About Veqta
Veqta is a Media & Entertainment company based in Gurugram (India) founded in 2015 by Gaurav Gill. Live sports videos are streamed on demand via mobile platforms. Veqta has raised $551.69 thousand across 1 funding round from investors including Chatsworth Securities, Raphael Antony Lloyd and Hyacinth Lucy Emanuel. Veqta was last valued at $5.55 million in May 2016. Its Indian entity Itw Digital Private Limited reported revenue of ₹37.6 Lakh. Veqta offers products and services including Teen Patti Master Old Version. Its focus areas include Consumer, Sports Tech, Online Sports Media and Video Platforms.
Company details
Veqta was established in 2015 in Gurugram, India, as a platform for on-demand live sports video streaming. Partnerships with original content right holders are utilized to deliver mobile-friendly videos suitable for low-bandwidth connections. A subscription fee of INR 99 per year is applied, covering major team and individual sports from around the world. Seed funding of 500K was secured in May 2016 from Chatsworth Management and ITW.
- Headquarters Gurugram, India
- Founders Gaurav Gill
- Stage Minicorn
- SectorsMedia & Entertainment
- Email••••••••
- Website veqta.in
- Social LinkedIn X Facebook
- Legal Name Itw Digital Private Limited
- Date of Incorporation 09 Feb, 2016
- Jurisdiction Golf Course Road, Haryana, India
- Annual Revenue₹37.6 Lakh
FY 2018 · +37561500% YoY
- Net Loss-₹1.71 Cr
FY 2018 · -456% margin
- EBITDA-₹1.66 Cr
FY 2018 · -442% margin
- Total Equity Funding$551.69K (USD)
in 1 rounds
- Latest Funding Round$551.69K (USD), Seed
May 2016
- InvestorsChatsworth Securities
& 4 more
Associated legal entities of Veqta
Veqta operates through Itw Digital Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Itw Digital Private Limited CIN U92412HR2016PTC058142 | Strike Off | 09 Feb 2016 | Gurgaon, Haryana | ₹0.4 Cr | 3 | View details |
Products & Services of Veqta
Veqta offers a comprehensive portfolio of products and services, including Teen Patti Master Old Version.
App for simple card game play with minimal features and lightweight performance.
Funding Insights of Veqta
Veqta has successfully raised a total of $551.69K through 1 strategic funding round. The most recent funding activity was a Seed round of $551.69 thousand completed in May 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 $551,689
- Total Rounds 1
- Last Round Seed — $551,689
- First Round $551,689
(May 2016)
- Investors Count 5
All 1 funding rounds of Veqta 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 |
|---|---|---|---|---|---|
| May 2016 | $551,689 | Seed | $5.55M | Chatsworth Securities, Chatsworth |
| Date | Valuation | Stage |
|---|---|---|
| May 2016 | $5.55M | •••••••• |
Last known valuation $5.55M (May 2016). 5 investors in total: 3 institutional and 2 angel.
Investors in Veqta
Veqta has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Chatsworth Securities, Raphael Antony Lloyd and Hyacinth Lucy Emanuel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking firm | chatsworthgroup.com | Greenwich, United States | ||
ITW Global is engaged in sports and media sponsorship consulting. | itwglobal.com | Bangalore, India | ||
RA Raphael Antony Lloyd | unknown_7469fa205df84aadb | |||
HL Hyacinth Lucy Emanuel | unknown_1511481ec1cc40e28 | |||
| chatsworth.com |
Investor details for Veqta
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Itw Digital Private Limited (Veqta)
Itw Digital Private Limited is the primary company behind Veqta. The board of Itw Digital Private Limited currently have 3 directors; the longest-serving is Varun Mathur, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Varun Mathur DIN 05221733 | Director | 09 Feb 2016 | 10 yrs 8 mo | Itw Digital Private Limited |
| Vikram Tanwar DIN 02754279 | Director | 09 Feb 2016 | 10 yrs 8 mo | Itw Digital Private Limited |
| Gaurav Gill DIN 07059813 | Director | 25 May 2016 | 10 yrs 5 mo | Itw Digital Private Limited |
People of Veqta
1 people are tracked at Veqta (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Veqta
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Financials of Veqta
Figures of Itw Digital Private Limited, the primary company behind Veqta, for FY 2018. Revenue was ₹37.6 Lakh (+37561500% year on year). Net loss was -₹1.71 Cr (-456% margin). EBITDA was -₹1.66 Cr (-442% margin).
- ₹37.6 LakhRevenue · FY 2018 · +37561500% YoY
- -₹1.71 CrNet loss · -456% margin
- -₹1.66 CrEBITDA · -442% margin
- ₹2.84 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Itw Digital Private Limited are on its company page.
Detailed financial statements for Veqta
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Veqta
3 dated milestones of Veqta across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Veqta is founded.
- Funding First funding round of $552K.
- Milestone Reaches Minicorn status.
Top companies in Sports Technology Platforms
3 companies that operate in the same segment as Veqta (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 Veqta
Complete news archive for Veqta
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Frequently Asked Questions about Veqta
Veqta was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Veqta is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Veqta is a funded company, having raised a total of $551.69K across 1 funding round to date. The company's 1st funding round was a Seed of $551.69K, raised on May 2016.
The primary company behind Veqta, Itw Digital Private Limited, reported revenue of ₹37.6 Lakh for FY 2018, up 37561500% year on year.
Veqta was established in 2015 in Gurugram, India, as a platform for on-demand live sports video streaming. Partnerships with original content right holders are utilized to deliver mobile-friendly videos suitable for low-bandwidth connections. A subscription fee of INR 99 per year is applied, covering major team and individual sports from around the world. Seed funding of 500K was secured in May 2016 from Chatsworth Management and ITW.
Veqta offers Teen Patti Master Old Version.
Veqta has 5 investors. Key investors include Chatsworth Securities, Raphael Antony Lloyd, Hyacinth Lucy Emanuel, ITW Global, and Chatsworth.
The valuation of Veqta is $5.55M as of May 2016.
Veqta operates through Itw Digital Private Limited.
The legal entities of Veqta currently have 3 directors, including Varun Mathur, Vikram Tanwar, Gaurav Gill.