When was Megdap founded?

Megdap was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Where is Megdap located?

Megdap is headquartered in Pune, India. It is registered at C/1, BRAHAMNAGARI HSG. SOCIETY,S.NO 31/1/MP1 AUNDH ROAD,BAPODI, Pune, PUNE, Maharashtra, India, 411003.

Which legal entities is Megdap associated with?

Megdap is associated with MEGDAP INNOVATION LABS PRIVATE LIMITED and 1 other.

How many employees does Megdap have?

As of May 31, 2026, the latest employee count at Megdap is 46.

Is Megdap a funded company?

Megdap is a funded company, having raised a total of $374K across 4 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Dec 21, 2015.

How much is Megdap worth?

The latest valuation of Megdap is ₹***** as of Apr 20, 2020.

When was the latest funding round of Megdap?

Megdap's latest funding was a $***** Angel round on Apr 20, 2020, with participation from 2 investors.

What is the annual revenue of Megdap?

Annual revenue of Megdap is ₹2.73Cr as on Mar 31, 2025.

Where does Megdap rank among its competitors?

Megdap ranks 10th amongst 104 active competitors, of which 12 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Kotoba Technologies, which secured $11.8M in Jun, 2025.

Who are the top competitors of Megdap?

Megdap's top competitors include Welocalize, Lokalise and RWS Group. Among them, Kotoba Technologies secured the most recent funding round in June, 2025.

Megdap - 2026 Company Profile, Team, Funding, Competitors & Financials

Megdap is a seed company based in Pune (India), founded in 2013 by Meghashyam Karanam and Pradeep Parappil. It operates as a Data for AI training across voice, text, images & videos. Megdap has raised $374K in funding, with a current valuation of ₹*****. The company has 104 active competitors, including 12 funded and 6 that have exited. Its top competitors include companies like Welocalize, Lokalise and RWS Group.

Company Details

Data for AI training across voice, text, images & videos. Users leverage its solutions for collecting and annotating data for machine learning in domains of speech recognition, machine translation, content moderation and subtitling. It supports to create, collect, acquire domain-specific data-sets for AI and ML training needs.

Website: megdap.com
Social
Email ID: *****@megdap.com, *****@megdap.com
Phone Number: +1 **********
Registered Address: C/1, BRAHAMNAGARI HSG. SOCIETY,S.NO 31/1/MP1 AUNDH ROAD,BAPODI, Pune, PUNE, Maharashtra, India, 411003

Key Metrics

Founded Year

2013

Location

Pune, India

Stage

Seed

Total Funding

$374K in 4 rounds

Latest Funding Round

Angel, Apr 20, 2020, $*****

Post Money Valuation

₹***** as on Apr 20, 2020

Investors

Neil Powell & 18 more

Ranked

10^th among 104 active competitors

Annual Revenue

₹2.73Cr as on Mar 31, 2025

Employee Count

46 as on May 31, 2026

Similar Companies

Welocalize & 110 more

View Megdap's full profile

Megdap is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Infocuration Llp CIN: AAT-8595 , India, Active	Sep 17, 2020	-	-
MEGDAP INNOVATION LABS PRIVATE LIMITED CIN: U74900PN2013PTC148049 , India, Active	Jul 09, 2013	$323K (As on Mar 31, 2025)	-

Megdap has raised a total funding of $374K over 4 rounds. Its first funding round was on Dec 21, 2015. Its latest funding round was a Angel round on Apr 20, 2020 for $*****. 2 investors participated in its latest round. Megdap has 3 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of Megdap:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 20, 2020	5591551	Angel	3796407	9459122	1683644	1815411
Apr 03, 2018	5574436	Angel	2792417	6338228	3767325	Mandar Naik & 3 more
Nov 25, 2016	8013608	Angel	7265667	9630929	Neil Powell	Shrikanth Sunkum & 2 more

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View details of Megdap's funding rounds and investors

The founders of Megdap are Meghashyam Karanam and Pradeep Parappil.

