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
- 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
Investors
Ranked
3rd among 36 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
73 as on Aug 31, 2025
Legal entities associated with Probo
Probo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PROBO MEDIA TECHNOLOGIES PRIVATE LIMITED CIN: U72900HR2019PTC082970 , India, Active | Oct 09, 2019 | $50M - $100M (As on Mar 31, 2025) | 73 (As on Aug 01, 2025) |
Sign up to download Probo's company profile
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:
Filter 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 |
View details of Probo's funding rounds and investors
Probo's founders and board of directors
Founder? Claim ProfileThe 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:
- Sachin Subhashchandra Gupta: Co-Founder & CEO of Probo. They serve on the board of 1 company.Contact Info: 1 email address
- Ashish Garg: Co-Founder & CTO of Probo. They serve on the board of 1 company.Contact Info: 1 email address
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 |
View details of Probo's Founder profiles and Board Members
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:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Kalshi 2019, New York City (United States), Series F | Online platform offering event outcome-based betting services | $2.8B | 67/100 | |
2nd | Polymarket 2020, New York City (United States), Series D | Online platform providing crypto-based betting games and activities | $2.3B | 66/100 | |
3rd | Provider of an online platform for skill-based gaming activities and reward | $28.5M | 65/100 | ||
4th | Online trading platform for social events | $1.5M | 50/100 | ||
5th | Fantasy gaming application offering real-money rewards | $3.5M | 48/100 | ||
6th | Versus Game 2016, San Francisco (United States), Series A | Provider of an AI engine for interactive audience engagement solutions | $54.7M | 45/100 | |
7th | Worm 2021, San Francisco (United States), Seed | Platform providing predictions on future events across diverse subject matters | $4.5M | 38/100 | |
8th | Manifold Markets 2021, Austin (United States), Funding Raised | Online platform to place bets on event outcomes | - | 37/100 | |
9th | Wetark Technologies 2021, Mumbai (India), Seed | Online platform to trade in event outcomes for individuals | $93K | 35/100 | |
10th | Polkamarkets 2021, Tallinn (Estonia), Funding Raised | Web3‑based decentralized prediction‑market platform | - | 33/100 |
Looking for more details on Probo's competitors? Click here to see the top ones
Probo's Investments and acquisitions
Probo has made no investments or acquisitions yet.
News related to Probo
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.
•
•
Probo Layoffs: Gaming Platform Shuts RMG Business Amid Online Gaming Bill 2025Latestly•Aug 22, 2025•Probo
•
ED Cracks Down on Gurugram Startup Probo in ₹284.5 Crore Betting Probe
IndianWeb2•Jul 12, 2025•Probo
•
•
Probo says it is cooperating with law enforcement authorities after ED raidsMoneycontrol•Jul 10, 2025•Probo
•
Marketing Probo appoints Spardha Pandey as Head of PR and CommunicationsBestMediaInfo•Jun 09, 2025•Probo
•
SC rejects Probo's relief, directs to approach Punjab & Haryana HC over account freezeCNBC-TV18•Jun 02, 2025•Probo
•
•
•
Are you a Founder ?
FAQs about Probo
Explore our recently published companies
- Aecoplan - United Kingdom based, Unfunded company
- Wheelerdevgroup - Unfunded company
- Imprint - Unfunded company
- Combat Ready - Unfunded company
- Top Shots - Unfunded company
- Femled - 2026 founded, Unfunded company