LS Digital Valuation, Funding & Investors
LS Digital is valued at $25M as of July 2022.
Last LS Digital valuation
$25M
Series A · Jul 2022
Last LS Digital funding round
$300M
Undisclosed stage · Oct 2022
Cumulative funding LS Digital raised
$311M
across 3 funding rounds
Key investors in LS Digital
Florintree Advisors
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>)
Bhupinder Singh- Karan Bhagat
- Amit Dalmia
- Mahesh Pratapneni
- Pallab Chatterjee
About LS Digital
LS Digital is an internet marketing agency delivering performance-based online advertising services. Established in 2006 and Gurgaon-headquartered, the company specializes in search engine marketing, social media advertising, and programmatic campaigns. LS Digital serves e-commerce brands and enterprises in India with data analytics platforms for campaign optimization and ROI measurement.
Founded
2006
HQ
MumbaiWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Services
Valuation
$25M (Jul 2022)
Sectors
LS Digital Valuation
LS Digital is currently valued at $25M, based on its Series A in July 2022.
The $10M round was led by Florintree Advisors.
LS Digital valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2022 | Series A | $25M |
LS Digital Funding History
LS Digital has raised a total of $311M across 3 funding rounds.
LS Digital's first fundraising round was a $500K seed round in June 2015. The most recent completed round was a $300M undisclosed-stage round in October 2022.
LS Digital funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2022 | Undisclosed stage | Vasudev Jagannath; Bhupinder Singh; Karan Bhagat; Phaneesh Murthy; Amit Dalmia; Sudhanshu Vats | $300M | - | - |
| Jul 2022 | Series A | Florintree Advisors (lead) | $10M | $25M | LS Digital, formerly Logicserve Digital, is a digital marketing startup offering services in media, customer experience, data insights, and technology stack implementation for clients in India and the Middle East. The company raised INR 80 Cr from Florintree Advisors in a multi-stage deal around July 2022, divesting 35% stake, implying a post-money valuation of INR 229 Cr. Funds are allocated to strengthen media capabilities, pursue inorganic growth through acquisitions, and expand territories. Post-funding, LS Digital rebranded and acquired a majority stake in digital marketing firm Langoor to enhance customer experience in digital design, Metaverse, and Web3.0. Florintree Advisors, led by Mathew Cyriac, committed to additional infusions. The startup was in talks for a Series B round of INR 200 Cr at INR 1,000 Cr valuation within three to four months. Previously, it raised $500K from angels in 2015 and competes with WatConsult, iProspecyt, Webchutney, and Gozoop. |
| Jun 2015 | Seed | Mahesh Pratapneni; Pallab Chatterjee | $500K | - | - |
Who has invested in LS Digital?
9 investors have backed LS Digital across its funding rounds, including Florintree Advisors, Bhupinder Singh, Karan Bhagat, Amit Dalmia, Mahesh Pratapneni and Pallab Chatterjee.
Lead investors include Florintree Advisors.
LS Digital Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Mahesh Pratapneni | India | 1 | Participant | Jun 2015 |
| Vasudev Jagannath | -- | 1 | Participant | Oct 2022 |
| Bhupinder Singh | Mumbai | 1 | Participant | Oct 2022 |
| Karan Bhagat | Mumbai | 1 | Participant | Oct 2022 |
 San Francisco, CA | 1 | Participant | Oct 2022 | |
| Amit Dalmia | New York City, NY | 1 | Participant | Oct 2022 |
| Mumbai | 1 | Lead | Jul 2022 | |
This data is available for Pro users. Sign up to see all 9 LS Digital investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by LS Digital
LS Digital has acquired 3 companies to date.
Last acquisition by LS Digital was on August 14th 2023. LS Digital acquired Social Panga for undisclosed valuation.
Latest Acquisitions by LS Digital
| Description | Social Panga is a Bangalore-headquartered digital agency delivering branding, online marketing, and web development for 100-plus brands. Established in 2011, it crafts SEO, social media campaigns on Facebook and Twitter, plus UI/UX for apps serving clients like HDFC Bank and PepsiCo India. The agency runs unconventional activations, developing sites with custom CMS for e-commerce scalability. | f1Studioz is a Bengaluru, India-headquartered experience design studio founded in 2012 specializing in UX research, UI engineering, and product strategy. The company builds conversational AI interfaces, voice user experiences, and data visualization tools for clients in fintech, healthcare, and e-commerce. With a team experienced in design sprints and prototyping, f1Studioz delivers end-to-end digital products deployed on web, mobile, and emerging platforms across Asia and beyond. | Langoor is a digital agency with offices in Sydney, Australia, and Bangalore, India, specializing in web development, UI/UX design, branding, and digital marketing. The firm builds custom web applications, e-commerce platforms, and content management systems using technologies like React, Node.js, and AWS. Langoor develops SaaS products including Langoor.net for no-code website builders and Langoor.mobi for mobile site management, targeting small businesses in Australia and Asia-Pacific markets. |
| HQ Country | | | |
| HQ City | Bangalore | Bangalore | Bangalore |
| Deal Date | 14 Aug 2023 | 4 Oct 2022 | 1 Aug 2022 |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all LS Digital acquisitions and their M&A valuation multiples. Start Free Trial | |||
Investments by LS Digital
LS Digital has invested in 1 company to date.
