About Meritking
Meritking is a company based in Bengaluru (India) founded in 2006 by Megha More and Vishnu Saraf. It operates as a Commission-Based. Meritking has raised $8.33 million across 12 funding rounds from investors including Timesgroup, Wondrlab and Techindia. The company has 20 employees as of April 09, 2024. Meritking offers products and services including Sports Betting and Live Casino. Meritking operates in a competitive market with competitors including Elevate Now, Fitelo, Livofy, Fitrofy and Health Builder, among others.
- Headquarter Bengaluru, India
- Employees 20 as on 09 Apr, 2024
- Founders Megha More, Vishnu Saraf
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Truweight Wellness Private Limited
- Date of Incorporation 19 Feb, 2015
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$2.09 M (USD)-13.65as on Mar 31, 2022
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Net Profit
-$1.01 M (USD)-140.58as on Mar 31, 2022
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EBITDA
-$854.42 K (USD)-213.15as on Mar 31, 2022
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Total Equity Funding
$8.33 M (USD)
in 12 rounds
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Latest Funding Round
$121.07 K (USD), Angel Round
Jul 11, 2023
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Investors
Timesgroup
& 42 more
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Employee Count
20
as on Apr 09, 2024
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Products & Services of Meritking
Meritking offers a comprehensive portfolio of products and services, including Sports Betting and Live Casino.
Wide betting options on football, basketball, and tennis are offered.
Realistic casino games with live dealers are provided online.
People of Meritking
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Funding Insights of Meritking
Meritking has successfully raised a total of $8.33M across 12 strategic funding rounds. The most recent funding activity was a Angel Round of $121.07 thousand completed in July 2023. 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 Meritking
Meritking has secured backing from 43 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Timesgroup, Wondrlab and Techindia.
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Investments in early-stage technology companies are made by Kalaari Capital.
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Investments in early-stage startups are made by Brand Capital.
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Investor details for Meritking
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Investments & Acquisitions by Meritking
Investment portfolio details for Meritking
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- Transaction dates
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Financial Statements - Meritking
Detailed financials for Meritking
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Meritking Comparisons
Peer comparison for Meritking
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Competitors of Meritking
Meritking 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 Elevate Now, Fitelo, Livofy, Fitrofy and Health Builder, among others.
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Doctor-led online weight loss programs are offered with medical supervision.
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Diet plans for weight management are delivered via mobile app.
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Nutritionist consultations and personalized diet plans are offered online.
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Personalized diet and fitness programs for sustainable weight loss and health management.
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An online platform offering professional nutritionist consultations for health improvement.
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Delivers comprehensive nutrition guidance through an application for weight loss.
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Detailed competitors of Meritking
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Latest news on Meritking
Complete news archive for Meritking
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Frequently Asked Questions about Meritking
Meritking was founded in 2006 and raised its 1st funding round 9 years after it was founded.
Meritking is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vishnu Saraf is the current CEO of Meritking. They have also founded this company.
Meritking is a funded company, having raised a total of $8.33M across 12 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Meritking is 20.
Annual revenue of Meritking is $2.09M as on Mar 31, 2022.
Meritking is established as a provider of online betting and casino entertainment. Services are offered across sports like football, basketball, and tennis with extensive betting options. Live casino experiences are delivered with real-time dealers for an immersive atmosphere. The platform is supported by a licensed infrastructure ensuring secure transactions. Mobile compatibility is integrated for seamless access to betting and gaming solutions. Various bonuses and promotions are provided to enhance user engagement and potential earnings.
Meritking's top competitors include Fitelo, Elevate Now and Livofy.
Meritking offers Sports Betting and Live Casino.
Meritking has 43 investors. Key investors include Timesgroup, Wondrlab, Techindia, Neeleshwar Bhatnagar, and Padmashreemedicare.
The valuation of Meritking is $14.06M as of Jul 2023.