BuyStars

Gurugram, India Founded: 2021 • Age: 5 yrs
Online fantasy cricket gaming platform
Annual revenue $253,719 Latest available
Total funding $9.0M 2 rounds
Employees 34 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About BuyStars

BuyStars is a company based in Gurugram (India) founded in 2021 by Sriram Krishnamoorthy and Aman Satija. BuyStars has raised $9 million across 2 funding rounds from investors including Leo Capital, Lumikai and Chiratae Ventures. The company has 34 employees as of March 30, 2024. BuyStars operates in a competitive market with competitors including DraftKings, FanDuel, Dream Sports, MPL and GreenPark Sports, among others.

  • Headquarter Gurugram, India
  • Employees 34 as on 30 Mar, 2024
  • Founders Sriram Krishnamoorthy, Aman Satija
  • Sectors
    Media & Entertainment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Arkimy Technologies Private Limited
  • Date of Incorporation 03 Nov, 2021
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Media & Entertainment → Sports, Events & Attractions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $253.72 K (USD)
    166804.85
    as on Mar 31, 2023
  • Net Profit
    -$1.68 M (USD)
    -412.82
    as on Mar 31, 2023
  • EBITDA
    -$2.08 M (USD)
    -407.18
    as on Mar 31, 2023
  • Total Equity Funding
    $9 M (USD)

    in 2 rounds

  • Latest Funding Round
    $5 M (USD), Seed

    Mar 15, 2023

  • Investors
    Leo Capital

    & 3 more

  • Employee Count
    34

    as on Mar 30, 2024

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Funding Insights of BuyStars

BuyStars has successfully raised a total of $9M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in BuyStars

BuyStars has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Leo Capital, Lumikai and Chiratae Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital investments are directed toward entertainment sectors.
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Venture capital fund focused on seed-stage startups
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Venture capital fund investing in early stage, technology-centric opportunities
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Investor details for BuyStars

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Investments & Acquisitions by BuyStars

Investments
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Investment portfolio details for BuyStars

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  • Transaction dates
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Financial Statements - BuyStars

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Detailed financials for BuyStars

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Buystars Comparisons

BuyStars Primary company
Description
Online fantasy cricket gaming platform
Location
Gurugram, India
Founded Year
2021
Annual Revenue
$253.72 K (USD)
Net Profit
-$1.68 M (USD)
EBITDA
-$2.08 M (USD)
Employees
34
As of 2024
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Peer comparison for BuyStars

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Competitors of BuyStars

BuyStars operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DraftKings, FanDuel, Dream Sports, MPL and GreenPark Sports, among others.

Company Name Domain Founded year HQ Location Description
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Online fantasy sports platforms are provided for multiple sports.
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Developer of a fantasy platform for multiple sports
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Operator of a multifaceted platform for sports content and experiences
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Real money skill-based gaming is facilitated through an online platform.
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Provider of a mobile app for multiple fantasy sports
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Developer of an online fantasy sports platform
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Detailed competitors of BuyStars

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Latest news on Buystars

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Complete news archive for BuyStars

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Frequently Asked Questions about BuyStars

BuyStars was founded in 2021.

BuyStars is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

BuyStars is a funded company, having raised a total of $9M across 2 funding rounds to date.

As of Mar 30, 2024, the latest employee count at BuyStars is 34.

Annual revenue of BuyStars is $253.72K as on Mar 31, 2023.

BuyStars was founded in 2021 and is headquartered in Gurugram, India. The platform operates in the online fantasy sports sector, with a focus on cricket. Digital cards representing players are bought, sold, and employed by users to join contests. Rewards are provided through various gaming formats, serving cricket enthusiasts globally via its website.

BuyStars's top competitors include FanDuel, DraftKings and Dream Sports.

BuyStars has 4 investors. Key investors include Leo Capital, Lumikai, Chiratae Ventures, and Misfits.

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