About Fantasy Akhada
Fantasy Akhada is a company based in Gurugram (India) founded in 2020 by Amit Purohit, Sahil Ahuja, Sumit Kumar Jha, and Amit Bhardwaj. It operates as a B2C. Fantasy Akhada has raised $18.02 million across 4 funding rounds from investors including Authum Investment & Infrastructure, Prime Securities and Florintree. The company has 79 employees as of March 31, 2023. Fantasy Akhada operates in a competitive market with competitors including DraftKings, FanDuel, Dream Sports, MPL and Underdog Fantasy, among others.
- Headquarter Gurugram, India
- Employees 79 as on 31 Mar, 2023
- Founders Amit Purohit, Sahil Ahuja, Sumit Kumar Jha, Amit Bhardwaj
- Stage Minicorn
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Super Six Sports Gaming Private Limited
- Date of Incorporation 14 Nov, 2019
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$8.53 M (USD)437.3as on Mar 31, 2023
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Net Profit
$-14.52 M (USD)-167.64as on Mar 31, 2023
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EBITDA
$-14.22 M (USD)-166.75as on Mar 31, 2023
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Total Equity Funding
$18.02 M (USD)
in 4 rounds
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Latest Funding Round
$11 M (USD), Series A
Apr 10, 2023
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Investors
Authum Investment & Infrastructure
& 70 more
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Employee Count
79
as on Mar 31, 2023
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Funding Insights of Fantasy Akhada
Fantasy Akhada has successfully raised a total of $18.02M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $11 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $11.0M
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First Round
First Round
(05 Sep 2020)
- Investors Count 71
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series A - Fantasy Akhada | Valuation | Florintree | |
| May, 2021 | Amount | Seed - Fantasy Akhada | Valuation | Prime Securities , Team India Managers | |
| Apr, 2021 | Amount | Seed - Fantasy Akhada | Valuation | Prime Securities , Team India Managers |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fantasy Akhada
Fantasy Akhada has secured backing from 71 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Authum Investment & Infrastructure, Prime Securities and Florintree. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Privat equity firm
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Founded Year | Domain | Location | |
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Venture capital and family office firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Restaurant serving multiple dishes
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fantasy Akhada
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fantasy Akhada
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fantasy Akhada Comparisons
Competitors of Fantasy Akhada
Fantasy Akhada operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DraftKings, FanDuel, Dream Sports, MPL and Underdog Fantasy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online fantasy sports platforms are provided for multiple sports.
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| domain | founded_year | HQ Location |
Developer of a fantasy platform for multiple sports
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| domain | founded_year | HQ Location |
Operator of a multifaceted platform for sports content and experiences
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| domain | founded_year | HQ Location |
Real money skill-based gaming is facilitated through an online platform.
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| domain | founded_year | HQ Location |
Developer of an online fantasy sports platform
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| domain | founded_year | HQ Location |
An online platform for fantasy sports predictions is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fantasy Akhada
Frequently Asked Questions about Fantasy Akhada
When was Fantasy Akhada founded?
Fantasy Akhada was founded in 2020.
Where is Fantasy Akhada located?
Fantasy Akhada is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Fantasy Akhada?
Sahil Ahuja is the current CEO of Fantasy Akhada. They have also founded this company.
Is Fantasy Akhada a funded company?
Fantasy Akhada is a funded company, having raised a total of $18.02M across 4 funding rounds to date. The company's 1st funding round was a Seed of $680.64K, raised on Sep 05, 2020.
How many employees does Fantasy Akhada have?
As of Mar 31, 2023, the latest employee count at Fantasy Akhada is 79.
What is the annual revenue of Fantasy Akhada?
Annual revenue of Fantasy Akhada is $8.53M as on Mar 31, 2023.
What does Fantasy Akhada do?
Fantasy Akhada, founded in 2020 in Gurugram, India, focuses on providing entertainment content, producing gaming content, fantasy sports, and developing user-friendly mobile apps. Operates an app-based fantasy sports platform for multiple sports. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Fantasy Akhada?
Fantasy Akhada's top competitors include FanDuel, DraftKings and Dream Sports.
Who are Fantasy Akhada's investors?
Fantasy Akhada has 71 investors. Key investors include Authum Investment & Infrastructure, Prime Securities, Florintree, Team India Managers, and Texport Industries.
What is Fantasy Akhada's valuation?
The valuation of Fantasy Akhada is $131.58M as of Apr 2023.