About FanPlay
FanPlay is a company based in Bengaluru (India) founded in 2020.. FanPlay has raised $853.95 thousand across 4 funding rounds from investors including Indian Institute of Science, Mindport Systems and Ceramet Consultants. The company has 1 employees as of April 06, 2024. FanPlay offers products and services including Smart Jersey, Smart Sports Bra, and Fan Engagement Platform. FanPlay operates in a competitive market with competitors including Withings, Fitbit, Whoop, iHealth Labs and Garmin International, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 06 Apr, 2024
- Stage Minicorn
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Sectors
HealthcareTechnology Media & Entertainment
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Email
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Phone
*********
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Website
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Social
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- Legal Name Fanplay Iot Technologies Private Limited
- Date of Incorporation 22 Aug, 2020
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$29.08 K (USD)0as on Mar 31, 2022
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Net Profit
$-188 K (USD)-34.02as on Mar 31, 2022
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EBITDA
$-180.48 K (USD)-28.36as on Mar 31, 2022
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Total Equity Funding
$853.95 K (USD)
in 4 rounds
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Latest Funding Round
$59.34 K (USD), Angel Round
Jul 26, 2024
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Investors
Indian Institute of Science
& 27 more
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Employee Count
1
as on Apr 06, 2024
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Products & Services of FanPlay
FanPlay offers a comprehensive portfolio of products and services, including Smart Jersey, Smart Sports Bra, and Fan Engagement Platform. 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.
Monitors heart-rate using ECG for sports performance tracking.
Heart-rate monitoring device for fitness and vital sign tracking.
Facilitates interactive challenges and fan interactions online.
Funding Insights of FanPlay
FanPlay has successfully raised a total of $853.95K across 4 strategic funding rounds. The most recent funding activity was a Angel Round round of $59.34 thousand completed in July 2024. 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 4
- Last Round Angel Round — $59,343
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First Round
First Round
(02 Feb 2022)
- Investors Count 28
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Angel Round - FanPlay | Valuation |
investors |
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| Mar, 2024 | Amount | Angel Round - FanPlay | Valuation |
investors |
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| May, 2023 | Amount | Seed - FanPlay | Valuation | Indian Institute of Science |
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| 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 FanPlay
FanPlay has secured backing from 28 investors, including institutional and angel investors. Prominent investors backing the company include Indian Institute of Science, Mindport Systems and Ceramet Consultants. 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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University offering multiple courses and degrees across engineering, science & technology streams
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Founded Year | Domain | Location | |
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Management consulting services are provided to businesses.
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Founded Year | Domain | Location | |
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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 FanPlay
| 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 - FanPlay
| 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 |
Fanplay Comparisons
Competitors of FanPlay
FanPlay 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 Withings, Fitbit, Whoop, iHealth Labs and Garmin International, 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 |
Connected devices for health, sleep, and activity monitoring are developed.
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| domain | founded_year | HQ Location |
Smartwatches and fitness trackers are provided for activity monitoring.
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| domain | founded_year | HQ Location |
Provider of a smart wearable device for physical activities monitoring
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| domain | founded_year | HQ Location |
Personal healthcare devices for vital monitoring are designed and produced.
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| domain | founded_year | HQ Location |
Smart fitness trackers and watches are developed for performance monitoring.
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| domain | founded_year | HQ Location |
Wearable technology is integrated into smart workout clothing by Athos.
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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 Fanplay
Frequently Asked Questions about FanPlay
When was FanPlay founded?
FanPlay was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is FanPlay located?
FanPlay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is FanPlay a funded company?
FanPlay is a funded company, having raised a total of $853.95K across 4 funding rounds to date. The company's 1st funding round was a Seed of $145.87K, raised on Feb 02, 2022.
How many employees does FanPlay have?
As of Apr 06, 2024, the latest employee count at FanPlay is 1.
What is the annual revenue of FanPlay?
Annual revenue of FanPlay is $29.08K as on Mar 31, 2022.
What does FanPlay do?
FanPlay was established in 2020 and is based in Bengaluru, India. Operations focus on the sports sector, where smart wearables such as bands are developed for use by athletes and fans. These devices enable monitoring of fitness and performance data. The companys domain, fanplayiot.com, supports its IoT-based offerings in the wearable technology space.
Who are the top competitors of FanPlay?
What products or services does FanPlay offer?
FanPlay offers Smart Jersey, Smart Sports Bra, and Fan Engagement Platform.
Who are FanPlay's investors?
FanPlay has 28 investors. Key investors include Indian Institute of Science, Mindport Systems, Ceramet Consultants, Chetana Arakankere, and Subrahmanya Gupta Boda.
What is FanPlay's valuation?
The valuation of FanPlay is $7.23M as of Jul 2024.