About Devils Circuit
Devils Circuit is a Media & Entertainment company based in Gurugram (India) founded in 2012 by Adnan Adeeb and Zeba Zaidi Adeeb. Organizer of running sports event. 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. Devils Circuit was last valued at $2.73 million in March 2015. Its website devilscircuit.com draws about 107 thousand monthly visits. Its Indian entity Volano Entertainment Private Limited reported revenue of ₹17.2 Lakh. Devils Circuit offers products and services including Obstacle Races and Merchandise. Its focus areas include Consumer, Sports Services and Sports Event Organizers.
Company details
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.
- Headquarters Gurugram, India
- Employees 1
- Founders Adnan Adeeb, Zeba Zaidi Adeeb
- Stage Minicorn
- SectorsMedia & Entertainment
- Website category Sports · Running
- Website devilscircuit.com
- Social LinkedIn X Facebook Instagram
- Legal Name Volano Entertainment Private Limited
- Date of Incorporation 29 Dec, 2011
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹17.2 Lakh
FY 2025 · -99% YoY
- Net Loss-₹1.56 Cr
FY 2025 · -909% margin
- EBITDA-₹1.31 Cr
FY 2025 · -759% margin
- Total Equity Funding$2.01M (USD)
in 2 rounds
- Latest Funding Round$1.33M (USD), Seed
Jun 2023
- InvestorsApollo Life
& 4 more
- Employee Count1
Associated legal entities of Devils Circuit
Devils Circuit operates through Volano Entertainment Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Volano Entertainment Private Limited CIN U74900DL2011PTC229457 | Active | 29 Dec 2011 | New Delhi, Delhi | ₹0.2 Cr | 1 | 2 | View details |
Products & Services of Devils Circuit
Devils Circuit offers a comprehensive portfolio of products and services, including Obstacle Races and Merchandise.
Obstacle races are organized as 5 km events with 15 challenges that are provided to promote physical endurance and community engagement.
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.
- Total Funding $2.01M
- Total Rounds 2
- Last Round Seed — $1.33M
- First Round $678,518
(Mar 2015)
- Investors Count 5
All 2 funding rounds of Devils Circuit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $1.33M | Seed | – | Rainmatter | – |
| Mar 2015 | $678,518 | Seed | $2.73M | Adventure Trails India |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2015 | $2.73M | •••••••• |
Last known valuation $2.73M (Mar 2015). 5 investors in total: 3 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Indian fund focused on fintech, health, and climate initiatives. | rainmatter.com | Bengaluru, India | ||
Offers wellness programs, corporate health services, and online health products. | 2008 | apollolife.com | Hyderabad, India | |
RC Ram Charan Tej Konidala | unknown_38c51427b32648198 | |||
RP Rohith Panjgula | unknown_9d217430a2db40cea |
Investor details for Devils Circuit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Volano Entertainment Private Limited (Devils Circuit)
Volano Entertainment Private Limited is the primary company behind Devils Circuit. The board of Volano Entertainment Private Limited currently have 2 directors; the longest-serving is Adnan Adeeb, appointed in 2011. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Adnan Adeeb DIN 05135398 | Director | 29 Dec 2011 | 14 yrs 10 mo | Volano Entertainment Private Limited |
| Zeba Zaidi DIN 00148580 | Director | 29 Dec 2011 | 14 yrs 10 mo | Volano Entertainment Private Limited |
People of Devils Circuit
2 people are tracked at Devils Circuit (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Zeba Zaidi Adeeb | Co-Founder | Leadership |
Complete people profiles for Devils Circuit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Devils Circuit
Figures of Volano Entertainment Private Limited, the primary company behind Devils Circuit, for FY 2025. Revenue was ₹17.2 Lakh (-99% year on year). Net loss was -₹1.56 Cr (-909% margin). EBITDA was -₹1.31 Cr (-759% margin). Revenue has grown at a compounded annual rate of -34% over three years and -58% over five years.
- ₹17.2 LakhRevenue · FY 2025 · -99% YoY
- -₹1.56 CrNet loss · -909% margin
- -₹1.31 CrEBITDA · -759% margin
- ₹1.06 CrPaid-up capital
- 1Employees (provident fund records)
- -34%Revenue CAGR, 3 years
- -58%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Volano Entertainment Private Limited are on its company page.
Detailed financial statements for Devils Circuit
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Devils Circuit
4 dated milestones of Devils Circuit across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Devils Circuit is founded.
- Funding First funding round of $679K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.3M.
Web traffic of Devils Circuit
The website of Devils Circuit (devilscircuit.com) receives about 107.5K visits a month and ranks #320,906 among all websites worldwide, #10,451 in Running.
- Monthly visits107.5K
▼ 14.2% vs previous month
- Unique visitors58.2K
per month
- Global rank#320,906
among all websites
- Category rank#10,451
Sports · Running
- Bounce rate19%
- Pages per visit2.3
- Average visit51 sec
- DevicesDesktop 13% · Mobile 87%
Websites whose visitors overlap most with Devils Circuit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| spartan.com | 100% | 1.5M | #37,002 | View details | |
getmybib.com | getmybib.com | 91% | #325,662 | – | |
| linkedin.com | 72% | 1.9B | #18 | View details |
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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. The company's 1st funding round was a Seed of $678.52K, raised on Mar 2015.
Devils Circuit has 1 employees.
The primary company behind Devils Circuit, Volano Entertainment Private Limited, reported revenue of ₹17.2 Lakh for FY 2025, down 99% year on year.
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.
Devils Circuit operates through Volano Entertainment Private Limited.
The legal entities of Devils Circuit currently have 2 directors, including Adnan Adeeb, Zeba Zaidi.
The website of Devils Circuit receives about 107 thousand visits a month and ranks #320,906 among all websites worldwide.