Daily Fantasy Sports Platform HalaPlay Raises $5.8 Mn from Nazara and Delta Corp
19 March 2019 12:47 AM GMT
Bangalore-based HalaPlay Technologies, a Daily Fantasy Sports (DFS) platform, has raised ? 40 crore (~US$5.79 million) in a Series-A round of funding from its existing investor Nazara Technologies, a Mumbai-based mobile gaming startup, and India-listed casino gaming company�Delta Corp. Backed by Kae Capital as a
- Bangalore-based HalaPlay Technologies, a Daily Fantasy Sports (DFS) platform, has raised ₹ 40 crore (~US$5.79 million) in a Series-A round of funding from its existing investor Nazara Technologies, a Mumbai-based mobile gaming startup, and India-listed casino gaming company Delta Corp.
- Founded in January 2017 by Swapnil Saurav, Prateek Anand, Ananya Singhal and Aman Kesari, HalaPlay offers the shortest and quickest version of fantasy sports where users can create a team, enter leagues and win cash prizes at the end of every game.
- For Nazara Technologies, which has been investing in segments such as real money gaming and premium esports, HalaPlay is its only investment in fantasy gaming.
- Earlier this year, Kerala Startup Mission, the nodal agency of the Kerala state government for technical entrepreneurship, has partnered with Unity Technologies , a US-based game development company, to launch a Centre of Excellence (CoE) for AR/VR and gaming, in order to help the startup culture boom in the gaming and AR/VR sectors.
Next Story
