About UTV Group
UTV Group is a Media & Entertainment company based in Mumbai (India) founded in 1990, and was acquired by Disney in July 2011. Provider of online sports news, live scores, and betting odds. The company has 371 employees. UTV Group has completed 1 acquisition, including Indiagames. Its Indian entity Utv Software Communications Private Limited reported revenue of ₹266 Cr. Its focus areas include Film & TV Studios, Production & Distribution and Multi-Category.
Company details
UTV Group was founded in 1990 and is headquartered in Mumbai, India. Operations focus on the online sports information sector, where real-time updates on sporting events, including live scores and match statistics, are delivered. Betting odds from various bookmakers are compared, and news articles along with analyses on sports and leagues are featured. Timely information is supplied to users interested in sports and betting.
- Headquarters Mumbai, India
- Employees 371
- Stage Acquired
- SectorsMedia & Entertainment
- Website utvgroup.com
- Social LinkedIn X
- Acquired by Disney (Jul 2011)
- Legal Name Utv Software Communications Private Limited
- Date of Incorporation 22 Jun, 1990
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹266 Cr
FY 2024 · +29% YoY
- Net Profit₹258 Cr
FY 2024 · 97% margin
- EBITDA₹175 Cr
FY 2024 · 66% margin
- Investors
- Employee Count371
- Investments & Acquisitions
- Acquired byDisney
(Jul 2011)
Associated legal entities of UTV Group
UTV Group operates through Utv Software Communications 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 |
|---|---|---|---|---|---|---|---|
| Utv Software Communications Private Limited CIN U72200MH1990PTC056987 | Active | 22 Jun 1990 | Mumbai, Maharashtra | ₹266 Cr | 371 | 4 | View details |
Investors in UTV Group
UTV Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Disney.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| disney.in |
Investor details for UTV Group
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Board of directors of Utv Software Communications Private Limited (UTV Group)
Utv Software Communications Private Limited is the primary company behind UTV Group. The board of Utv Software Communications Private Limited currently have 3 directors; the longest-serving is Atul Agarwal, appointed in 2024. 34 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Atul Agarwal DIN 07681763 | Additional Director | 23 Dec 2024 | 1 yr 9 mo | Utv Software Communications Private Limited |
| Bikram Kewalkrishnan Duggal DIN 02424360 | Additional Director | 23 Dec 2024 | 1 yr 9 mo | Utv Software Communications Private Limited |
| Saket Sudhir Arbhi DIN 11233625 | Additional Director | 11 Aug 2025 | 1 yr 2 mo | Utv Software Communications Private Limited |
Financials of UTV Group
Figures of Utv Software Communications Private Limited, the primary company behind UTV Group, for FY 2024. Revenue was ₹266 Cr (+29% year on year). Net profit was ₹258 Cr (97% margin). EBITDA was ₹175 Cr (66% margin). Revenue has grown at a compounded annual rate of -25% over three years and -22% over five years.
- ₹266 CrRevenue · FY 2024 · +29% YoY
- ₹258 CrNet profit · 97% margin
- ₹175 CrEBITDA · 66% margin
- ₹892 CrPaid-up capital
- 371Employees (provident fund records)
- -25%Revenue CAGR, 3 years
- -22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Utv Software Communications Private Limited are on its company page.
Detailed financial statements for UTV Group
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Investments & Acquisitions by UTV Group
UTV Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Indiagames.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Mobile and online games are developed and published internationally. | indiagames.com | Mumbai, India | 2000 | Dec 2007 | •••• |
Complete acquisition details for UTV Group
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Timeline of UTV Group
3 dated milestones of UTV Group across 21 years, from founding to its latest funding, stage changes and deals.
- Founded UTV Group is founded.
- Acquisition Acquires Indiagames.
- Exit Acquired by Disney.
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Related news about Utv Group
Complete news archive for UTV Group
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Frequently Asked Questions about UTV Group
UTV Group was founded in 1990.
UTV Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
UTV Group has 371 employees.
The primary company behind UTV Group, Utv Software Communications Private Limited, reported revenue of ₹266 Cr for FY 2024, up 29% year on year.
UTV Group was founded in 1990 and is headquartered in Mumbai, India. Operations focus on the online sports information sector, where real-time updates on sporting events, including live scores and match statistics, are delivered. Betting odds from various bookmakers are compared, and news articles along with analyses on sports and leagues are featured. Timely information is supplied to users interested in sports and betting.
UTV Group has made 1 acquisition, including Indiagames.
UTV Group has 1 investor. Key investors include Disney.
UTV Group operates through Utv Software Communications Private Limited.
Yes. UTV Group was acquired by Disney in July 2011.
The legal entities of UTV Group currently have 4 directors, including Atul Agarwal, Bikram Kewalkrishnan Duggal, Anshu Bhaskaran and others.