About Local Play
Local Play is a company based in Bengaluru (India) founded in 2018 by Veena Kejriwal and Prajwal P was acquired by DailyHunt in June 2019. Local Play has raised $180.75 thousand across 1 funding round from investors including DailyHunt, Orios Venture Partners and Dhimant Parekh. Local Play operates in a competitive market with competitors including Way2News, Knocksense, PublicVibe, Hoopy Services and Circle Internet, among others.
- Headquarter Bengaluru, India
- Founders Veena Kejriwal, Prajwal P
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Sectors
Media & Entertainment
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Email
Locked
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Phone
Locked
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Website
Locked
- Legal Name Quark Media Tech Private Limited
- Date of Incorporation 27 Jun, 2018
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$5.62 M (USD)2017.38as on Mar 31, 2023
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Net Profit
$705.03 K (USD)278.12as on Mar 31, 2023
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EBITDA
-$1.41 M (USD)-229.84as on Mar 31, 2023
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Total Equity Funding
$180.75 K (USD)
in 1 rounds
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Latest Funding Round
$180.75 K (USD), Seed
Aug 13, 2018
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Investors
DailyHunt
& 6 more
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Employee Count
Not available
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Acquired by
DailyHunt
(Jun 20, 2019)
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Funding Insights of Local Play
Local Play has successfully raised a total of $180.75K through 1 strategic funding round. The most recent funding activity was a Seed round of $180.75 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.
Investors in Local Play
Local Play has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include DailyHunt, Orios Venture Partners and Dhimant Parekh.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on early-stage investments
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Multi-category news is curated and delivered in multiple languages.
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DP
Dhimant Parekh |
Founder of The Better India, angel investor in social impact startups
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Locked | Locked | Locked |
Investor details for Local Play
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Local Play
Investment portfolio details for Local Play
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Local Play
Detailed financials for Local Play
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Local Play Comparisons
Peer comparison for Local Play
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Local Play
Local Play 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 Way2News, Knocksense, PublicVibe, Hoopy Services and Circle Internet, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Hyperlocal short news app is provided in multiple languages.
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Provider of multi category news portal
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An app-based platform is operated for multi-category news delivery.
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Online platform for news articles on sports, entertainment, and current events worldwide.
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| Locked | Locked | Locked |
Local news portal with a focus on Uttar Pradesh
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Kannada-language online news and information are provided across categories.
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Detailed competitors of Local Play
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Local Play
Complete news archive for Local Play
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Local Play
Local Play was founded in 2018.
Local Play is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Local Play is a funded company, having raised a total of $180.75K across 1 funding round to date.
Annual revenue of Local Play is $5.62M as on Mar 31, 2023.
Local Play was founded in 2018 in Bengaluru, India, as an online news platform focused on video content. Short clips, limited to one minute and in Hindi, cover local jobs, market updates, events, announcements, and related information. Operations center on providing accessible digital media for regional audiences in the media and information sector.
Local Play's top competitors include Way2News, Hoopy Services and Knocksense.
Local Play has 7 investors. Key investors include DailyHunt, Orios Venture Partners, Dhimant Parekh, Gopinath G, and Nanjunda Ravi Shankar.
The valuation of Local Play is $986.52K as of Aug 2018.