About Spolto
Spolto is a company based in Pune (India) founded in 2020 by Safa Soltani and Divesh Nathani.. Spolto has raised $2.05 million across 3 funding rounds from investors including Peter Kinde. The company has 11 employees as of April 07, 2024. Spolto has completed 1 acquisition, including The Coach Crew. Spolto operates in a competitive market with competitors including Hudle, Khelomore, Playo, Fitso and Push Sports, among others.
- Headquarter Pune, India
- Employees 11 as on 07 Apr, 2024
- Founders Safa Soltani, Divesh Nathani
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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
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- Legal Name Spolto Technology Solutions Private Limited
- Date of Incorporation 30 Oct, 2020
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$342.9 K (USD)270.85as on Mar 31, 2023
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Net Profit
$31.33 K (USD)194.04as on Mar 31, 2023
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EBITDA
$43.24 K (USD)195.17as on Mar 31, 2023
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Total Equity Funding
$2.05 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Seed
Sep 04, 2024
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Investors
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Employee Count
11
as on Apr 07, 2024
- Investments & Acquisitions
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Funding Insights of Spolto
Spolto has successfully raised a total of $2.05M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in September 2024. 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 3
- Last Round Seed — $1.0M
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First Round
First Round
(03 Oct 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Seed - Spolto | Valuation |
investors |
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| Jul, 2023 | Amount | Seed - Spolto | Valuation |
investors |
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| Oct, 2022 | Amount | Seed - Spolto | Valuation |
investors |
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| 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 Spolto
Spolto has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Peter Kinde. 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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PK
Peter Kinde |
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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 Spolto
Spolto has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The Coach Crew. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online marketplace for sports coaches and seekers is facilitated.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Spolto
| 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 |
Spolto Comparisons
Competitors of Spolto
Spolto 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 Hudle, Khelomore, Playo, Fitso and Push Sports, 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 |
Platform connecting sports enthusiasts with venues and communities is operated.
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| domain | founded_year | HQ Location |
Online platform for booking sports venues, coaching, and events
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| domain | founded_year | HQ Location |
Sports venues and players are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Provider of an online booking platform for multiple sports
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| domain | founded_year | HQ Location |
A platform for booking sports grounds and classes is provided.
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| domain | founded_year | HQ Location |
End-to-end management platform for sports academies is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Spolto
Frequently Asked Questions about Spolto
When was Spolto founded?
Spolto was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Spolto located?
Spolto is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Is Spolto a funded company?
Spolto is a funded company, having raised a total of $2.05M across 3 funding rounds to date. The company's 1st funding round was a Seed of $700K, raised on Oct 03, 2022.
How many employees does Spolto have?
As of Apr 07, 2024, the latest employee count at Spolto is 11.
What is the annual revenue of Spolto?
Annual revenue of Spolto is $342.9K as on Mar 31, 2023.
What does Spolto do?
An online sports network for coaches and academies was founded in 2020 in Pune, India. Access to sports, fitness, and wellness services is facilitated through a platform tailored for individuals, families, and businesses. Training and facilities are made available via memberships and personalized programs, covering activities such as badminton, tennis, football, and martial arts. Operations focus on simplifying participation in these sectors.
How many acquisitions has Spolto made?
Spolto has made 1 acquisition, including The Coach Crew.
Who are Spolto's investors?
Spolto has 1 investor. Key investors include Peter Kinde.
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