About HalaPlay
HalaPlay is a company based in Bengaluru (India) founded in 2016 by Swapnil Saurav and Prateek Anand was acquired by Nazara in June 2020. HalaPlay has raised $8.77 million across 5 funding rounds from investors including Nazara, Wellfound and Kae Capital. The company has 3 employees as of April 08, 2024. HalaPlay offers products and services including Fantasy Cricket and HalaPlay Rummy. HalaPlay operates in a competitive market with competitors including DraftKings, FanDuel, Dream Sports, MPL and GreenPark Sports, among others.
- Headquarter Bengaluru, India
- Employees 3 as on 08 Apr, 2024
- Founders Swapnil Saurav, Prateek Anand
- Stage Minicorn
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Halaplay Technologies Private Limited
- Date of Incorporation 31 Aug, 2016
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$905.19 K (USD)-52.18as on Mar 31, 2022
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Net Profit
-$135.11 K (USD)-154.12as on Mar 31, 2022
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EBITDA
-$271.27 K (USD)-170.42as on Mar 31, 2022
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Total Equity Funding
$8.77 M (USD)
in 5 rounds
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Latest Funding Round
$1.22 M (USD), Angel Round
May 11, 2021
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Investors
Nazara
& 6 more
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Employee Count
3
as on Apr 08, 2024
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Acquired by
Nazara
(Jun 12, 2020)
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Products & Services of HalaPlay
HalaPlay offers a comprehensive portfolio of products and services, including Fantasy Cricket and HalaPlay Rummy.
Strategy-based platform for creating virtual cricket teams and winning prizes.
Online rummy game for playing strategically and earning rewards.
Funding Insights of HalaPlay
HalaPlay has successfully raised a total of $8.77M across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $1.22 million completed in May 2021. 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 5
- Last Round Angel Round — $1.2M
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First Round
First Round
(03 Nov 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Angel Round - HalaPlay | Valuation | Milan Ganatra |
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| Apr, 2020 | Amount | Series A - HalaPlay | Valuation | Gaussian Networks , Nazara |
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| Mar, 2019 | Amount | Series A - HalaPlay | Valuation | Nazara |
Investors in HalaPlay
HalaPlay has secured backing from 7 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Nazara, Wellfound and Kae Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage investing in tech startups in India.
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Founded Year | Domain | Location | |
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Online games are developed and hosted for the gaming sector.
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Founded Year | Domain | Location | |
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Diversified gaming and sports media platforms are operated and developed.
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Founded Year | Domain | Location |
Investments & Acquisitions by HalaPlay
Financial Statements - HalaPlay
Halaplay Comparisons
Competitors of HalaPlay
HalaPlay 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 GreenPark Sports, among others.
| 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 |
Provider of a mobile app for multiple fantasy sports
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| domain | founded_year | HQ Location |
Developer of an online fantasy sports platform
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Frequently Asked Questions about HalaPlay
HalaPlay was founded in 2016 and raised its 1st funding round 1 year after it was founded.
HalaPlay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Swapnil Saurav is the current CEO of HalaPlay. They have also founded this company.
HalaPlay is a funded company, having raised a total of $8.77M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5.8M, raised on Nov 03, 2017.
As of Apr 08, 2024, the latest employee count at HalaPlay is 3.
Annual revenue of HalaPlay is $905.19K as on Mar 31, 2022.
HalaPlay was founded in 2016 in Bengaluru, India, as an online fantasy sports platform. Daily contests for cricket and football are hosted, where users can join existing leagues or create custom ones and invite friends. Both free and paid game options are available, supporting user participation in skill-based virtual team competitions within the sports entertainment sector.
HalaPlay's top competitors include FanDuel, DraftKings and Dream Sports.
HalaPlay offers Fantasy Cricket and HalaPlay Rummy.
HalaPlay has 7 investors. Key investors include Nazara, Wellfound, Kae Capital, Delta Corp, and Gaussian Networks.
The valuation of HalaPlay is $11.69M as of Apr 2020.