About Probo
Probo is a company based in Gurugram (India) founded in 2019 by Ashish Garg and Sachin Subhashchandra Gupta. It operates as a Freemium. Probo has raised $25.96 million across 3 funding rounds from investors including Quality Electrodynamics, Sparrow Capital and Maypop. The company has 39 employees as of March 29, 2024. Probo offers products and services including Probo App. Probo operates in a competitive market with competitors including TradeX, Trago, PredChamp, Grooks and Plug Opinions, among others.
- Headquarter Gurugram, India
- Employees 39 as on 29 Mar, 2024
- Founders Ashish Garg, Sachin Subhashchandra Gupta
- Stage Minicorn
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Sectors
Consumer
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Probo Media Technologies Private Limited
- Date of Incorporation 09 Oct, 2019
- Jurisdiction Dlf Qe, Haryana, India
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Annual Revenue
$11.28 M (USD)2261.62as on Mar 31, 2023
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Net Profit
$446.17 K (USD)112.19as on Mar 31, 2023
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EBITDA
-$1.42 M (USD)62.51as on Mar 31, 2023
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Total Equity Funding
$25.96 M (USD)
in 3 rounds
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Latest Funding Round
$90.98 K (USD), Series A
Dec 07, 2022
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Investors
Quality Electrodynamics
& 13 more
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Employee Count
39
as on Mar 29, 2024
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Products & Services of Probo
Probo offers a comprehensive portfolio of products and services, including Probo App.
An app for gaming and fund withdrawal is provided.
People of Probo
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Funding Insights of Probo
Probo has successfully raised a total of $25.96M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $90.98 thousand completed in December 2022. 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 Probo
Probo has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Quality Electrodynamics, Sparrow Capital and Maypop.
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Venture capital fund investing in SaaS, B2B, and fintech sectors
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Growth capital fund VC and accelerator firm for mid-stage tech companies
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Sequoia Capital is engaged in venture capital investments.
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Investor details for Probo
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Investments & Acquisitions by Probo
Investment portfolio details for Probo
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Financial Statements - Probo
Detailed financials for Probo
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Probo Comparisons
Peer comparison for Probo
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Competitors of Probo
Probo 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 TradeX, Trago, PredChamp, Grooks and Plug Opinions, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Predictions on world events are traded through an online platform.
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Online platform to bet and trade on event outcomes
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An online platform for predicting event outcomes.
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Operates a digital hub for event-based trading activities.
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App-based platform for predicting and trading outcomes of future events.
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Detailed competitors of Probo
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Latest news on Probo
Complete news archive for Probo
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Frequently Asked Questions about Probo
Probo was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Probo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Sachin Subhashchandra Gupta is the current CEO of Probo. They have also founded this company.
Probo is a funded company, having raised a total of $25.96M across 3 funding rounds to date.
As of Mar 29, 2024, the latest employee count at Probo is 39.
Annual revenue of Probo is $11.28M as on Mar 31, 2023.
A platform for online gaming is provided by Probo through its mobile application. Operations related to money gaming have been halted recently. Users are encouraged to download the app for fund withdrawals. Support is available for app-related issues via email.
Probo's top competitors include TradeX, Trago and Plug Opinions.
Probo offers Probo App.
Probo has 14 investors. Key investors include Quality Electrodynamics, Sparrow Capital, Maypop, Fundamentum, and Sequoia Capital.
The valuation of Probo is $95.73M as of Dec 2022.