Volano Entertainment Pvt Ltd, that operates GamesOn India – a sports discussion portal and a sports events management company, has raised funding from angel investor Shiven Malhotra in an angel round, reports Techcircle.
The financial details of the deal have not been disclosed. The funding raised will be used for scaling up the team and expanding operations pan-India. The website lists Shiven Malhotra as Director of GamesOn India. He runs Strategic Investments by Design (SID), an investment management firm based in San Francisco Bay Area. The report also states that GamesOn India is looking for a second round of funding.
GamesOn India was founded in late Decomber 2011 by Adnan Adeeb (MD) and his wife Zeba Zaidi Adeeb (CEO). GamesOn India organizes matches and takes care of the equipment, refreshments, referees, stadiums, and uniforms.
What the site offers: Users can register as an individual or as a team. Registration process is simple — users can enter their email address and password or register via Facebook connect. Professionals or individuals can register on their site for free, however, users have to pay entry fee for registration of a match.
For a game of cricket, if one registers as an individual s/he has to pay Rs. 2,200 or if one registers as a corporate team, one has to pay Rs. 17,600. Currently, GamesOn India offers organizes games such as cricket, football, badminton, basketball, tennis, running, dualthon, Hockey, and Touch Football/Rugby.
Apart from organizing games, GamesOn India’s website also intends to provide a discussion forum on sports. At the time of writing this post, the discussion forum was not available. On its website, individuals can also look for teammates to play with. GamesOn India also provides reward points, fitness points as they call it, for registered users once they play a match – 300 points for a single match and another 125 points if they win the match. Users can later redeem the points for tickets to international matches, massages, movie tickets, among others.
Our Take: While there are many online event organizing companies that organize such corporate events, GamesOn India makes the entire process simple, and keeps it online. Of course, for an individual there are Facebook and other groups, organizing sports events as well, however, participants have to take care of all the equipment, etc. If one just wants to go out and play without suffering the hassles of organizing the sport themselves GamesOn India could be a good option, though a costly one.