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 ServicesTravel & Hospitality
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Timezone Entertainment Private Limited
- Date of Incorporation 09 Oct, 2003
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$55.04 M (USD)42.32as on Mar 31, 2024
-
Net Profit
$5.32 M (USD)162.79as on Mar 31, 2024
-
EBITDA
$23.95 M (USD)55.62as 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
Quadrant Private Equity
(Dec 20, 2017)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Timezone
Timezone offers a comprehensive portfolio of products and services, including Arcade Games and Party Hosting. 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.
A variety of games and attractions are offered for family bonding and recreation at Timezone venues.
Birthday and corporate parties are organized with games and rewards at Timezone locations across India.
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Unspecified — $223,950
-
First Round
First Round
(11 Apr 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Unspecified - Timezone | Valuation | Avel |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Growth partnerships are facilitated by Quadrant Private Equity.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Timezone
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Timezone
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Timezone Comparisons
Competitors of Timezone
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Timezone
Frequently Asked Questions about Timezone
When was Timezone founded?
Timezone was founded in 1978 and raised its 1st funding round 44 years after it was founded.
Where is Timezone located?
Timezone is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Timezone?
Naveen H is the current CEO of Timezone.
Is Timezone a funded company?
Timezone is a funded company, having raised a total of $223.95K across 1 funding round to date. The company's 1st funding round was a Unspecified of $223.95K, raised on Apr 11, 2022.
How many employees does Timezone have?
As of Jan 23, 2025, the latest employee count at Timezone is 1,496.
What is the annual revenue of Timezone?
Annual revenue of Timezone is $55.04M as on Mar 31, 2024.
What does Timezone do?
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.
What products or services does Timezone offer?
Timezone offers Arcade Games and Party Hosting.
Who are Timezone's investors?
Timezone has 2 investors. Key investors include Avel, and Quadrant Private Equity.
What is Timezone's valuation?
The valuation of Timezone is $33.55M as of Apr 2022.