# Snippt Media Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/snippt-media-private

- Industry: Software
- Headquarters: Chennai, India
- Website: www.fieldproxy.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Jul 28, 2021)
- Investors on record: 4

## About

Snippt Media Private Limited, based in India, specializes in providing AI-driven Field Service Management software that enhances operational efficiency for service-oriented businesses.Founded in Chennai, India, in 2018, Snippt Media Private Limited focuses on delivering innovative field service solutions. The company has engaged in four notable deals, with the most recent being a funding round in July 2022, where it raised INR 60 million led by Y Combinator alongside other investors such as 2 a.m. Ventures and LetsVenture. The firm is co-founded by Balakrishna Balasubramanian and Swaroop Vijayakumar, who also serves as CEO.Fieldproxy offers an AI-powered Field Service Management (FSM) software designed to streamline operations for service-based businesses. The core product enables companies to customize and deploy field service applications rapidly, allowing for seamless integration with existing tools and workflows. Key functionalities include mobile applications for field technicians, automated scheduling and dispatching, real-time inventory tracking, and customizable workflows that cater to specific operational needs. The software is designed for scalability, supporting unlimited users without additional costs per feature or user, appealing to rapidly growing businesses. Fieldproxy primarily serves the Indian subcontinent, working with over 450 clients across various sectors, including commercial and residential services, fintech, and more.In the most recent fiscal year, 2023, Snippt Media reported a revenue of INR 17,931.9 mn. During the same year, the company recorded an EBITDA of INR -90,596.9.Following its recent funding round in July 2022, which raised INR 60 million, Snippt Media plans to enhance its go-to-market initiatives and develop innovative solutions rapidly. The company aims to launch new products and expand its footprint beyond the Indian subcontinent into new international markets, with specific targets yet to be disclosed. The capital raised will support these strategic initiatives, helping to facilitate growth and enhance service offerings.

## Funding rounds

- Seed, Jul 28, 2021, $0.3M — LVX, 2am VC, Magic Fund
- Seed, Mar 1, 2021, $0M — 100X.VC

## Investors

- 100X.VC (https://capitalatlas.ai/funds/100x-vc) — Seed
- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- 2am VC (https://capitalatlas.ai/funds/2am-vc) — Seed
- Magic Fund (https://capitalatlas.ai/funds/magic-fund) — Seed