MagicX - About the company
MagicX is a deadpooled company based in Bengaluru (India), founded in 2015 by Ganesh Krishnan and Pratyush Prasanna. It operates as an AI-enabled chat based personal assistant app. MagicX has raised $1M in funding. The company has 969 active competitors, including 82 funded and 13 that have exited. Its top competitors include companies like Character.ai, Replika and Inflection.
Company Details
MagicX, earlier known as MagicTiger, is an AI-enabled, chat based personal assistant app that lets users order groceries, recharge their prepaid mobile phone plan and pay postpaid bills - electricity bills, phone bills etc. App currently available for Android devices and has had close to 50k downloads on Play Store. Acquired Instano, Bangalore-based B2C (Business-to-Consumer) eCommerce App that renders on-demand delivery of services over chat in Dec 2015. Pivoted from MagicTiger, which was an ordering app, to MagicX. Raised $1M in funding from Kris Gopalakrishnan, Dr. Ranjan Pai, Ramaraj and Hari Kumar. Claims to have tied up with 20 e-commerce, recharge, grocery, travel and bill payment platforms. Website is non-functional since Sep'16
- Website
- magicx.co
Key Metrics
Founded Year
2015
Location
Bengaluru, India
Stage
Deadpooled
Total Funding
$1M in 2 rounds
Latest Funding Round
Investors
Ranked
29th among 969 active competitors
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MagicX's funding and investors
MagicX has raised a total funding of $1M over 2 rounds. Its first funding round was on Dec 04, 2015. Its latest funding round was a Angel round on Apr 12, 2016 for $*****. 3 investors participated in its latest round. MagicX has 8 angel investors.
Here is the list of recent funding rounds of MagicX:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 12, 2016 | 9607152 | Angel | 7557126 | 9018992 | 5225892 | 8367896 |
Dec 04, 2015 | 8463506 | Angel | 4927735 | 8294403 | 1708627 |
View details of MagicX's funding rounds and investors
MagicX's founders and board of directors
Founder? Claim ProfileThe founders of MagicX are Ganesh Krishnan and Pratyush Prasanna.
Here are the details of MagicX's key team members:
- Ganesh Krishnan: Co-Founder & Director of MagicX and founder of 6 other companies, including Avagmah, AcadGild and FreshMenu. They are also an angel investor in 34 startups and serve on the boards of 4 companies.Contact Info: 1 email address and 6 phone numbers
- Pratyush Prasanna: Co-Founder of MagicX and founder of 1 other company. They are also an angel investor in 6 startups.
View details of MagicX's Founder profiles and Board Members
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MagicX's Competitors and alternates
Top competitors of MagicX include Character.ai, Replika and Inflection. Here is the list of Top 10 competitors of MagicX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Character.ai 2021, Menlo Park (United States), Series A | AI-based conversational solutions provider | $193M | 76/100 | |
2nd | Replika 2015, San Francisco (United States), Series A | Developer of an artificial intelligence companion for empathetic conversation and support | $11M | 74/100 | |
3rd | Inflection 2022, Palo Alto (United States), Acquired | Provider of emotionally intelligent artificial intelligence for personal and enterprise use | $1.52B | 71/100 | |
4th | Merlin 2022, California (United States), Funding Raised | ChatGPT powered chrome extension provider | - | 60/100 | |
5th | WRTN 2021, Seoul (South Korea), Series C | Provider of AI and NLP tools for text-based applications | $176M | 58/100 | |
6th | Provider of AI-powered virtual assistant for automated telephone call management | $20.5M | 56/100 | ||
7th | Developer of AI applications featuring interactive and personalized AI characters | $4.58M | 56/100 | ||
8th | Sider 2023, Boston (United States), Unfunded | AI-powered chatbot platform general assistant | - | - | 55/100 |
9th | Runable 2025, Dover (United States), Series A | Runable - Best way to work with AI | $21M | 54/100 | |
10th | Cantina 2023, San Francisco (United States), Unfunded | Developer of software for creating and interacting with social bots | - | - | 53/100 |
29th | AI-enabled chat based personal assistant app | $1M | - | 45/100 |
Looking for more details on MagicX's competitors? Click here to see the top ones
MagicX's Investments and acquisitions
MagicX has acquired 3 companies including Instano, ZOYO and GoDeliver. MagicX has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Dec 03, 2015 | Acquisition | 2015 | Bengaluru (India) | |
Oct 28, 2015 | Acquisition | 2015 | Bengaluru (India) | |
Jul 23, 2015 | Acquisition | 2015 | Bengaluru (India) |
See all acquisitions by MagicX
Reports related to MagicX
Here is the latest report on MagicX's sector:
News related to MagicX
Media has covered MagicX for 1 event in last 1 year, It was about company updates.
•
MagicX Announces Updated Mini40 Linux Handheld with New Specs and Color OptionsNotebookcheck Publishing GmbH•Jul 08, 2026•MagicX
•
MagicX joins the Facebook Messenger chatbot fray. Will it be able to create an impact?YourStory•Apr 18, 2016•MagicX, Facebook, Messenger, Gizmodo
•
On-demand chat app MagicX raises funding from Kris Gopalakrishnan and othersYourStory•Apr 13, 2016•MagicX, Aarti Grover, Aarti Grover, Aarti Grover
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