When was FanPlay IoT founded?

FanPlay IoT was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is FanPlay IoT located?

FanPlay IoT is headquartered in Bengaluru, India. It is registered at 1182, 18th B MAIN 5TH BLOCK NEAR DHOBI GHAT RAJAJINAGAR, Bangalore, BENGALURU, Karnataka, India, 560010.

Who is the current CEO of FanPlay IoT?

Mohan Kumar R of FanPlay IoT. They have also founded 1 company.

Which legal entities is FanPlay IoT associated with?

FanPlay IoT is associated with FANPLAY IOT TECHNOLOGIES PRIVATE LIMITED.

How many employees does FanPlay IoT have?

As of Aug 31, 2026, the latest employee count at FanPlay IoT is 15.

Is FanPlay IoT a funded company?

FanPlay IoT is a funded company, having raised a total of $923K across 5 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Feb 26, 2021.

How much is FanPlay IoT worth?

The latest valuation of FanPlay IoT is $***** as of Jul 26, 2024. This marks a decline of 24% from its peak valuation of $9.45M in Feb, 2021. This marks a decline of 24% from its peak valuation of $9.45M in Feb, 2021.

When was the latest funding round of FanPlay IoT?

FanPlay IoT's latest funding was a $***** Angel round on Jul 26, 2024, with participation from 0 investor. Its primary sector is Wearable Technology. In India, the Wearable Technology sector has seen $190M in funding in 2026 to date.

What is the annual revenue of FanPlay IoT?

Annual revenue of FanPlay IoT is less than ₹10 Cr as on Mar 31, 2025

Where does FanPlay IoT rank among its competitors?

FanPlay IoT ranks 64th amongst 722 active competitors, of which 109 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Whoop, which secured $575M in Mar, 2026.

Who are the top competitors of FanPlay IoT?

FanPlay IoT's top competitors include Withings, Whoop and Fitbit. Among them, Whoop secured the most recent funding round in March, 2026.

FanPlay IoT - 2026 Company Profile, Team, Funding, Competitors & Financials

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.

Website: fanplayiot.com
Social
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

Angel, Jul 26, 2024, $*****

Post Money Valuation

$***** as on Jul 26, 2024

Investors

Indian Institute of Science & 36 more

Ranked

64^th among 722 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

15 as on Aug 31, 2026

Similar Companies

Withings & 1055 more

View FanPlay IoT's full profile

FanPlay IoT is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FANPLAY IOT TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2020PTC137550 , India, Active	Aug 22, 2020	0 - ₹10 Cr (As on Mar 31, 2025)	-

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 26, 2024	3563464	Angel	5498770	5903009	8717036	2975598
Mar 29, 2024	9361248	Angel	1864086	4173972	5112328	3072995
May 16, 2023	1004345	Seed	3645555	1737843	Indian Institute of Science	4085979

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View details of FanPlay IoT's funding rounds and investors

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:

Mohan Kumar R: Co-Founder & CEO of FanPlay IoT. They serve on the board of 1 company.
Contact Info: 1 email address

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
Mohan Kumar R	Team	-	Current	6y 1m
Vinay Jagtap	Team	-	Current	3y 5m
Uma Krishnaswamy	Independent board member	-	Current	6y 1m

View details of FanPlay IoT's Founder profiles and Board Members

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:

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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	Withings 2008, Moulineaux (France), Acquired	Developer of an array of connected products	$93.8M	Bpifrance, Gilde Healthcare & 8 others	82/100
2nd	Whoop 2012, Boston (United States), Series G	Provider of wearable trackers to monitor fitness data	$979M	SoftBank Vision Fund, Collab Fund & 68 others	79/100
3rd	Fitbit 2007, San Francisco (United States), Acquired	Internet-first brand offering smartwatches and fitness trackers	$65.1M	Felicis Ventures, SoftBank Capital & 18 others	79/100
4th	Zepp Labs 2011, San Jose (United States), Acquired	Developer of wearable devices and digital health management platform solutions	$20M	Notable Capital, Connor, Clark & Lunn Financial Group ... & 14 others	75/100
5th	AliveCor 2010, Mountain View (United States), Series F	Developer of remote cardiac monitoring solutions and related analysis software	$114M	Mayo Clinic Business Accelerator, Khosla Ventures ... & 17 others	74/100
6th	Shot Scope 2014, Edinburgh (United Kingdom), Series B	Provider of wearable devices for golf performance tracking	$23.3M	Guinness Global Investors, Virgin Money & 34 others	67/100
7th	Garmin International 1989, Olathe (United States), Public	Provider of smartwatches, wearable technology, marine equipment, and aviation products	-	Europa	65/100
8th	Misfit Wearables 2011, Burlingame (United States), Acquired	Provider of wearable devices	$63M	Notable Capital, Founders Fund & 13 others	61/100
9th	STATSports 2008, Newry (United Kingdom), Acquired	Players performance tracking solution	-	Tech Nation	60/100
10th	Gamepl 2017, London (United Kingdom), Acquired	Provider of AI-driven sports analytics for live betting market solutions	$4.17M	Techstars, Jointassets & 7 others	60/100
64th	FanPlay IoT 2020, Bengaluru (India), Seed	Provider of smart wearables for sports industry	$923K	Foundation for Science Innovation and Development, Ceramet Consultants ... & 35 others	42/100

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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.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	71.10%	43Cr	6252629	3506414	2785664	6182096
Mohan Kumar R	8166735	8909030	6164917	8593764	1220318	4301229
Fund	0.51%	30.6L	0	0	0	0
Indian Institute of Science	0	0	0	0	0	0
Enterprise	1.04%	63.1L	6	3	7	2
Angel	12.02%	7.28Cr	2119790	5976330	7890158	6038627
Chetana Arakankere	7	2	6	5	8	5
Gunavanth Kumar	0	0	0	0	0	0
M Shikar	0	0	0	0	0	0
Other People	7.90%	4.78Cr	1930548	7441155	3993099	2208328
Other Investors	7.41%	4.48Cr	8975409	4513691	6451604	3684004
Total	99.98%	60.5Cr	6045288	7819500	1366126	9203108