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FanPlay IoT - About the company

FanPlay IoT is a seed company based in Bengaluru (India), founded in 2020 by Mohan Kumar R. It operates as a Provider of smart wearables for sports industry. FanPlay IoT has raised $923K in funding from Indian Institute of Science and Ceramet Consultants, with a current valuation of $*****. The company has 722 active competitors, including 109 funded and 36 that have exited. Its top competitors include companies like Withings, Whoop and Fitbit.

Company Details

Provider of smart wearables for the sports industry. Its smart bands are mainly used by the athletes and fans for tracking their finesses and performance.
Social
XFacebook
Email ID
*****@fanplayiot.com, *****@fanplayiot.com
Phone Number
+91 **********
Registered Address
1182, 18th B MAIN 5TH BLOCK NEAR DHOBI GHAT RAJAJINAGAR, Bangalore, BENGALURU, Karnataka, India, 560010
Key Metrics
Founded Year
2020
Location
Bengaluru, India
Stage
Seed
Total Funding
$923K in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jul 26, 2024
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
15 as on Aug 31, 2026
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FanPlay IoT's funding and investors

FanPlay IoT has raised a total funding of $923K over 5 rounds. Its first funding round was on Feb 26, 2021. FanPlay IoT has 6 institutional investors and 31 angel investors.

Here is the list of recent funding rounds of FanPlay IoT:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 26, 2024
2179868
Angel
7534863
5570205
5948199
3831780
Mar 29, 2024
6866776
Angel
3741986
2556260
2517254
2263033
May 16, 2023
6124936
Seed
1073495
5950460
5809244
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FanPlay IoT's founders and board of directors

Founder? Claim Profile
The founders of FanPlay IoT is Mohan Kumar R. Mohan Kumar R is the CEO of FanPlay IoT.
Here are the details of FanPlay IoT's key team members:

FanPlay IoT's Board of Directors

FanPlay IoT's board has 3 active members. Mohan Kumar R and Vinay Jagtap are part of team and Uma Krishnaswamy is independent board member.
Here is the list of FanPlay IoT's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 1m
Team
-
Current
3y 5m
Independent board member
-
Current
6y 1m

FanPlay IoT's employee count trend

FanPlay IoT has 15 employees as of Aug 26. Here is FanPlay IoT's employee count trend over the years:
Employee count trend for FanPlay IoT
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FanPlay IoT's Competitors and alternates

Top competitors of FanPlay IoT include Withings, Whoop and Fitbit. Here is the list of Top 10 competitors of FanPlay IoT, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Withings
Withings
2008, Moulineaux (France), Acquired
Developer of an array of connected products
$93.8M
82/100
2nd
Logo for Whoop
Whoop
2012, Boston (United States), Series G
Provider of wearable trackers to monitor fitness data
$979M
79/100
3rd
Logo for Fitbit
Fitbit
2007, San Francisco (United States), Acquired
Internet-first brand offering smartwatches and fitness trackers
$65.1M
79/100
4th
Logo for Zepp Labs
Zepp Labs
2011, San Jose (United States), Acquired
Developer of wearable devices and digital health management platform solutions
$20M
75/100
5th
Logo for AliveCor
AliveCor
2010, Mountain View (United States), Series F
Developer of remote cardiac monitoring solutions and related analysis software
$114M
74/100
6th
Logo for Shot Scope
Shot Scope
2014, Edinburgh (United Kingdom), Series B
Provider of wearable devices for golf performance tracking
$23.3M
67/100
7th
Logo for Garmin International
Garmin International
1989, Olathe (United States), Public
Provider of smartwatches, wearable technology, marine equipment, and aviation products
-
65/100
8th
Logo for Misfit Wearables
Misfit Wearables
2011, Burlingame (United States), Acquired
Provider of wearable devices
$63M
61/100
9th
Logo for STATSports
STATSports
2008, Newry (United Kingdom), Acquired
Players performance tracking solution
-
60/100
10th
Logo for Gamepl
Gamepl
2017, London (United Kingdom), Acquired
Provider of AI-driven sports analytics for live betting market solutions
$4.17M
60/100
64th
Logo for FanPlay IoT
FanPlay IoT
2020, Bengaluru (India), Seed
Provider of smart wearables for sports industry
$923K
42/100
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FanPlay IoT's Latest cap tables and shareholding

Founders (largest shareholder) own 71.10%, Funds own 0.51%, Enterprises own 1.04% and Angels own 12.02%. The net worth of FanPlay IoT's founders is INR 43Cr as of Jul 26, 2024. The cap table displayed below is for FANPLAY IOT TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with FanPlay IoT.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
71.10%
43Cr
8708899
1254919
1108060
5766734
1747439
6789626
5241787
3040740
1817365
5242084
Fund
0.51%
30.6L
0
0
0
0
0
0
0
0
0
0
Enterprise
1.04%
63.1L
1
5
3
3
Angel
12.02%
7.28Cr
5312355
2620050
9839022
7118745
4
5
3
8
4
5
0
0
0
0
0
0
0
0
0
0
0
0
Other People
7.90%
4.78Cr
2534694
6352871
8032295
4921224
Other Investors
7.41%
4.48Cr
1014870
6245304
3908021
8672969
Total
99.98%
60.5Cr
6988243
6441056
1928108
1458243
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

FanPlay IoT's Investments and acquisitions

FanPlay IoT has made no investments or acquisitions yet.

Reports related to FanPlay IoT

Here is the latest report on FanPlay IoT's sector:

News related to FanPlay IoT

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