About E-Reasoning
E-Reasoning is a Media & Entertainment company based in Hyderabad (India) founded in 2019 by Nitin Padmawar. Gambling news and information are delivered via an online portal. E-Reasoning has raised $872.52 thousand across 4 funding rounds from investors including Ramesh Chandra Majithia, Srinivas Isola and Saji Desouza. E-Reasoning was last valued at $8.27 million in April 2022. Its chief executive, as recorded, is Aneesh Reddy Boddu. Its focus areas include Internet First Media, Lifestyle, Thematic and Gambling. Its legal entity in India is Reasoning Global Eapplications Private Limited (U72200TG2007PTC053989).
Company details
E-Reasoning was founded in 2019 in Hyderabad, India, as an online news portal in the gambling sector. Content on gambling news, deposit and withdrawal limits, gambler education, events, and online casinos is provided. Keyword-based searches are enabled for users. Revenue is generated through display advertisements, with operations centered on informational services for the gambling community.
- Headquarters Hyderabad, India
- Founders Nitin Padmawar
- Stage Minicorn
- SectorsMedia & Entertainment
- Website ereasoning.com
- Legal Name Reasoning Global Eapplications Private Limited
- Date of Incorporation 14 May, 2007
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹27,000
FY 2025
- Net Loss-₹2,500
FY 2025 · -9% margin
- EBITDA-₹2,500
FY 2025 · -9% margin
- Total Equity Funding$872.52K (USD)
in 4 rounds
- Latest Funding Round$372.8K (USD), Angel Round
Apr 2022
Associated legal entities of E-Reasoning
E-Reasoning is associated with 2 registered companies on The Company Check; the primary company is Reasoning Global Eapplications Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Reasoning Global Eapplications Private Limited CIN U72200TG2007PTC053989 | Active | 14 May 2007 | Hyderabad, Telangana | ₹0.0 Cr | 2 | 2 | View details |
| Zono Tradetech Private Limited CIN U72900TG2019PTC132230 | Active | 23 Apr 2019 | Hyderabad, Telangana | ₹2.9 Cr | 20 | 3 | View details |
Funding Insights of E-Reasoning
E-Reasoning has successfully raised a total of $872.52K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $372.8 thousand completed in April 2022. 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 $872,517
- Total Rounds 4
- Last Round Angel Round — $372,801
- First Round $209,703
(Aug 2019)
- Investors Count 16
All 4 funding rounds of E-Reasoning 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 |
|---|---|---|---|---|---|
| Apr 2022 | $372,801 | Angel Round | $8.27M | Ramesh Chandra Majithia | |
| Mar 2021 | $185,217 | Angel Round | $3.67M | Uma Rani | |
| Oct 2020 | $104,796 | Angel Round | $••••• | Venumadhav Yerra | |
| Aug 2019 | $209,703 | Angel Round | $••••• | Venumadhav Yerra |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $8.27M | •••••••• |
| Mar 2021 | $3.67M | •••••••• |
| Oct 2020 | $••••• | •••••••• |
| Aug 2019 | $••••• | •••••••• |
Full valuation and stage history of E-Reasoning
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $8.27M (Apr 2022). 16 investors in total: 0 institutional and 16 angel.
