Technology Front

Chennai, India Founded: 2003 • Age: 23 yrs Minicorn
Stadium management software for multiple sports is provided.

About Technology Front

Technology Front is a Media & Entertainment company based in Chennai (India) founded in 2003 by Asha Muralidharan. It operates as a stadium management software for multiple sports is provided. Technology Front has raised $48.06 million across 8 funding rounds from investors including Avigo Capital Partners, FidelisWorld and Sandeep Kohli. The company has 52 employees. Technology Front was last valued at $83.2 million in April 2016. Its Indian entity In-Fieldsports Technology India Private Limited reported revenue of β‚Ή17.47 Cr. Its focus areas include Consumer, Sports Tech, Sports IT and Stadium Management Software. Its competitors include SportsEngine, LeagueApps, Overtime, Clubessential Holdings and SportEasy and 3 more; 6 of its 8 listed competitors have raised funding.

Company details

Technology Front was established in 2003 in Chennai, India, within the technology sector focused on sports infrastructure. Software solutions for stadium management across various sports are developed and offered, encompassing features like fan engagement tools and accounting systems. Operations are centered in India, supporting venue administrators with integrated platforms for efficient event handling and resource allocation.

Key Metrics
  • Annual Revenue
    ₹17.47 Cr

    FY 2023 · -83% YoY

  • Net Profit
    ₹7.47 Cr

    FY 2023 · 8% margin

  • EBITDA
    ₹22.61 Cr

    FY 2023 · 24% margin

  • Total Equity Funding
    $48.06M (USD)

    in 8 rounds

  • Latest Funding Round
    $5.31M (USD), Series B

    Apr 2016

  • Investors
  • Employee Count
    52

Funding Insights of Technology Front

Technology Front has successfully raised a total of $48.06M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $5.31 million completed in April 2016. 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 $48.06M
  • Total Rounds 8
  • Last Round Series B β€” $5.31M
  • First Round $608,198

    (Apr 2007)

  • Investors Count 61

All 8 funding rounds of Technology Front with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2016$5.31MSeries B$83.2M–
Mar 2014$14.79MSeries B$59.18MFidelisWorld
–
Jul 2010$12.34MSeries A–Avigo Capital Partners
Dec 2009$12.22MSeries A$‒‒‒‒‒–
Jun 2009$376,123Angel Round$β€’β€’β€’β€’β€’Narayanan Balakrishnan
Dec 2007$1.93MSeed$β€’β€’β€’β€’β€’Lashit Lallubhai
Aug 2007$485,850Angel Round$β€’β€’β€’β€’β€’Narayanan Balakrishnan
–
Apr 2007$608,198Seed$‒‒‒‒‒–
Valuation history
DateValuationStage
Apr 2016$83.2Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2014$59.18Mβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2009$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2009$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Dec 2007$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Aug 2007$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $83.2M (Apr 2016). 61 investors in total: 8 institutional and 53 angel.

Investors in Technology Front

Technology Front has secured backing from 61 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Avigo Capital Partners, FidelisWorld and Sandeep Kohli.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Growth equity based VC firm
–fidelisworld.comEbene City, Mauritius
PE firm invests in India
2005avigocapital.comDelhi, India
Delivers comprehensive management and business consulting services.
2000consultstart.comDubai, United Arab Emirates
Order management solutions are offered to businesses from Kolkata.
–ordemanagement.tcc.modeKolkata, India
Hotel management services are provided in Delhi, India.
–mezbaanhoteliers.tcc.modeDelhi, India
Real estate development and management are handled in Mumbai, India.
–gazeboestates.tcc.modeMumbai, India
Civil engineering and building construction services are provided.
–silgopropertiesandinvestments.tcc.modeMumbai, India
Business and management consulting services are provided to clients.
–hrishaconsulting.tcc.modeChennai, India

Sandeep Kohli

-
–unknown_56c303b595ff4d18a-

M S Muralidharan

-
–unknown_5106ed6c33ac45f78-
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Investor details for Technology Front

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Board of directors of In-Fieldsports Technology India Private Limited (Technology Front)

In-Fieldsports Technology India Private Limited is the primary company behind Technology Front. The board of In-Fieldsports Technology India Private Limited currently have 2 directors; the longest-serving is Manapakkam Muralidharan Srinivasan, appointed in 1996. 22 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Manapakkam Muralidharan Srinivasan
DIN 01351627
Director20 Nov 199629 yrs 11 moIn-Fieldsports Technology India Private Limited
Asha Muralidharan
DIN 01348763
Director09 Aug 20242 yrs 2 moIn-Fieldsports Technology India Private Limited

People of Technology Front

1 people are tracked at Technology Front (1 in leadership); the tracked headcount is 52.

