Fancode’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Sporta Technologies Private Limited | CIN: U72900MH2007PTC171875
FanCode, co-founded by Prasana Krishnan and Yannick Colaco, is a leading Indian sports-focused digital platform launched in 2019. Offering live streaming, match highlights, fantasy insights, and official merchandise, FanCode caters to millions of sports fans across India. As part of Dream Sports, the company benefits from strong backing and strategic integration, fueling its rapid growth and user engagement. FanCode emphasizes innovation in content delivery and personalized experiences, positioning itself as a comprehensive sports destination. By continuously expanding content partnerships and investing in technology, FanCode is redefining how Indian fans consume sports digitally.
| Founded | 2019 |
|---|---|
| Headquarters | Mumbai, India |
| Valuation | Undisclosed |
| Annual Revenue (FY23 est.) | ~$15 million |
| Net Profit (FY23 est.) | Negative (growth stage) |
| Employees | ~300 |
| Round | Year | Amount | Valuation | Investors |
|---|---|---|---|---|
| Series A | 2021 | $50M | Undisclosed | Dream Sports |
FanCode's revenue has grown steadily from around $5 million in FY21 to an estimated $15 million in FY23, reflecting increasing popularity and partnerships. Despite strong top-line growth, the company continues to invest heavily in content rights and technology, leading to net losses as it prioritizes long-term market capture and user base expansion.
As FanCode scales its content offerings and user base, operating expenses remain high, impacting margins negatively. The focus remains on growth rather than immediate profitability. Future improvements are expected as monetization strategies mature and cost optimizations take effect.
FanCode's team has grown from around 100 employees in FY21 to over 300 in FY23, supporting expanded operations, tech development, and content management. The rapid talent addition highlights its aggressive expansion and commitment to building a robust digital sports ecosystem.
• Strengthen live sports rights portfolio.
• Expand merchandising and sports goods categories.
• Enhance personalized user experiences and analytics.
• Explore regional and global expansion opportunities.
• Potential future IPO or strategic funding rounds.
FanCode continues to sign new streaming partnerships and merchandise collaborations, reinforcing its leadership in digital sports engagement. Recent content deals and growing user base position it as a major force in India's sports streaming space.
| Metric | Detail |
|---|---|
| Revenue Growth | Strong upward trend |
| Profitability | Still negative due to investments |
| Employee Strength | Significant team expansion |
| Market Position | Leader in sports streaming niche |
FanCode stands out as a fast-growing sports digital platform, uniquely combining content, commerce, and community to engage millions of fans. With strong backing, innovative features, and an expanding team, it is poised to shape the future of sports consumption in India. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Sources: Company websites, media reports, and publicly available funding data.