Here are the details of Megdap's key team members:

Meghashyam Karanam: Co-Founder & CEO of Megdap. They serve on the board of 1 company.
Contact Info: 1 phone number
Pradeep Parappil: Co-Founder & CTO of Megdap. They serve on the board of 1 company.

Megdap's Board of Directors

Megdap's board has 3 active members. Meghashyam Karanam and Pradeep Parappil are part of team and Lesley Jane Powell is independent board member.

Here is the list of Megdap's board of directors:

Name	Type	Representing	Status	Duration
Meghashyam Karanam	Team	-	Current	12y 10m
Pradeep Parappil	Team	-	Current	10y 7m
x{yerwg	Independent board member	-	Past	6y 2m

View details of Megdap's Founder profiles and Board Members

Megdap's employee count trend

Megdap has 46 employees as of May 26. Here is Megdap's employee count trend over the years:

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Top competitors of Megdap include Welocalize, Lokalise and RWS Group. Here is the list of Top 10 competitors of Megdap, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Welocalize 1997, Frederick (United States), Acquired	Provides a content distribution platform	$6M	LLR Partners, Norwest Mezzanine Partners & 2 others	63/100
2nd	Lokalise 2016, Newark (United States), Series B	Provide language localization services for mobile apps and websites	$56M	3VC Seed, CRV & 25 others	60/100
3rd	RWS Group 1958, Maidenhead (United Kingdom), Public	Provider of enterprise language technology and intelligent content management software	-	Eiffel Investment Group, Europa	55/100
4th	Rozetta 2004, Chiyoda City (Japan), Public	Language localisation services provider	-	Japan Asia Investment, Sansei Capital Investment ... & 2 others	53/100
5th	KeyPoint Technologies 2004, Hyderabad (India), Series C	Provider of AI powered language and IT solutions	$20.9M	Scottish Enterprise, Buteinvestments & 5 others	51/100
6th	Kotoba Technologies 2023, Chiyoda City (Japan), Seed	Platform that provides translation and speech-to-text solutions	$11.8M	Globis Capital Partners, Boostcapital & 1 others	47/100
7th	Process9 2010, Gurugram (India), Seed	Provider of content and software localisation solutions for enterprises	$1.13M	Infotel Solutions, Nature Eco Ventures & 56 others	45/100
8th	Lelapa AI 2022, Johannesburg (South Africa), Seed	Provider of AI interfaced language localisation platform	$2.5M	Atlantica Ventures, Mozilla Ventures & 2 others	42/100
9th	Saltlux 1979, Seoul (South Korea), Public	Language localisation provider using proprietary platform	-	JAFCO Asia, STIC Ventures & 7 others	42/100
10th	Megdap 2013, Pune (India), Seed	Data for AI training across voice, text, images & videos	$374K	Zone Startups India, Village Capital & 17 others	40/100

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Founders (largest shareholder) own 87.44%, Angels own 12.36% and Other People own 0.18%. The net worth of Megdap's founders is INR 88.9Cr as of Apr 20, 2020.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	87.44%	88.9Cr	3600351	8815224	6366449	8620844
Meghashyam Karanam	4973149	3388941	7849696	1133092	7395882	3818950
Pradeep Parappil	4326898	7023835	3218642	6159004	7664854	4010815
Angel	12.36%	12.6Cr	5713592	5987651	3305346	4293324
Neil Powell	161	208	436	758	119	806
Natraj Akella	0	0	0	0	0	0
Guruprasad Bala	46	28	38	23	49	86
Anukumar Ramesh	7	6	5	2	8	6
Shubrendu Khoche	0	0	0	0	0	0
Mandar Naik	0	0	0	0	0	0
Shrikanth Sunkum	0	0	0	0	0	0
Other People	0.18%	18.7L	0	0	0	0
Total	99.98%	102Cr	2181242	9317052	2783923	7492128