# Quiph Media Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quiph-media-pvt

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.ssup.co
- Total disclosed funding: $8.1M
- Latest round: Series A (Feb 2, 2022)
- Investors on record: 5

## About

Quiph Media Pvt. Ltd. is a technology company providing innovative software and hardware solutions that streamline operations and enhance productivity for businesses in sectors like manufacturing, logistics, and healthcare.Founded in 2016 in Bangalore, India, Quiph Media Pvt. Ltd. specializes in technology solutions designed to optimize business processes. The company has attracted attention with its innovative offerings and successfully raised INR 485 million in Series A funding in February 2022, led by Lightspeed Venture Partners, among others. The firm has completed two deals to date, with its current valuation at INR 2,730 million. Sagar Modi, a co-founder, currently serves as the CEO.Quiph Media Pvt. Ltd. specializes in a range of innovative solutions that cater to specific market needs within their industry. Their core offerings include advanced software and hardware systems designed to enhance operational efficiency and streamline workflows. These products target sectors like manufacturing, logistics, and healthcare, aiming to optimize processes, reduce downtime, and improve productivity. The company markets its solutions in North America, Europe, and select Asian markets, appealing to both small and medium enterprises as well as larger corporations.In the most recent year 2023, Quiph Media Pvt. Ltd. reported zero revenue with an EBITDA of INR -2,244,521.10. The company's revenue structure involves subscription-based models alongside direct sales of flagship products, allowing clients to engage in flexible contracts for software updates and support, tailored to different customer segments.Following the INR 485 million raised in Series A funding on February 2, 2022, Quiph Media Pvt. Ltd. intends to utilize these resources to further advance its product and market development efforts. The company plans to launch a new app that will enhance its service offerings. Additionally, expansion into new geographic markets is anticipated, although specific regions have yet to be disclosed. This funding will support these initiatives, aiming to bolster the company’s presence and product capabilities.

## Funding rounds

- Series A, Feb 2, 2022, $6.5M — Accel, Lightspeed Venture Partners, Capier Investments, AngelList India, Reddy Holdings
- Seed, Oct 4, 2019, $1.6M — Accel, Lightspeed Venture Partners

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed, Series A
- Capier Investments (https://capitalatlas.ai/funds/capier-investments) — Series A
- AngelList India — Series A
- Reddy Holdings — Series A