About SocioBeats
SocioBeats is a Media & Entertainment company based in Hyderabad (India) founded in 2023. It operates a social networking platform for connecting users through physical and social activities. It operates on a B2C model. Its Indian entity Viranai Solutions Private Limited reported revenue of ₹1.9 Lakh. Its focus areas include Technology, Social Media, Networking Platforms and Social Activities. Its competitors include GoJoe, JOIN, PumpUp, SweatPals and JoyRun and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
SocioBeats, established in 2023, excels in leveraging cutting-edge technology, managing social media platforms, networking platforms, and social activities. Operates a social networking platform for connecting users through physical and social activities. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Hyderabad, India
- SectorsMedia & Entertainment
- Website sociobeatsapp.com
- Social X
- Legal Name Sociobeats Private Limited
- Date of Incorporation 17 May, 2023
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹1.9 Lakh
FY 2024
- Net Loss-₹13.3 Lakh
FY 2024 · -686% margin
- EBITDA-₹13.3 Lakh
FY 2024 · -686% margin
Associated legal entities of SocioBeats
SocioBeats operates through Viranai Solutions 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 |
|---|---|---|---|---|---|---|---|
| Viranai Solutions Private Limited CIN U62099TS2023PTC173158 | Active | 17 May 2023 | Hyderabad, Telangana | ₹0.0 Cr | – | 2 | View details |
Board of directors of Viranai Solutions Private Limited (SocioBeats)
Viranai Solutions Private Limited is the primary company behind SocioBeats. The board of Viranai Solutions Private Limited currently have 2 directors; the longest-serving is Kandregula Nagamani, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kandregula Nagamani DIN 10167714 | Director | 17 May 2023 | 3 yrs 5 mo | Viranai Solutions Private Limited |
| Krishnaveera Phanindra Kandregula DIN 10167715 | Managing Director | 17 May 2023 | 3 yrs 5 mo | Viranai Solutions Private Limited |
Financials of SocioBeats
Figures of Viranai Solutions Private Limited, the primary company behind SocioBeats, for FY 2024. Revenue was ₹1.9 Lakh. Net loss was -₹13.3 Lakh (-686% margin). EBITDA was -₹13.3 Lakh (-686% margin).
- ₹1.9 LakhRevenue · FY 2024
- -₹13.3 LakhNet loss · -686% margin
- -₹13.3 LakhEBITDA · -686% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Viranai Solutions Private Limited are on its company page.
Detailed financial statements for SocioBeats
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.
Competitors of SocioBeats
SocioBeats has 8 listed competitors in our database, 7 of them funded. They include GoJoe, JOIN, PumpUp, SweatPals and JoyRun, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gojoe.com | 2018 | London, United Kingdom | $6.14M | 1 | Mobile-based application for fitness management | |
| join.cc | 2006 | Amsterdam, Netherlands | $1.64M | – | JOIN is recognized as an AI-driven cycling training application. | |
| pumpup.com | 2012 | Toronto, Canada | – | – | Provider of personal fitness tracker & community for fitness activities | |
| sweatpals.com | 2022 | Austin, United States | $32.28M | – | An online platform connects users to fitness events and communities. | |
| thejoyrun.com | 2014 | Guangzhou, China | $33.78M | – | Social networking application for jogging | |
| heroic.us | 2020 | Austin, United States | $2.57M | 49 | Live fitness classes and social connections are provided online. | |
| minchalle.com | 2015 | Fujisawa, Japan | $3.2M | – | Habits and goals are achieved through mobile app group challenges. | |
| zamahealth.com | 2022 | – | $20,000 | – | SaaS-based platform for athletes and the fitness community |
Detailed competitors of SocioBeats
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Social Platforms
10 companies that operate in the same segment as SocioBeats (Social Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Social platform for sharing short videos | 2011 | Haidian, Beijing, China | USD 4.79 B | USD 17.72 B | 6,336 | |
Online social networking and communication services are provided globally. | 2004 | Menlo Park, California, United States | USD 1.77 B | – | 23,339 | |
ESports social video streaming platform | 2006 | San Francisco, California, United States | USD 35.12 M | – | – | |
Subscription-based platform for publishers' content management is provided. | 2017 | San Francisco, California, United States | USD 189.5 M | USD 1.45 M | 4,285 | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 180 M | – | 999 | |
User-generated videos and content are shared and streamed online. | 2005 | San Bruno, California, United States | USD 11.5 M | – | – | |
New people are connected via a GPS-enabled social platform. | 2005 | New Hope, United States | USD 37.9 M | – | – | |
Micro-blogging platform for real-time updates and multimedia sharing is operated. | 2009 | Beijing, China | USD 586 M | – | – | |
Provider of DNA testing services to create a family tree and ancestor | 2003 | Yehud, Central District, Israel | USD 40 M | – | – | |
Real-time classroom behavior feedback is delivered to students by teachers. | 2011 | San Francisco, California, United States | USD 221.22 M | – | 521 |
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Frequently Asked Questions about SocioBeats
SocioBeats was founded in 2023.
SocioBeats is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind SocioBeats, Viranai Solutions Private Limited, reported revenue of ₹1.9 Lakh for FY 2024.
SocioBeats, established in 2023, excels in leveraging cutting-edge technology, managing social media platforms, networking platforms, and social activities. Operates a social networking platform for connecting users through physical and social activities. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
SocioBeats operates through Viranai Solutions Private Limited.
The legal entities of SocioBeats currently have 2 directors, including Kandregula Nagamani, Krishnaveera Phanindra Kandregula.