Fundz

Fantasy Sports Platform Fantasy Akhada Raises Rs 5 Crore Through Prime Securities

PRIVATEApr 07, 2021

Amount Raised

₹50 Million

Round Type

Seed

GurugramGamingSports

Description

Harsha Bhogale backed fantasy sports platform Fantasy Akhada said that it has raised Rs 5 crore in funding through Prime Securities, a week before IPL 2021 kicks off. Launched in January 2020, the company had raised funds from cricket commentator Harsha Bhogale in August 2020 who also came on board as brand ambassador. The round was led by N Jayakumar, managing director, Prime Securities, an investment banking boutique. This brings the total funds raised by the company close to the $1 million (about Rs7 crore), said Amit Purohit, founder, Fantasy Akhada

Quick answer

Fantasy Akhada raised ₹50 Million in a Seed round, dated April 7, 2021. Fantasy Akhada is based in Gurugram, Haryana, India.

How much did Fantasy Akhada raise?
Fantasy Akhada raised ₹50 Million in a Seed round on April 7, 2021.
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.

  • Motorsport Games raised $18M on April 23, 2021.
  • BitMine Immersion Technologies raised $2K (Pre-Seed) on May 11, 2021.
  • LiveBarn raised an undisclosed amount (Private Equity) on May 11, 2021.
  • Aristocrat raised $6.3M on May 4, 2021.
  • GameStop raised $551M (Funding Round) on April 27, 2021.
  • Start-Ups raised $10M (Funding Round) on April 22, 2021.

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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.