# AppX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/appx

- Industry: Internet
- Headquarters: New Delhi, India
- Website: www.appx.co.in
- Total disclosed funding: $1.3M
- Latest round: Seed (Jan 18, 2022)
- Investors on record: 7

## About

Based in New Delhi, India, and founded in 2020, AppX empowers educators and other creators to launch their personal apps and monetize their audience via courses and premium content. It started with educational creators and now expanded to gaming and fitness creators. As of 2022, the company has 30 employees and 3000 creators on the platform. In August 2021, Appx raised USD 125K in Venture funding led by new investor Y Combinator. In January 2022, Appx raised USD 1.3 million in seed funding led by returning investor Y Combinator, with participation from new investors Rocket Internet SE, Shrug Capital, Soma Capital, and TDV Partners. Individual investors also participated in the round. Also in January 2022, AppX purchased super.page, a website building platform. Co-founders Sameer Sadana and Anuj Gupta head the company as CEO and CTO, respectively. Sadhana has also founded Brainup Studios, an animation and software development studio.

AppX is an EdTech company and online solutions provider working to help creators build mobile apps and websites within the EdTech, fitness, gaming, and skill development industries. When working with the company to build an app, the client would first select UI, when features, and final enter app details. Creators are also able to ebooks, courses, NFTs, and e-commerce businesses to run their own online businesses.

AppX is currently doing USD 1.3 million in monthly Gross Merchandise Volume, and USD 63K in monthly revenue. The company has also been reporting a growth of 30% monthly.

The company aims to use the 2022 funding to increase product offerings, expand worldwide, roll out its tokens, and monetize more efficiently.

## Funding rounds

- Seed, Jan 18, 2022, $1.3M — Rocket Internet SE, Y Combinator, Global Founders Capital, Soma Capital, Shrug Capital, TDV Partners
- Seed, Jul 1, 2021 — Pioneer Fund

## Investors

- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Seed
- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Soma Capital — Seed
- Shrug Capital (https://capitalatlas.ai/funds/shrug-capital) — Seed
- TDV Partners (https://capitalatlas.ai/funds/tdv-partners) — Seed