BalleBaazi raises $4 million in Series A funding

Online fantasy gaming website BalleBaazi that it has raised US$4 million from two private equi🤪ty funds, Delhi-based Snap❀ Angel Tech and an unidentified Singapore-based fund.

The company s💝aid that the funds will be used to scale up the business and increase the customer base.

BalleBaazi, the fantasy sports brand that is part of the Baazi Games umbrella (which includes poker website PokerBaazi and online rummy portal RummyBaazi) has for the first time raised a funding round from ex🌱ternal investors. Earlier this year, th꧑e company that its parent company, Baazi Games had pumped in US$1 million worth of funding.

At present, t🐓he company, claims to have cemented its position among the top fantasy cricket platforms and boasts of a 3 million user base. Its app is available for Android and i🉐OS users.

Commenting on ꦉthe announcement, Saura🔯bh Chopra, co-founder & CEO of BalleBaazi.com said, “Online gaming industry in India is growing marvelously 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 of Baazi Games, commenti🌳n🃏g on the development noted, “BalleBaazi has played witness to a tremendous surge in growth during the recently concluded IPL and ICC World Cup 2019. From the signing-up of to securing a USD 4 million funding, we are all padded-up for game-defining performance in times to come!”