next phase,” according to its co-founder, amid a funding crunch at the startup, which is backed by Accel and Tiger Global. Koo co-founder Mayank Bidawatka wrote in a LinkedIn post Friday that the startup — […].

    15 Sep 2023 TechCrunch

Frequently asked questions

  • Bombinate Technologies Private Limited was incorporated on 02 Dec 2015.

  • The authorized share capital of Bombinate Technologies Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.66 Cr.

  • Currently 2 directors are associated with Bombinate Technologies Private Limited.

    • Aprameya Radhakrishna
    • Parinitha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bombinate Technologies Private Limited is No.320 1St C Cross 3Rd Main 6Th Block 2Nd Phase Banashankari Stage Bengaluru, India, Bangalore South, Karnataka, 560085.

  • The corporate identification number (CIN) of Bombinate Technologies Private Limited is U72900KA2015PTC084475 and the company number is 084475 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bombinate Technologies Private Limited is https://www.kooapp.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Bombinate Technologies Private Limited has risen by 524.63%.

  • As Per 2022 financial reports, 120 employees are currently employed by Bombinate Technologies Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Bombinate Technologies Private Limited has experienced an upsurge of 343.84%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Bombinate Technologies Private Limited amount to ₹ 16.00 Cr.

  • The most recent Balance Sheet for Bombinate Technologies Private Limited was filed with the ROC on 31 Mar 2022.

People also Viewed

Similar Companies Based on Social Networking Platforms