# DKG Nextgen Sports Entertainment Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dkg-nextgen-sports-entertainment-pvt

- Industry: Software
- Headquarters: Gurgaon, India
- Website: www.playx.in
- Total disclosed funding: $0M
- Latest round: Angel (Nov 6, 2017)
- Investors on record: 1

## About

DKG Nextgen Sports Entertainment Pvt. Ltd. is a company focused on innovative digital solutions that enhance user engagement across various sectors, delivering tailored software applications to meet diverse client needs.DKG Nextgen Sports Entertainment Pvt. Ltd., founded in 2017 and headquartered in Gurgaon, India, specializes in creating digital solutions that improve user interactions. The founder, Alexander Hugh-Plott, has been involved in the tech landscape, steering the company towards interactive software applications. The company raised INR 2.30 million in an Angel funding round in November 2017, resulting in a post-money valuation of INR 62.56 million. This was the sole deal recorded for the company, emphasizing its focus on specific growth milestones rather than a multitude of funding rounds.playx.in specializes in delivering innovative digital solutions tailored to enhance user engagement and streamline processes within various sectors. The core offerings include a suite of software applications designed for interactive experiences, relevant for e-commerce platforms, educational institutions, and corporate training environments. These applications address specific challenges such as consumer retention, knowledge retention, and organizational efficiency. Its diverse customer base includes small to medium enterprises and larger corporations, with users ranging from retail consumers to corporate employees and students, primarily in North America and Europe.playx.in generates revenue through a subscription-based model, allowing clients to access their suite of applications on a recurring basis. This approach fosters long-term customer relationships, resulting in consistent revenue streams. Clients subscribe to various service tiers based on their needs, including basic access and premium features. In the most recent financial year, the company reported zero revenue with an EBITDA of INR -349.7 mn, indicating the financial challenges faced during that period.DKG Nextgen Sports Entertainment Pvt. Ltd. plans to leverage its recent Angel funding of INR 2.30 million, raised in November 2017, to enhance its product offerings and expand into new markets. The company aims to develop upcoming products that cater to emerging trends in digital engagement, although specific timelines for launches have not been disclosed. Additionally, the company seeks to penetrate markets in Asia and Europe by 2025, capitalizing on growing demand for digital solutions. The funds raised will primarily support product development and market entry initiatives.

## Funding rounds

- Angel, Nov 6, 2017, $0M — Lead Invest

## Investors

- Lead Invest (https://capitalatlas.ai/funds/lead-invest) — Angel