Latest investment by LS Digital was on April 4th 2024. LS Digital invested in Aqilliz in their $200K Strategic investment round.
Latest Investments by LS Digital
| Description | Aqilliz is a blockchain platform enhancing digital advertising with decentralized data solutions. It enables brands to access verified consumer insights while rewarding users for engagement. Built on Ethereum, the ecosystem includes NFT marketplaces and loyalty programs for transparency in marketing spend. |
| HQ Country |  |
| HQ City | Singapore |
| Deal Date | 4 Apr 2024 |
| Round | Strategic investment |
| Raised | $200K |
| Investors | - |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all LS Digital investments and their VC round multiples. Start Free Trial | |
LS Digital Competitors
LS Digital competitors include listed companies like Global Traffic Network, Pureprofile and Illumin Holdings, and private ones like Surefire Local, Digital OAT and Iruda Marketing.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| United States | Private | - | - | $25M | - | |
 Australia | Publicly listed | $128M | $3M | $24M | 0.3x | |
| Australia | Publicly listed | $46M | $4M | $26M | 0.5x | |
| India | Private | - | - | $26M | - | |
 Canada | Publicly listed | $103M | ($7M) | $26M | 0.0x | |
 Seoul | Private | - | - | $23M | - |
LS Digital Public Comps
LS Digital is still privately-owned, but its public comps include Global Traffic Network, Pureprofile, Illumin Holdings, Impact Fusion International, ISPD Network, IMS S.A., DigiTouch, Mobiquity Technologies, Metacare and Fill Up Media.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $128M | $3M | 0.2x | 0.3x | 8.2x | 3.1x | |||
| $46M | $4M | 0.5x | 0.5x | 6.4x | 4.6x | |||
| $103M | ($7M) | 0.1x | 0.0x | (0.7x) | 14.4x | |||
| - | - | - | - | - | - | |||
| $165M | $4M | 0.2x | 0.2x | 7.6x | 6.0x | |||
| $18M | $5M | 1.8x | 1.7x | 6.5x | 6.5x | |||
| $48M | $8M | 0.8x | - | 4.6x | - | |||
| $112K | ($9M) | 198.1x | - | (2.5x) | - | |||
This data is available for Pro users. Sign up to see all LS Digital competitors and their valuation data. Start Free Trial | ||||||||
Common questions about LS Digital
| When was LS Digital founded? | LS Digital was founded in 2006. |
| Where is LS Digital headquartered? | LS Digital is headquartered in Mumbai, India. |
| Is LS Digital publicly listed? | No, LS Digital is a private, VC-backed company. |
| What is LS Digital's valuation? | LS Digital was last valued at $25M in its Series A in July 2022. |
| How much funding has LS Digital raised? | LS Digital has raised $311M across 3 funding rounds. |
| What was LS Digital's last funding round? | LS Digital's last funding round was a $300M undisclosed-stage round in October 2022. |
| Who are LS Digital's investors? | LS Digital's investors include Mahesh Pratapneni, Vasudev Jagannath, Bhupinder Singh, Karan Bhagat, Phaneesh Murthy, Amit Dalmia, Florintree Advisors, Sudhanshu Vats and Pallab Chatterjee. |
| Which companies are comparable to LS Digital? | Companies comparable to LS Digital include Surefire Local, Global Traffic Network, Pureprofile, Digital OAT, Illumin Holdings and Iruda Marketing. |
| How many companies has LS Digital acquired? | LS Digital has acquired 3 companies, including Social Panga, f1studioz and Langoor. |
| How many companies has LS Digital invested in? | LS Digital has invested in 1 company, including Aqilliz. |
| What was LS Digital's last investment? | In April 2024, LS Digital invested in Aqilliz's $200K strategic investment round. |
See companies similar to LS Digital
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.