Devils Circuit - About the company
Devils Circuit is a seed company based in Gurugram (India), founded in 2012 by Zeba Zaidi Adeeb and Adnan Adeeb. It operates as a Chains providing obstacle course racing events for participants and athletes. Devils Circuit has raised $2.01M in funding from Rainmatter and Adventuretrailsindia, with a current valuation of ₹*****. The company has 39 active competitors, including 8 funded and 1 that has exited. Its top competitors include companies like Procam International, Cornerstone and SportzVillage.
Company Details
Chains providing obstacle course racing events for participants and athletes. These events feature physical challenges requiring navigation through various obstacles. Participants receive items including medals, apparel, and hydration supplies upon completion of the course. The organization manages the logistics of these athletic gatherings across multiple venues.
- Website
- devilscircuit.com
- Social
- Registered Address
- 55, 2nd Floor, Lane-2, Westend Marg, Saidulajab, Near Saket Metro Station, Gadaipur, South West Delhi, New Delhi, Delhi, India, 110030
Key Metrics
Founded Year
2012
Location
Gurugram, India
Stage
Seed
Total Funding
$2.01M in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jun 19, 2016
Investors
Ranked
9th among 39 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
48 as on May 31, 2026
Legal entities associated with Devils Circuit
Devils Circuit is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VOLANO ENTERTAINMENT PRIVATE LIMITED CIN: U74900DL2011PTC229457 , India, Active | Dec 29, 2011 | 0 - ₹10 Cr (As on Mar 31, 2025) | 1 (As on Mar 31, 2024) |
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Devils Circuit's funding and investors
Devils Circuit has raised a total funding of $2.01M over 2 rounds. Its first funding round was on Mar 03, 2015. Its latest funding round was a Seed round on Jun 01, 2023 for $*****. 1 investor participated in its latest round. Devils Circuit has 4 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Devils Circuit:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 01, 2023 | 5949033 | Seed | 9023022 | 5876350 | 3815735 | 8290890 |
Mar 03, 2015 | 8611056 | Seed | 5846451 | 6926189 |
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Devils Circuit's founders and board of directors
Founder? Claim ProfileThe founders of Devils Circuit are Zeba Zaidi Adeeb and Adnan Adeeb.
Here are the details of Devils Circuit's key team members:
- Zeba Zaidi Adeeb: Co-Founder of Devils Circuit and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 email addresses
- Adnan Adeeb: Co-Founder & Advisor of Devils Circuit. They serve on the board of 1 company.Contact Info: 1 phone number
Devils Circuit's Board of Directors
Devils Circuit's board has 2 active members. Zeba Zaidi Adeeb and Adnan Adeeb are part of team.Here is the list of Devils Circuit's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 14y 6m | |
Team | - | Current | 14y 6m |
View details of Devils Circuit's Founder profiles and Board Members
Devils Circuit's employee count trend
Devils Circuit has 48 employees as of May 26. Here is Devils Circuit's employee count trend over the years:
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Devils Circuit's Competitors and alternates
Top competitors of Devils Circuit include Procam International, Cornerstone and SportzVillage. Here is the list of Top 10 competitors of Devils Circuit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Procam International 1988, Mumbai (India), Early Stage | Provider of sports event management and development services | $3.38M | 65/100 | |
2nd |  Cornerstone 2008, Mumbai (India), Seed | Provider of talent management, esports, and brand consultancy services | $82.7K | 47/100 | |
3rd |  SportzVillage 2003, Bengaluru (India), Series B | Provider of sports and physical education for schools | $39.9M | 47/100 | |
4th | NEB Sports 2014, Bengaluru (India), Funding Raised | Organisation promoting sports activities | - | 39/100 | |
5th | Time Of Sports 2013, Delhi (India), Seed | Sports and event management company | $147K | - | 37/100 |
6th |  YouTooCanRun 2014, Mumbai (India), Unfunded | End-to-end software for running events | - | - | 37/100 |
7th | Provider of sports events and stadium services | - | - | 35/100 | |
8th | Pro Sport Development 2011, Delhi (India), Unfunded | Social enterprise focusing on holistic development through sports and physical activity | - | - | 29/100 |
9th | Devils Circuit 2012, Gurugram (India), Seed | Chains providing obstacle course racing events for participants and athletes | $2.01M | 28/100 | |
10th |  SportsNext India 2019, Mumbai (India), Unfunded | Sports events management and media company | - | - | 28/100 |
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Devils Circuit's Latest cap tables and shareholding
Founders (largest shareholder) own 47.81%, Enterprises own 15.30% and Angels own 36.88%. The net worth of Devils Circuit's founders is INR 9.09Cr as of Jun 19, 2016.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 47.81% | 9.09Cr | 4951495 | 1515954 | 3531434 | 4916947 |
1382814 | 5026837 | 7933274 | 4544324 | 8453351 | 6799245 | |
Enterprise | 15.30% | 2.91Cr | 9267894 | 8354763 | 6055277 | 6702819 |
Angel | 36.88% | 7.01Cr | 4902987 | 9471058 | 1193240 | 6031206 |
20734 | 35707 | 99366 | 95880 | 10449 | 71457 | |
Total | 99.99% | 19Cr | 7182177 | 3196613 | 5776116 | 5151917 |
To unlock detailed Cap Table of Devils Circuit Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Devils Circuit's Shareholding
Devils Circuit's Investments and acquisitions
Devils Circuit has made no investments or acquisitions yet.
Reports related to Devils Circuit
Here is the latest report on Devils Circuit's geography:
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Bharti Airtel acquires 10% stake in fitness start-up Spectacom GlobalBusiness Standard•Mar 12, 2020•Airtel, Devils Circuit
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Airtel acquires strategic stake in Spectacom from Devils CircuitAsian News International•Mar 12, 2020•Airtel, Devils Circuit
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