Head Digital Works

Hyderabad, India Founded: 2005 • Age: 21 yrs
Provider of online skill-based gaming platforms
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About Head Digital Works

Head Digital Works is a company based in Hyderabad (India) founded in 2005 by Deepak Gullapalli.. Head Digital Works has raised $81.87 million across 1 funding round from investors including Midland States Bank, Clairvest and Burman Family Holdings. The company has 529 employees as of March 30, 2024. Head Digital Works has completed 1 acquisition, including Deltatech. Head Digital Works offers products and services including A23, Online Rummy, Online Poker, and Fantasy Games. Head Digital Works operates in a competitive market with competitors including PlayStudios, Huuuge Games, SciPlay, Pokerface and Gameskraft, among others.

  • Headquarter Hyderabad, India
  • Employees 529 as on 30 Mar, 2024
  • Founders Deepak Gullapalli
  • Stage Minicorn
  • Sectors
    Media & Entertainment
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Head Digital Works Pvt Ltd
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment
Consumer → Sports, Leisure & Outdoor
Key Metrics
  • Annual Revenue
    $128.91 M (USD)
    44.68
    as on Mar 31, 2023
  • Net Profit
    $6.98 M (USD)
    225.92
    as on Mar 31, 2023
  • EBITDA
    $10.66 M (USD)
    223.39
    as on Mar 31, 2023
  • Total Equity Funding
    $81.87 M (USD)

    in 1 rounds

  • Latest Funding Round
    $81.87 M (USD), Series A

    Apr 27, 2017

  • Investors
  • Employee Count
    529

    as on Mar 30, 2024

  • Investments & Acquisitions
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Products & Services of Head Digital Works

Head Digital Works offers a comprehensive portfolio of products and services, including A23, Online Rummy, Online Poker, and Fantasy Games. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for online rummy and poker with real-money features

Real-money rummy game via mobile and web applications

Platform for competitive poker with secure transactions

Application for fantasy cricket and other skill-based games

People of Head Digital Works
Headcount 50-200
Employee Profiles 64
Employee Profiles
People
Ramya Veena
Assistant Manager -retention And Growth Marketing
People
Ayodhyanath Guru
Director Of Engineering
People
Keerthana Gurram
Software Development Engineer -ii
People
Sandeep Ramesh
Marketing Manager

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Funding Insights of Head Digital Works

Head Digital Works has successfully raised a total of $81.87M through 1 strategic funding round. The most recent funding activity was a Series A round of $81.87 million completed in April 2017. 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 Rounds 1
  • Last Round Series A — $81.9M
  • First Round

    (27 Apr 2017)

  • Investors Count 39
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2017 Amount Series A - Head Digital Works Valuation Samrat Nirmal Zaveri , Khattar Holdings
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Head Digital Works

Head Digital Works has secured backing from 39 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Midland States Bank, Clairvest and Burman Family Holdings. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Strategic investment platform focusing on long-term investments in early-stage companies across key sectors.
Founded Year Domain Location
Private equity investment management firm
Founded Year Domain Location
High-growth businesses are targeted for investment by SFG Ventures.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Head Digital Works

Head Digital Works has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Deltatech. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Tech-enabled solutions for online gambling and responsible gaming are provided.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Head Digital Works

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Head Digital Works Comparisons

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Competitors of Head Digital Works

Head Digital Works 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 PlayStudios, Huuuge Games, SciPlay, Pokerface and Gameskraft, 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
Casino games are developed for mobile and web platforms.
domain founded_year HQ Location
Mobile casino games with social features are developed for platforms.
domain founded_year HQ Location
Casual mobile games are developed and published by SciPlay.
domain founded_year HQ Location
Mobile casino games are developed and distributed on app stores.
domain founded_year HQ Location
Online platforms for skill-based gaming are provided and operated.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Head Digital Works

Frequently Asked Questions about Head Digital Works

When was Head Digital Works founded?

Head Digital Works was founded in 2005 and raised its 1st funding round 12 years after it was founded.

Where is Head Digital Works located?

Head Digital Works is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Who is the current CEO of Head Digital Works?

Siddharth Sharma is the current CEO of Head Digital Works.

Is Head Digital Works a funded company?

Head Digital Works is a funded company, having raised a total of $81.87M across 1 funding round to date. The company's 1st funding round was a Series A of $81.87M, raised on Apr 27, 2017.

How many employees does Head Digital Works have?

As of Mar 30, 2024, the latest employee count at Head Digital Works is 529.

What is the annual revenue of Head Digital Works?

Annual revenue of Head Digital Works is $128.91M as on Mar 31, 2023.

What does Head Digital Works do?

Head Digital Works was founded in 2005 in Hyderabad, India, within the online gaming sector. Platforms for skill-based games such as rummy, poker, and fantasy are developed and operated. Secure experiences for players are ensured, along with fair play through supporting technologies. Various game formats are accommodated across established brands in the industry.

Who are the top competitors of Head Digital Works?

Head Digital Works's top competitors include PlayStudios, Huuuge Games and SciPlay.

What products or services does Head Digital Works offer?

Head Digital Works offers A23, Online Rummy, Online Poker, and Fantasy Games.

How many acquisitions has Head Digital Works made?

Head Digital Works has made 1 acquisition, including Deltatech.

Who are Head Digital Works's investors?

Head Digital Works has 39 investors. Key investors include Midland States Bank, Clairvest, Burman Family Holdings, Amit Gupta, and Samrat Nirmal Zaveri.

What is Head Digital Works's valuation?

The valuation of Head Digital Works is $155.33M as of Apr 2017.

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