About Playo
Playo is a company based in Bengaluru (India) founded in 2014 by Mohammad Danish Khan, Gauravjeet Singh, and Karthik Igoor. It operates as a Two-Sided Marketplace. Playo has raised $2.62 million across 2 funding rounds from investors including Whiteboard Capital, Parishek Finance and Phenovox. The company has 7 employees as of October 26, 2024. Playo offers products and services including Playo App. Playo operates in a competitive market with competitors including Hudle, Khelomore, Fitso, Push Sports and Spolto, among others.
- Headquarter Bengaluru, India
- Employees 7 as on 26 Oct, 2024
- Founders Mohammad Danish Khan, Gauravjeet Singh, Karthik Igoor
- Stage Minicorn
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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 Techmash Solutions Pvt. Ltd.
- Date of Incorporation 08 Jul, 2014
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$833.22 K (USD)214.25as on Mar 31, 2023
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Net Profit
$-154.85 K (USD)37.01as on Mar 31, 2023
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EBITDA
$-96.11 K (USD)53.76as on Mar 31, 2023
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Total Equity Funding
$2.62 M (USD)
in 2 rounds
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Latest Funding Round
$628.9 K (USD), Seed
Aug 06, 2021
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Investors
Whiteboard Capital
& 41 more
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Employee Count
7
as on Oct 26, 2024
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Products & Services of Playo
Playo offers a comprehensive portfolio of products and services, including Playo App. 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.
A platform for connecting sports enthusiasts and venues.
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Funding Insights of Playo
Playo has successfully raised a total of $2.62M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $628.9 thousand completed in August 2021. 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 — $628,900
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First Round
First Round
(30 Oct 2017)
- Investors Count 42
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - Playo | Valuation | ah! Ventures | |
| Oct, 2017 | Amount | Seed - Playo | Valuation | Whiteboard Capital , Parishek Finance |
| 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 Playo
Playo has secured backing from 42 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Whiteboard Capital, Parishek Finance and Phenovox. 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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Venture capital firm focused on pre-seed and seed stage investments in financial services, real estate, and technology sectors
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Founded Year | Domain | Location | |
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Investment support is provided to startups by Whiteboard Capital.
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Founded Year | Domain | Location | |
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Angel investment, research, and advisory services for technology startups.
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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.
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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 Playo
| 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 - Playo
| 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 |
Playo Comparisons
Competitors of Playo
Playo 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 Hudle, Khelomore, Fitso, Push Sports and Spolto, 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 |
Platform connecting sports enthusiasts with venues and communities is operated.
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| domain | founded_year | HQ Location |
Online platform for booking sports venues, coaching, and events
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| domain | founded_year | HQ Location |
Provider of an online booking platform for multiple sports
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| domain | founded_year | HQ Location |
A platform for booking sports grounds and classes is provided.
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| domain | founded_year | HQ Location |
Online sports network offered for coaches and academies.
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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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Frequently Asked Questions about Playo
When was Playo founded?
Playo was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Playo located?
Playo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Playo?
Gauravjeet Singh is the current CEO of Playo. They have also founded this company.
Is Playo a funded company?
Playo is a funded company, having raised a total of $2.62M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.99M, raised on Oct 30, 2017.
How many employees does Playo have?
As of Oct 26, 2024, the latest employee count at Playo is 7.
What is the annual revenue of Playo?
Annual revenue of Playo is $833.22K as on Mar 31, 2023.
What does Playo do?
A digital platform is offered by Playo to connect sports enthusiasts with nearby venues and players. Focus is placed on popular sports like badminton, football, cricket, and tennis. Solutions are provided for booking, training, and playing through a seamless app experience. Various cities across India, the Middle East, and Australia are covered in their operational network.
What products or services does Playo offer?
Playo offers Playo App.
Who are Playo's investors?
Playo has 42 investors. Key investors include Whiteboard Capital, Parishek Finance, Phenovox, ah! Ventures, and Thirteen Initiatives.
What is Playo's valuation?
The valuation of Playo is $5.24M as of Oct 2017.
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