About Shotang
Data last updated:
Shotang is a company based in Bengaluru (India) founded in 2013 by Vishal Kumar, Anish Basu Roy, and Anter Virk. It operates as a B2C and D2C. Shotang has raised $9.35 million across 4 funding rounds from investors including Exfinity Venture Partners, Unitus Capital and Bitkemy Technologies. The company has 2 employees. Shotang offers products and services including Togel Service, Slot Games, and E-commerce App. Shotang operates in a competitive market with competitors including IndiaMART, Moglix, Udaan, Solv and ProcMart, among others.
- Headquarter Bengaluru, India
- Employees 2
- Founders Vishal Kumar, Anish Basu Roy, Anter Virk
- Stage Minicorn
- SectorsConsumerRetail
- Website shotang.com
- Social LinkedIn X Facebook YouTube
- Legal Name Sabonka Technologies Private Limited
- Date of Incorporation 02 Nov, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue$9.98 K (USD)-99.43as on Mar 31, 2019
- Net Profit-$48.56 K (USD)98.15as on Mar 31, 2019
- EBITDA-$54.31 K (USD)97.96as on Mar 31, 2019
- Total Equity Funding$9.35 M (USD)
in 4 rounds
- Latest Funding Round$841.31 K (USD), Series A
Oct 11, 2017
- InvestorsExfinity Venture Partners
& 3 more
- Employee Count2
Associated legal entities of Shotang
Shotang operates through Sabonka Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Report |
|---|---|---|---|---|---|---|---|
| Sabonka Technologies Private Limited CIN U72200KA2015PTC083809 | Strike Off | 02 Nov 2015 | Bangalore, Karnataka | ₹0.1 Cr | 2 | 2 | Buy report |
People of Shotang
3 people are tracked at Shotang (3 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Vishal Kumar | Co-Founder | Leadership |
Anish Basu Roy | ex-Co-Founder | Leadership |
Anter Virk | Co-Founder | Leadership |
Complete people profiles for Shotang
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Board of directors of Sabonka Technologies Private Limited (Shotang)
Sabonka Technologies Private Limited is the primary company behind Shotang. The board of Sabonka Technologies Private Limited currently have 2 directors; the longest-serving is Anterpreet Singh, appointed in 2015. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anterpreet Singh DIN 06527528 | Director | 02 Nov 2015 | 10 yrs 11 mo | Sabonka Technologies Private Limited |
| Bangalore Gopalakrishna Vishalkumar DIN 06878559 | Director | 17 Dec 2015 | 10 yrs 9 mo | Sabonka Technologies Private Limited |
Products & Services of Shotang
Shotang offers a comprehensive portfolio of products and services, including Togel Service, Slot Games, and E-commerce App.
Platform for playing digital lottery games
Service for online slot machine entertainment
App for purchasing electronics and fashion items
Apps and channels of Shotang
its YouTube channel Lazada Indonesia has 13.5K subscribers and 30 videos.
Financials of Shotang
Figures of Sabonka Technologies Private Limited, the primary company behind Shotang, for FY 2020. Revenue was ₹0.05 Cr (-27% year on year). Net loss was -₹0.78 Cr (-1487% margin). EBITDA was -₹0.78 Cr (-1487% margin). Revenue has grown at a compounded annual rate of -59% over three years.
- ₹0.05 CrRevenue · FY 2020 · -27% YoY
- -₹0.78 CrNet loss · -1487% margin
- -₹0.78 CrEBITDA · -1487% margin
- ₹0.03 CrPaid-up capital
- 2Employees (provident fund records)
- -59%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Sabonka Technologies Private Limited are on its company page.
