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Rigi - About the company

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
XFacebook
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
Post Money Valuation
$***** as on Sep 18, 2024
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
34 as on Jul 31, 2025
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Rigi's funding and investors

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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 18, 2024
3602986
Series A
6720949
5756109
7867222
6085887
Jun 12, 2023
8738635
Series A
2187360
5944282
5777861
Jan 25, 2023
8218896
Series A
1793364
1323251
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Rigi's founders and board of directors

Founder? Claim Profile
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:

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
Team
-
Current
5y 4m
Team
-
Current
5y 4m

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:
Employee count trend for Rigi
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Rigi's Competitors and alternates

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
Logo for Eloelo
Eloelo
2020, Bengaluru (India), Series B
Provider of live social entertainment platform
$51.2M
80/100
2nd
Logo for Dashverse
Dashverse
2022, Wilmington (United States), Series A
Provider of an AI engine and platform for digital storytelling
$18M
63/100
3rd
Logo for ReelShort
ReelShort
2002, Sunnyvale (United States), Unfunded
Platform offerings short videos
-
-
62/100
4th
Logo for Chai Shots
Chai Shots
2025, Hyderabad (India), Series A
Provider of regional short-form OTT entertainment
$5.44M
62/100
5th
Logo for Rigi
Rigi
2021, Bengaluru (India), Series A
Platform offering to create & sell online courses
$25M
59/100
6th
Logo for DramaBox
DramaBox
2022, Singapore (Singapore), Unfunded
App-based platform offering to stream short video content
-
-
58/100
7th
Logo for Storeel
Storeel
Sunnyvale (United States), Seed
The platform offers captivating short dramas
$9M
54/100
8th
Logo for Kuku TV
Kuku TV
2018, Bengaluru (India), Unfunded
Operator of a digital platform streaming short form video content
-
-
53/100
9th
Logo for Vigloo
Vigloo
2017, Seoul (South Korea), Unfunded
Provider of short-form drama series
-
-
52/100
10th
Logo for Viddsee
Viddsee
2013, Singapore (Singapore), Series A
On-demand short film distribution platform
$2.3M
49/100
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Rigi's Latest cap tables and shareholding

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. The cap table displayed below is for AZALP TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Rigi.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
46.33%
230Cr
3694294
2097730
9051469
8707123
8129472
8534583
9366296
1900595
5415411
9496188
5093244
1472143
5964524
1795523
1118361
7106180
Fund
45.01%
223Cr
2466279
7167677
9344404
3349010
4328745
8845610
4777815
5692079
1020327
2045167
8839261
7083008
1870126
9455322
4322186
4136614
4637549
1346050
2894398
4593135
6214516
5059025
0
0
0
0
0
0
Enterprise
0.00%
927
0
0
0
0
Angel
3.63%
18Cr
386
728
892
348
3
1
4
6
3
2
1
2
1
8
7
3
ESOP Pool
5.03%
24.9Cr
34312
14187
93990
19006
Total
100.00%
495Cr
7407547
7172703
7927831
9709286
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
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Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Rigi's Investments and acquisitions

Rigi has made no investments or acquisitions yet.

Reports related to Rigi

Here is the latest report on Rigi's sector:

News related to Rigi

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