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The Phi Factory is a fusion of TaaS and Aggregator.
Basic Information
Hyderabad-based startup Company was founded by Meghana Reddy Jale and Praveen Gorakavi in 2018. The Phi Factory is a fusion of TaaS and Aggregator. They are among the firsts in the world to adopt block-chain based agile methodology in innovation management though-out the phases of a new product development.
Legal Name
:
Gorakavi Innovations Private Limited
Headquarters
:
Hyderabad, Telangana, India
Founding Date
:
2018
No. of Employees
:
<10
Core Team
:
1.  
Meghana Reddy Jale
Co-Founder & CEO
2.  
Praveen Gorakavi
Co-Founder & Partner
Funding

Total Funding

$1.6M

Investors
:
1.  
Vijay Madduri
Detail Round Breakdown
Round 1

$1.5M

Series Name
:
SEED
Date
:
30th Mar 2022
Investors
:
1.  
Vijay Madduri