MemeChat - About the company
MemeChat is a series A company based in Mumbai (India), founded in 2019 by Kyle Andrew Fernandes and Ujjawal Panchal. 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 1616 active competitors, including 144 funded and 60 that have exited. Its top competitors include companies like Facebook, Instagram and X.
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.
- Website
- memechat.app
- 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 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 03, 2022
Ranked
13th among 1616 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
119 as on Sep 30, 2026
Legal entities associated with MemeChat
MemeChat is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
MEME CHAT PRIVATE LIMITED CIN: U92190HR2019PTC079374 , India, Active | Mar 28, 2019 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 11 (As on Dec 31, 2024) |
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MemeChat's funding and investors
MemeChat has raised a total funding of $1.64M over 4 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 15 institutional investors and 36 angel investors.
Here is the list of recent funding rounds of MemeChat:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 03, 2022 | 2301177 | Series A | 3859812 | 6868891 | 5686163 | 8504225 |
Oct 2021 | 6891155 | Angel | 4701392 | 2594806 | 9800702 | |
Sep 30, 2021 | 7026982 | Series A | 5058925 | 3664512 |
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MemeChat's founders and board of directors
Founder? Claim ProfileThe founders of MemeChat are Kyle Andrew Fernandes and Ujjawal Panchal. Kyle Andrew Fernandes is the CEO of MemeChat.
Here are the details of MemeChat's key team members:
- Kyle Andrew Fernandes: Co-Founder & CEO of MemeChat. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Ujjawal Panchal: Co-Founder, Chief Technology Officer of MemeChat.
MemeChat's Board of Directors
MemeChat's board has 3 active members. Kyle Andrew Fernandes and Taaran Chanana are part of team and Andrew Angelo Fernandes is independent board member.Here is the list of MemeChat's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 6m | |
Team | - | Current | 7y 6m | |
Independent board member | - | Current | 7y 6m |
View details of MemeChat's Founder profiles and Board Members
MemeChat's employee count trend
MemeChat has 119 employees as of Sep 26. Here is MemeChat's employee count trend over the years:
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MemeChat's Competitors and alternates
Top competitors of MemeChat include Facebook, Instagram and X. Here is the list of Top 10 competitors of MemeChat, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Facebook 2004, Menlo Park (United States), Public | Operator of a social networking service facilitating connection and communication | $1.77B | 88/100 | |
2nd | Instagram 2010, San Francisco (United States), Acquired | Social platform for photo and video sharing | $57M | 81/100 | |
3rd |  X 1999, Bastrop (United States), Acquired | Platform that aggregates and curates a wide range of content, including news, entertainment, and opinions | $1.14B | 78/100 | |
4th | Tenor 2014, San Francisco (United States), Acquired | GIF keyboard platform bringing personality to conversations through animated content | $32M | 74/100 | |
5th | VK 2006, St Petersburg (United States), Acquired | App-based social platform for sharing photos and videos | - | 71/100 | |
6th | Giphy 2012, New York City (United States), Acquired | Online search engine for GIFs and stickers | $152M | 70/100 | |
7th | Imgur 2009, San Francisco (United States), Acquired | Online viral image hosting and sharing service | $60.1M | 69/100 | |
8th |  Retro 2019, San Francisco (United States), Series A | Social platform for sharing photos and videos | $21M | 65/100 | |
9th |  Multiply Media 2003, Boca Raton (United States), Acqui-Hired | Digital media network | $28.9M | 63/100 | |
10th | Online platform to connect and ,meet new people | $59.8M | 61/100 | ||
13th | Online platform offering solutions for creation of memes | $1.64M | 55/100 |
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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 sector:
News related to MemeChat
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Investors fear fake memecoins, Meme Index offers safer alternative, raises $3.5 million in ICOgospodarka.sos.pl•Feb 12, 2025•MemeChat
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Meme Community App MemeChat Enhances Content Monetisation, Launches Instant WithdrawalIndianWeb2•Jul 29, 2022•MemeChat
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Interality Collaborates with Memechat to Launch MemeverseDigital Terminal•Jul 16, 2022•Interality, MemeChat
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MemeChat looks to expand its NFT space with funds from Beenext, othersVCCircle•Jan 31, 2022•MemeChat, Beenext, Stanford Angels & Entrepreneurs, 9Unicorns
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MemeChat raises $150K as the first Indian startup at 500 Startups Accelerator ProgrammeYourStory•Jan 19, 2021•MemeChat
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