Wellbeing Studios Pvt. Ltd.
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Wellbeing Studios Pvt. Ltd. - overview
Established
2018
Location
Thrissur, Kerala, India
Primary Industry
Software
About
Based in Thrissur, India, and founded in 2018, Wellbeing Studios Pvt. Ltd. doing business as Premagic is a software for professional photographers to share photos with clients. Anup Mohan is the co-founder and CEO of the company.
In November 2021, Wellbeing Studios Pvt. Ltd. raised INR 20 million in venture funding from 300 ventures and angel investors. The enterprise provides a workflow management tool that helps in recording bookings, photo selection, and final album delivery.
Premagic ensures that the photographer brand is exposed in the process, thereby growing businesses. The company gives its clients the freedom to view and select pictures anywhere, anytime, from any device. Additionally, distant family members can assist clients in photo selection with just one click. The firm uses event management software built for photographers to schedule shoots, select their crew and track their payments and expenses.
The organization plans to use the November 2021 funding in augmenting the engineering team, offering more tools to photographers, and entering addressable markets across key geographies.
Current Investors
300 Ventures
Primary Industry
Software
Sub Industries
Software
Website
www.premagic.com
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Wellbeing Studios Pvt. Ltd. - timeline of key events
Wellbeing Studios Pvt. Ltd. - financials
| Fiscal Year Ended | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 201,990 | 688,128 | 1,402,180 | - | - | - |
| % Revenue Growth (YoY) | - | 240.7% | 103.8% | - | - | - |
| EBITDA (USD) | (83,713) | (278,838) | (1,075,392) | - | - | - |
| Operating Income (USD) | (83,713) | (296,041) | (1,164,021) | - | - | - |
| Operating Margin | (41.4%) | (43.0%) | (83.0%) | - | - | - |
| % EBITDA Margin | (41.4%) | (40.5%) | (76.7%) | - | - | - |
| NET Income (USD) | (83,713) | (294,483) | (1,159,122) | - | - | - |
| % Net Margin | (41.4%) | (42.8%) | (82.7%) | - | - | - |
Wellbeing Studios Pvt. Ltd. - employee data
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