# TechMash Solutions Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/techmash-solutions-private

- Industry: Internet
- Headquarters: Bangalore, India
- Website: www.playo.co
- Total disclosed funding: $0.6M
- Latest round: Seed (Feb 7, 2020)
- Investors on record: 1

## About

TechMash Solutions Private Limited is a platform that connects sports enthusiasts with various venues, enhancing access and management for sports activities through innovative applications.Founded in 2014 in Bangalore, India, TechMash Solutions Private Limited specializes in sports venue management. The company has not undergone significant pivots and operates independently. Its founders include Amit Roushan, Daanish Suhail, Karthik I, and Karthik Igoor. In February 2020, the company raised INR 42 million in Seed funding, led by ah! Ventures, reaching a total amount raised of INR 42 million and a current valuation of INR 843.718 million.Playo provides a comprehensive platform for connecting sports enthusiasts with a variety of sports venues. The Playo Partner App, designed for venue owners and managers, streamlines bookings, tracks earnings, and generates reports across mobile and desktop devices. This platform serves both B2B and B2C markets, facilitating interactions for amateur athletes, fitness enthusiasts, and professional teams in regions including India and select international markets.In the most recent fiscal year 2023, Playo reported revenue of INR 859,700.7 and an EBITDA of INR -161,025.3. The revenue is primarily generated from transactions through its booking platform, offering users access to over 50 activities, and providing venue owners with subscription-based partnerships to manage their facilities efficiently.TechMash Solutions Private Limited aims to expand its product offerings and geographic reach. With the recent Seed funding of INR 42 million secured on February 7, 2020, the company plans to enhance its platform features and introduce new applications. The strategic focus includes entering new markets beyond India by leveraging the funding to support product development and marketing efforts.

## Funding rounds

- Seed, Feb 7, 2020, $0.6M — ah! Ventures

## Investors

- ah! Ventures (https://capitalatlas.ai/funds/ah-ventures) — Seed