When was Rigi founded?

Rigi was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Rigi located?

Rigi is headquartered in Bengaluru, India. It is registered at 4th Floor, Building 1084, 14th Main, 17th Cross Road, Sector 3, HSR Layout, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102.

Who is the current CEO of Rigi?

Swapnil Saurav of Rigi. They have also founded 1 company and are angel investors in 2 startups.

Which legal entities is Rigi associated with?

Rigi is associated with AZALP TECHNOLOGIES PRIVATE LIMITED.

How many employees does Rigi have?

As of Jul 31, 2025, Rigi has 34 employees, reflecting a 69% year-over-year decline in headcount.

Is Rigi a funded company?

Rigi is a funded company, having raised a total of $25M across 5 funding rounds to date. The company's 1st funding round was a ₹***** Seed round, raised on Aug 16, 2021.

How much is Rigi worth?

The latest valuation of Rigi is $***** as of Sep 18, 2024. This marks a decline of 26% from its peak valuation of $79.9M in Aug, 2021. This marks a decline of 26% from its peak valuation of $79.9M in Aug, 2021.

When was the latest funding round of Rigi?

Rigi's latest funding was a $***** Series A round on Sep 18, 2024, with participation from 1 investor. Its primary sector is OTT Video. Globally, the OTT Video sector has seen $263M in funding in 2026 to date.

What is the annual revenue of Rigi?

Annual revenue of Rigi is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Rigi rank among its competitors?

Rigi ranks 5th amongst 141 active competitors, of which 15 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Storeel, which secured $9M in Mar, 2026.

Who are the top competitors of Rigi?

Rigi's top competitors include Eloelo, Dashverse and ReelShort. Among them, Storeel secured the most recent funding round in March, 2026.

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

Rigi is a series A company based in Bengaluru (India), founded in 2021 by Ananya Singhal and Swapnil Saurav. It operates as a Platform offering to create & sell online courses. Rigi has raised $25M in funding from investors like Peak XV Partners, Accel and Stellaris Venture Partners, with a current valuation of $*****. The company has 141 active competitors, including 15 funded and 1 that has exited. Its top competitors include companies like Eloelo, Dashverse and ReelShort.

Company Details

Platform offering to create & sell online courses. It enables users to monetize their following on platforms like YouTube, Instagram, and more. It allows content creators to create groups and connect with their fans. Available on both Android and iOS devices.

Website: rigi.club
Social
Email ID: *****@rigi.club
Phone Number: +91 **********
Registered Address: 4th Floor, Building 1084, 14th Main, 17th Cross Road, Sector 3, HSR Layout, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102

Key Metrics

Founded Year

2021

Location

Bengaluru, India

Stage

Series A

Total Funding

$25M in 5 rounds

Latest Funding Round

Series A, Sep 18, 2024, $*****

Post Money Valuation

$***** as on Sep 18, 2024

Investors

Peak XV Partners & 40 more

Ranked

5^th among 141 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

34 as on Jul 31, 2025

Similar Companies

Eloelo & 139 more

View Rigi's full profile

Rigi is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
AZALP TECHNOLOGIES PRIVATE LIMITED CIN: U74999KA2021PTC148361 , India, Active	Jun 11, 2021	₹10 - ₹50 Cr (As on Mar 31, 2025)	45 (As on May 01, 2026)

Rigi has raised a total funding of $25M over 5 rounds. Its first funding round was on Aug 16, 2021. Its latest funding round was a Series A round on Sep 18, 2024 for $*****. 1 investor participated in its latest round. Rigi has 17 institutional investors and 24 angel investors.

Here is the list of recent funding rounds of Rigi:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 18, 2024	2710908	Series A	2244730	5916436	1098267	6798240
Jun 12, 2023	3765208	Series A	5336412	9635380	8790867	QED Innovation Labs & 8 more
Jan 25, 2023	3877069	Series A	6442263	8512142	Elevation Capital & 1 more	Accel & 6 more

Access funding benchmarks and valuations. Sign up today!

