Xurpas Inc. is a consumer technology company. Its headquarters is located in Makati Manila, Philippines. The company focuses on different business activities within the IT industry through its product and service based business. History Xurpas was founded in Philippines in 2001. Its founders are Nico Jose "Nix" Nolledo, Fernando Jude Garcia and Raymond Racaza. The company started with a start up capital of ₱62,500 pesos, they met while working at iAyala Company, Incorporated an internet company arm of Ayala Corporation at that time, they are into programming and like developing programs and apps, they used to work inside an office that looks like a garage, it is the small office of Nix Nolledo's father, the company was bootstrap early on, from 2002 to 2013 the company pivoted their business model and grew their mobile and application based business and services. 2014 - 2018 - First Filipino tech company ever to IPO, company losses and stock price fallout In 2014 Xurpas has filed for Initial public offering. It is currently listed in the Philippine Stock Exchange. By 2015 Xurpas formed Xeleb Inc. which saw the firm venturing into celebrity based mobile app games the celebrities included are: Anne Curtis, Isabelle Daza, Kim Atienza and Erwan Heussaff as principal shareholders. Xurpas create AldubYou mobile game in 2015 as well riding on the cult like success of the AlDub team of Maine Mendoza and Alden Richards, Xurpas teamed up with Eat Bulaga producer Tape Inc. to launch the mobile game. On that same year Xurpas acquires 51% stake of Yondu Inc. a subsidiary of Globle Telecom Inc. additionally Xurpas buys into Singapore-based gaming firm MatchMe. In 2015 ahead of 2016 Philippine Election polls Xurpas wants to raise approximately $70 million dollars (₱3.3 billion pesos) from a mix of equity offerings for 2016 to be able to keep up with its regional expansion plan.In early 2016 Xurpas buys 23.53% stake in Hong Kong based Micro Benefits. The first-ever Filipino tech company to go public Xurpas has a rough 2016 just a year after its IPO as its stock bombed and tumbles. On that same year Xurpas began buying shares to increase its stock value. By 2017 Xurpas stock continues to tumble after more than two years of its debut in the Philippine Stock Exchange as it's stock price continues to go down as it lost half of its price from its peak as market