Fundz

Fantasy Sports Platform Fantasy Akhada Raises $11 Million In Funding

PRIVATEMar 10, 2023

Amount Raised

$11 Million

Round Type

Funding Round

GurugramGamingSports

Description

Super Six Sports Gaming, the parent company of fantasy sports brand Fantasy Akhada, has raised $11 million in a fresh round of funding which values the company at $135 million.The round was led by Florintree Advisors (run by Mathew Cyriac, ex-MD of Blackstone India). It also saw participation from existing investors Mukul Agrawal (Param Capital) and Varalakshmi Enterprises (Family Office of the GMR Group).This has taken the overall funding raised by the company to date to over $20 million. Prime Securities was the exclusive Investment Banker for the transaction.The company plans to utilise the funding to strengthen its market position. Apart from this, they plan to launch a new brand that focuses on streaming, content, and analytics

Quick answer

Fantasy Akhada raised $11 Million in a Funding Round round, dated March 10, 2023. Fantasy Akhada is based in Gurugram, Haryana, India.

How much did Fantasy Akhada raise?
Fantasy Akhada raised $11 Million in a Funding Round round on March 10, 2023.
What does Fantasy Akhada do?
Fantasy Akhada is one of India's Top 5 fantasy sports platforms with Harsha Bhogle as the Brand Ambassador.
Where is Fantasy Akhada based and how big is it?
Fantasy Akhada is based in Gurugram, Haryana, India.

Source: Fundz verified event record.

Who else raised in Gaming and Sports around the same time

Companies in the same sectors as Fantasy Akhada that raised within 45 days of this round, from Fundz verified event records.

  • Goals raised $20M (Series A) on April 19, 2023.
  • Unagi raised $5.1M (Funding Round) on February 17, 2023.
  • VSPO raised $265M (Funding Round) on February 16, 2023.
  • Titan Academy raised $1M (Seed) on January 31, 2023.
  • MetaGravity raised $9.5M (Funding Round) on April 21, 2023.
  • SuperDuperSecret raised $1M (Seed) on April 21, 2023.

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Company Information

Company

Fantasy Akhada

Location

Gurugram, Haryana, India

About

Fantasy Akhada is one of India's Top 5 fantasy sports platforms with Harsha Bhogle as the Brand Ambassador. Keeping customer centricity at the core, the brand has taken rapid strides from being one of the 200 platforms in the country to cementing a position in the Top 5 in less than 3 years. Over 3 million registered users and an ARR of Rs. 100 Crore in revenue makes the brand a strong force to reckon within the industry with a clear path to profitability. In addition to being a customer centric platform, we aim to be a cool place to work. It is in our ethos - constant learning, approachability, transparency and immense focus on employee health and wellness.

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Fantasy Akhada raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.