Investors in E-Reasoning
E-Reasoning has secured backing from 16 investors, including angel investors. Prominent investors backing the company include Ramesh Chandra Majithia, Srinivas Isola and Saji Desouza.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
RC Ramesh Chandra Majithia | unknown_bc9ef71e510144839 | |||
SI Srinivas Isola | unknown_be161ca756544e57a | |||
SD Saji Desouza | unknown_d89246de67824611b | |||
LM Lanka Muralidhar Venkatanaga | unknown_0a019ea4cf824ef8a | |||
KS Kesri Singh | unknown_9011ba542e534c109 | |||
UR Uma Rani | unknown_4f476668f8184fe29 | |||
PB Pradeep Banerjee | unknown_7bdff99ae69c44b49 | |||
AA Atul Anant Chitale | unknown_3eb9b86c4d4e4de18 | |||
RA Rohan Anant Chitale | unknown_363d8bd56070439b9 | |||
SR Subodh Raju | unknown_0eca8fc48b9c40d5b |
Investor details for E-Reasoning
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Reasoning Global Eapplications Private Limited (E-Reasoning)
Reasoning Global Eapplications Private Limited is the primary company behind E-Reasoning. The boards of the 2 registered companies of E-Reasoning currently have 5 directors; the longest-serving is Nitin Manohar Padmawar, appointed in 2019. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nitin Manohar Padmawar DIN 01789831 | Whole-time director | 23 Apr 2019 | 7 yrs 6 mo | Zono Tradetech Private Limited |
| Kasliwal Girish Babulal DIN 01794611 | Whole-time director | 14 Mar 2022 | 4 yrs 7 mo | Zono Tradetech Private Limited |
| Vishal Ranjan DIN 02041538 | Director | 03 Apr 2024 | 2 yrs 6 mo | Zono Tradetech Private Limited |
| Maruthi Reddy Sajjanakapurami Reddy DIN 11290481 | Additional Director | 25 Sep 2025 | 1 yr 1 mo | Reasoning Global Eapplications Private Limited |
| Krishna Rao Polakampalli DIN 11290388 | Additional Director | 25 Sep 2025 | 1 yr 1 mo | Reasoning Global Eapplications Private Limited |
People of E-Reasoning
2 people are tracked at E-Reasoning (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| CEO | Leadership |
Complete people profiles for E-Reasoning
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 E-Reasoning
Figures of Reasoning Global Eapplications Private Limited, the primary company behind E-Reasoning, for FY 2025. Revenue was ₹27,000. Net loss was -₹2,500 (-9% margin). EBITDA was -₹2,500 (-9% margin). Revenue has grown at a compounded annual rate of -34% over five years.
- ₹27,000Revenue · FY 2025
- -₹2,500Net loss · -9% margin
- -₹2,500EBITDA · -9% margin
- ₹1.15 CrPaid-up capital
- 2Employees (provident fund records)
- -34%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Reasoning Global Eapplications Private Limited are on its company page.
Detailed financial statements for E-Reasoning
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 E-Reasoning
4 dated milestones of E-Reasoning across 3 years, from founding to its latest funding, stage changes and deals.
- Founded E-Reasoning is founded.
- Funding First funding round of $210K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $373K.
Top companies in DTC Media Innovators
3 companies that operate in the same segment as E-Reasoning (DTC Media Innovators) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified gaming and sports media platforms are operated and developed. | 1999 | Mumbai, Maharashtra, India | USD 127.93 M | USD 194.94 M | 63 | |
Multi-category news is curated and delivered in multiple languages. | 2009 | Bengaluru, Karnataka, India | USD 129.01 M | 942 | ||
Hyperlocal short news app is provided in multiple languages. | 2014 | Hyderabad, Telangana, India | USD 30.77 M | USD 5.35 M | 309 |
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Frequently Asked Questions about E-Reasoning
E-Reasoning was founded in 2019.
E-Reasoning is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Aneesh Reddy Boddu is the CEO of E-Reasoning, as recorded in our data.
E-Reasoning is a funded company, having raised a total of $872.52K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $209.7K, raised on Aug 2019.
The primary company behind E-Reasoning, Reasoning Global Eapplications Private Limited, reported revenue of ₹27,000 for FY 2025.
E-Reasoning was founded in 2019 in Hyderabad, India, as an online news portal in the gambling sector. Content on gambling news, deposit and withdrawal limits, gambler education, events, and online casinos is provided. Keyword-based searches are enabled for users. Revenue is generated through display advertisements, with operations centered on informational services for the gambling community.
E-Reasoning has 16 investors. Key investors include Ramesh Chandra Majithia, Srinivas Isola, Saji Desouza, Lanka Muralidhar Venkatanaga, and Kesri Singh.
The valuation of E-Reasoning is $8.27M as of Apr 2022.
E-Reasoning is associated with 2 legal entities: Reasoning Global Eapplications Private Limited, Zono Tradetech Private Limited.
The legal entities of E-Reasoning currently have 5 directors, including Vishal Ranjan, Kasliwal Girish Babulal, Nitin Manohar Padmawar and others.