Sunday, July 14

Tag: fantasy game

Fantasy Akhada raises funding from Harsha Bhogle

Fantasy Akhada raises funding from Harsha Bhogle

Cricket commentator Harsha Bhogle has invested an undisclosed amount in gaming startup Fantasy Akhada, and will be the brand’s face for the next two years, the company said on Friday. Fantasy Akhada founder Amit Purohit said that onboarding of Bhogle as an investor will boost subscribers’ confidence towards the platform, while the startup will continue building technology to serve the gamers on the platform. “I have realized that during a cricket match, everyone wants to join the game. While limited people can play on the ground, several fans engage in the game online through various sorts of games. There fantasy gaming is growing and it is good to invest in something which is growing,” Bhogle told PTI. The company did not disclose the investment details. “Besides the growth... raises $4mn in Series A funding
FUNDING raises $4mn in Series A funding

Online fantasy gaming platform has raised USD 4 million (nearly Rs 30 crore) in series A round. The funds were raised from two private equity funds based out of Singapore and Delhi, the company said in a statement. The funds will be utilised to expand its business to newer markets and enhance gaming experience for users, which stands at around 3 million at present, it added. "Online gaming industry in India is growing marvellously and is poised to grow even faster. The potential is huge and the funds will certainly pave way for newer innovations and catalyse our upward journey at BalleBaazi," CEO Saurabh Chopra said. It also plans to introduce more games under the umbrella of fantasy gaming, thus engaging with audience across different genres of s...