HalaPlay

Bengaluru, India Founded: 2016 • Age: 10 yrs Minicorn Acquired By Nazara
Online fantasy sports platform

About HalaPlay

HalaPlay is a Media & Entertainment company based in Bengaluru (India) founded in 2016 by Swapnil Saurav and Prateek Anand, and was acquired by Nazara in June 2020. It operates as an online fantasy sports platform. HalaPlay has raised $8.77 million across 5 funding rounds from investors including Nazara, Wellfound and Kae Capital. The company has 3 employees. HalaPlay was last valued at $11.69 million in April 2020. Its chief executive is Swapnil Saurav. Its Indian entity Halaplay Technologies Private Limited reported revenue of ₹63.1 Lakh. HalaPlay offers products and services including Fantasy Cricket and HalaPlay Rummy. Its focus areas include Consumer, Sports Tech, Fantasy Sports and Online Platforms. Its competitors include DraftKings, FanDuel, Dream Sports, MPL and GreenPark Sports and 3 more; 8 of its 8 listed competitors have raised funding.

Company details

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.

  • Headquarters Bengaluru, India
  • Employees 3
  • Founders Swapnil Saurav, Prateek Anand
  • Stage Minicorn
  • Sectors
    Media & Entertainment
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website halaplay.com
  • Social X Facebook Instagram
  • Acquired by Nazara (Jun 2020)
  • Legal Name Halaplay Technologies Private Limited
  • Date of Incorporation 31 Aug, 2016
  • Jurisdiction Kolkata, West Bengal, India
Key Metrics
  • Annual Revenue
    ₹63.1 Lakh

    FY 2025 · +65% YoY

  • Net Loss
    -₹79.3 Lakh

    FY 2025 · -126% margin

  • EBITDA
    -₹79.3 Lakh

    FY 2025 · -126% margin

  • Total Equity Funding
    $8.77M (USD)

    in 5 rounds

  • Latest Funding Round
    $1.22M (USD), Angel Round

    May 2021

  • Investors
    Nazara

    & 6 more

  • Employee Count
    3
  • Acquired by
    Nazara

    (Jun 2020)

Products & Services of HalaPlay

HalaPlay offers a comprehensive portfolio of products and services, including Fantasy Cricket and HalaPlay Rummy.

Fantasy Cricket
Sports Gaming

Strategy-based platform for creating virtual cricket teams and winning prizes.

HalaPlay Rummy
Card Games

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 $8.77M
  • Total Rounds 5
  • Last Round Angel Round — $1.22M
  • First Round $247,379

    (Nov 2017)

  • Investors Count 7

All 5 funding rounds of HalaPlay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2021$1.22MAngel Round–Milan Ganatra
–
Apr 2020$384,314Series A$11.69MGaussian Networks, Nazara
–
Mar 2019$5.8MSeries A$12.63MNazara
May 2018$1.12MSeed$•••••Nazara
Nov 2017$247,379Seed$•••••Kae Capital
Valuation history
DateValuationStage
Apr 2020$11.69M••••••••
Mar 2019$12.63M••••••••
May 2018$•••••••••••••
Nov 2017$•••••••••••••
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Full valuation and stage history of HalaPlay

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Last known valuation $11.69M (Apr 2020). 7 investors in total: 5 institutional and 2 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage investing in tech startups in India.
2011kae-capital.comMumbai, India
Online games are developed and hosted for the gaming sector.
2011gaussiannetworks.comKolkata, India
Diversified gaming and sports media platforms are operated and developed.
1999nazara.comMumbai, India
Gaming & hospitality firm
1990deltacorp.inMumbai, India
Startup jobs are connected to individuals via a dedicated platform.
2013wellfound.comNew York, United States

Milan Ganatra

Founder of 1SilverBullet, active angel investor in Indian startups
–unknown_0d3c118ce03542778-

Shubhankar Bhattacharya

Venture Partner at Foundamental, active angel investor in Indian startups
–unknown_a06592ed68724f2ea-
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Investor details for HalaPlay

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Board of directors of Halaplay Technologies Private Limited (HalaPlay)

Halaplay Technologies Private Limited is the primary company behind HalaPlay. The boards of the 2 registered companies of HalaPlay currently have 6 directors; the longest-serving is Shobha Haresh Jagtiani, appointed in 2021. 25 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shobha Haresh Jagtiani
DIN 00027558
Director07 Jan 20215 yrs 9 moHalaplay Technologies Private Limited
Manepalli Vijay Deepak
DIN 03045205
CEO20 Jan 20233 yrs 8 moOpenplay Technologies Private Limited
Shailendra Omprakash Mishra
DIN 07373830
Director14 Feb 20233 yrs 8 moHalaplay Technologies Private Limited
Pritesh Mansukhlal Rajgor
DIN 07237198
Director14 Feb 20233 yrs 8 moHalaplay Technologies Private Limited
Sunit Pal Singh Warraich
DIN 07052798
Additional Director23 May 20251 yr 4 moOpenplay Technologies Private Limited
Anirudh Chaudhry
DIN 07167931
Additional Director19 Jan 20268 moOpenplay Technologies Private Limited

People of HalaPlay

2 people are tracked at HalaPlay (2 in leadership); the tracked headcount is 3.

