Bounty app
Its customers with rewards to improve brand engagement.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Seed | ||
| Total Funding | 000k | ||
Nanolocal Technologies Private Limited, the entity behind the Bounty app, was incorporated as a private limited company in Bangalore, India, on July 30, 2015. The company operated in the software publishing, consultancy, and supply sector.
The corporate structure included an authorized share capital of ₹10.00 lakh and a total paid-up capital of ₹1.52 lakh. The directors and promoters of the company were identified as Medapati Satish and Mathangi Sri Ramachandran. Public records show the company's last Annual General Meeting was held on September 30, 2019, and its legal status is now listed as 'Strike Off', indicating it is no longer active.
While specifics on the Bounty app from Nanolocal are scarce, the general market for 'bounty' applications involves users earning rewards for completing tasks. These tasks can range from taking surveys and testing apps to mystery shopping and engaging with brand promotions. The business model for such apps typically involves connecting brands and market researchers with a large user base. Companies pay the platform to gain consumer insights or promotional engagement, and a portion of that payment is passed on to the users as rewards, often in the form of cash, gift cards, or digital coupons.
Keywords: Nanolocal Technologies, Bounty app, Medapati Satish, Mathangi Sri Ramachandran, mobile rewards, consumer insights, market research app, digital coupons, loyalty programs, brand engagement, paid surveys, app-based earnings, mystery shopping, Bangalore startup, software publishing, reward apps, user acquisition, consumer feedback, mobile marketing