# Sportido

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sportido

- Industry: Travel & Leisure
- Headquarters: Noida, India
- Website: www.sportido.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Nov 1, 2018)
- Investors on record: 1

## About

Sportido is an online gaming platform based in India, offering a variety of interactive games designed to engage users while providing opportunities for winning jackpots.Founded in 2015 and headquartered in Noida, India, Sportido operates as a gaming platform. It transitioned to focus on user engagement and interactive features, successfully completing six funding deals. The latest funding round occurred on March 3, 2023, involving Inflection Point Ventures and SucSEED Venture Partners, which raised INR 3.890 mn, bringing the total amount raised to INR 3.890 mn and valuing the company at INR 180.971 mn. The founders, Akhil R and Akriti Anand, have established a solid footprint in the gaming industry.Sportido provides a trusted gaming platform featuring a range of online games tailored for entertainment and engagement. Users can enjoy a secure environment where they can participate in various gaming activities, appealing to both casual gamers and serious competitors. The platform serves an international audience, enhancing user experience through its diverse game offerings.In 2023, Sportido generated revenue of INR 2,725.7 mn while reporting an EBITDA amount of -INR 4,570.5 mn for the same year. The revenue model is structured around user participation in games, facilitating direct transactions through bets and entry fees for jackpot opportunities.Following the acquisition by Hudle in March 2023, Sportido plans to expand its reach into new geographic markets. Recent funding will be utilized to enhance product offerings and market penetration. Specific details on upcoming products and targeted additional markets will be confirmed as initiatives progress.

## Funding rounds

- Seed, Nov 1, 2018, $0.1M — Inflection Point Ventures

## Investors

- Inflection Point Ventures (https://capitalatlas.ai/funds/inflection-point-ventures) — Seed