Instasportz

Bengaluru, India Founded: 2016 • Age: 10 yrs Minicorn
Location-based VR entertainment services are provided by Instasportz.

About Instasportz

Instasportz is a Technology company based in Bengaluru (India) founded in 2016. Location-based VR entertainment services are provided by Instasportz. Instasportz has raised $145.06 thousand across 1 funding round from investors including Nazara. Instasportz was last valued at $1.45 million in August 2018. Its Indian entity Instasportz Entertainment Private Limited reported revenue of β‚Ή2.5 Lakh. Its focus areas include High Tech, Virtual Reality, Applications and Entertainment.

Company details

Instasportz was founded in 2016 and is headquartered in Bengaluru, India. Operations center on the entertainment sector, where virtual reality experiences are delivered through location-based platforms. Services encompass immersive VR activities tailored for users in physical venues, with a focus on interactive and accessible entertainment options. The company is directed by Vishwanath Vijesh, and its domain is instasportz.org.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹2.5 Lakh

    FY 2018

  • Net Loss
    -₹12.4 Lakh

    FY 2018 · -495% margin

  • EBITDA
    -₹12.1 Lakh

    FY 2018 · -485% margin

  • Total Equity Funding
    $145.06K (USD)

    in 1 rounds

  • Latest Funding Round
    $145.06K (USD), Seed

    Aug 2018

  • Investors

Funding Insights of Instasportz

Instasportz has successfully raised a total of $145.06K through 1 strategic funding round. The most recent funding activity was a Seed round of $145.06 thousand completed in August 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 $145,055
  • Total Rounds 1
  • Last Round Seed β€” $145,055
  • First Round $145,055

    (Aug 2018)

  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2018$145,055Seed$1.45MNazara
–
Valuation history
DateValuationStage
Aug 2018$1.45Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.45M (Aug 2018). 1 investors in total: 1 institutional.

Investors in Instasportz

Instasportz has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nazara.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Diversified gaming and sports media platforms are operated and developed.
1999nazara.comMumbai, India
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Investor details for Instasportz

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Board of directors of Instasportz Entertainment Private Limited (Instasportz)

Instasportz Entertainment Private Limited is the primary company behind Instasportz. The board of Instasportz Entertainment Private Limited currently have 2 directors; the longest-serving is Bigith Nambiar, appointed in 2016. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Bigith Nambiar
DIN 07618587
Director18 Nov 20169 yrs 11 moInstasportz Entertainment Private Limited
Rahul Kunnivadi Rajasekaran
DIN 06882336
Director01 Jun 20188 yrs 4 moInstasportz Entertainment Private Limited

People of Instasportz

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

NameRoleGroup
DirectorLeadership
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Financials of Instasportz

Figures of Instasportz Entertainment Private Limited, the primary company behind Instasportz, for FY 2018. Revenue was ₹2.5 Lakh. Net loss was -₹12.4 Lakh (-495% margin). EBITDA was -₹12.1 Lakh (-485% margin).

  • ₹2.5 LakhRevenue · FY 2018
  • -₹12.4 LakhNet loss · -495% margin
  • -₹12.1 LakhEBITDA · -485% margin
  • ₹1.1 LakhPaid-up capital

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

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Detailed financial statements for Instasportz

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Timeline of Instasportz

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

  1. Founded Instasportz is founded.
  2. Funding First funding round of $145K.
  3. Milestone Reaches Minicorn status.
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Related news about Instasportz

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Frequently Asked Questions about Instasportz

Instasportz was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Instasportz is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Instasportz is a funded company, having raised a total of $145.06K across 1 funding round to date. The company's 1st funding round was a Seed of $145.06K, raised on Aug 2018.

The primary company behind Instasportz, Instasportz Entertainment Private Limited, reported revenue of β‚Ή2.5 Lakh for FY 2018.

Instasportz was founded in 2016 and is headquartered in Bengaluru, India. Operations center on the entertainment sector, where virtual reality experiences are delivered through location-based platforms. Services encompass immersive VR activities tailored for users in physical venues, with a focus on interactive and accessible entertainment options. The company is directed by Vishwanath Vijesh, and its domain is instasportz.org.

Instasportz has 1 investor. Key investors include Nazara.

The valuation of Instasportz is $1.45M as of Aug 2018.

Instasportz operates through Instasportz Entertainment Private Limited.

The legal entities of Instasportz currently have 2 directors, including Bigith Nambiar, Rahul Kunnivadi Rajasekaran.

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