# ValueFirst Messaging Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/valuefirst-messaging-pvt

- Industry: Software
- Headquarters: Gurgaon, India
- Website: www.vfirst.com
- Total disclosed funding: $21M
- Latest round: Series D (Mar 1, 2021)
- Investors on record: 3

## About

ValueFirst Messaging Pvt. Ltd. specializes in integrated communication solutions, offering enterprises a variety of channels to enhance customer engagement, including SMS, WhatsApp, and email services.Established in 2003 and headquartered in Gurgaon, India, ValueFirst Messaging Pvt. Ltd. provides communication services that facilitate customer engagement. The company has not undergone any significant strategic pivots or changes in its business operations. Founders Gagan Chadha and Vish Bajaj have extensive backgrounds in technology and solutions, contributing to the company's ongoing growth. As of June 2023, the company was acquired by Tanla Solutions Limited for INR 3.46 billion in an all-cash transaction, enhancing its position in the market. The company has raised a total of INR 700.00 mn across various funding rounds, with the most recent funding being an ADD-ON round.ValueFirst delivers an integrated suite of communication services designed for enterprises seeking to enhance customer engagement through multiple channels, including SMS, WhatsApp, RCS, Truecaller, Email, and Voice. Their core product offerings include Smart APIs that facilitate hyper-personalized messaging, enabling businesses to automate and scale their communication efforts effectively. The platform also features a native customer data platform, which allows for the seamless integration of first-party customer data into communication strategies, enhancing customer interactions. ValueFirst serves a diverse client base across various sectors, including retail, e-commerce, and telecommunications, focusing on large enterprises that require robust communication solutions.In the most recent fiscal year of 2023, ValueFirst reported a revenue of INR 81,026,613.90 and an EBITDA of INR 4,909,193.60. Revenue is primarily generated through a subscription-based model, where enterprises subscribe to access their comprehensive communication platform and its features, allowing for customized solutions to fit their operational needs.Following the recent acquisition by Tanla Solutions Limited in June 2023, ValueFirst Messaging Pvt. Ltd. aims to strengthen its market presence in India. The acquisition will enable the company to enhance its communication offerings and expand into new geographic regions, further solidifying its operational capabilities. The recent funding will primarily support the development of new products and the enhancement of existing features to meet the evolving needs of enterprises. With a focus on integrating advanced technologies and expanding its reach, ValueFirst is set to pursue strategic market expansions and product innovations.

## Funding rounds

- Series D, Mar 1, 2021 — MegaDelta Capital
- Series C, Feb 25, 2011, $15M — New Enterprise Associates, HPEF Capital Partners
- Series B, Dec 3, 2008, $6M — New Enterprise Associates

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B, Series C
- HPEF Capital Partners (https://capitalatlas.ai/funds/hpef-capital-partners) — Series C
- MegaDelta Capital (https://capitalatlas.ai/funds/megadelta-capital) — Series D
