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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Investors in Spolto
Spolto has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Peter Kinde.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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PK
Peter Kinde |
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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.
| 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 |
Financial Statements - Spolto
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.
| 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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Frequently Asked Questions about Spolto
Spolto was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Spolto is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
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.
As of Apr 07, 2024, the latest employee count at Spolto is 11.
Annual revenue of Spolto is $342.9K as on Mar 31, 2023.
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.
Spolto has made 1 acquisition, including The Coach Crew.
Spolto has 1 investor. Key investors include Peter Kinde.