About Kibi Sports
Kibi Sports is a company based in Bengaluru (India) founded in 2020 by Sagar Rai.. Kibi Sports has raised $129.04 thousand across 2 funding rounds from investors including Saurabh Aggarwal, Arpit Bhardwaj and 4Xgrow. The company has 1 employees as of April 09, 2024. Kibi Sports offers products and services including Digital Identity Platform, Admin Portal, and Our Shop. Kibi Sports operates in a competitive market with competitors including Rovo, Duplays, The Post, Sportido and Sportside, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 09 Apr, 2024
- Founders Sagar Rai
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Kibi Sports Pvt Ltd
- Date of Incorporation 16 Sep, 2020
- Jurisdiction Varanasi, Uttar Pradesh, India
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Annual Revenue
$53.63 K (USD)278.5as on Mar 31, 2023
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Net Profit
$290.14 (USD)136.19as on Mar 31, 2023
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EBITDA
$361.02 (USD)162.07as on Mar 31, 2023
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Total Equity Funding
$129.04 K (USD)
in 2 rounds
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Latest Funding Round
$100 K (USD), Seed
Oct 01, 2024
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Investors
4Xgrow
& 15 more
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Employee Count
1
as on Apr 09, 2024
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Products & Services of Kibi Sports
Kibi Sports offers a comprehensive portfolio of products and services, including Digital Identity Platform, Admin Portal, and Our Shop. 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.
Platform for athletes to manage profiles and interact with fans securely.
Tool for managing sports institutions and sponsorship deals efficiently.
Online shop for sports-related products and brand collaborations.
Funding Insights of Kibi Sports
Kibi Sports has successfully raised a total of $129.04K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in October 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 2
- Last Round Seed — $100,000
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First Round
First Round
(07 Feb 2023)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Seed - Kibi Sports | Valuation | Pratibha Rani | |
| Feb, 2023 | Amount | Angel Round - Kibi Sports | Valuation | Lakshmana Padmanabhan |
| 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 Kibi Sports
Kibi Sports has secured backing from 16 investors, including angel investors. Prominent investors backing the company include Saurabh Aggarwal, Arpit Bhardwaj and 4Xgrow. 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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SA
Saurabh Aggarwal |
Angel investor, ex-Google, co-founder of Campus Sutra, active in Indian startups
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Founded Year | Domain | Location |
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AB
Arpit Bhardwaj |
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|
Founded Year | Domain | Location |
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PR
Pratibha Rani |
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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.
|
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 Kibi Sports
| 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 - Kibi Sports
| 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 |
Kibi Sports Comparisons
Competitors of Kibi Sports
Kibi Sports 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 Rovo, Duplays, The Post, Sportido and Sportside, 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 |
Provider of community platform for sports players
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| domain | founded_year | HQ Location |
Provider of networking platform for sports participants
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| domain | founded_year | HQ Location |
Provider of an athletes networking platform
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| domain | founded_year | HQ Location |
Sports facilities and events are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Operates a social networking platform for managing and organizing sports events.
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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 Kibi Sports
Frequently Asked Questions about Kibi Sports
When was Kibi Sports founded?
Kibi Sports was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Kibi Sports located?
Kibi Sports is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Kibi Sports?
Sagar Rai is the current CEO of Kibi Sports. They have also founded this company.
Is Kibi Sports a funded company?
Kibi Sports is a funded company, having raised a total of $129.04K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $29.04K, raised on Feb 07, 2023.
How many employees does Kibi Sports have?
As of Apr 09, 2024, the latest employee count at Kibi Sports is 1.
What is the annual revenue of Kibi Sports?
Annual revenue of Kibi Sports is $53.63K as on Mar 31, 2023.
What does Kibi Sports do?
Kibi Sports was founded in 2020 in Bengaluru, India. An app-based social networking platform is operated within the sports sector. Features such as athlete management, sports services, and sports marketing are included. Availability is ensured on both Android and iOS devices to support industry connections and operations.
Who are the top competitors of Kibi Sports?
What products or services does Kibi Sports offer?
Kibi Sports offers Digital Identity Platform, Admin Portal, and Our Shop.
Who are Kibi Sports's investors?
Kibi Sports has 16 investors. Key investors include Saurabh Aggarwal, Arpit Bhardwaj, 4Xgrow, Pratibha Rani, and Sushila.
What is Kibi Sports's valuation?
The valuation of Kibi Sports is $936.87K as of Feb 2023.