About SportsNest
SportsNest is a company based in Bengaluru (India) founded in 2011.. The company has 10 employees as of April 08, 2024. SportsNest operates in a competitive market with competitors including Achivr, Sportsjam, InstaSport, Playfiks and playR, among others.
- Headquarter Bengaluru, India
- Employees 10 as on 08 Apr, 2024
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Sectors
Media & Entertainment
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Phone
*********
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Website
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Social
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- Legal Name Sportsnest Retail (India) Private Limited
- Date of Incorporation 14 Jul, 2011
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$296.3 K (USD)59as on Mar 31, 2023
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Net Profit
$-22.29 K (USD)59.07as on Mar 31, 2023
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EBITDA
$8.03 K (USD)126.85as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
10
as on Apr 08, 2024
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Funding Insights of SportsNest
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2011 | Amount | Seed - SportsNest | Valuation |
investors |
| 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 SportsNest
SportsNest has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Blume Ventures. 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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Seed and early-stage investments are made across sectors in India.
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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 SportsNest
| 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 - SportsNest
| 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 |
Sportsnest Comparisons
Competitors of SportsNest
SportsNest 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 Achivr, Sportsjam, InstaSport, Playfiks and playR, 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 |
Online e-commerce site for sports equipment, apparel, and accessories sales.
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| domain | founded_year | HQ Location |
Online store selling sports gear, apparel, and accessories for badminton, tennis, and cricket.
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| domain | founded_year | HQ Location |
Manages an e-commerce store for a variety of sports products and apparel.
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| domain | founded_year | HQ Location |
Internet first brand offering multi-category sportswear for men and women
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| domain | founded_year | HQ Location |
Online seller of sports apparel, jerseys, and equipment for cricket enthusiasts.
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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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Frequently Asked Questions about SportsNest
When was SportsNest founded?
SportsNest was founded in 2011.
Where is SportsNest located?
SportsNest is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does SportsNest have?
As of Apr 08, 2024, the latest employee count at SportsNest is 10.
What is the annual revenue of SportsNest?
Annual revenue of SportsNest is $296.3K as on Mar 31, 2023.
What does SportsNest do?
SportsNest was founded in 2011 in Bengaluru, India, as an e-commerce platform in the sports goods sector. B2B operations were initiated through a private beta in September 2011, followed by a B2C site launch in November 2011 for online purchases of gear. Authentic branded items, including shoes, t-shirts, fitness equipment, and nutrition products, are offered. A merger with Playgroundonline.com was completed in 2012.
Who are the top competitors of SportsNest?
Who are SportsNest's investors?
SportsNest has 1 investor. Key investors include Blume Ventures.