About EsportsXO
EsportsXO is a Media & Entertainment company based in Bengaluru (India) founded in 2020 by Utsav Umang, Vikas Devender Goel, and Rohit Raj. Online gaming tournaments are managed via a SaaS platform. EsportsXO has raised $1.16 million across 6 funding rounds from investors including Mumbai Angels, We Founder Circle and Lepton Software. The company has 19 employees. EsportsXO was last valued at $4.86 million in January 2022. Its chief executive, as recorded, is Vikas Devender Goel. Its Indian entity Techno Xo Private Limited reported revenue of ₹9.59 Cr. EsportsXO offers products and services including BattleXO Hub and Marketplace. Its focus areas include Gaming, Gaming Tech, eSports Tournament Management and eSports.
Company details
EsportsXO was founded in 2020 in Bengaluru, India, within the esports sector. A platform called Battle XO is provided as a SaaS solution for designing, launching, and managing online gaming competitions. Professional players, enthusiasts, brands, and creators are connected through mobile and web applications to participate in tournaments, weekly scrims, and content creation activities. Operations focus on facilitating competitive gaming events.
- Headquarters Bengaluru, India
- Employees 19
- Founders Utsav Umang, Vikas Devender Goel, Rohit Raj
- Stage Minicorn
- SectorsMedia & Entertainment
- Website esportsxo.gg
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Techno Xo Private Limited
- Date of Incorporation 23 Jun, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹9.59 Cr
FY 2025 · -12% YoY
- Net Loss-₹38.3 Lakh
FY 2025 · -4% margin
- EBITDA-₹12 Lakh
FY 2025 · -1% margin
- Total Equity Funding$1.16M (USD)
in 6 rounds
- InvestorsMumbai Angels
& 70 more
- Employee Count19
Associated legal entities of EsportsXO
EsportsXO operates through Techno Xo 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 |
|---|---|---|---|---|---|---|---|
| Techno Xo Private Limited CIN U72900KA2020PTC135163 | Active | 23 Jun 2020 | Bangalore, Karnataka | ₹9.6 Cr | 19 | 3 | View details |
Products & Services of EsportsXO
EsportsXO offers a comprehensive portfolio of products and services, including BattleXO Hub and Marketplace.
Tool for creating and scheduling esports tournaments with AI automation.
Platform for gamers to showcase and monetize creative skills like CFX and GFX.
Apps and channels of EsportsXO
its YouTube channel EsportsXO has 20.1K subscribers and 24 videos.
Videos from EsportsXO
The most watched videos on EsportsXO's YouTube channel, EsportsXO (20.1K subscribers). Click a video to play it here.
More on EsportsXO.
Funding Insights of EsportsXO
EsportsXO has successfully raised a total of $1.16M across 6 strategic funding rounds. 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 $1.16M
- Total Rounds 6
- Investors Count 71
All 6 funding rounds of EsportsXO 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 |
|---|---|---|---|---|---|
| Dec 2023 | Seed | – | Orbit Startups | ||
| Jan 2023 | $58,919 | Seed | – | – | |
| Sep 2022 | Seed | – | We Founder Circle | ||
| Jan 2022 | Seed | $4.86M | – | ||
| Nov 2021 | $1.1M | Seed | $4.86M | Apoorva Kothari, We Founder Circle | |
| Dec 2020 | Seed | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2022 | $4.86M | •••••••• |
| Nov 2021 | $4.86M | •••••••• |
Last known valuation $4.86M (Jan 2022). 71 investors in total: 20 institutional and 51 angel.
Investors in EsportsXO
EsportsXO has secured backing from 71 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Mumbai Angels, We Founder Circle and Lepton Software.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in early to growth-stage tech startups across various sectors. | 2016 | sucseed-indovation.com | Hyderabad, India | |
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
Investment in early-stage startups and global community support. | 2020 | wefoundercircle.com | Mumbai, India | |
Startups are incubated across sectors without restrictions. | orbitstartups.com | Shanghai, China | ||
Investments are made in early-stage technology and consumer-led companies. | aumvc.com | Abu Dhabi, United Arab Emirates | ||
Venture capital firm focused on early-stage companies | gauravsinghviventures.com | Surat, India | ||
Venture capital and accelerator services are provided across multiple sectors. | sosv.com | Cork, Ireland | ||
Angel network focused on early-stage investments | 2015 | faad.in | Delhi, India | |
Venture capital firm focused on gaming companies | ||||
Venture capital investments are managed by this single-family office. | wamicapital.com | Dubai, United Arab Emirates |
Investor details for EsportsXO
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 Techno Xo Private Limited (EsportsXO)
Techno Xo Private Limited is the primary company behind EsportsXO. The board of Techno Xo Private Limited currently have 3 directors; the longest-serving is Utsav Umang, appointed in 2020. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Utsav Umang DIN 08622537 | Whole-time director | 23 Jun 2020 | 6 yrs 4 mo | Techno Xo Private Limited |
| Vikas Devender Goel DIN 07166797 | Whole-time director | 23 Jun 2020 | 6 yrs 4 mo | Techno Xo Private Limited |
| Rohit Raj DIN 09242345 | Whole-time director | 31 Mar 2021 | 5 yrs 7 mo | Techno Xo Private Limited |
People of EsportsXO
3 people are tracked at EsportsXO (3 in leadership); the tracked headcount is 19.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for EsportsXO
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 EsportsXO
Figures of Techno Xo Private Limited, the primary company behind EsportsXO, for FY 2025. Revenue was ₹9.59 Cr (-12% year on year). Net loss was -₹38.3 Lakh (-4% margin). EBITDA was -₹12 Lakh (-1% margin). Revenue has grown at a compounded annual rate of -8% over three years.
- ₹9.59 CrRevenue · FY 2025 · -12% YoY
- -₹38.3 LakhNet loss · -4% margin
- -₹12 LakhEBITDA · -1% margin
- ₹13,030Paid-up capital
- 19Employees (provident fund records)
- -8%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Techno Xo Private Limited are on its company page.
Detailed financial statements for EsportsXO
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 EsportsXO
4 dated milestones of EsportsXO across 3 years, from founding to its latest funding, stage changes and deals.
- Founded EsportsXO is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed,.
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Related news about Esportsxo
Complete news archive for EsportsXO
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about EsportsXO
EsportsXO was founded in 2020.
EsportsXO is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vikas Devender Goel is the CEO of EsportsXO, as recorded in our data. They have also founded this company.
EsportsXO is a funded company, having raised a total of $1.16M across 6 funding rounds to date.
EsportsXO has 19 employees.
The primary company behind EsportsXO, Techno Xo Private Limited, reported revenue of ₹9.59 Cr for FY 2025, down 12% year on year.
EsportsXO was founded in 2020 in Bengaluru, India, within the esports sector. A platform called Battle XO is provided as a SaaS solution for designing, launching, and managing online gaming competitions. Professional players, enthusiasts, brands, and creators are connected through mobile and web applications to participate in tournaments, weekly scrims, and content creation activities. Operations focus on facilitating competitive gaming events.
EsportsXO offers BattleXO Hub and Marketplace.
EsportsXO has 71 investors. Key investors include Mumbai Angels, We Founder Circle, Lepton Software, Faad Capital, and SucSEED Indovation.
The valuation of EsportsXO is $4.86M as of Jan 2022.
EsportsXO operates through Techno Xo Private Limited.
The legal entities of EsportsXO currently have 3 directors, including Rohit Raj, Utsav Umang, Vikas Devender Goel.