About Prasad NC Machine Systems
Prasad NC Machine Systems is a Consumer company based in Chennai (India) founded in 1993. Online gaming platform providing casino games and betting services in Brazil. It operates on a B2C and B2B model. The company has 6 employees. Its Indian entity Prasad Nc Machine Systems Private Limited reported revenue of ₹3.61 Cr. Prasad NC Machine Systems offers products and services including Online Casino Games and Bonuses and Promotions. Its focus areas include Entertainment, Betting Services, Promotional Gaming and Bonus and Registration Systems.
Company details
The kslots platform is utilized for offering free casino games and betting services in Brazil, where user privacy is protected through dedicated policies that ensure personal data is handled securely for enhancing player experiences. Terms and conditions are applied to maintain fair usage, with registration processes enabling access to bonuses and promotions. This setup is designed to deliver a reliable gaming environment, though all interactions are governed by established rules to prevent misuse, fostering a structured approach to online entertainment.
- Headquarters Chennai, India
- Employees 6
- SectorsConsumer
- Website prasadnc.com
- Legal Name Prasad Nc Machine Systems Private Limited
- Date of Incorporation 28 Oct, 1993
- Jurisdiction Sriperumbudur, Tamil Nadu, India
- Annual Revenue₹3.61 Cr
FY 2021 · +77% YoY
- Net Loss-₹1.5 Lakh
FY 2021 · 0% margin
- EBITDA-₹35.5 Lakh
FY 2021 · -10% margin
- Investors
- Employee Count6
Associated legal entities of Prasad NC Machine Systems
Prasad NC Machine Systems operates through Prasad Nc Machine Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Prasad Nc Machine Systems Private Limited CIN U29130TN1993PTC026107 | Active | 28 Oct 1993 | Sriperumbudur, Tamil Nadu | ₹3.6 Cr | 6 | 2 | View details |
Products & Services of Prasad NC Machine Systems
Prasad NC Machine Systems offers a comprehensive portfolio of products and services, including Online Casino Games and Bonuses and Promotions.
Free casino games are provided for entertainment purposes on the kslots platform.
Bonuses are offered upon registration and deposits to enhance user experiences.
Funding Insights of Prasad NC Machine Systems
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Prasad NC Machine Systems 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 |
|---|---|---|---|---|---|
| Jul 2013 | Private Equity Round | – | – |
1 investors in total: 1 institutional.
Investors in Prasad NC Machine Systems
Prasad NC Machine Systems has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SIDBI Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital management for SMEs and startups in India. | 1999 | sidbiventure.co.in | Mumbai, India |
Investor details for Prasad NC Machine Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Prasad Nc Machine Systems Private Limited (Prasad NC Machine Systems)
Prasad Nc Machine Systems Private Limited is the primary company behind Prasad NC Machine Systems. The board of Prasad Nc Machine Systems Private Limited currently have 2 directors; the longest-serving is Krishnaprasad Sivakumar, appointed in 1998. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krishnaprasad Sivakumar DIN 00710041 | Director | 20 Mar 1998 | 28 yrs 7 mo | Prasad Nc Machine Systems Private Limited |
| Sriram Srinivasan DIN 00742193 | Director | 18 Dec 2013 | 12 yrs 10 mo | Prasad Nc Machine Systems Private Limited |
Financials of Prasad NC Machine Systems
Figures of Prasad Nc Machine Systems Private Limited, the primary company behind Prasad NC Machine Systems, for FY 2021. Revenue was ₹3.61 Cr (+77% year on year). Net loss was -₹1.5 Lakh (0% margin). EBITDA was -₹35.5 Lakh (-10% margin). Revenue has grown at a compounded annual rate of +4% over three years and -20% over five years.
- ₹3.61 CrRevenue · FY 2021 · +77% YoY
- -₹1.5 LakhNet loss · 0% margin
- -₹35.5 LakhEBITDA · -10% margin
- ₹15.37 CrPaid-up capital
- 6Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- -20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Prasad Nc Machine Systems Private Limited are on its company page.
Detailed financial statements for Prasad NC Machine Systems
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Prasad NC Machine Systems
2 dated milestones of Prasad NC Machine Systems across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Prasad NC Machine Systems is founded.
- Funding First funding round.
Top companies in Gambling & Entertainment Platforms
3 companies that operate in the same segment as Prasad NC Machine Systems (Gambling & Entertainment Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online skill-based games are developed across platforms and genres. | 2010 | Delhi, Delhi, India | USD 1.79 M | USD 166.95 M | 699 | |
An online platform for skill-based gaming competitions is provided. | 2019 | Gurugram, Haryana, India | USD 25.96 M | USD 11.28 M | 39 | |
Provider of online skill-based gaming platforms | 2005 | Hyderabad, Telangana, India | USD 81.87 M | USD 128.91 M | 529 |
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Frequently Asked Questions about Prasad NC Machine Systems
Prasad NC Machine Systems was founded in 1993 and raised its 1st funding round 20 years after it was founded.
Prasad NC Machine Systems is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Prasad NC Machine Systems has 6 employees.
The primary company behind Prasad NC Machine Systems, Prasad Nc Machine Systems Private Limited, reported revenue of ₹3.61 Cr for FY 2021, up 77% year on year.
The kslots platform is utilized for offering free casino games and betting services in Brazil, where user privacy is protected through dedicated policies that ensure personal data is handled securely for enhancing player experiences. Terms and conditions are applied to maintain fair usage, with registration processes enabling access to bonuses and promotions. This setup is designed to deliver a reliable gaming environment, though all interactions are governed by established rules to prevent misuse, fostering a structured approach to online entertainment.
Prasad NC Machine Systems offers Online Casino Games and Bonuses and Promotions.
Prasad NC Machine Systems has 1 investor. Key investors include SIDBI Venture Capital.
Prasad NC Machine Systems operates through Prasad Nc Machine Systems Private Limited.
The legal entities of Prasad NC Machine Systems currently have 2 directors, including Sriram Srinivasan, Krishnaprasad Sivakumar.