Howdydo

Chennai, India Founded: 2017 • Age: 9 yrs
Online social networking platform for sports enthusiasts

About Howdydo

Howdydo is a Media & Entertainment company based in Chennai (India) founded in 2017 by Khiroda Kumar Jena and Sushant Kumar Choudhury. Online social networking platform for sports enthusiasts. Howdydo has raised $307.16 thousand across 1 funding round from investors including TIW Private Equity. Its Indian entity Howdy Ventures Private Limited reported revenue of β‚Ή1.5 Lakh. Its focus areas include Consumer, Sports Tech, Social Network and Fans.

Company details

Howdydo was founded in 2017 in Chennai, India, as an online social networking platform focused on the sports sector. Users are enabled to locate or organize sporting events, access sports classes and coaches, assemble teams, and identify sports partners. Groups are formed or joined for sharing ideas, engaging in discussions, chatting, and networking among members. The platforms app is provided for Android and iOS devices, with operations centered on howdydo.in.

  • Headquarters Chennai, India
  • Founders Khiroda Kumar Jena, Sushant Kumar Choudhury
  • Sectors
    Media & Entertainment
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website howdydo.in
  • Social LinkedIn X Facebook
  • Legal Name Howdy Ventures Private Limited
  • Date of Incorporation 22 Jul, 2016
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹1.5 Lakh

    FY 2024 · -49% YoY

  • Net Profit
    ₹98,330

    FY 2024 · 66% margin

  • EBITDA
    ₹98,330

    FY 2024 · 66% margin

  • Total Equity Funding
    $307.16K (USD)

    in 1 rounds

  • Latest Funding Round
    $307.16K (USD), Seed

    Apr 2018

  • Investors

Funding Insights of Howdydo

Howdydo has successfully raised a total of $307.16K through 1 strategic funding round. The most recent funding activity was a Seed round of $307.16 thousand completed in April 2018. 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 $307,159
  • Total Rounds 1
  • Last Round Seed β€” $307,159
  • First Round $307,159

    (Apr 2018)

  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2018$307,159Seed–TIW Private Equity
–
Valuation history

1 investors in total: 1 institutional.

Investors in Howdydo

Howdydo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TIW Private Equity.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity investments and growth acceleration in various sectors.
2011tiwpe.comDelhi, India
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Investor details for Howdydo

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Board of directors of Howdy Ventures Private Limited (Howdydo)

Howdy Ventures Private Limited is the primary company behind Howdydo. The board of Howdy Ventures Private Limited currently have 5 directors; the longest-serving is Sushant Kumar Choudhury, appointed in 2016.

DirectorDesignationAppointedTenureEntity
Sushant Kumar Choudhury
DIN 05232751
Director22 Jul 201610 yrs 3 moHowdy Ventures Private Limited
Sudhakar Raja
DIN 05232756
Director22 Jul 201610 yrs 3 moHowdy Ventures Private Limited
Xavier Britto Swamikannu
DIN 00767286
Additional Director22 Mar 20179 yrs 7 moHowdy Ventures Private Limited
Himmat Singh Lagad
DIN 02552843
Director24 Jul 20179 yrs 3 moHowdy Ventures Private Limited
Khiroda Kumar Jena
DIN 01717930
Director15 Dec 20178 yrs 10 moHowdy Ventures Private Limited

People of Howdydo

2 people are tracked at Howdydo (2 in leadership).

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Financials of Howdydo

Figures of Howdy Ventures Private Limited, the primary company behind Howdydo, for FY 2024. Revenue was ₹1.5 Lakh (-49% year on year). Net profit was ₹98,330 (66% margin). EBITDA was ₹98,330 (66% margin). Revenue has grown at a compounded annual rate of -51% over three years and -35% over five years.

  • ₹1.5 LakhRevenue · FY 2024 · -49% YoY
  • ₹98,330Net profit · 66% margin
  • ₹98,330EBITDA · 66% margin
  • ₹2.93 CrPaid-up capital
  • -51%Revenue CAGR, 3 years
  • -35%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Howdy Ventures Private Limited are on its company page.

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Detailed financial statements for Howdydo

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  • Downloads

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Timeline of Howdydo

2 dated milestones of Howdydo across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Howdydo is founded.
  2. Funding First funding round of $307K.

Top companies in Sports Technology Platforms

3 companies that operate in the same segment as Howdydo (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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Related news about Howdydo

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Frequently Asked Questions about Howdydo

Howdydo was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Howdydo is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Howdydo is a funded company, having raised a total of $307.16K across 1 funding round to date. The company's 1st funding round was a Seed of $307.16K, raised on Apr 2018.

The primary company behind Howdydo, Howdy Ventures Private Limited, reported revenue of β‚Ή1.5 Lakh for FY 2024, down 49% year on year.

Howdydo was founded in 2017 in Chennai, India, as an online social networking platform focused on the sports sector. Users are enabled to locate or organize sporting events, access sports classes and coaches, assemble teams, and identify sports partners. Groups are formed or joined for sharing ideas, engaging in discussions, chatting, and networking among members. The platforms app is provided for Android and iOS devices, with operations centered on howdydo.in.

Howdydo has 1 investor. Key investors include TIW Private Equity.

Howdydo operates through Howdy Ventures Private Limited.

The legal entities of Howdydo currently have 5 directors, including Khiroda Kumar Jena, Himmat Singh Lagad, Xavier Britto Swamikannu and others.

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