About SportZchain
SportZchain is a Media & Entertainment company based in Mumbai (India) founded in 2021. Blockchain-enabled fan engagement solutions are provided for sports enthusiasts. It operates in the Media & Entertainment and Financial Services sectors. SportZchain has raised $1 million across 3 funding rounds from investors including MAKS Group, Sunicon and Darq Capital. The company has 1 employees. Its Indian entity Fanquest Technologies Private Limited reported revenue of ₹11.4 Lakh. SportZchain offers products and services including Sportzchain Webapp, $SPN Token, Sports Tokens, and NFTs. Its focus areas include Consumer, Sports Tech, E-Commerce and Licensed Merchandise.
Company details
SportZchain was founded in 2021 and is headquartered in Mumbai, India. Blockchain technology is utilized by the company to deliver fan engagement solutions within the sports sector. An online platform is operated to support fan interactions, including rewards distributed via NFT tokens. Additional features encompass tri-dimensional support, token exchange mechanisms, and collaborations with sports teams to enhance user participation.
- Headquarters Mumbai, India
- Employees 1
- SectorsMedia & EntertainmentFinancial Services
- Email••••••••
- Website sportzchain.com
- Social LinkedIn X Facebook Instagram
- Legal Name Fanquest Technologies Private Limited
- Date of Incorporation 23 Dec, 2021
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹11.4 Lakh
FY 2024 · -32% YoY
- Net Profit₹2.2 Lakh
FY 2024 · 19% margin
- EBITDA₹2.7 Lakh
FY 2024 · 24% margin
- Total Equity Funding$1M (USD)
in 3 rounds
- Latest Funding Round$175K (USD), Token Sale
Sep 2022
- InvestorsMAKS Group
& 4 more
- Employee Count1
Associated legal entities of SportZchain
SportZchain operates through Fanquest Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fanquest Technologies Private Limited CIN U72900TN2021PTC148786 | Active | 23 Dec 2021 | Chennai, Tamil Nadu | ₹0.1 Cr | 2 | View details |
Products & Services of SportZchain
SportZchain offers a comprehensive portfolio of products and services, including Sportzchain Webapp, $SPN Token, Sports Tokens, and NFTs.
Web application for sports fans to engage and earn rewards via activities.
Native token used for transactions and earning rewards on platform.
Tokens for accessing VIP privileges and team interactions.
Non-fungible tokens for exclusive sports experiences and rewards.
Funding Insights of SportZchain
SportZchain has successfully raised a total of $1M across 3 strategic funding rounds. The most recent funding activity was a Token Sale round of $175 thousand completed in September 2022. 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 $1M
- Total Rounds 3
- Last Round Token Sale — $175,000
- First Round $400,000
(Oct 2021)
- Investors Count 5
All 3 funding rounds of SportZchain with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $175,000 | Token Sale | – | – | – |
| May 2022 | $600,000 | Seed | – | Maks Group, Sunicon | – |
| Oct 2021 | $400,000 | Seed | – | Darq Capital |
5 investors in total: 4 institutional and 1 angel.
Investors in SportZchain
SportZchain has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include MAKS Group, Sunicon and Darq Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are made across sectors by Sunicon in India. | sunicon.vc | Mumbai, India | ||
Venture capital firm focused on pre-seed investments | ||||
A diverse conglomerate, MAKS Group is engaged in multiple industries including power solutions, automotive, education, and philanthropy. | maksgroup.co.in | Pune, India | ||
| darq.capital | ||||
JA Jagadeesh Atukuri | unknown_0fa58cd75b474aeab |
Investor details for SportZchain
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Fanquest Technologies Private Limited (SportZchain)
Fanquest Technologies Private Limited is the primary company behind SportZchain. The board of Fanquest Technologies Private Limited currently have 2 directors; the longest-serving is Swaminathan Krishna Moorthy Sankara Subramanian, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Swaminathan Krishna Moorthy Sankara Subramanian DIN 09446383 | Director | 23 Dec 2021 | 4 yrs 10 mo | Fanquest Technologies Private Limited |
| Arasappa Pillai Mutharasu DIN 10143231 | Director | 01 May 2023 | 3 yrs 6 mo | Fanquest Technologies Private Limited |
Financials of SportZchain
Figures of Fanquest Technologies Private Limited, the primary company behind SportZchain, for FY 2024. Revenue was ₹11.4 Lakh (-32% year on year). Net profit was ₹2.2 Lakh (19% margin). EBITDA was ₹2.7 Lakh (24% margin).
- ₹11.4 LakhRevenue · FY 2024 · -32% YoY
- ₹2.2 LakhNet profit · 19% margin
- ₹2.7 LakhEBITDA · 24% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Fanquest Technologies Private Limited are on its company page.
Detailed financial statements for SportZchain
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of SportZchain
3 dated milestones of SportZchain across 1 years, from founding to its latest funding, stage changes and deals.
- Founded SportZchain is founded.
- Funding First funding round of $400K.
- Funding Latest funding round, Token Sale, of $175K.
Top companies in Sports Technology Platforms
3 companies that operate in the same segment as SportZchain (Sports Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
Operator of a multifaceted platform for sports content and experiences | 2008 | Mumbai, Maharashtra, India | USD 942.17 M | USD 509.95 K | 1,310 | |
Skill-based online games are provided through a technology-driven platform. | 2006 | Mumbai, Maharashtra, India | USD 98.07 M | USD 264.51 M | 777 |
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Related news about Sportzchain
Complete news archive for SportZchain
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Frequently Asked Questions about SportZchain
SportZchain was founded in 2021.
SportZchain is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
SportZchain is a funded company, having raised a total of $1M across 3 funding rounds to date. The company's 1st funding round was a Seed of $400K, raised on Oct 2021.
SportZchain has 1 employees.
The primary company behind SportZchain, Fanquest Technologies Private Limited, reported revenue of ₹11.4 Lakh for FY 2024, down 32% year on year.
SportZchain was founded in 2021 and is headquartered in Mumbai, India. Blockchain technology is utilized by the company to deliver fan engagement solutions within the sports sector. An online platform is operated to support fan interactions, including rewards distributed via NFT tokens. Additional features encompass tri-dimensional support, token exchange mechanisms, and collaborations with sports teams to enhance user participation.
SportZchain offers Sportzchain Webapp, $SPN Token, Sports Tokens, and NFTs.
SportZchain has 5 investors. Key investors include MAKS Group, Sunicon, Darq Capital, Jagadeesh Atukuri, and SHISAN Investments.
SportZchain operates through Fanquest Technologies Private Limited.
The legal entities of SportZchain currently have 2 directors, including Arasappa Pillai Mutharasu, Swaminathan Krishna Moorthy Sankara Subramanian.