Hoopy Services

Bengaluru, India Founded: 2016 • Age: 10 yrs
Online platform for news articles on sports, entertainment, and current events worldwide.
Annual revenue $317,294 Latest available
Total funding $1.6M 10 rounds
Employees 34 Tracked headcount
Investors 96 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Hoopy Services

Hoopy Services is a company based in Bengaluru (India) founded in 2016. It operates as a B2C. Hoopy Services has raised $1.64 million across 10 funding rounds from investors including Lead Angels, Faad Capital and SucSEED Indovation. The company has 34 employees as of March 31, 2021. Hoopy Services offers products and services including News Website and Article Updates. Hoopy Services operates in a competitive market with competitors including GoMechanic, Way2News, MyTVS, GoBumpr and VehicleCare, among others.

  • Headquarter Bengaluru, India
  • Employees 34 as on 31 Mar, 2021
  • Stage Minicorn
  • Sectors
    Media & Entertainment
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Nephonine Solutions Private Limited
  • Date of Incorporation 26 Feb, 2016
  • Jurisdiction Bhopal, Madhya Pradesh, India
Operational Areas
Media & Entertainment → Sports, Events & Attractions Unlock Sub-Sector Unlock Segment
Media & Entertainment → Digital Media, Publishing & Broadcasting Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $317.29 K (USD)
    37.76
    as on Mar 31, 2021
  • Net Profit
    -$143.56 K (USD)
    -33.88
    as on Mar 31, 2021
  • EBITDA
    -$135.49 K (USD)
    -27.03
    as on Mar 31, 2021
  • Total Equity Funding
    $1.64 M (USD)

    in 10 rounds

  • Latest Funding Round
    $229.19 K (USD), Seed

    Jan 03, 2022

  • Investors
    Lead Angels

    & 95 more

  • Employee Count
    34

    as on Mar 31, 2021

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Products & Services of Hoopy Services

Hoopy Services offers a comprehensive portfolio of products and services, including News Website and Article Updates.

Product name locked
Category locked
Primary

Platform for daily news articles and event updates

Product name locked
Category locked
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Service providing sports and global news in multiple languages

Funding Insights of Hoopy Services

Hoopy Services has successfully raised a total of $1.64M across 10 strategic funding rounds. The most recent funding activity was a Seed round of $229.19 thousand completed in January 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.

Investors in Hoopy Services

Hoopy Services has secured backing from 96 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Lead Angels, Faad Capital and SucSEED Indovation.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment in early to growth-stage tech startups across various sectors.
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Angel network focused on early-stage investments
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Investment in high-growth startups and angel funding services in India.
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Investments & Acquisitions by Hoopy Services

Investments
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Investment portfolio details for Hoopy Services

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Financial Statements - Hoopy Services

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Detailed financials for Hoopy Services

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Hoopy Services Comparisons

Hoopy Services Primary company
Description
Online platform for news articles on sports, entertainment, ...
Location
Bengaluru, India
Founded Year
2016
Annual Revenue
$317.29 K (USD)
Net Profit
-$143.56 K (USD)
EBITDA
-$135.49 K (USD)
Employees
34
As of 2021
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Peer comparison for Hoopy Services

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Competitors of Hoopy Services

Hoopy Services 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 GoMechanic, Way2News, MyTVS, GoBumpr and VehicleCare, among others.

Company Name Domain Founded year HQ Location Description
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Provider of car service and repair network
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Hyperlocal short news app is provided in multiple languages.
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Online platform for booking automotive repair and maintenance services
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App-based garage aggregation for auto repair and maintenance is offered.
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AI-based car repair and maintenance services are delivered.
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Digital automotive marketplace platform
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Detailed competitors of Hoopy Services

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Latest news on Hoopy Services

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Complete news archive for Hoopy Services

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Hoopy Services

Hoopy Services was founded in 2016.

Hoopy Services is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Hoopy Services is a funded company, having raised a total of $1.64M across 10 funding rounds to date.

As of Mar 31, 2021, the latest employee count at Hoopy Services is 34.

Annual revenue of Hoopy Services is $317.29K as on Mar 31, 2021.

Daily News Cycle is an online news platform that delivers articles and updates on various topics, including sports events like cricket and football matches, global news such as visa restrictions and lotteries, and entertainment stories. It operates by publishing timely content in Hindi and English, serving audiences interested in daily headlines and previews. The platform appears to focus on Indian and international users, aggregating information from diverse sources without promotional bias.

Hoopy Services's top competitors include GoMechanic, Way2News and MyTVS.

Hoopy Services offers News Website and Article Updates.

Hoopy Services has 96 investors. Key investors include Lead Angels, Faad Capital, SucSEED Indovation, RCS Advisors, and CreedCap Asia Advisors.

The valuation of Hoopy Services is $7.45M as of Jan 2022.

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