About SoStronk
SoStronk is a company based in Bengaluru (India) founded in 2013 by Karan Misra and Prashant Prabhakar.. SoStronk has raised $3.85 million across 9 funding rounds from investors including Venture Catalysts, Good Game Investments and Nitin Khanna. The company has 48 employees as of April 06, 2024. SoStronk operates in a competitive market with competitors including Gamerji, Quizy, PGS Esports, Start.gg and Brag House, among others.
- Headquarter Bengaluru, India
- Employees 48 as on 06 Apr, 2024
- Founders Karan Misra, Prashant Prabhakar
- Stage Minicorn
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Archetype Entertainment Private Limited
- Date of Incorporation 29 Oct, 2013
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$6.64 K (USD)-73.77as on Mar 31, 2023
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Net Profit
$-812.51 K (USD)-213.01as on Mar 31, 2023
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EBITDA
$-802.42 K (USD)-195.84as on Mar 31, 2023
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Total Equity Funding
$3.85 M (USD)
in 9 rounds
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Latest Funding Round
$1.28 M (USD), Seed
Jan 08, 2021
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Investors
Venture Catalysts
& 49 more
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Employee Count
48
as on Apr 06, 2024
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Funding Insights of SoStronk
SoStronk has successfully raised a total of $3.85M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $1.28 million completed in January 2021. 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 9
- Last Round Seed — $1.3M
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First Round
First Round
(04 Jul 2014)
- Investors Count 50
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Seed - SoStronk | Valuation | Inflection Point Ventures , Vista Business Ventures | |
| Sep, 2020 | Amount | Seed - SoStronk | Valuation | Venture Catalysts |
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| Jul, 2019 | Amount | Seed - SoStronk | Valuation | Inflection Point Ventures |
| 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 SoStronk
SoStronk has secured backing from 50 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Venture Catalysts, Good Game Investments and Nitin Khanna. 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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Investments are made in early-stage tech startups across sectors.
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Founded Year | Domain | Location | |
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Venture capital firm investing in gaming & esport startups
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Founded Year | Domain | Location | |
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Business solutions for retailers are provided by Vista Business Ventures.
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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 SoStronk
| 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 - SoStronk
| 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 |
Sostronk Comparisons
Competitors of SoStronk
SoStronk 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 Gamerji, Quizy, PGS Esports, Start.gg and Brag House, 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 |
Real money based gaming platform
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| domain | founded_year | HQ Location |
Mobile-based quizzing platform offering rewards
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| domain | founded_year | HQ Location |
Online platform for esports tournaments, community building, gaming rewards, and events.
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| domain | founded_year | HQ Location |
eSports tournaments are facilitated through a community-driven platform.
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| domain | founded_year | HQ Location |
Online community platform to compete in eSports tournaments
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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 Sostronk
Frequently Asked Questions about SoStronk
When was SoStronk founded?
SoStronk was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is SoStronk located?
SoStronk is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of SoStronk?
Karan Misra is the current CEO of SoStronk. They have also founded this company.
Is SoStronk a funded company?
SoStronk is a funded company, having raised a total of $3.85M across 9 funding rounds to date. The company's 1st funding round was a Seed of $281.16K, raised on Jul 04, 2014.
How many employees does SoStronk have?
As of Apr 06, 2024, the latest employee count at SoStronk is 48.
What is the annual revenue of SoStronk?
Annual revenue of SoStronk is $6.64K as on Mar 31, 2023.
What does SoStronk do?
SoStronk was founded in 2013 and is based in Bengaluru, India. The platform functions as a social gaming site within the Esports sector, tailored for Battle Royale enthusiasts. Users are enabled to earn rewards by participating in standard games including Duel, High Roller, and King of the Hill. Operations focus on integrating social features with competitive play to support regular gaming sessions.
Who are the top competitors of SoStronk?
SoStronk's top competitors include Gamerji, Brag House and Quizy.
Who are SoStronk's investors?
SoStronk has 50 investors. Key investors include Venture Catalysts, Good Game Investments, Nitin Khanna, Nitin Dadoo, and Sandeep Batra.
What is SoStronk's valuation?
The valuation of SoStronk is $4.62M as of Jan 2021.