Botim Analysis: $500M Raised
What is Botim?
Botim is a voice and video calling application offering communication technologies and digital media services, primarily for users in the Middle East and South Asia.
Founded
2018
Revenue
$1.05B
Investors
- Astra Tech (acquired Botim in January 2023)
Product Features & Capabilities
- Free, secure messaging and calling, unlimited worldwide calling, high-quality private and group voice/video calls, payment platform for e-wallet top-ups, online/offline payments, money transfers, instant online discounts, group chats up to 500 members, digital KYC, mobile recharges, bill payments.
Pricing
- BOTIM VIP Monthly: $1.49
- BOTIM VIP Yearly: $12.99
- BOTIM Family Bundle Monthly: $3.99
- BOTIM VIP Monthly (UAE): AED 4.99
How much Botim raised
January 12, 2023 - $500 million
Lead Investor: Astra Tech (led by G42)
Market Focus
Botim primarily focuses on the telecommunications and financial technology (fintech) industries, offering messaging and calling services along with a payment platform for financial transactions.
Business Model
Freemium model with premium subscriptions, in-app purchases, and targeted advertising revenue.
Competitors Overview
Botim's main competitors in the messaging and calling app market include:
- WhatsApp: A globally recognized messaging app with over a billion active users. It offers voice and video calls, text messaging, and end-to-end encryption. WhatsApp is known for its user-friendly interface and simplici
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