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Jetsynthesys Acquires Majority Stake In Fanory; Onboards Former Twitter India Head Manish Maheshwari In A Leadership Role

PRIVATEJan 25, 2023

Acquiring Company

JetSynthesys

Acquired Company

Fanory

PuneInformation TechnologyGamingVideo GamesPublishing

Description

New-age digital entertainment and technology company, JetSynthesys, has acquired majority stake in Fanory, a start-up that helps creators monetize better than what is possible on social media platforms. As part of this transaction, JetSynthesys has onboarded ex-Twitter India Head and Fanory's co-founder, Manish Maheshwari, as President at the Corporate level, JetSynthesys. Shareholders of JetSynthesys include the family offices of Infosys Co-Founder Kris Gopalakrishnan, Serum Institute's Adar Poonawalla, and cricketing legend Sachin Tendulkar, amongst others.

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Company Information

Company

JetSynthesys

Location

Pune, Maharashtra, India

About

JetSynthesys, which has presence across gaming and digital entertainment, is also the biggest skill-based cricket gaming franchise in the world with more than 120 million downloads and 12 million monthly active users.

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Frequently asked

Who acquired Fanory?

Fanory was acquired by JetSynthesys, based in Pune. The deal was reported on January 25, 2023. JetSynthesys, which has presence across gaming and digital entertainment, is also the biggest skill-based cricket gaming franchise in the world with more than 120 million downloads and 12 million monthly active users. JetSynthesys is privately held and operates in Information Technology.

When did JetSynthesys acquire Fanory?

JetSynthesys's acquisition of Fanory was reported on January 25, 2023. New-age digital entertainment and technology company, JetSynthesys, has acquired majority stake in Fanory, a start-up that helps creators monetize better than what is possible on social media platforms. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Fanory do?

FanoryHQ Inc Official site is a social platform for creators to build and monetize their community of fans It is privately held.

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