About QLAN
QLAN is a Media & Entertainment company based in Mumbai (India) founded in 2021 by Sagar Nair and Navin Talreja. It operates as a gamers are connected via AI-driven social networking and matchmaking. QLAN has raised $304.42 thousand across 2 funding rounds from investors including LetsVenture, Faad Capital and Marwah Sports. The company has 1 employees. QLAN was last valued at $1.93 million in June 2023. Its chief executive is Sagar Nair. Its Indian entity Avocore Technologies Private Limited reported revenue of ₹4.1 Lakh. Its focus areas include Gaming, eSports, eSports Social Platforms and Consumer. Its competitors include Twitch, Enthusiast Gaming, Ampverse, Loco and Yesports and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Qlan was founded in 2021 in Mumbai, India, as an AI-based social networking platform in the gaming sector. Users are enabled to discover fellow gamers, collaborate through chat, create custom profiles, synchronize in-game statistics, access AI matchmaking, form squads, and share gaming content. The platform is available on Android and iOS devices for mobile operations.
- Headquarters Mumbai, India
- Employees 1
- Founders Sagar Nair, Navin Talreja
- Stage Minicorn
- SectorsMedia & Entertainment
- Email••••••••
- Phone•••• ••••
- Website qlan.gg
- Social LinkedIn X Facebook
- Legal Name Avocore Technologies Private Limited
- Date of Incorporation 21 Sep, 2020
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹4.1 Lakh
FY 2024 · +3401% YoY
- Net Loss-₹2.11 Cr
FY 2024 · -5088% margin
- EBITDA-₹1.79 Cr
FY 2024 · -4325% margin
- Total Equity Funding$304.42K (USD)
in 2 rounds
- Latest Funding Round$98.47K (USD), Seed
May 2024
- InvestorsLetsVenture
& 7 more
- Employee Count1
Associated legal entities of QLAN
QLAN operates through Avocore 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 |
|---|---|---|---|---|---|---|---|
| Avocore Technologies Private Limited CIN U72900MH2020PTC346370 | Active | 21 Sep 2020 | Mumbai, Maharashtra | ₹0.0 Cr | – | 2 | View details |
Funding Insights of QLAN
QLAN has successfully raised a total of $304.42K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $98.47 thousand completed in May 2024. 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 $304,423
- Total Rounds 2
- Last Round Seed — $98,466
- First Round $205,957
(Jun 2023)
- Investors Count 8
All 2 funding rounds of QLAN 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 |
|---|---|---|---|---|---|
| May 2024 | $98,466 | Seed | – | – | |
| Jun 2023 | $205,957 | Seed | $1.93M | Marwah Sports, Faad Capital |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2023 | $1.93M | •••••••• |
Last known valuation $1.93M (Jun 2023). 8 investors in total: 6 institutional and 2 angel.
Investors in QLAN
QLAN has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include LetsVenture, Faad Capital and Marwah Sports.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel network focused on early-stage investments | 2015 | faad.in | Delhi, India | |
Early-stage tech startups are supported via venture capital and acceleration. | – | iimaventures.com | Ahmedabad, India | |
Provider of sports services | 2014 | marwahsports.com | Mumbai, India | |
- | – | ciie.com | - | |
Startup incubator | – | ciie.co | Ahmedabad, India | |
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
SC Santosh Chandra | - | – | unknown_70ad82e000d0457bb | - |
YG Yatin Girdhar | - | – | unknown_04e7176d75424eefa | - |
Investor details for QLAN
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Avocore Technologies Private Limited (QLAN)
Avocore Technologies Private Limited is the primary company behind QLAN. The board of Avocore Technologies Private Limited currently have 2 directors; the longest-serving is Navin Talreja, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Navin Talreja DIN 03454226 | Director | 21 Sep 2020 | 6 yrs | Avocore Technologies Private Limited |
| Sagar Nair DIN 09096974 | Director | 09 Mar 2021 | 5 yrs 7 mo | Avocore Technologies Private Limited |
People of QLAN
2 people are tracked at QLAN (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for QLAN
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Financials of QLAN
Figures of Avocore Technologies Private Limited, the primary company behind QLAN, for FY 2024. Revenue was ₹4.1 Lakh (+3401% year on year). Net loss was -₹2.11 Cr (-5088% margin). EBITDA was -₹1.79 Cr (-4325% margin).
