About Sportobuddy
Sportobuddy is a company based in Mumbai (India) founded in 2015 by Sunil Vamanrai Kukadia.. Sportobuddy has raised $1.5 million across 1 funding round. The company has 7 employees as of March 27, 2024. Sportobuddy operates in a competitive market with competitors including ACTIVE Network, ArbiterSports, OpenSports, LEVERADE and FamilyID, among others.
- Headquarter Mumbai, India
- Employees 7 as on 27 Mar, 2024
- Founders Sunil Vamanrai Kukadia
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Locobuddy Mobile Technology Private Limited
- Date of Incorporation 06 Nov, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$150.14 K (USD)-30.81as on Mar 31, 2023
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Net Profit
$-91.94 K (USD)57.61as on Mar 31, 2023
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EBITDA
$-50.68 K (USD)77.47as on Mar 31, 2023
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Total Equity Funding
$1.5 M (USD)
in 1 rounds
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Latest Funding Round
$1.5 M (USD), Angel Round
Sep 25, 2017
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Investors
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Employee Count
7
as on Mar 27, 2024
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Funding Insights of Sportobuddy
Sportobuddy has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Angel Round round of $1.5 million completed in September 2017. 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 1
- Last Round Angel Round — $1.5M
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First Round
First Round
(25 Sep 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Angel Round - Sportobuddy | 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 |
Investments & Acquisitions by Sportobuddy
| 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 - Sportobuddy
| 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 |
Sportobuddy Comparisons
Competitors of Sportobuddy
Sportobuddy 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 ACTIVE Network, ArbiterSports, OpenSports, LEVERADE and FamilyID, 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.
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| domain | founded_year | HQ Location |
Cloud-based software is provided for managing outdoor events and activities.
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| domain | founded_year | HQ Location |
Software solutions for sports event management are offered.
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| domain | founded_year | HQ Location |
Sports enthusiasts are connected online for local games and partnerships.
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Offers software for managing sports tournaments and leagues.
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| domain | founded_year | HQ Location |
Online registration software is offered for sports event management.
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| domain | founded_year | HQ Location |
Sports timing systems, devices, and services are developed and supplied.
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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 Sportobuddy
Frequently Asked Questions about Sportobuddy
When was Sportobuddy founded?
Sportobuddy was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Sportobuddy located?
Sportobuddy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Sportobuddy a funded company?
Sportobuddy is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Angel Round of $1.5M, raised on Sep 25, 2017.
How many employees does Sportobuddy have?
As of Mar 27, 2024, the latest employee count at Sportobuddy is 7.
What is the annual revenue of Sportobuddy?
Annual revenue of Sportobuddy is $150.14K as on Mar 31, 2023.
What does Sportobuddy do?
Sportobuddy was founded in 2015 as an online platform in the sports and fitness sector, based in Mumbai, India. Operations are limited to Mumbai, where users can discover and book sports venues, connect with other players, search for fitness and coaching centers, and access listings for events including sailing, trekking, and scuba diving. The platform functions solely within this geographic area as of March 2017.
Who are the top competitors of Sportobuddy?
Sportobuddy's top competitors include ACTIVE Network, ArbiterSports and MYLAPS.