Zovi

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Zovi - overview

Established

2010

Location

Bangalore, Karnataka, India

Primary Industry

Internet

About

Zovi is an online platform specializing in the sale of premium domain names, notably the four-letter domain "Zovi. " The company facilitates memorable online branding for various businesses and entrepreneurs through a straightforward purchasing process. Founded in 2010 and headquartered in Bangalore, India, Zovi specializes in domain name sales. The company has undergone strategic pivots to focus on premium domain offerings.


Zovi raised USD 50. 00 mn in funding on July 29, 2015, led by Paytm, marking a significant investment in its growth. The company has completed a total of 4 deals to date. Zovi.


com offers the premium four-letter domain "Zovi" for sale, characterized by its sleek and bold design, suitable for various business sectors including IT consulting, software development, and messaging applications. The company ensures full ownership of the domain, providing logo design source files and usage rights, facilitating a clear and straightforward purchasing process without hidden fees. Zovi aims to enhance online visibility for businesses across markets in North America, Europe, and Asia. In the most recent year, 2023, Zovi reported a revenue of USD 261,293.


90 and an EBITDA of USD 18,170. 60. The company’s revenue model is based on the sale and lease-to-own arrangements for the domain name, and it utilizes BrandBucket as an exclusive broker for this asset, allowing customers immediate DNS access during the ownership payment period. Zovi aims to expand its product offerings by developing additional premium domain names targeting various business sectors.


The company is also looking to enter new markets in Europe and Asia by the end of 2024. The recent funding of USD 50. 00 mn will be utilized to support these expansions and product developments, enhancing Zovi's presence in the growing domain marketplace.


Current Investors

Elevation Capital, Tiger Global Management, Paytm

Primary Industry

Internet

Sub Industries

Consumer Products, Internet

Website

www.zovi.com

Company Stage

Series B

Total Amount Raised

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