- ₹4.1 LakhRevenue · FY 2024 · +3401% YoY
- -₹2.11 CrNet loss · -5088% margin
- -₹1.79 CrEBITDA · -4325% margin
- ₹2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Avocore Technologies Private Limited are on its company page.
Detailed financial statements for QLAN
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of QLAN
4 dated milestones of QLAN across 3 years, from founding to its latest funding, stage changes and deals.
- Founded QLAN is founded.
- Funding First funding round of $206K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $98K.
Competitors of QLAN
QLAN has 9 listed competitors in our database, 9 of them funded. They include Twitch, Enthusiast Gaming, Ampverse, Loco and Yesports, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| twitch.tv | 2006 | San Francisco, United States | $35.12M | – | ESports social video streaming platform | |
| enthusiastgaming.com | 2013 | Toronto, Canada | $600,000 | – | Esports enthusiasts are connected via online platforms, forums, and events. | |
| ampverse.com | 2019 | Singapore | $12M | – | Provider of game marketing and publishing services for the gaming and entertainment industry | |
| loco.gg | 2018 | Bengaluru, India | $51M | 35 | Live game streaming for gamers is offered via Android app. | |
| yesports.gg | 2021 | Sydney, Australia | $6.05M | – | Esports engagement is enabled via an online platform for gamers. | |
| hearo.live | 2017 | San Francisco, United States | $2.1M | – | Esports social live streaming solutions are provided for user interactions. | |
| startplaying.games | 2020 | San Francisco, United States | $6.65M | – | Virtual tabletop RPGs are hosted via an online discovery platform. | |
| perion.gg | 2021 | Guernsey | $8.6M | – | E-sports players are connected and supported via a community platform. | |
| wormholelabs.com | 2013 | Los Angeles, United States | $8.53M | – | Technology engine for immersive social AR experiences is provided. |
Detailed competitors of QLAN
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Top companies in eSports & Competitive Gaming
10 companies that operate in the same segment as QLAN (eSports & Competitive Gaming), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
ESports social video streaming platform | 2006 | San Francisco, California, United States | USD 35.12 M | – | – | |
Real money skill-based gaming is facilitated through an online platform. | 2018 | Bengaluru, Karnataka, India | USD 401.22 M | USD 100.11 M | 212 | |
Video games are developed and eSports tournaments are organized. | 2006 | San Francisco, California, United States | USD 15 M | USD 630.41 K | 4 | |
eSports platform for skill showcasing and tournament hosting. | 2012 | London, England, United Kingdom | USD 17 M | USD 33.11 M | 89 | |
Esports league organization and organizer | 2010 | Los Angeles, California, United States | USD 40 M | – | – | |
Esports tournaments and events are organized across multiple games. | 2015 | Gurugram, Haryana, India | USD 66.15 M | USD 53.59 M | 74 | |
Online gameplay is streamed live via a broadcasting portal. | 2013 | Guangzhou, Guangdong, China | USD 537 M | USD 904.56 M | 1,250 | |
Live gaming, streams, and video content platform is operated. | 2016 | Delhi, Delhi, India | USD 45.99 M | USD 1.38 M | 79 | |
Mobile core genre games are developed for various platforms. | 2009 | Nicosia, Cyprus | USD 6 M | – | – |
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Related news about Qlan
Complete news archive for QLAN
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Frequently Asked Questions about QLAN
QLAN was founded in 2021 and raised its 1st funding round 2 years after it was founded.
QLAN is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sagar Nair is the current CEO of QLAN. They have also founded this company.
QLAN is a funded company, having raised a total of $304.42K across 2 funding rounds to date. The company's 1st funding round was a Seed of $205.96K, raised on Jun 2023.
QLAN has 1 employees.
The primary company behind QLAN, Avocore Technologies Private Limited, reported revenue of ₹4.1 Lakh for FY 2024, up 3401% year on year.
Qlan was founded in 2021 in Mumbai, India, as an AI-based social networking platform in the gaming sector. Users are enabled to discover fellow gamers, collaborate through chat, create custom profiles, synchronize in-game statistics, access AI matchmaking, form squads, and share gaming content. The platform is available on Android and iOS devices for mobile operations.
QLAN's top competitors include Twitch, Loco and Enthusiast Gaming.
QLAN has 8 investors. Key investors include LetsVenture, Faad Capital, Marwah Sports, IIMA Ventures, and ciie.com.
The valuation of QLAN is $1.93M as of Jun 2023.
QLAN operates through Avocore Technologies Private Limited.
The legal entities of QLAN currently have 2 directors, including Navin Talreja, Sagar Nair.