# STAGE

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

- Industry: Media
- Headquarters: Indore, India
- Website: www.stage.in
- Total disclosed funding: $24M
- Latest round: Series B (Mar 21, 2025)
- Investors on record: 27

## About

STAGE, based in India, operates a digital platform for streaming Haryanvi movies, shows, and web series, catering specifically to regional content and cultural narratives for local audiences.Founded in 2019 and headquartered in Indore, India, STAGE is a platform designed to provide streaming services for Haryanvi entertainment. The company has engaged in a total of 8 deals with recent significant funding. Shashank Vaishnav is the founder, while Vinay Singhal serves as the CEO. In March 2025, STAGE raised USD 12.5 mn in a Series B funding round, co-led by Goodwater Capital and Blume Ventures, with participation from various other investors. This latest round marks the total amount raised at USD 12.5 mn.STAGE specializes in providing a comprehensive platform for streaming Haryanvi movies, shows, and web series. Their core offering centers around a subscription-based model that allows users to access a diverse library of content tailored specifically to the Haryanvi culture. The platform aims to address the demand for regional entertainment by featuring original series and films that resonate with local audiences, promoting cultural narratives, and fostering community engagement. Content is designed for viewers who appreciate stories and themes reflective of Haryanvi life, thus serving a niche market primarily in India. The service is accessible via various internet-enabled devices, ensuring users can enjoy their favorite shows and movies from the comfort of their homes.In 2023, STAGE reported a revenue of USD 353,935.90, while its EBITDA for the same year was USD -2,855,079.70. The revenue structure of STAGE is primarily based on a subscription service, enabling direct-to-consumer transactions that foster a close relationship with its user base. The pricing plans are designed to attract a wide range of viewers, providing flexibility in subscription options that cater to different preferences and viewing habits. By offering a tailored content experience, STAGE generates revenue through incremental subscriptions, while leveraging partnerships with content creators and regional filmmakers to expand its offerings.STAGE plans to utilize the recent Series B funding raised in March 2025, amounting to USD 12.5 mn, to enhance its cultural offerings and improve its platform. The company aims to expand its reach into new geographic markets, although specific regions have not been mentioned. Upcoming products that are being developed will focus on diversifying content and improving user experience, with potential releases tied to the ongoing development of their platform.

## Funding rounds

- Series B, Mar 21, 2025, $13M — Inflection Point Ventures, Mumbai Angels, Blume Ventures, The Chennai Angels, Goodwater Capital, Venture Catalysts, Physis Capital
- Series B, Dec 27, 2024, $9.9M — Blume Ventures, Goodwater Capital, LVX, TSM Ventures, India Accelerator, Physis Capital, Brew Opportunities Fund, VENTURESAILTHROUGH LLP
- Series A, Sep 1, 2023, $0.2M — Tailwind Capital, Better Capital, Mumbai Angels, Blume Ventures, The Chennai Angels, Venture Catalysts, LVX, Alteria Capital, NB Ventures, TSM Ventures, Inflection Point Ventures, AngelList, We Founder Circle, Dholakia Ventures, Tarmac Ventures, Long Tail Ventures, VSS Investco, Thapar Vision, VENTURESAILTHROUGH LLP
- Seed, Nov 1, 2021 — Hong Shan
- Angel, Jan 30, 2021, $0.6M — Sprout Group, Inflection Point Ventures, Malpani Ventures
- Seed, Nov 11, 2019, $1.1M — Venture Catalysts, Sarcha Advisors

## Investors

- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed, Series A, Series B
- Sarcha Advisors — Seed
- Sprout Group (https://capitalatlas.ai/funds/sprout-group) — Angel
- Inflection Point Ventures (https://capitalatlas.ai/funds/inflection-point-ventures) — Angel, Series A, Series B
- Malpani Ventures (https://capitalatlas.ai/funds/malpani-ventures) — Angel
- Hong Shan — Seed
- Tailwind Capital (https://capitalatlas.ai/funds/tailwind-capital) — Series A
- Better Capital — Series A
- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Series A, Series B
- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Series A, Series B
- The Chennai Angels (https://capitalatlas.ai/funds/the-chennai-angels) — Series A, Series B
- LVX (https://capitalatlas.ai/funds/lvx) — Series A, Series B
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series A
- NB Ventures (https://capitalatlas.ai/funds/nb-ventures) — Series A
- TSM Ventures — Series A, Series B
- AngelList — Series A
- We Founder Circle (https://capitalatlas.ai/funds/we-founder-circle) — Series A
- Dholakia Ventures (https://capitalatlas.ai/funds/dholakia-ventures) — Series A
- Tarmac Ventures — Series A
- Long Tail Ventures (https://capitalatlas.ai/funds/long-tail-ventures) — Series A
- VSS Investco (https://capitalatlas.ai/funds/vss-investco) — Series A
- Thapar Vision (https://capitalatlas.ai/funds/thapar-vision) — Series A
- VENTURESAILTHROUGH LLP — Series A, Series B
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series B
- India Accelerator (https://capitalatlas.ai/funds/india-accelerator) — Series B
- Physis Capital (https://capitalatlas.ai/funds/physis-capital) — Series B
- Brew Opportunities Fund — Series B