VC Fund Investments
Gaming co Fantasy Akhada raises $11-M led by Florintree
Gurugram-based Super Six Sports Gaming Pvt Ltd (SSSG), the parent of fantasy sports brand Fantasy Akhada, has raised USD 11 million (around INR 90 crore) in a fresh round of funding led by Florintree Advisors. Existing investors Mukul Agrawal (Param Capital) and Varalakshmi Enterprises (the family office of the GMR group) also participated in the round. The fundraise valued SSSG at USD 135 million. The company plans to use the fresh capital to launch a new brand that focuses on sports streaming, content and analytics. It will also use the funds to build technology and for business expansion. Founded in 2020 by Amit Purohit, Amit Bhardwaj, Ankit Upreti, Pratik Gosar, Sumit Jha and Sahil Ahuja, SSSG has so far raised over USD 20 million in equity. Fantasy Akhada helps users make virtual teams of real professional sports players. Apart from cricket, the platform also offers users fantasy gaming experience in football and kabaddi.
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