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Probo - About the company

Probo is a series A company based in Gurugram (India), founded in 2019 by Sachin Subhashchandra Gupta and Ashish Garg. It operates as a Provider of an online platform for skill-based gaming activities and reward. Probo has raised $28.5M in funding from Sequoia Capital and Elevation Capital, with a current valuation of *****. The company has 36 active competitors, including 13 funded and 1 that has exited. Its top competitors include companies like Kalshi, Polymarket and TradeX.

Company Details

Provider of an online platform for skill-based gaming activities and reward. It is a platform offering a skill-based gaming and opinion-trading experience, allowing users to predict outcomes of future events and compete with others. It facilitates a space where users can engage in competitive gaming activities. The company partners with other technology and data analytics firms to enhance its platform and services.
Website
probo.in
Social
X
Email ID
*****@probo.in
Registered Address
Room No TR-100 and TR-116, 2nd Floor, AltF MPD Tower, DLF City, Phase-V, Sector 43, Golf Course Road, DLF QE, Gurgaon, Dlf Qe, Haryana, India, 122002
Key Metrics
Founded Year
2019
Location
Gurugram, India
Stage
Series A
Total Funding
$28.5M in 4 rounds
Latest Funding Round
Post Money Valuation
***** as on Dec 07, 2022
Ranked
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
73 as on Aug 31, 2025
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Probo's funding and investors

Probo has raised a total funding of $28.5M over 4 rounds. Its first funding round was on May 21, 2021. Its latest funding round was a Series A round on Dec 07, 2022 for $*****. 2 investors participated in its latest round. Probo has 13 institutional investors and 26 angel investors.

Here is the list of recent funding rounds of Probo:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 07, 2022
8627285
Series A
5185091
8889859
2219955
6966186
Mar 05, 2022
4579378
Series A
3411434
6791245
9472572
Jan 06, 2022
5686393
Series A
5719825
3039598
3234743
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Probo's founders and board of directors

Founder? Claim Profile
The founders of Probo are Sachin Subhashchandra Gupta and Ashish Garg. Sachin Subhashchandra Gupta is the CEO of Probo.
Here are the details of Probo's key team members:

Probo's Board of Directors

Probo's board has 4 active members. Sachin Subhashchandra Gupta, Ashish Garg, Maх Klein and Felix Meusel are part of team.
Here is the list of Probo's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 7m
Team
-
Current
6y 7m
qjilqot
Team
-
Past
5y 2m
hodyitc
Team
-
Past
3y 3m

Probo's employee count trend

Probo has 73 employees as of Aug 25. The total employee count is 4.0% lower than what it was in Aug 24. Here is Probo's employee count trend over the years:
Employee count trend for Probo
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Probo's Competitors and alternates

Top competitors of Probo include Kalshi, Polymarket and TradeX. Here is the list of Top 10 competitors of Probo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Kalshi
Kalshi
2019, New York City (United States), Series F
Online platform offering event outcome-based betting services
$2.8B
67/100
2nd
Logo for Polymarket
Polymarket
2020, New York City (United States), Series D
Online platform providing crypto-based betting games and activities
$2.3B
66/100
3rd
Logo for Probo
Probo
2019, Gurugram (India), Series A
Provider of an online platform for skill-based gaming activities and reward
$28.5M
65/100
4th
Logo for TradeX
TradeX
2021, Delhi (India), Seed
Online trading platform for social events
$1.5M
50/100
5th
Logo for Tube 11
Tube 11
2022, Gurugram (India), Seed
Fantasy gaming application offering real-money rewards
$3.5M
48/100
6th
Logo for Versus Game
Versus Game
2016, San Francisco (United States), Series A
Provider of an AI engine for interactive audience engagement solutions
$54.7M
45/100
7th
Logo for Worm
Worm
2021, San Francisco (United States), Seed
Platform providing predictions on future events across diverse subject matters
$4.5M
38/100
8th
Logo for Manifold Markets
Manifold Markets
2021, Austin (United States), Funding Raised
Online platform to place bets on event outcomes
-
37/100
9th
Logo for Wetark Technologies
Wetark Technologies
2021, Mumbai (India), Seed
Online platform to trade in event outcomes for individuals
$93K
35/100
10th
Logo for Polkamarkets
Polkamarkets
2021, Tallinn (Estonia), Funding Raised
Web3‑based decentralized prediction‑market platform
-
33/100
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Probo's Investments and acquisitions

Probo has made no investments or acquisitions yet.

News related to Probo

lockFilter this list
Media has covered Probo for a total of 8 events in the last 1 year, 2 of them have been about company updates and 2 about people movement.
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