# FanPlay Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fanplay-technologies-private

- Industry: Software
- Headquarters: Noida, India
- Website: www.fangame.live
- Total disclosed funding: $0.2M
- Latest round: Seed (Sep 29, 2020)
- Investors on record: 2

## About

Founded in 2020 and based in Noida, India, FanPlay Technologies specializes in delivering innovative online gaming experiences, fostering community engagement and real-time interaction among users.FanPlay Technologies Private Limited operates in the online gaming sector, focusing on immersive multiplayer experiences. The company was founded by Adarsh Haridas and Pritesh Kumar. As of August 2021, it raised INR 90 million in a venture funding round led by Upsparks alongside Atrium Angels, Goodwater Capital, and LetsVenture, culminating in a total raised amount of INR 90 million. The company has engaged in 2 total deals, with its most recent funding round being significant for its growth and operational strategy.Fangame.live specializes in digital entertainment solutions, focusing on online gaming experiences that cater to diverse audiences. Their flagship offerings include immersive multiplayer games that incorporate real-time interaction and community engagement features. Targeting markets in North America and Europe, Fangame.live addresses the growing demand for interactive entertainment among both avid gamers and casual users, ensuring its products evolve to meet changing consumer preferences.Fangame.live reported a revenue of 0 in the fiscal year 2023 and an EBITDA of -2193.6 for the same year. The company generates revenue through subscription models and in-game purchases, monetizing its gaming platforms effectively. Clients engage directly via transactions for premium content or virtual goods, and pricing plans are structured to provide tiered access according to user investment levels.In August 2021, FanPlay Technologies raised INR 90 million to broaden its product offerings and add more game formats to its platform. The company plans to expand into additional markets, specifically targeting new regions in North America and Europe, aligning with its goal to enhance its portfolio and reach a larger audience. The recent funding will be utilized to support these initiatives and strategically develop new products in line with market demand.

## Funding rounds

- Seed, Sep 29, 2020, $0.2M — LVX, CORE91 VC

## Investors

- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- CORE91 VC (https://capitalatlas.ai/funds/core91-vc) — Seed
