Sportido

Noida, India Founded: 2015 • Age: 11 yrs Acquired By Hudle
Sports facilities and events are booked via an app-based platform.
Annual revenue $33,653 Latest available
Total funding $596,527 4 rounds
Employees - Tracked headcount
Investors 79 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Sportido

Sportido is a company based in Noida (India) founded in 2015 by Akriti Anand was acquired by Hudle in March 2023. Sportido has raised $596.53 thousand across 4 funding rounds from investors including Hudle, SucSEED and SucSEED Indovation. Sportido offers products and services including Sportido Platform and Virtual Sports Service. Sportido operates in a competitive market with competitors including Rovo, Sportside, Duplays, BeSport and The Post, among others.

  • Headquarter Noida, India
  • Founders Akriti Anand
  • Stage Minicorn
  • Sectors
    Media & Entertainment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ido Sport Private Limited
  • Date of Incorporation 27 Aug, 2010
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Media & Entertainment → Sports, Events & Attractions Unlock Sub-Sector Unlock Segment
Media & Entertainment → Creator Economy & Social Platforms Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $33.65 K (USD)
    593.57
    as on Mar 31, 2020
  • Net Profit
    -$238.02 K (USD)
    -168.34
    as on Mar 31, 2020
  • EBITDA
    -$230.21 K (USD)
    -193.2
    as on Mar 31, 2020
  • Total Equity Funding
    $596.53 K (USD)

    in 4 rounds

  • Latest Funding Round
    $53.35 K (USD), Series B

    Jun 09, 2021

  • Investors
    Hudle

    & 78 more

  • Employee Count
    Not available
  • Acquired by
    Hudle

    (Mar 02, 2023)

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Products & Services of Sportido

Sportido offers a comprehensive portfolio of products and services, including Sportido Platform and Virtual Sports Service.

Product name locked
Category locked
Primary

Online platform for virtual sports and gaming participation.

Product name locked
Category locked
Locked

Service enabling users to play sports remotely via apps.

Funding Insights of Sportido

Sportido has successfully raised a total of $596.53K across 4 strategic funding rounds. The most recent funding activity was a Series B round of $53.35 thousand completed in June 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.

Investors in Sportido

Sportido has secured backing from 79 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Hudle, SucSEED and SucSEED Indovation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments are made in early-stage tech startups across sectors.
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Investment in early to growth-stage tech startups across various sectors.
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Venture capital and support services for startups in emerging technologies.
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Investor details for Sportido

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Sportido

Investments
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Investment portfolio details for Sportido

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Sportido

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Detailed financials for Sportido

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  • Profit trends
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Sportido Comparisons

Sportido Primary company
Description
Sports facilities and events are booked via an app-based pla...
Location
Noida, India
Founded Year
2015
Annual Revenue
$33.65 K (USD)
Net Profit
-$238.02 K (USD)
EBITDA
-$230.21 K (USD)
Employees
Not available
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Peer comparison for Sportido

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Competitors of Sportido

Sportido 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 Rovo, Sportside, Duplays, BeSport and The Post, among others.

Company Name Domain Founded year HQ Location Description
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Provider of community platform for sports players
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Operates a social networking platform for managing and organizing sports events.
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Provider of networking platform for sports participants
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Local sports events are discovered and communities are connected online.
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Provider of an athletes networking platform
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Detailed competitors of Sportido

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Latest news on Sportido

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Complete news archive for Sportido

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Sportido

Sportido was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Sportido is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Sportido is a funded company, having raised a total of $596.53K across 4 funding rounds to date.

Annual revenue of Sportido is $33.65K as on Mar 31, 2020.

Sportido was founded in 2015 in Noida, India, as an app-based platform in the sports sector. Users are enabled to discover and book venues, events, players, trainers, and coaches through applications available on Android and iOS. Participation in sports groups is facilitated, along with access to offers and discounts. Operations focus on streamlining sports-related bookings and community engagement in the region.

Sportido's top competitors include Rovo, Kibi Sports and Duplays.

Sportido offers Sportido Platform and Virtual Sports Service.

Sportido has 79 investors. Key investors include Hudle, SucSEED, SucSEED Indovation, Sumpoorna, and IP Ventures.

The valuation of Sportido is $2.11M as of Jun 2021.

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