# Sabonka Technologies Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sabonka-technologies-pvt

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.shotang.com
- Total disclosed funding: $5.7M
- Latest round: Series A (Oct 11, 2017)
- Investors on record: 2

## About

Sabonka Technologies Pvt Ltd is a technology firm based in Bangalore, India, specializing in online gaming solutions, including lottery and slot gaming platforms that cater to a diverse user base.Established in 2013, Sabonka Technologies Pvt Ltd operates in the online gaming sector, providing digital platforms for lottery and gaming activities. The company is based in Bangalore, India, and does not have any known subsidiaries or parent companies. The founder's history is not documented. Sabonka Technologies raised INR 55.09 million in a Series A funding round on October 11, 2017, led by investors Exfinity Venture Partners and Patamar Capital. The total amount raised to date is INR 55.09 million, with a current valuation of INR 2,958.784 million.Sabonka Technologies offers a robust online platform featuring a variety of games such as lottery betting and slot machines. The platform is designed for users seeking entertainment and potential financial gain through daily draws and gaming options. It primarily targets casual and serious gamers in Southeast Asia, tapping into the increasing trend of online gaming.In the most recent financial year, Sabonka Technologies reported a revenue of INR 0, with an EBITDA of INR -108,739. The company generates revenue through ticket sales for lottery games and bets placed on Toto and slot machines, reflecting the high volume of transactions in the online gaming sector.Following its most recent funding round in October 2017, Sabonka Technologies plans to use the raised capital to further enhance its gaming platform and expand product offerings. The company aims to penetrate new markets within Southeast Asia and enhance its technology for a better user experience. Specific product launches and geographic expansions are yet to be detailed.

## Funding rounds

- Series A, Oct 11, 2017, $0.8M — Exfinity Venture Partners, Patamar Capital
- Series A, Dec 17, 2015, $4.9M — Exfinity Venture Partners, Patamar Capital

## Investors

- Exfinity Venture Partners (https://capitalatlas.ai/funds/exfinity-venture-partners) — Series A
- Patamar Capital (https://capitalatlas.ai/funds/patamar-capital) — Series A