What is SwipeTelecom?
Operating within the Newspapers & News Services industry, SwipeTelecom is headquartered in Irving, Texas. The company employs between 50 to 99 individuals and generates an estimated revenue of $10 million to $25 million. Its business model is centered around news dissemination and related services, positioning it within a dynamic and evolving media sector.
How much funding has SwipeTelecom raised?
SwipeTelecom has raised a total of $14.9M across 2 funding rounds:
Series A
$10M
Private Equity
$4.9M
Series A (2012): $10M with participation from Mantra Ventures
Private Equity (2014): $4.9M led by Kalaari Capital
Key Investors in SwipeTelecom
Mantra Ventures
Mantra Ventures, operating from mantraventures.in, is an investment firm that participated in SwipeTelecom's funding round. While specific details on their investment focus are not provided, their involvement suggests an interest in companies within SwipeTelecom's operational sphere.
Kalaari Capital
Kalaari Capital is a venture capital firm focused on investing in early-stage technology companies in India. The firm aims to support startups across various sectors, including FMCG, eCommerce, and SaaS, by providing capital and strategic guidance. Their portfolio includes innovative companies like ElasticRun, Eloelo, and Zluri, which leverage technology to enhance their operations and customer engagement. Kalaari Capital is dedicated to fostering the growth of India's startup ecosystem and empowering entrepreneurs to build scalable businesses.
What's next for SwipeTelecom?
The recent major strategic investment in SwipeTelecom, following its Series A financing, suggests a trajectory towards scaling operations and expanding market reach. This capital infusion is likely to fuel further development in its news services, potentially through technological advancements or strategic partnerships. The company's sustained access to significant funding indicates investor confidence in its long-term growth potential and its ability to navigate the competitive media industry.
See full SwipeTelecom company page
