# PipeCandy

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

- Industry: Software
- Headquarters: Chennai, India
- Website: http://www.pipecandy.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Mar 8, 2017)
- Investors on record: 4

## About

PipeCandy Inc. is a digital services provider focused on enhancing online visibility for businesses through website hosting, domain registration, and digital marketing solutions.Founded in 2016 in Chennai, India, PipeCandy Inc. specializes in digital services aimed at improving businesses' online presence. The company has undergone strategic iterations but has remained focused on its core offerings. The founders, Murali Vivekanandan and Sujay Seetharaman, have previous entrepreneurial experience. PipeCandy has raised a total of INR 73.000 mn through Seed funding, with Axilor Ventures, Chiratae Ventures, Emergent Ventures, and Indian Angel Network as its investors. The latest funding round occurred on February 25, 2022.PipeCandy Inc. offers a comprehensive suite of digital services designed to enhance online presence for businesses across various sectors. Their core offerings include website hosting, domain registration, website building tools, and digital marketing solutions. These services address challenges like establishing a reliable online identity and improving visibility among target audiences. Clients range from small to medium-sized enterprises (SMEs) to established corporations, with operations across North America, Europe, and parts of Asia.In 2023, PipeCandy Inc. generated revenue of INR 2,704,401.90, with an EBITDA of INR 370,818.60. The company employs a combination of subscription-based models and one-time service fees, enabling a steady revenue stream through annual plans and premium features.PipeCandy Inc. is strategizing to enhance its offerings with new products expected to launch in the coming year, aiming to further refine their service suite. The company also plans to expand its operations into additional regions, specifically targeting markets in Europe and Southeast Asia by the end of 2024. The recent Seed funding round will support these initiatives, enabling PipeCandy to invest in product development and market expansion efforts.

## Funding rounds

- Seed, Mar 8, 2017, $1.1M — Chiratae Ventures, Indian Angel Network, Axilor Ventures, Emergent Ventures

## Investors

- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Seed
- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Seed
- Axilor Ventures (https://capitalatlas.ai/funds/axilor-ventures) — Seed
- Emergent Ventures (https://capitalatlas.ai/funds/emergent-ventures) — Seed