Trago - About the company
Trago is a seed company based in Gurugram (India), founded in 2021 by Shubham Parakh and Chandra Prakash Rathi. It operates as an Online platform to bet and trade on event outcomes. Trago has raised $487K in funding from Better Capital, with a current valuation of ₹*****. The company has 25 active competitors, including 12 that are funded. Its top competitors include companies like Kalshi, Polymarket and Probo.
Company Details
Online platform to bet and trade on event outcomes. The platform allows users to select an event and bet on it. The users can trade on trending events from sports, politics, entertainment, and current affairs.
- Website
- trago.in
- Email ID
- *****@trago.in
- Registered Address
- 944, BLOCK C, SUSHANT LOK PHASE 1, Gurgaon, GURUGRAM, Haryana, India, 122001
Key Metrics
Founded Year
2021
Location
Gurugram, India
Stage
Seed
Total Funding
$487K in 1 round
Latest Funding Round
Post Money Valuation
₹***** as on Jun 22, 2022
Investors
Ranked
10th among 25 active competitors
Annual Revenue
₹3.96L as on Mar 31, 2025
Legal entities associated with Trago
Trago is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LOGICX MEDIA TECH PRIVATE LIMITED CIN: U72502HR2021PTC100046 , India, Active | Dec 21, 2021 | $4.69K (As on Mar 31, 2025) | - |
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Trago's funding and investors
Trago has raised a total funding of $487K over 1 round. Its latest funding round was a Seed round on Jun 22, 2022 for $*****. 12 investors participated in its latest round. Trago has 4 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Trago:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 22, 2022 | 7946889 | Seed | 3929634 | 1428810 | 4514482 | 3907639 |
Access funding benchmarks and valuations. Sign up today!View details of Trago's funding rounds and investors
Trago's founders and board of directors
Founder? Claim ProfileThe founders of Trago are Shubham Parakh and Chandra Prakash Rathi.
Here are the details of Trago's key team members:
- Shubham Parakh: Co-Founder of Trago. They are also an angel investor in 1 startup.
- Chandra Prakash Rathi: Former Co-Founder of Trago. Contact Info: 2 email addresses
View details of Trago's Founder profiles and Board Members
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Trago's Competitors and alternates
Top competitors of Trago include Kalshi, Polymarket and Probo. Here is the list of Top 10 competitors of Trago, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Kalshi 2019, New York City (United States), Series E | Online platform offering event outcome-based betting services | $1.59B | 66/100 | |
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 | Fantasy gaming application offering real-money rewards | $3.5M | 48/100 | ||
5th | Online trading platform for social events | $1.5M | 47/100 | ||
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 |  Manifold Markets 2021, Austin (United States), Funding Raised | Online platform to place bets on event outcomes | - | 36/100 | |
8th |  BettorFantasy 2021, Stewartsville (United States), Seed | Developer of a platform to bet on fantasy sports matchups | - | 36/100 | |
9th |  Wetark Technologies 2021, Mumbai (India), Seed | Online platform to trade in event outcomes for individuals | $93K | 35/100 | |
10th | Online platform to bet and trade on event outcomes | $487K | 31/100 |
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Trago's Latest cap tables and shareholding
Founders (largest shareholder) own 36.33%, Funds own 11.02%, Enterprises own 0.23% and Angels own 3.95%. The net worth of Trago's founders is INR 9.25Cr as of Jun 22, 2022.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 36.33% | 9.25Cr | 2341369 | 2913943 | 8868728 | 2067950 |
5166597 | 8884803 | 6534233 | 2604240 | 3751251 | 9485034 | |
Fund | 11.02% | 2.8Cr | 1256115 | 6766997 | 9414888 | 3490760 |
9201 | 2631 | 2284 | 6910 | 4705 | 3953 | |
Enterprise | 0.23% | 5.77L | 0 | 0 | 0 | 0 |
Angel | 3.95% | 1Cr | 384 | 982 | 211 | 773 |
Other People | 36.48% | 9.28Cr | 5296347 | 2656809 | 4107742 | 1573097 |
ESOP Pool | 12.01% | 3.06Cr | 2818070 | 1445466 | 4286108 | 6871476 |
Total | 100.00% | 25.5Cr | 9847753 | 8879525 | 5520318 | 4286437 |
To unlock detailed Cap Table of Trago Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Trago's Shareholding
Trago's Investments and acquisitions
Trago has made no investments or acquisitions yet.
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