NameRoleGroup
Co-Founder & CEOLeadership
Co-FounderLeadership
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Financials of HalaPlay

Figures of Halaplay Technologies Private Limited, the primary company behind HalaPlay, for FY 2025. Revenue was ₹63.1 Lakh (+65% year on year). Net loss was -₹79.3 Lakh (-126% margin). EBITDA was -₹79.3 Lakh (-126% margin). Revenue has grown at a compounded annual rate of -56% over three years and -56% over five years.

  • ₹63.1 LakhRevenue · FY 2025 · +65% YoY
  • -₹79.3 LakhNet loss · -126% margin
  • -₹79.3 LakhEBITDA · -126% margin
  • ₹1.74 CrPaid-up capital
  • 3Employees (provident fund records)
  • -56%Revenue CAGR, 3 years
  • -56%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Halaplay Technologies Private Limited are on its company page.

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Detailed financial statements for HalaPlay

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Timeline of HalaPlay

5 dated milestones of HalaPlay across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded HalaPlay is founded.
  2. Funding First funding round of $247K.
  3. Milestone Reaches Minicorn status.
  4. Exit Acquired by Nazara.
  5. Funding Latest funding round, Angel Round, of $1.2M.

Competitors of HalaPlay

HalaPlay has 8 listed competitors in our database, 8 of them funded. They include DraftKings, FanDuel, Dream Sports, MPL and GreenPark Sports, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
draftkings.com2012Boston, United States$718.6M1,974
Online fantasy sports platforms are provided for multiple sports.
fanduel.com2009New York, United States$416.2M–
Developer of a fantasy platform for multiple sports
dreamsports.group2008Mumbai, India$1.34B1,307
Operator of a multifaceted platform for sports content and experiences
mpl.live2018Bengaluru, India$395.81M435
Real money skill-based gaming is facilitated through an online platform.
greenparksports.com2018Burlingame, United States$67.91M62
Provider of a mobile app for multiple fantasy sports
underdogfantasy.com2020Brooklyn, United States$115M588
Developer of an online fantasy sports platform
prizepicks.com2007Atlanta, United States$1.7M–
An online platform for fantasy sports predictions is provided.
boomfantasy.com2015New York, United States$23.16M–
Tech-enabled platform is offered for online gambling operators.
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Detailed competitors of HalaPlay

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Web traffic of HalaPlay

Websites that share an audience with HalaPlay (halaplay.com).

Similar websites

Websites whose visitors overlap most with HalaPlay. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
fanfight.com
100%
––View details
real11.com
92%
13.2K#1,696,598View details

Top companies in Sports Technology Platforms

10 companies that operate in the same segment as HalaPlay (Sports Technology Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Operator of a platform providing skill-based games and interactive entertainment
2018Delhi, Delhi, IndiaUSD 92 MUSD 83.05 M1
Subscription-based platform for streaming soccer content is offered.
2015New York, New York, United StatesUSD 154.63 MUSD 1.62 B590
Developer of a fantasy platform for multiple sports
2009New York, New York, United StatesUSD 416.2 M––
Subscription-based social networking platform for runners and cyclists
2009San Francisco, California, United StatesUSD 144.6 M––
Online fantasy sports platforms are provided for multiple sports.
2012Boston, Massachusetts, United StatesUSD 718.6 MUSD 6.05 B5,100
Operator of a multifaceted platform for sports content and experiences
2008Mumbai, Maharashtra, IndiaUSD 1.34 BUSD 509.95 K–
Skill-based online games are provided through a technology-driven platform.
2006Mumbai, Maharashtra, IndiaUSD 99.06 M––
Real money skill-based gaming is facilitated through an online platform.
2018Bengaluru, Karnataka, IndiaUSD 401.22 MUSD 100.11 M212
Cloud-based software is provided for managing outdoor events and activities.
1999Dallas, Texas, United StatesUSD 313.84 M–2,458
News media platform for soccer
2008Berlin, Berlin, GermanyUSD 320.1 M––
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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 Seed of $247.38K, raised on Nov 2017.

HalaPlay has 3 employees.

The primary company behind HalaPlay, Halaplay Technologies Private Limited, reported revenue of ₹63.1 Lakh for FY 2025, up 65% year on year.

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.

HalaPlay is associated with 2 legal entities: Halaplay Technologies Private Limited, Openplay Technologies Private Limited.

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