About FanCraze
FanCraze is a company based in Mumbai (India) founded in 2021 by Kushagra Kohli and Anshum Bhambri.. FanCraze has raised $117.4 million across 2 funding rounds from investors including Mirae Asset, Peak XV Partners and Insight Partners. The company has 1 employees as of March 29, 2024. FanCraze offers products and services including Digital Collectibles, Player Cards, Cash Rewards, and Refer and Earn. FanCraze operates in a competitive market with competitors including Colexion, Unblockable, SportZchain, MyTVchain and Mythos Cards, among others.
- Headquarter Mumbai, India
- Employees 1 as on 29 Mar, 2024
- Founders Kushagra Kohli, Anshum Bhambri
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Fancraze Software Private Limited
- Date of Incorporation 29 Sep, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.51 M (USD)10440.23as on Mar 31, 2023
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Net Profit
$12.12 K (USD)256.08as on Mar 31, 2023
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EBITDA
$19.76 K (USD)1221.56as on Mar 31, 2023
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Total Equity Funding
$117.4 M (USD)
in 2 rounds
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Latest Funding Round
$100 M (USD), Series A
Mar 22, 2022
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Investors
Mirae Asset
& 7 more
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Employee Count
1
as on Mar 29, 2024
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Products & Services of FanCraze
FanCraze offers a comprehensive portfolio of products and services, including Digital Collectibles, Player Cards, Cash Rewards, and Refer and Earn. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for acquiring and trading cricket-themed digital items.
Virtual cards featuring cricket players for rewards and collection.
Program offering cash incentives through user participation.
System for earning rewards by inviting friends to join.
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Funding Insights of FanCraze
FanCraze has successfully raised a total of $117.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $100 million completed in March 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 Total Funding
- Total Rounds 2
- Last Round Series A — $100.0M
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First Round
First Round
(03 Nov 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - FanCraze | Valuation | Insight Partners , B Capital | |
| Nov, 2021 | Amount | Seed - FanCraze | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FanCraze
FanCraze has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Mirae Asset, Peak XV Partners and Insight Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Provider of an investment platform for various stages
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FanCraze
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FanCraze
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fancraze Comparisons
Competitors of FanCraze
FanCraze 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 Colexion, Unblockable, SportZchain, MyTVchain and Mythos Cards, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Licensed NFT marketplace for sports and entertainment collectibles is provided.
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| domain | founded_year | HQ Location |
Unblockable operates a digital marketplace for blockchain-based sports collectibles.
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| domain | founded_year | HQ Location |
Blockchain-enabled fan engagement solutions are provided for sports enthusiasts.
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| domain | founded_year | HQ Location |
Online marketplace for NFT-based sports cards is provided.
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| domain | founded_year | HQ Location |
Platform that offers collectible cards related to football clubs
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fancraze
Frequently Asked Questions about FanCraze
When was FanCraze founded?
FanCraze was founded in 2021.
Where is FanCraze located?
FanCraze is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is FanCraze a funded company?
FanCraze is a funded company, having raised a total of $117.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $17.4M, raised on Nov 03, 2021.
How many employees does FanCraze have?
As of Mar 29, 2024, the latest employee count at FanCraze is 1.
What is the annual revenue of FanCraze?
Annual revenue of FanCraze is $1.51M as on Mar 31, 2023.
What does FanCraze do?
FanCraze was established in 2021 in Mumbai, India, within the digital collectibles and fantasy sports sector. An online platform is operated for cricket enthusiasts, where digital player cards are bought, sold, and traded. Participation in games and activities is enabled, allowing wins of cash prizes and exclusive experiences through user interactions on the domain fancraze.com.
Who are the top competitors of FanCraze?
FanCraze's top competitors include Colexion, SportZchain and MyTVchain.
What products or services does FanCraze offer?
FanCraze offers Digital Collectibles, Player Cards, Cash Rewards, and Refer and Earn.
Who are FanCraze's investors?
FanCraze has 8 investors. Key investors include Mirae Asset, Peak XV Partners, Insight Partners, Tiger Global, and Coatue.
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