Buy the company report of Sabonka Technologies Private LimitedDetailed financial statements for Shotang
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Funding Insights of Shotang
Shotang has successfully raised a total of $9.35M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $841.31 thousand completed in October 2017. 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 $9.4M
- Total Rounds 4
- Last Round Series A — $841,307
- Investors Count 4
All 4 funding rounds of Shotang with amounts, post-money valuations and investors.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 11 Oct 2017 | $841,307 | Series A | $40.9M | Patamar Capital , Exfinity Venture Partners | – |
| 26 Oct 2016 | $3.5M | Series A | $12.2M | Exfinity Venture Partners | |
| 17 Dec 2015 | $5.0M | Series A | $8.8M | Exfinity Venture Partners , Patamar Capital | |
| 01 Jun 2014 | Undisclosed | Seed | – | Bitkemy Technologies | – |
| Date | Stage | Valuation |
|---|---|---|
| 11 Oct 2017 | Minicorn | $40.9M |
| 26 Oct 2016 | Minicorn | $12.2M |
| 17 Dec 2015 | Minicorn | $8.8M |
Last known valuation $40.9M (Oct 2017). Current stage: Minicorn. 4 investors in total: 4 institutional.
Investors in Shotang
Shotang has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Exfinity Venture Partners, Unitus Capital and Bitkemy Technologies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in multiple sectors | – | patamar.com | Bengaluru, India | |
Investment in B2B technology ventures from India for global markets. | 2013 | exfinityventures.com | Bengaluru, India | |
IT services, software development, and consulting solutions provided globally. | 2012 | bitkemy.com | Hyderabad, India | |
M&A and corporate advisory services are focused on multiple sectors. | 2008 | unituscapital.com | Bengaluru, India |
Investor details for Shotang
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Timeline of Shotang
4 dated milestones of Shotang across 4 years, from founding to its latest funding, stage changes and deals.
- Shotang is founded.
- First funding round.
- Reaches Minicorn status.
- Latest funding round, Series A, of $841K.
Competitors of Shotang
Shotang 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 IndiaMART, Moglix, Udaan, Solv and ProcMart, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| indiamart.com | 1999 | Noida, India | $37.2M | 3,623 | Online B2B marketplace connecting buyers and suppliers of diverse industrial products | |
| moglix.com | 2015 | Singapore | $470.9M | 4,166 | Multi-category products are supplied via a B2B marketplace platform. | |
| udaan.com | 2016 | Bengaluru, India | $1.9B | 1,791 | Online marketplace offering multi-category products | |
| solvezy.com | 2019 | Bengaluru, India | $40.0M | 412 | A B2B e-commerce platform is operated for MSMEs in India. | |
| procmart.com | 2015 | Noida, India | $40.3M | 423 | Online platform offering procurement and supply chain solutions | |
| tradeindia.com | 1996 | Noida, India | – | 1,213 | Multi-category products are facilitated via a B2B marketplace platform. | |
| wcubeindia.com | 2019 | Gurugram, India | $856,800 | 55 | B2B procurement marketplace is operated for mid-sized enterprises. | |
| anar.biz | 2019 | Mumbai, India | $6.5M | 15 | Provider of B2B marketplace platform offering products |
Detailed competitors of Shotang
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Latest news on Shotang
Complete news archive for Shotang
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Frequently Asked Questions about Shotang
Shotang was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Shotang is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shotang is a funded company, having raised a total of $9.35M across 4 funding rounds to date.
Shotang has 2 employees.
Annual revenue of Shotang is $9.98K as on Mar 31, 2019.
Depobos operates as an online site offering lottery games, slots, and casino services, along with e-commerce for categories like electronics and fashion. It allows users to register via an app for direct access, promotions, and shopping. Based in Indonesia, it serves consumers through digital platforms with customer support and fast delivery options for retail products.
Shotang offers Togel Service, Slot Games, and E-commerce App.
Shotang has 4 investors. Key investors include Exfinity Venture Partners, Unitus Capital, Bitkemy Technologies, and Patamar Capital.
The valuation of Shotang is $40.95M as of Oct 2017.
Shotang operates through Sabonka Technologies Private Limited.
Shotang is classified as a minicorn.
The legal entities of Shotang currently have 2 directors, including Anterpreet Singh, Bangalore Gopalakrishna Vishalkumar.