About Rario
Rario is a company based in Singapore (Singapore) founded in 2021 by Sunny Bhanot and Ankit Wadhwa.. Rario has raised $120 million across 2 funding rounds from investors including Dream Sports, Animoca Brands and Sachin Tendulkar. The company has 70 employees as of April 06, 2024. Rario operates in a competitive market with competitors including SportsIcon, Eterlast, Zetly, SportsCast and OpenLocker, among others.
- Headquarter Singapore, Singapore
- Employees 70 as on 06 Apr, 2024
- Founders Sunny Bhanot, Ankit Wadhwa
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Sectors
Financial ServicesMedia & Entertainment Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Rario Digital Private Limited
- Date of Incorporation 15 Sep, 2021
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$3.76 M (USD)0as on Mar 31, 2023
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Net Profit
$178.65 K (USD)34779.71as on Mar 31, 2023
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EBITDA
$261.46 K (USD)37657.7as on Mar 31, 2023
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Total Equity Funding
$120 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Dream Sports
& 5 more
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Employee Count
70
as on Apr 06, 2024
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Funding Insights of Rario
Rario has successfully raised a total of $120M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(21 Apr 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Angel Round - Rario | Valuation | Sachin Tendulkar |
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| Apr, 2022 | Amount | Series A - Rario | Valuation | Dream Sports |
| 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 Rario
Rario has secured backing from 6 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Dream Sports, Animoca Brands and Sachin Tendulkar. 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 growth-stage companies
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Founded Year | Domain | Location | |
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Venture capital fund backed by the Christian family office
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Founded Year | Domain | Location | |
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Kingsway Capital is engaged in providing investment management services.
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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 Rario
| 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 - Rario
| 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 |
Rario Comparisons
Competitors of Rario
Rario 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 SportsIcon, Eterlast, Zetly, SportsCast and OpenLocker, 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 |
Provider of a blockchain-based digital collection platform
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| domain | founded_year | HQ Location |
Web3-based sports games on boxing and rugby are developed.
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| domain | founded_year | HQ Location |
Blockchain-based platform for interactive sports fan engagement and NFT rewards.
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| domain | founded_year | HQ Location |
Exclusive sports video series, digital collectibles, and community engagement for fans.
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| domain | founded_year | HQ Location |
Blockchain-based platform for athlete marketing and NFT trading is developed.
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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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Latest news on Rario
Frequently Asked Questions about Rario
When was Rario founded?
Rario was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Rario located?
Rario is headquartered in Singapore, Singapore.
Who is the current CEO of Rario?
Ankit Wadhwa is the current CEO of Rario. They have also founded this company.
Is Rario a funded company?
Rario is a funded company, having raised a total of $120M across 2 funding rounds to date. The company's 1st funding round was a Series A of $120M, raised on Apr 21, 2022.
How many employees does Rario have?
As of Apr 06, 2024, the latest employee count at Rario is 70.
What is the annual revenue of Rario?
Annual revenue of Rario is $3.76M as on Mar 31, 2023.
What does Rario do?
Provider of an online marketplace platform for NFT digital collectables. It enables users to buy, sell and collect licensed cricket NFTs. It allows users to buy video clips and cards from crickets top players, tournaments, and teams. It provides users with access to exclusive fan clubs to participate in quests and win rewards.
Who are the top competitors of Rario?
Rario's top competitors include SportsIcon, Eterlast and OpenLocker.
Who are Rario's investors?
Rario has 6 investors. Key investors include Dream Sports, Animoca Brands, Sachin Tendulkar, Alpha Wave Global, and Presight Capital.