# Inkfruit

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

- Industry: Retail
- Headquarters: Mumbai, India
- Website: www.inkfruit.com
- Total disclosed funding: $3M
- Latest round: Series A (Jan 25, 2011)
- Investors on record: 1

## About

Inkfruit is a digital news portal that focuses on delivering insights into angel numbers, cryptocurrency, and blockchain technology, aiming to inform and engage a diverse audience.Inkfruit operates as a news portal that provides updates and educational content on various topics such as angel numbers and cryptocurrency. The company is headquartered in Mumbai, India. In February 2013, Inkfruit was acquired by Zovi, a portfolio company of SAIF Partners India and Tiger Global Management. The company has raised a total of USD 3.00 mn during its funding journey, with the latest funding round being Series A, led by Elevation Capital. This round raised USD 3.00 mn, marking the total amount raised by Inkfruit.Inkfruit primarily functions as a news portal, offering a wide array of updates and articles focused on angel numbers, cryptocurrency, and blockchain technology. The platform provides educational content that delves into the significance of various angel numbers and the mechanics of cryptocurrencies such as Cardano and Dogecoin. By delivering in-depth analyses, Inkfruit engages a broad audience interested in spiritual insights and technological developments, catering to both individuals seeking knowledge on numerology and cryptocurrency enthusiasts looking for trends in digital finance. The company’s services are accessible online, reaching a global audience without geographical constraints.In 2023, Inkfruit reported a revenue of USD 0.00. The company's EBITDA for the same year was USD -284.1. Inkfruit generates revenue mainly through its digital content and advertising, leveraging the interests of its niche audience. It collaborates with advertisers aiming to connect with its readership, establishing a B2B model that facilitates transactions based on impressions or clicks. By focusing on relevant and engaging content, Inkfruit attracts a steady visitor base and creates revenue opportunities through targeted advertising campaigns.Inkfruit's strategy for future growth includes exploring new products that are currently under design, with specific launch dates yet to be disclosed. The company is planning to expand into new markets, although specific geographic regions targeted for expansion have not been mentioned. The recent funding from the Series A round will be utilized to support these growth initiatives, ensuring that Inkfruit can enhance its product offerings and increase its market presence. Additionally, the acquisition by Zovi may influence strategic decisions moving forward.

## Funding rounds

- Series A, Jan 25, 2011, $3M — Elevation Capital

## Investors

- Elevation Capital — Series A