About Playcent
Playcent is a Technology company based in Hyderabad (India) founded in 2020 by Sandeep Sudagani and Jaykishan Nammi. Rewards are earned via online gaming platform. It operates in the Technology, Media & Entertainment, and Financial Services sectors. The company has 1 employees. Its chief executive, as recorded, is Sandeep Sudagani. Its Indian entity Play Cent Technologies Private Limited reported revenue of ₹34 Lakh. Its focus areas include High Tech, Blockchain Infrastructure, Application Development Platforms and DeFi. Its competitors include Hike and IndiGG; 2 of its 2 listed competitors have raised funding.
Company details
Playcent was founded in 2020 in Hyderabad, India, as an online reward-based gaming platform. In-game items, tokens, and rewards are provided to users for participating in games. Earnings opportunities are enabled through gameplay, with games discoverable by user interests. The platform operates via mobile applications available on Google Play Store and Apple App Store, focusing on the gaming and rewards sector.
- Headquarters Hyderabad, India
- Employees 1
- Founders Sandeep Sudagani, Jaykishan Nammi
- SectorsTechnologyMedia & Entertainment Financial Services
- Email••••••••
- Website playcent.com
- Social LinkedIn X
- Legal Name Play Cent Technologies Private Limited
- Date of Incorporation 11 Jul, 2020
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹34 Lakh
FY 2024 · -70% YoY
- Net Loss-₹72.9 Lakh
FY 2024 · -214% margin
- EBITDA-₹71.3 Lakh
FY 2024 · -210% margin
- Latest Funding Round$220K (USD), Token Sale
Mar 2021
- Employee Count1
Associated legal entities of Playcent
Playcent operates through Play Cent Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Play Cent Technologies Private Limited CIN U72900TG2020PTC141614 | Active | 11 Jul 2020 | Hyderabad, Telangana | ₹0.3 Cr | 2 | View details |
Funding Insights of Playcent
- Total Rounds 1
- Last Round Token Sale — $220,000
- First Round $220,000
(Mar 2021)
All 1 funding rounds of Playcent with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | $220,000 | Token Sale | – | – | – |
Board of directors of Play Cent Technologies Private Limited (Playcent)
Play Cent Technologies Private Limited is the primary company behind Playcent. The board of Play Cent Technologies Private Limited currently have 2 directors; the longest-serving is Sandeep Sudagani, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sandeep Sudagani DIN 08790054 | Managing Director | 11 Jul 2020 | 6 yrs 3 mo | Play Cent Technologies Private Limited |
| Jaya Kishan Kumar Nammi DIN 08790055 | Managing Director | 11 Jul 2020 | 6 yrs 3 mo | Play Cent Technologies Private Limited |
People of Playcent
2 people are tracked at Playcent (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO & Director | Leadership | |
Jaykishan Nammi | Co-Founder & Director | Leadership |
Complete people profiles for Playcent
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Playcent
Figures of Play Cent Technologies Private Limited, the primary company behind Playcent, for FY 2024. Revenue was ₹34 Lakh (-70% year on year). Net loss was -₹72.9 Lakh (-214% margin). EBITDA was -₹71.3 Lakh (-210% margin). Revenue has grown at a compounded annual rate of +101% over three years.
- ₹34 LakhRevenue · FY 2024 · -70% YoY
- -₹72.9 LakhNet loss · -214% margin
- -₹71.3 LakhEBITDA · -210% margin
- ₹1 LakhPaid-up capital
- +101%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Play Cent Technologies Private Limited are on its company page.
Detailed financial statements for Playcent
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Playcent
2 dated milestones of Playcent across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Playcent is founded.
- Funding First funding round of $220K.
Competitors of Playcent
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hike.in | 2012 | Delhi, India | $261M | 92 | Hike is involved in building innovative digital solutions. | |
| indi.gg | 2021 | Bengaluru, India | $6M | 49 | Online community-based gaming platform |
Detailed competitors of Playcent
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Related news about Playcent
Complete news archive for Playcent
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Frequently Asked Questions about Playcent
Playcent was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Playcent is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Sandeep Sudagani is the CEO of Playcent, as recorded in our data. They have also founded this company.
Playcent has 1 employees.
The primary company behind Playcent, Play Cent Technologies Private Limited, reported revenue of ₹34 Lakh for FY 2024, down 70% year on year.
Playcent was founded in 2020 in Hyderabad, India, as an online reward-based gaming platform. In-game items, tokens, and rewards are provided to users for participating in games. Earnings opportunities are enabled through gameplay, with games discoverable by user interests. The platform operates via mobile applications available on Google Play Store and Apple App Store, focusing on the gaming and rewards sector.
Playcent operates through Play Cent Technologies Private Limited.
The legal entities of Playcent currently have 2 directors, including Sandeep Sudagani, Jaya Kishan Kumar Nammi.