About Sportskeeda
Sportskeeda is a company based in Bengaluru (India) founded in 2009 by Srinivas Rowjee Cuddapah was acquired by Nazara in August 2019.. Sportskeeda has raised $1.04 million across 2 funding rounds from investors including Nazara and Seedfund. The company has 63 employees as of April 09, 2024. Sportskeeda has completed 1 acquisition, including Pro Football Network. Sportskeeda offers products and services including Sportskeeda Website. Sportskeeda operates in a competitive market with competitors including The Athletic, Hupu, MinuteMedia, Bleacher Report and Better Collective, among others.
- Headquarter Bengaluru, India
- Employees 63 as on 09 Apr, 2024
- Founders Srinivas Rowjee Cuddapah
- 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 Absolute Sports Private Limited
- Date of Incorporation 10 Jun, 2010
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$15.19 M (USD)56.6as on Mar 31, 2023
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Net Profit
$3.85 M (USD)55.11as on Mar 31, 2023
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EBITDA
$4.74 M (USD)47.34as on Mar 31, 2023
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Total Equity Funding
$1.04 M (USD)
in 2 rounds
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Latest Funding Round
$488.07 K (USD), Seed
Aug 16, 2013
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Investors
Nazara
& 1 more
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Employee Count
63
as on Apr 09, 2024
- Investments & Acquisitions
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Acquired by
Nazara
(Aug 21, 2019)
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Products & Services of Sportskeeda
Sportskeeda offers a comprehensive portfolio of products and services, including Sportskeeda Website. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides online access to sports and entertainment news articles
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Funding Insights of Sportskeeda
Sportskeeda has successfully raised a total of $1.04M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $488.07 thousand completed in August 2013. 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 2
- Last Round Seed — $488,073
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First Round
First Round
(25 Oct 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2013 | Amount | Seed - Sportskeeda | Valuation | Seedfund |
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| Oct, 2011 | Amount | Seed - Sportskeeda | Valuation | Seedfund |
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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 Sportskeeda
Sportskeeda has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Nazara and Seedfund. 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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Early-stage venture capital funding and support for Indian startups.
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Founded Year | Domain | Location | |
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Diversified gaming and sports media platforms are operated and developed.
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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 Sportskeeda
Sportskeeda has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pro Football Network. 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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American football news and NFL content are delivered online.
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2018 |
| 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 - Sportskeeda
| 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 |
Sportskeeda Comparisons
Competitors of Sportskeeda
Sportskeeda 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 The Athletic, Hupu, MinuteMedia, Bleacher Report and Better Collective, 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 |
Subscription-based sports media is delivered to local premium audiences.
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| domain | founded_year | HQ Location |
Sports commentary and news are provided through Hupu's platform.
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| domain | founded_year | HQ Location |
Provider of digital content and advertising solutions for publishers and advertisers
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| domain | founded_year | HQ Location |
Crowdsourced sports scores, news, and content are provided to users.
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| domain | founded_year | HQ Location |
Provider of a betting platform for multiple sports
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| domain | founded_year | HQ Location |
Sports and men's lifestyle online magazine
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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 Sportskeeda
Frequently Asked Questions about Sportskeeda
When was Sportskeeda founded?
Sportskeeda was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is Sportskeeda located?
Sportskeeda is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Sportskeeda?
Ajay Pratap Singh is the current CEO of Sportskeeda.
Is Sportskeeda a funded company?
Sportskeeda is a funded company, having raised a total of $1.04M across 2 funding rounds to date. The company's 1st funding round was a Seed of $555.09K, raised on Oct 25, 2011.
How many employees does Sportskeeda have?
As of Apr 09, 2024, the latest employee count at Sportskeeda is 63.
What is the annual revenue of Sportskeeda?
Annual revenue of Sportskeeda is $15.19M as on Mar 31, 2023.
What does Sportskeeda do?
Sportskeeda was founded in 2009 in Bengaluru, India, as an online platform focused on sports media. Coverage is provided across categories such as cricket, football, tennis, basketball, esports, hockey, golf, MMA, swimming, wrestling, badminton, gaming, and motorsports. Revenue is generated through display advertisements, with mobile applications available for Android and iOS devices to support user access.
Who are the top competitors of Sportskeeda?
Sportskeeda's top competitors include The Athletic, Hupu and Bleacher Report.
What products or services does Sportskeeda offer?
Sportskeeda offers Sportskeeda Website.
How many acquisitions has Sportskeeda made?
Sportskeeda has made 1 acquisition, including Pro Football Network.
Who are Sportskeeda's investors?
What is Sportskeeda's valuation?
The valuation of Sportskeeda is $2.64M as of Aug 2013.
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