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MemeChat - About the company

MemeChat is a series A company based in Mumbai (India), founded in 2019 by Kyle Fernandes. It operates as an Online platform offering solutions for creation of memes. MemeChat has raised $1.64M in funding from Beenext and 500 Global, with a current valuation of $*****. The company has 411 active competitors, including 54 funded and 24 that have exited. Its top competitors include companies like Tenor, Instagram and Imgur.

Company Details

Online platform offering solutions for creation of memes. It allows users to make humorous content and earn money. The application offers memes from various categories. Its mobile application is available for both the Android and iOS platforms.
Email ID
*****@memechat.app
Registered Address
T8-1002, Parsvnath Green Ville Sector-48, Sohna Road, Gurgaon, GURGAON, Haryana, India, 122018
Key Metrics
Founded Year
2019
Location
Mumbai, India
Stage
Series A
Total Funding
$1.64M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 03, 2022
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
119 as on Jun 30, 2026
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MemeChat's funding and investors

MemeChat has raised a total funding of $1.64M over 3 rounds. Its first funding round was on Jan 01, 2021. Its latest funding round was a Series A round on Aug 03, 2022 for $*****. 8 investors participated in its latest round. MemeChat has 14 institutional investors and 36 angel investors.

Here is the list of recent funding rounds of MemeChat:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 03, 2022
8666332
Series A
6187284
2755726
7110832
4563106
Sep 30, 2021
6243045
Series A
3784159
7976280
7538691
Jan 01, 2021
3148183
Seed
1932140
2123268
1859601
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MemeChat's founders and board of directors

Founder? Claim Profile
The founders of MemeChat is Kyle Fernandes. Kyle Fernandes is the CEO of MemeChat.
Here are the details of MemeChat's key team members:

MemeChat's Board of Directors

MemeChat's board has 3 active members. Kyle Fernandes and Taaran Chanana are part of team and Angelo Fernandes is independent board member.
Here is the list of MemeChat's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 2m
Team
-
Current
7y 2m
Independent board member
-
Current
7y 2m

MemeChat's employee count trend

MemeChat has 119 employees as of Jun 26. Here is MemeChat's employee count trend over the years:
Employee count trend for MemeChat
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MemeChat's Competitors and alternates

Top competitors of MemeChat include Tenor, Instagram and Imgur. Here is the list of Top 10 competitors of MemeChat, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Tenor
Tenor
2014, San Francisco (United States), Acquired
GIF keyboard platform bringing personality to conversations through animated content
$32M
73/100
2nd
Logo for Instagram
Instagram
2010, San Francisco (United States), Acquired
Garage Doors, Sectional, Roller, Retractable, Canopy / Earby Door Services Lancashire
$57M
73/100
3rd
Logo for Imgur
Imgur
2009, San Francisco (United States), Acquired
Online viral image hosting and sharing service
$60.1M
69/100
4th
Logo for Yubo
Yubo
2015, Paris (France), Series C
Online platform to connect and ,meet new people
$59.8M
61/100
5th
Logo for Giphy
Giphy
2012, New York City (United States), Acquired
Online search engine for GIFs and stickers
$152M
61/100
6th
Logo for 9GAG
9GAG
2008, Hong Kong (China), Seed
Image and video sharing social platform
$3.92M
56/100
7th
Logo for MemeChat
MemeChat
2019, Mumbai (India), Series A
Online platform offering solutions for creation of memes
$1.64M
54/100
8th
Logo for Locket Labs
Locket Labs
2021, Los Angeles (United States), Seed
Online social platform for sharing photos
$12.5M
52/100
9th
Logo for Lapse
Lapse
2021, London (United Kingdom), Late Stage
Provider of photography solutions for creating social photo journals
$42.4M
50/100
10th
Logo for Cheezburger
Cheezburger
2007, Seattle (United States), Acquired
Humor website offering memes, fails, and relatable content across various categories
$48.1M
49/100
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MemeChat's Latest cap tables and shareholding

Founders (largest shareholder) own 56.79%, Funds own 17.94%, Enterprises own 0.87% and Angels own 4.93%. The net worth of MemeChat's founders is INR 63.1Cr as of Aug 03, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
56.79%
63.1Cr
4318059
1727178
1281589
3461599
2611491
3650809
8805922
2045512
7181925
3414455
Fund
17.94%
19.9Cr
8434488
9229518
4380350
3940877
8174666
2966025
8955831
1968591
8765421
9453065
121
362
380
566
774
317
Enterprise
0.87%
96.5L
0
0
0
0
Angel
4.93%
5.47Cr
6264
2592
7643
2193
ESOP Pool
19.49%
21.6Cr
3131864
1259770
2175157
2290548
Total
100.00%
111Cr
2867212
8451731
4650613
7932712
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of MemeChat's Shareholding

MemeChat's Investments and acquisitions

MemeChat has made no investments or acquisitions yet.

Reports related to MemeChat

Here is the latest report on MemeChat's geography:

News related to MemeChat

Meme Chat App Bags People’s Choice AwardDigital TerminalAug 21, 2020MemeChat
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FAQs about MemeChat

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