About Shotang
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₹0.05 Cr
FY 2020 · -27% YoY
- Net Loss-₹0.78 Cr
FY 2020 · -1487% margin
- EBITDA-₹0.78 Cr
FY 2020 · -1487% margin
- Total Equity Funding$9.35M (USD)
in 4 rounds
- Latest Funding Round$841.31K (USD), Series A
Oct 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 | Company page |
|---|---|---|---|---|---|---|---|
| Sabonka Technologies Private Limited CIN U72200KA2015PTC083809 | Strike Off | 02 Nov 2015 | Bangalore, Karnataka | ₹0.1 Cr | 2 | 2 | View details |
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.
Videos from Shotang
The most watched videos on Shotang's YouTube channel, Lazada Indonesia (13.5K subscribers). Click a video to play it here.
More on Lazada Indonesia.
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 $9.35M
- Total Rounds 4
- Last Round Series A — $841,307
- Investors Count 4
All 4 funding rounds of Shotang 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 |
|---|---|---|---|---|---|
| Oct 2017 | $841,307 | Series A | $40.95M | Patamar Capital, Exfinity Venture Partners | – |
| Oct 2016 | $3.51M | Series A | $12.22M | Exfinity Venture Partners | |
| Dec 2015 | $5M | Series A | $••••• | Exfinity Venture Partners, Patamar Capital | |
| Jun 2014 | – | Seed | – | Bitkemy Technologies | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2017 | $40.95M | •••••••• |
| Oct 2016 | $12.22M | •••••••• |
| Dec 2015 | $••••• | •••••••• |
Full valuation and stage history of Shotang
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $40.95M (Oct 2017). 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
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 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 |
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
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
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.
Detailed financial statements for Shotang
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 Shotang
4 dated milestones of Shotang across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Shotang is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding 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 | $37.24M | 3,623 | Online B2B marketplace connecting buyers and suppliers of diverse industrial products | |
| moglix.com | 2015 | Singapore | $470.85M | 4,166 | Multi-category products are supplied via a B2B marketplace platform. | |
| udaan.com | 2016 | Bengaluru, India | $1.87B | 1,791 | Online marketplace offering multi-category products | |
| solvezy.com | 2019 | Bengaluru, India | $40M | 412 | A B2B e-commerce platform is operated for MSMEs in India. | |
| procmart.com | 2015 | Noida, India | $40.25M | 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 | $6.46M | 15 | Provider of B2B marketplace platform offering products |
Detailed competitors of Shotang
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Shotang
Complete news archive for Shotang
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Shotang
10 companies that operate in the same segment as Shotang (Gambling & Entertainment Platforms), 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 | |
Mobile casino games with social features are developed for platforms. | 2014 | Warsaw, Poland | USD 8.6 M | USD 246.28 M | 428 | |
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 | |
Developer of a micro-betting platform for sports | 2022 | Miami, Florida, United States | USD 102 M | – | – | |
Provider of a P2P sports betting platform | 2021 | New York, New York, United States | USD 105.53 M | – | – | |
Multi-category online gambling is facilitated via an app-based platform. | 1934 | London, England, United Kingdom | – | USD 1.71 B | 10,239 | |
Online platform for betting on multiple sports is provided. | 2001 | Stoke On Trent, England, United Kingdom | – | – | – | |
Casual mobile games are developed and published by SciPlay. | 2007 | London, England, United Kingdom | – | – | – | |
Event outcome speculation is enabled via a regulated online exchange. | 2019 | New York, New York, United States | USD 1.8 B | – | 20 |
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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.
The primary company behind Shotang, Sabonka Technologies Private Limited, reported revenue of ₹0.05 Cr for FY 2020, down 27% year on year.
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.
The legal entities of Shotang currently have 2 directors, including Anterpreet Singh, Bangalore Gopalakrishna Vishalkumar.