Timezone

Mumbai, India Founded: 1978 • Age: 48 yrs Acquired By Quadrant Private Equity
Provider of venue for events
Annual revenue $55.0M Latest available
Total funding $223,950 1 rounds
Employees 1496 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Timezone

Timezone is a company based in Mumbai (India) founded in 1978 by Malcolm Steinberg was acquired by Quadrant Private Equity in December 2017. Timezone has raised $223.95 thousand across 1 funding round from investors including Avel and Quadrant Private Equity. The company has 1,496 employees as of January 23, 2025. Timezone offers products and services including Arcade Games and Party Hosting.

  • Headquarter Mumbai, India
  • Employees 1496 as on 23 Jan, 2025
  • Founders Malcolm Steinberg
  • Stage Minicorn
  • Sectors
    Business Services
    Travel & Hospitality
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Timezone Entertainment Private Limited
  • Date of Incorporation 09 Oct, 2003
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Business Services → Event, Translation & Local Services Unlock Sub-Sector Unlock Segment
Travel & Hospitality → Tourism Development & Attractions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $55.04 M (USD)
    42.32
    as on Mar 31, 2024
  • Net Profit
    $5.32 M (USD)
    162.79
    as on Mar 31, 2024
  • EBITDA
    $23.95 M (USD)
    55.62
    as on Mar 31, 2024
  • Total Equity Funding
    $223.95 K (USD)

    in 1 rounds

  • Latest Funding Round
    $223.95 K (USD), Unspecified

    Apr 11, 2022

  • Investors
    Avel

    & 1 more

  • Employee Count
    1496

    as on Jan 23, 2025

  • Acquired by
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Products & Services of Timezone

Timezone offers a comprehensive portfolio of products and services, including Arcade Games and Party Hosting.

Product name locked
Category locked
Primary

A variety of games and attractions are offered for family bonding and recreation at Timezone venues.

Product name locked
Category locked
Locked

Birthday and corporate parties are organized with games and rewards at Timezone locations across India.

People of Timezone

Headcount 1000-5000
Employee Profiles 2
Employee Profiles
People
Kaushal Jain
Finance Controller

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Teams

Funding Insights of Timezone

Timezone has successfully raised a total of $223.95K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $223.95 thousand completed in April 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.

Investors in Timezone

Timezone has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Avel and Quadrant Private Equity.

All
Venture Fund
Investor Description Founded Year Domain Location
Growth partnerships are facilitated by Quadrant Private Equity.
Locked Locked Locked
-
Locked Locked Locked
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Investor details for Timezone

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  • Participation history

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Investments & Acquisitions by Timezone

Investments
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Investment portfolio details for Timezone

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Financial Statements - Timezone

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Detailed financials for Timezone

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  • Profit trends
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Timezone Comparisons

Timezone Primary company
Description
Provider of venue for events
Location
Mumbai, India
Founded Year
1978
Annual Revenue
$55.04 M (USD)
Net Profit
$5.32 M (USD)
EBITDA
$23.95 M (USD)
Employees
1,496
As of 2025
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Peer comparison for Timezone

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Competitors of Timezone

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Detailed competitors of Timezone

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  • Domains and locations
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Latest news on Timezone

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Complete news archive for Timezone

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about Timezone

Timezone was founded in 1978 and raised its 1st funding round 44 years after it was founded.

Timezone is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Naveen H is the current CEO of Timezone.

Timezone is a funded company, having raised a total of $223.95K across 1 funding round to date.

As of Jan 23, 2025, the latest employee count at Timezone is 1,496.

Annual revenue of Timezone is $55.04M as on Mar 31, 2024.

This company offers online games across various countries. It caters to a diverse international audience, providing access to its games in Australia, New Zealand, India, Indonesia, Vietnam, the Philippines, and Singapore. The company focuses on delivering engaging and accessible gaming experiences to players in these regions. The selection of countries indicates a strategic approach to reaching a wide player base.

Timezone offers Arcade Games and Party Hosting.

Timezone has 2 investors. Key investors include Avel, and Quadrant Private Equity.

The valuation of Timezone is $33.55M as of Apr 2022.

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