View details of Rigi's funding rounds and investors

The founders of Rigi are Ananya Singhal and Swapnil Saurav. Swapnil Saurav is the CEO of Rigi.

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

Ananya Singhal: Co-Founder & COO of Rigi. They are also an angel investor in 2 startups and serve on the boards of 2 companies.
Contact Info: 1 phone number
Swapnil Saurav: Co-Founder & CEO of Rigi. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 1 email address

Rigi's Board of Directors

Rigi's board has 2 active members. Ananya Singhal and Swapnil Saurav are part of team.

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

Name	Type	Representing	Status	Duration
Ananya Singhal	Team	-	Current	5y 4m
Swapnil Saurav	Team	-	Current	5y 4m

View details of Rigi's Founder profiles and Board Members

Rigi's employee count trend

Rigi has 34 employees as of Jul 25. The total employee count is 69.0% lower than what it was in Jul 24. Here is Rigi's employee count trend over the years:

Uncover Rigi's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Rigi include Eloelo, Dashverse and ReelShort. Here is the list of Top 10 competitors of Rigi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Eloelo 2020, Bengaluru (India), Series B	Provider of live social entertainment platform	$51.2M	WaterBridge, Kalaari Capital & 34 others	80/100
2nd	Dashverse 2022, Wilmington (United States), Series A	Provider of an AI engine and platform for digital storytelling	$18M	Peak XV Partners, Z47 & 2 others	63/100
3rd	ReelShort 2002, Sunnyvale (United States), Unfunded	Platform offerings short videos	-	-	62/100
4th	Chai Shots 2025, Hyderabad (India), Series A	Provider of regional short-form OTT entertainment	$5.44M	Info Edge Ventures, General Catalyst & 2 others	62/100
5th	Rigi 2021, Bengaluru (India), Series A	Platform offering to create & sell online courses	$25M	Elevation Capital, Peak XV Partners & 39 others	59/100
6th	DramaBox 2022, Singapore (Singapore), Unfunded	App-based platform offering to stream short video content	-	-	58/100
7th	Storeel Sunnyvale (United States), Seed	The platform offers captivating short dramas	$9M	Play Ventures, The Venture Reality Fund & 2 others	54/100
8th	Kuku TV 2018, Bengaluru (India), Unfunded	Operator of a digital platform streaming short form video content	-	-	53/100
9th	Vigloo 2017, Seoul (South Korea), Unfunded	Provider of short-form drama series	-	-	52/100
10th	Viddsee 2013, Singapore (Singapore), Series A	On-demand short film distribution platform	$2.3M	ACE, CyberAgent Capital & 7 others	49/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Rigi's competitors? Click here to see the top ones

Founders (largest shareholder) own 46.33%, Funds own 45.01%, Enterprises own 0.00% and Angels own 3.63%. The net worth of Rigi's founders is INR 230Cr as of Sep 18, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	46.33%	230Cr	5939089	9656842	4200234	1143745
Swapnil Saurav	1104992	2859745	3275495	5200039	4402693	3487754
Ananya Singhal	9943026	1931500	8952876	8992909	6521902	8352193
Fund	45.01%	223Cr	9784869	8517108	1118142	8967314
Stellaris Venture Partners	2632983	1135120	3124861	2833856	2149167	5001492
Elevation Capital	6773717	9336483	6341613	6441568	8421501	7347406
Accel	9922476	2461887	5484572	2038612	8083679	3297445
Angel List	0	0	0	0	0	0
Enterprise	0.00%	927	0	0	0	0
Angel	3.63%	18Cr	395	247	417	984
Kunal Bahl	3	7	8	5	3	5
Rohit Kumar Bansal	6	7	6	4	2	1
ESOP Pool	5.03%	24.9Cr	74731	18775	46741	33068
Total	100.00%	495Cr	9688412	2422813	9604260	6486642