NameRoleGroup
Co-FounderLeadership
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Financials of Technology Front

Figures of In-Fieldsports Technology India Private Limited, the primary company behind Technology Front, for FY 2023. Revenue was ₹17.47 Cr (-83% year on year). Net profit was ₹7.47 Cr (8% margin). EBITDA was ₹22.61 Cr (24% margin). Revenue has grown at a compounded annual rate of -27% over five years.

  • ₹17.47 CrRevenue · FY 2023 · -83% YoY
  • ₹7.47 CrNet profit · 8% margin
  • ₹22.61 CrEBITDA · 24% margin
  • ₹9.02 CrPaid-up capital
  • 52Employees (provident fund records)
  • -27%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of In-Fieldsports Technology India Private Limited are on its company page.

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Timeline of Technology Front

4 dated milestones of Technology Front across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Technology Front is founded.
  2. Funding First funding round of $608K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series B, of $5.3M.

Competitors of Technology Front

Technology Front has 8 listed competitors in our database, 6 of them funded. They include SportsEngine, LeagueApps, Overtime, Clubessential Holdings and SportEasy, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sportsengine.com2008Minneapolis, United States$49.29M–
Sports teams and leagues are managed through an online platform.
leagueapps.com2010New York, United States$23.25M–
Offers sports league management and registration software
overtime.tv2016New York, United States$218.69M402
Sports content is produced and shared across multiple digital platforms.
clubessentialholdings.com2016Cincinnati, United States–315
Membership and club management software is provided for various organizations.
sporteasy.net2011Paris, France$7.93M–
Sports team and club management is enabled via web-based software.
stacksports.com2016Plano, United States–271
SaaS-based platform for sports team and event management is developed.
holdsport.dk2003Aarhus, Denmark$2.07M14
Sports events are organized through a mobile app.
vnnsports.net2010Grand Rapids, United States$25.56M–
Software solutions for sports team management and events are offered.
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Detailed competitors of Technology Front

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Top companies in Sports Technology Platforms

10 companies that operate in the same segment as Technology Front (Sports Technology Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Operator of a platform providing skill-based games and interactive entertainment
2018Delhi, Delhi, IndiaUSD 92 MUSD 83.05 M1
Subscription-based platform for streaming soccer content is offered.
2015New York, New York, United StatesUSD 154.63 MUSD 1.62 B590
Developer of a fantasy platform for multiple sports
2009New York, New York, United StatesUSD 416.2 M–4,115
Subscription-based social networking platform for runners and cyclists
2009San Francisco, California, United StatesUSD 180 M–999
Online fantasy sports platforms are provided for multiple sports.
2012Boston, Massachusetts, United StatesUSD 718.6 MUSD 6.05 B5,802
Operator of a multifaceted platform for sports content and experiences
2008Mumbai, Maharashtra, IndiaUSD 942.17 MUSD 509.95 K1,310
Skill-based online games are provided through a technology-driven platform.
2006Mumbai, Maharashtra, IndiaUSD 98.07 MUSD 264.51 M777
Real money skill-based gaming is facilitated through an online platform.
2018Bengaluru, Karnataka, IndiaUSD 401.22 MUSD 100.11 M435
Cloud-based software is provided for managing outdoor events and activities.
1999Dallas, Texas, United StatesUSD 313.84 M–2,458
News media platform for soccer
2008Berlin, Berlin, GermanyUSD 320.1 MUSD 30.07 M298
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Frequently Asked Questions about Technology Front

Technology Front was founded in 2003 and raised its 1st funding round 4 years after it was founded.

Technology Front is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Technology Front is a funded company, having raised a total of $48.06M across 8 funding rounds to date. The company's 1st funding round was a Seed of $608.2K, raised on Apr 2007.

Technology Front has 52 employees.

The primary company behind Technology Front, In-Fieldsports Technology India Private Limited, reported revenue of β‚Ή17.47 Cr for FY 2023, down 83% year on year.

Technology Front was established in 2003 in Chennai, India, within the technology sector focused on sports infrastructure. Software solutions for stadium management across various sports are developed and offered, encompassing features like fan engagement tools and accounting systems. Operations are centered in India, supporting venue administrators with integrated platforms for efficient event handling and resource allocation.

Technology Front's top competitors include LeagueApps, Overtime and SportsEngine.

Technology Front has 61 investors. Key investors include Avigo Capital Partners, FidelisWorld, Sandeep Kohli, M S Muralidharan, and Start Consult.

The valuation of Technology Front is $83.2M as of Apr 2016.

Technology Front operates through In-Fieldsports Technology India Private Limited.

The legal entities of Technology Front currently have 3 directors, including Asha Muralidharan, Heena Khera, Manapakkam Muralidharan Srinivasan.

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