Devils Circuit

Gurugram, India Founded: 2012 • Age: 14 yrs
Organizer of running sports event
Annual revenue $72,357 Latest available
Total funding $2.0M 2 rounds
Employees 1 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Devils Circuit

Devils Circuit is a company based in Gurugram (India) founded in 2012 by Adnan Adeeb and Zeba Zaidi Adeeb. Devils Circuit has raised $2.01 million across 2 funding rounds from investors including Apollo Life, Rainmatter and Ram Charan Tej Konidala. The company has 1 employees as of March 28, 2024. Devils Circuit offers products and services including Obstacle Races and Merchandise.

  • Headquarter Gurugram, India
  • Employees 1 as on 28 Mar, 2024
  • Founders Adnan Adeeb, Zeba Zaidi Adeeb
  • Stage Minicorn
  • Sectors
    Media & Entertainment
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Volano Entertainment Private Limited
  • Date of Incorporation 29 Dec, 2011
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Media & Entertainment → Sports, Events & Attractions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $72.36 K (USD)
    -71.11
    as on Mar 31, 2022
  • Net Profit
    -$159.85 K (USD)
    36.54
    as on Mar 31, 2022
  • EBITDA
    -$159.38 K (USD)
    27.3
    as on Mar 31, 2022
  • Total Equity Funding
    $2.01 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.33 M (USD), Seed

    Jun 01, 2023

  • Investors
    Apollo Life

    & 4 more

  • Employee Count
    1

    as on Mar 28, 2024

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Products & Services of Devils Circuit

Devils Circuit offers a comprehensive portfolio of products and services, including Obstacle Races and Merchandise.

Product name locked
Category locked
Primary

Obstacle races are organized as 5 km events with 15 challenges that are provided to promote physical endurance and community engagement.

Product name locked
Category locked
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Merchandise such as t-shirts and medals is offered to participants as part of the rewards system in these events.

Funding Insights of Devils Circuit

Devils Circuit has successfully raised a total of $2.01M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.33 million completed in June 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 Devils Circuit

Devils Circuit has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Apollo Life, Rainmatter and Ram Charan Tej Konidala.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Indian fund focused on fintech, health, and climate initiatives.
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Offers wellness programs, corporate health services, and online health products.
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Investor details for Devils Circuit

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Investments & Acquisitions by Devils Circuit

Investments
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Investment portfolio details for Devils Circuit

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Financial Statements - Devils Circuit

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Detailed financials for Devils Circuit

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Devils Circuit Comparisons

Devils Circuit Primary company
Description
Organizer of running sports event
Location
Gurugram, India
Founded Year
2012
Annual Revenue
$72.36 K (USD)
Net Profit
-$159.85 K (USD)
EBITDA
-$159.38 K (USD)
Employees
1
As of 2024
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Peer comparison for Devils Circuit

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Competitors of Devils Circuit

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Detailed competitors of Devils Circuit

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Latest news on Devils Circuit

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Frequently Asked Questions about Devils Circuit

Devils Circuit was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Devils Circuit is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Devils Circuit is a funded company, having raised a total of $2.01M across 2 funding rounds to date.

As of Mar 28, 2024, the latest employee count at Devils Circuit is 1.

Annual revenue of Devils Circuit is $72.36K as on Mar 31, 2022.

Devils Circuit organizer of running sports event through consumer, sports services, and sports event organizers. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Devils Circuit offers Obstacle Races and Merchandise.

Devils Circuit has 5 investors. Key investors include Apollo Life, Rainmatter, Ram Charan Tej Konidala, Rohith Panjgula, and Adventure Trails India.

The valuation of Devils Circuit is $2.73M as of Mar 2015.

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