NeoStencil India Private Limited

NeoStencil India Private Limited offers a premium domain name platform, specializing in buying and leasing high-value domains, catering to diverse clientele including businesses and entrepreneurs, thereby enhancing their online presence. Founded in 2014, NeoStencil India Private Limited operates in Gurgaon, India, providing a platform for domain transactions. In December 2020, it was acquired by Sorting Hat Technologies Private Limited from previous investors including 91SpringBoard, Brand Capital, and Paragon Trust Company. The company has successfully completed three funding rounds, with the most recent being a SEED round in which it raised INR 66.

700 mn from 91SpringBoard, Brand Capital, and Paragon Trust Company, bringing the total amount raised to INR 66. 700 mn. NeoStencil India Private Limited primarily offers the premium domain name neostencil. com, available for both purchase and lease.

Clients can choose between a one-time purchase price of USD 8,911 or a lease-to-own option priced at USD 409 per month. This approach caters to a variety of users, including startups and established businesses, facilitating their digital branding needs across North America and other global markets. In the most recent fiscal year 2021, NeoStencil India Private Limited reported a revenue of INR 1,067,413. 70 and an EBITDA of INR 104,848.

The company generates revenue through the sale and leasing of domain names, allowing clients to pay either upfront or via a lease-to-own agreement, thus ensuring a diversified revenue stream. Looking ahead, NeoStencil India Private Limited plans to launch new products aimed at enhancing their domain offering and expanding into new markets across Asia and Europe by the end of 2022. The recent SEED funding round will be utilized to support these initiatives, particularly focusing on product development and market entry strategies. The company's acquisition by Sorting Hat Technologies Private Limited positions it to leverage additional resources for growth and expansion.