Earlier this year, Baazi Games had invested $1 Mn in its fantasy cricket vertical, BalleBaazi.com. Additionally, Baazi Games, the parent organization of RummyBaazi.com, has further strengthened their motives of scaling up operations as they set aside another USD 1 Million for this highly revered platform. Resonating with its growth and expansion plans, BalleBaazi.com had recently received a funding of USD 1MN from Baazi Games, its parent company. WinZO hosts 70+ games on a single platform across multiple formats in 12+ regional languages and 60% of content on our platform is consumed in non-English languages.. WinZO Baazi. It also plans to introduce more games under the umbrella of fantasy gaming, thus engaging with audience across different genres of sports, the company said. With the fresh funding, RummyBaazi aims to advance its product enhancements and strengthen user’s trust through its marketing strategies. Indian Startups, Entrepreneurship, News, Resources & More, The amount was raised from Udtara Ventures, who is an investor in BalleBaazi, The funding will be used to boost product development and expand its marketing efforts, RummyBaazi has been able to scale its operations to accommodate 500K in one year, Delhi-based Baazi Games’ latest gaming venture RummyBaazi has raised $3 Mn (nearly INR 22 Cr) in seed funding round from early-stage investment firm Udtara Ventures at a pre-money valuation of $14 Mn. BiBaazi allows up to 3.3x leverage trading by providing traders with access to the peer-to-peer funding market. Play Poker Games Online in India for Real Money at PokerBaazi. Before this round of funding, RummyBaazi was valued at USD 14 million, said the company. Excited, and looking forward to the amazing journey ahead of us,” said Rajiv Chaurasia, Chairman, Udtara Ventures. Share on. 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 external investors. Decoding India’s $10.6 Bn eHealth Opportunity, Union Budget 2021: Crypto Startups Seek Clarity On GST, Taxation On Earnings. Photo: Mint Baazi Games to invest $5 million in Indian gaming industry in next six months 1 min read. Of the total funding, Baazi Game has set aside USD 1 million, while its existing investor Udtara Ventures pumped in USD 2 million seed capital. Providing such a platform to a sports-obsessed nation is where Baazi Games played its trump card. The company will use the new funds to strengthen the product and marketing strategies. Leading Baazi Games’ latest venture since 2019, Sunit Warriach, CEO, RummyBaazi.com has created ripples in the Online Gaming Industry with the emergence of the brand as one of the most sought-after skill-based gaming platforms in the country. Leading Baazi Games’ latest venture since 2019, Sunit Warriach, CEO, RummyBaazi.com has created ripples in the Online Gaming Industry with the emergence of the brand as one of the most sought-after skill-based gaming platforms in the country. Also Read: 5 Reasons to Invest in the Online Poker Gaming Industry. BalleBaazi.com raised Series A funding of $4 million from two external investors in July 2019. “Our expanding userbase is testament to the efforts of RummyBaazi.com to provide its customers with the safest way to play. While Udtara infused $2 million, the rest of the amount was invested by RummyBaazi’s parent entity, Baazi Games. Founded in 2018 by Chopra, BalleBaazi recently raised $1 million from its parent company Baazi Games. The company, in its press statement, highlighted, “operates with its guiding principle of ‘user-first’ offering a seamless and 360-degree experience of online gaming on the highly secure platform without compromising speed or fun.” The company was set up by Singh and is led by CEO Sunit Warriach. Of the total funding, Baazi Game has set aside $1 million, while its existing investor Udtara Ventures pumped in $2 million seed capital. Baazi Games, founded in 2014, is a pioneer gaming company in India that operates several online games. Overtime, the company has launched two more real money games (RGMs)—fantasy sports (BalleBaazi) and rummy (RummyBaazi) in the year 2018 and 2019, respectively, to cater to the rapidly increasing appetite for online gaming. Online Cricket Fantasy gaming platform BalleBaazi has raised $4 Mn in a Series A funding from Snap Angel Tech & Singapore-based investor. Also Read: Online gaming in India to be ₹11,900 cr industry by 2023: Report Given the scenario, we feel this is the perfect time to strengthen our game in the country and we’re glad that Udtara Ventures saw potential in our ideas to scale it further,” Singh added. RummyBaazi.com will use the capital to boost product development and expand its marketing efforts, the New Delhi-based company said in a statement. BalleBaazi, an online fantasy gaming platform, has raised $4 million in Series A funding round from two private equity funds based out of Singapore and Delhi. Also Read: Here's Why More Investors Are Turning To the Online Gaming Industry. A mix of seed funding and capital infusion from its parent company accommodate. Baazi Games, founded in 2018 by Chopra, BalleBaazi recently raised $ 1 Mn Series! 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