E-Reasoning - About the company
E-Reasoning is a seed company based in Hyderabad (India), founded in 2019 by Nitin Padmawar and Abhay Deshpande. It operates as an Online news portal focused on gambling. E-Reasoning has raised $873K in funding, with a current valuation of $*****. The company has 463 active competitors, including 2 funded and 6 that have exited. Its top competitors include companies like PokerNews, Black Lotus Casino and Aquaknox.
Company Details
E-Reasoning is an online news portal focused on gambling. It offers news and information related to gambling news, deposit & withdrawal limits info, gambler education, events, online casinos, and more. Users can search for content through keywords. Monetizes through display advertisements.
- Website
- ereasoning.com
- Registered Address
- 2nd Floor along with servent quarter, bearing Plot No. 64 ,Street No. -1,Sagar Society, Road no.2 ,Banjara Hills,Hyderabad .T.S-500034, Banjara Hills, Hyderabad, Khairatabad, Telangana, India, 500034
Key Metrics
Founded Year
2019
Location
Hyderabad, India
Stage
Seed
Total Funding
$873K in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 07, 2022
Investors
Ranked
2nd among 463 active competitors
Employee Count
5 as on Mar 31, 2017
Legal entities associated with E-Reasoning
E-Reasoning is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ZONO TRADETECH PRIVATE LIMITED CIN: U72900TG2019PTC132230 , India, Active | Apr 23, 2019 | 0 - ₹10 Cr (As on Mar 31, 2025) | 20 (As on Jun 01, 2025) | |
REASONING GLOBAL EAPPLICATIONS PRIVATE LIMITED CIN: U72200TG2007PTC053989 , India, Active | May 14, 2007 | 0 - ₹10 Cr (As on Mar 31, 2025) | 1 (As on May 31, 2017) |
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E-Reasoning's funding and investors
E-Reasoning has raised a total funding of $873K over 4 rounds. Its first funding round was on Aug 20, 2019. Its latest funding round was a Angel round on Apr 07, 2022 for $*****. 4 investors participated in its latest round. E-Reasoning has 3 institutional investors and 16 angel investors.
Here is the list of recent funding rounds of E-Reasoning:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 07, 2022 | 2790726 | Angel | 5616203 | 8332973 | 3131472 | 4638245 |
Mar 11, 2021 | 5106055 | Angel | 1263078 | 9132839 | 2139514 | |
Oct 11, 2020 | 7544688 | Angel | 1557145 | 4921004 |
View details of E-Reasoning's funding rounds and investors
E-Reasoning's founders and board of directors
Founder? Claim ProfileThe founders of E-Reasoning are Nitin Padmawar and Abhay Deshpande. Aneesh Reddy Boddu is the CEO of E-Reasoning.
Here are the details of E-Reasoning's key team members:
- Nitin Padmawar: Co-Founder & CTO of E-Reasoning and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.Contact Info: 1 email address
- Abhay Deshpande: Former Co-Founder & CEO of E-Reasoning. They are also an angel investor in 4 startups.Contact Info: 1 phone number
- Aneesh Reddy Boddu: Founder & MD of E-Reasoning. They are also an angel investor in 24 startups and serve on the board of 1 company.
View details of E-Reasoning's Founder profiles and Board Members
E-Reasoning's employee count trend
E-Reasoning has 5 employees as of Mar 17. Here is E-Reasoning's employee count trend over the years:
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E-Reasoning's Competitors and alternates
Top competitors of E-Reasoning include PokerNews, Black Lotus Casino and Aquaknox. Here is the list of Top 10 competitors of E-Reasoning, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PokerNews 2002, Douglas (United Kingdom), Unfunded | Online platform offering poker news | - | - | 41/100 |
2nd | ![]() E-Reasoning 2019, Hyderabad (India), Seed | Online news portal focused on gambling | $873K | 34/100 | |
3rd | Black Lotus Casino 2012, Auckland (New Zealand), Unfunded | Platform where players can access various casino games like slots,table games,video poker etc | - | - | 32/100 |
4th | Aquaknox 2003, Las Vegas (United States), Acquired | Online platform offering gaming news | - | - | 30/100 |
5th | Innovate Technologies 2025, Chennai (India), Funding Raised | Operator of an online platform for a three-card game of chance | - | - | 28/100 |
6th | Crispy Gamer 2007, New York City (United States), Series A | Your trusted guide to online casinos, reviews, bonuses, and more | $8.25M | 27/100 | |
7th | SequoiaVote.com 1990, Oakland (United States), Acquired | Online platform offering reviews on multi-category gambling games | - | - | 26/100 |
8th | Gutshot Magazine 2011, Mumbai (India), Unfunded | Official site of multiple topics magazines | - | - | 26/100 |
9th | CasinoVendors 1999, Newton (United States), Unfunded | Online platform offering gambling-related news | - | - | 25/100 |
10th | St. James Theatre 2010, London (United Kingdom), Public | Operator of online platforms listing casino gaming sites for UK players | - | - | 24/100 |
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E-Reasoning's Investments and acquisitions
E-Reasoning has made no investments or acquisitions yet.
Reports related to E-Reasoning
Here is the latest report on E-Reasoning's geography:
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