Funngage

Noida, India Founded: 2015 • Age: 11 yrs Minicorn
A social networking mobile app for athletes is provided.

About Funngage

Funngage is a Media & Entertainment company based in Noida (India) founded in 2015. A social networking mobile app for athletes is provided. Funngage has raised $1 million across 1 funding round from investors including Ml Srinivasa Rao, Sachin Garg and Amit Majumdar. Funngage was last valued at $8.23 million in November 2019. Its chief executive, as recorded, is Kavendra Karan Singh. Its focus areas include Consumer, Sports Tech, Social Network and Fans. Its legal entity in India is Funngage Foundation (U92419DL2018NPL328771).

Company details

Funngage was founded in 2015 in Noida, India, as a provider of a mobile app focused on social networking for athletes. Sports activities are shared through the platform, along with features for cheering on players, teams, and friends. Real-time performance statistics are tracked, and records as well as videos are stored. The app operates in the sports technology sector and is accessible via the Play Store and App Store.

  • Headquarters Noida, India
  • Stage Minicorn
  • Sectors
    Media & Entertainment
  • Email
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  • Phone
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  • Website funngage.com
  • Social LinkedIn X
  • Legal Name Funngage Foundation
  • Date of Incorporation 18 Jan, 2018
  • Jurisdiction Village Pana Paposian, Delhi, India
Key Metrics
  • Net Loss
    -₹23,600

    FY 2020 · 0% margin

  • Total Equity Funding
    $1M (USD)

    in 1 rounds

  • Latest Funding Round
    $1M (USD), Angel Round

    Nov 2019

Funding Insights of Funngage

Funngage has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Angel Round of $1 million completed in November 2019. 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 $1M
  • Total Rounds 1
  • Last Round Angel Round β€” $1M
  • First Round $1M

    (Nov 2019)

  • Investors Count 13

All 1 funding rounds of Funngage with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2019$1MAngel Round$8.23MMl Srinivasa Rao
Valuation history
DateValuationStage
Nov 2019$8.23Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $8.23M (Nov 2019). 13 investors in total: 0 institutional and 13 angel.

Investors in Funngage

Funngage has secured backing from 13 investors, including angel investors. Prominent investors backing the company include Ml Srinivasa Rao, Sachin Garg and Amit Majumdar.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Ml Srinivasa Rao

unknown_aa648ec1c3fd44dba

Sachin Garg

unknown_61a96ec204f249168

Amit Majumdar

Angel investor and entrepreneur, focused on tech startups in India.
unknown_3a66de65e6d34c439

Nishit Majumdar

unknown_8a2cb4bd6ada4bcfa

Neelam Chawla

unknown_c924f10a1ba14c01a

Sunita Khurana

unknown_67f077bdeb99472aa

Premal Parekh

unknown_ddaf618feff149bf9

Neetu Goel

unknown_1955cd0c7b154d3c9

Harsha Gupta

unknown_c823a57c39244b4aa

Gursharan Singh Arora

unknown_79614c3a629e427ca
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Investor details for Funngage

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 Funngage Foundation (Funngage)

Funngage Foundation is the primary company behind Funngage. The boards of the 2 registered companies of Funngage currently have 3 directors; the longest-serving is Kavinder Singh, appointed in 2018. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kavinder Singh
DIN 07191868
Director18 Jan 20188 yrs 9 moFunngage Foundation, Friend Sourcing Private Limited
Devender Singh
DIN 06985782
Director18 Jan 20188 yrs 9 moFunngage Foundation
Jogesh Kumar
DIN 10402448
Additional Director15 Sep 20251 yr 1 moFriend Sourcing Private Limited

People of Funngage

1 people are tracked at Funngage (1 in leadership).

NameRoleGroup
Kavendra Karan Singh
CEOLeadership
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Complete people profiles for Funngage

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 Funngage

Figures of Funngage Foundation, the primary company behind Funngage, for FY 2020. Net loss was -₹23,600 (0% margin).

  • -₹23,600Net loss · 0% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Funngage Foundation are on its company page.

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Detailed financial statements for Funngage

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 Funngage

3 dated milestones of Funngage across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Funngage is founded.
  2. Funding First funding round of $1.0M.
  3. Milestone Reaches Minicorn status.

Top companies in Sports Technology Platforms

3 companies that operate in the same segment as Funngage (Sports Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Operator of a platform providing skill-based games and interactive entertainment
2018Delhi, Delhi, IndiaUSD 92 MUSD 83.05 M1
Operator of a multifaceted platform for sports content and experiences
2008Mumbai, Maharashtra, IndiaUSD 942.17 MUSD 509.95 K1,310
Skill-based online games are provided through a technology-driven platform.
2006Mumbai, Maharashtra, IndiaUSD 98.07 MUSD 264.51 M777
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Frequently Asked Questions about Funngage

Funngage was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Funngage is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Kavendra Karan Singh is the CEO of Funngage, as recorded in our data.

Funngage is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Angel Round of $1M, raised on Nov 2019.

Annual revenue of Funngage is $353.23K as on Mar 31, 2020.

Funngage was founded in 2015 in Noida, India, as a provider of a mobile app focused on social networking for athletes. Sports activities are shared through the platform, along with features for cheering on players, teams, and friends. Real-time performance statistics are tracked, and records as well as videos are stored. The app operates in the sports technology sector and is accessible via the Play Store and App Store.

Funngage has 13 investors. Key investors include Ml Srinivasa Rao, Sachin Garg, Amit Majumdar, Nishit Majumdar, and Neelam Chawla.

The valuation of Funngage is $8.23M as of Nov 2019.

Funngage is associated with 2 legal entities: Funngage Foundation, Friend Sourcing Private Limited.

The legal entities of Funngage currently have 3 directors, including Kavinder Singh, Devender Singh, Jogesh Kumar.

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