Techclove Technologies Pvt. Ltd.
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Techclove Technologies Pvt. Ltd. - overview
Established
2013
Location
Hyderabad, Telangana, India
Primary Industry
Media
About
Techclove Technologies Pvt. Ltd. develops innovative privacy and security solutions aimed at enhancing online user anonymity and data protection through advanced technologies. Founded in 2013, Techclove Technologies Pvt.
Ltd. is based in Hyderabad, India, and focuses on providing security solutions through its private browsing application. The company has successfully completed five deals, with its most recent funding round being a Seed round in April 2019, raising USD 0. 24 mn from Indian Angel Network and M12.
The total amount raised by the company amounts to USD 0. 24 mn. No changes in business strategy or operations have been noted since its inception. The company specializes in offering innovative privacy and security solutions primarily through its flagship product, a private browsing application designed to enhance user anonymity and data protection online.
This application functions by allowing users to navigate the web without leaving digital footprints, utilizing advanced encryption technologies to secure their data against unauthorized access. The end use cases target individuals concerned about online tracking, data leaks, and general privacy violations, effectively catering to a diverse user base that includes both individual consumers and enterprise clients seeking to safeguard sensitive information. The product has gained traction in various geographical markets, including North America, Europe, and parts of Asia, where growing concerns around online privacy and data protection regulations have heightened demand for such solutions. For the most recent year, 2023, Techclove Technologies Pvt.
Ltd. reported a revenue of USD 4,124. 20 and an EBITDA of USD 4,124. 20.
The company's revenue model is primarily structured around subscription services, with users paying a recurring fee for continued access to its private browsing application, which targets both individual users and business clients requiring enhanced security features. Techclove Technologies Pvt. Ltd. aims to expand its product offerings and enter new markets as part of its growth strategy.
The company is reportedly developing new features for its private browsing application, although specific release dates have not been disclosed. Additionally, Techclove is working on expanding its presence in North America and Europe by 2025. The recent Seed funding of USD 0. 24 mn will be utilized to support these product developments and market expansion initiatives.
Current Investors
Indian Angel Network, M12, Pragnya Advisors
Primary Industry
Media
Sub Industries
Advertising Agencies & Media Buyers, Web Applications, Analytics & Performance Software, Digital Media
Website
www.flatpebble.com
Verticals
E-commerce
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Techclove Technologies Pvt. Ltd. - timeline of key events
Techclove Technologies Pvt. Ltd. - financials
| Fiscal Year Ended | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 2,003,578 | 1,485,006 | 1,887,543 | 4,831,437 | 10,173,368 | 4,219,542 | - | - | - |
| % Revenue Growth (YoY) | - | - | (25.9%) | 27.1% | 156.0% | 110.6% | (58.5%) | - | - | - |
| EBITDA (USD) | - | (2,914,473) | (10,017,639) | (15,257,897) | (6,210,506) | (5,103,624) | (10,429,313) | - | - | - |
| Operating Income (USD) | - | (2,914,473) | (10,101,013) | (15,431,533) | (6,400,063) | (5,212,379) | (10,454,061) | - | - | - |
| Operating Margin | - | (145.5%) | (680.2%) | (817.5%) | (132.5%) | (51.2%) | (247.8%) | - | - | - |
| % EBITDA Margin | - | (145.5%) | (674.6%) | (808.3%) | (128.5%) | (50.2%) | (247.2%) | - | - | - |
| NET Income (USD) | (546,886) | (2,872,275) | (9,505,502) | (15,303,291) | (6,050,325) | (5,038,369) | (7,681,102) | - | - | - |
| % Net Margin | - | (143.4%) | (640.1%) | (810.8%) | (125.2%) | (49.5%) | (182.0%) | - | - | - |
Techclove Technologies Pvt. Ltd. - employee data
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