MEME CHAT PRIVATE LIMITED

Business Overview

• Meme Chat Pvt.
• Ltd. operates "Speckit by MemeChat", formerly MemeChat, a creator-economy / meme-sharing mobile app founded in 2019.
• Positioned as "a community-driven creative platform where brands, artists, and movies build creative hubs and creators earn by contributing content", memes, reels, edits
• Users can withdraw earnings via UPI.
• 5M+ downloads on Google Play, 4.0★, 84K+ reviews, 2,844 ratings (4.3★) on Apple App Store.
• Marketed as one of the first Indian meme-focused apps to raise institutional funding.
• Sources: Google Play Store listing, Apple App Store listing, Tofler, TheCompanyCheck.

Sector & Classification

Recreational, cultural & sporting activities / Data processing, hosting and related activities; web portals (NIC — Information & Communication services, per Tofler)

Directors & Key Management

GST Registrations

Not obtained. Multiple attempts on KnowYourGST, FindGST and MastersIndia (by name and by PAN AAMCM5560G) returned no accessible GSTIN record — pages either 404'd or required a live interactive search. Home state would be expected to be Haryana (per registered office) but this is inferred, not confirmed. GST status: partial (PAN confirmed; GSTIN itself not obtained).

Financials

• FY2025, standalone, private limited — no consolidated entity: Revenue ≈ ₹13.11 Cr, TheCompanyCheck, +17% YoY
• Tofler independently shows revenue band "₹10–25 Cr" for FYE March 2025 with total-revenue growth of 17.36% — consistent with the TheCompanyCheck figure.
• Tofler also shows, unlabelled ratios, presumed FY25: Gross margin 12.65%, Operating margin 17.8%, Net profit margin 12.44%, ROCE 428.29%, Debt/Equity 45.14, Borrowings change -78.21% YoY.
• Exact EBITDA/PAT/net-worth/borrowings rupee figures and prior-year comparatives are paywalled on Tofler ("GET PRO") and not obtained elsewhere — do not treat the margin-derived PAT (~₹1.6 Cr) as confirmed
• It is not independently corroborated.

Funding History

• Confirmed via Inc42 Datalabs, detailed round-level data, with partial corroboration from YourStory and VCCircle:
• Round 1 (Pre-seed), 18 Jan 2021: $150,000 — reported by YourStory as among the first funding rounds for an Indian meme-content app
• Investor line-up per Inc42 references 500 Global.
• Round 2 (Seed), 28 Jan 2022: $1.00 Mn — lead investor per Inc42: Founders' Room Capital, plus 5 other investors
• VCCircle (31 Jan 2022) separately reported MemeChat raising funds from angel investors to expand into NFTs, consistent timing.
• Round 3, last funding 31 Dec 2023: amount undisclosed.
• Total funding: Inc42 states $1.15 Mn+ across 3 rounds
• Tracxn states $1.64 Mn across 3 rounds, source conflict — Tracxn used only for round count/names per instructions, Inc42 treated as primary for amounts.
• Cited investor names across sources: 500 Global, BEENEXT, 100Unicorns, Founders' Room Capital, and angel investor Abhishek Goyal, per YNOS Venture Engine.

Shareholding

• Partial.
• At incorporation/company-master level, shareholders on record are the three director-founders, Andrew Angelo Fernandes, Kyle Andrew Fernandes, Taaran Chanana, per Tofler.
• Post-funding cap table, stakes held by 500 Global, BEENEXT, 100Unicorns, Founders' Room Capital etc. after 3 rounds, is not obtained — no source discloses post-money shareholding percentages.

Credit Ratings

• Not obtained / none found. No CRISIL, ICRA or CARE rating located for this entity — consistent with an early-stage, low-debt, per Tofler, borrowings fell ~78% YoY, startup that would not typically carry a public credit rating.

Competitive Landscape

• Indian creator-economy / meme & short-content apps of broadly comparable scale: ShareChat / Moj, much larger, unicorn-scale, Chingari, comparable early-stage creator app, Trell, comparable, content-commerce, Josh, VerSe Innovation, larger scale, plus global meme platforms 9GAG and iFunny, much larger, international.
• Also listed as "similar apps" alongside Speckit on Google Play: Fanbase, FanTV, Recz, smaller/niche creator-community apps.

Frequently Asked Questions