Game Theory
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Game Theory - overview
Established
2019
Location
Bengaluru, Karnataka, India
Primary Industry
Travel & Leisure
About
Based in Karnataka, India, and founded in 2019 by co-founders Sukrut Geji, Gaurav Chhabra, and Sudeep Kulkarni, Oodadu Technology Private Limited, doing business as Game Theory offers sports facilities that provide coaching programs. In October 2023, Game Theory raised USD 2 million in pre-series A funding from investors Rainmatter, WEH Ventures, and Prequate The company's flagship product is its Smart Courts for badminton, swimming, and squash, which provide a unique and immersive experience for sports enthusiasts. These courts not only track scores but also offer real-time statistics, heatmaps, and even help in matchmaking players of similar skill levels, similar to the popular gaming concept seen in titles like PUBG. The company generates revenue through its monthly plans, which cost INR 3,499 per month for Ignite, INR 4,999 per month for Propel, and INR 3,999 per month for Commit.
The company plans to use the October 2023 funding to expand development within the company.
Current Investors
Techstars , Rainmatter, WEH Ventures
Primary Industry
Travel & Leisure
Sub Industries
Recreational Hobbies & Sporting Goods, Recreational & Entertainment Facilities, Professional Sports/eSports, Analytics & Performance Software
Website
www.gametheory.in
Verticals
Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Game Theory - financials
| Fiscal Year Ended | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | - | 16,908,375 | 3,728,850 | - | - | - |
| % Revenue Growth (YoY) | - | - | (77.9%) | - | - | - |
| EBITDA (USD) | (985,144) | (5,340,198) | (7,652,618) | - | - | - |
| Operating Income (USD) | (985,144) | (12,301,711) | (14,046,929) | - | - | - |
| Operating Margin | - | (72.8%) | (376.7%) | - | - | - |
| % EBITDA Margin | - | (31.6%) | (205.2%) | - | - | - |
| NET Income (USD) | (719,158) | (12,518,546) | (14,333,609) | - | - | - |
| % Net Margin | - | (74.0%) | (384.4%) | - | - | - |
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