Head Digital Works

Hyderabad, India Founded: 2005 • Age: 21 yrs Minicorn
Provider of online skill-based gaming platforms

About Head Digital Works

Head Digital Works is a Media & Entertainment company based in Hyderabad (India) founded in 2005 by Deepak Gullapalli. Provider of online skill-based gaming platforms. It operates in the Media & Entertainment and Consumer sectors. 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. Head Digital Works has completed 1 acquisition, including Deltatech. Head Digital Works was last valued at $155.33 million in April 2017. Its chief executive, as recorded, is Siddharth Sharma. Its Indian entity Head Digital Works Private Limited reported revenue of β‚Ή878 Cr. Head Digital Works offers products and services including A23, Online Rummy, Online Poker, and Fantasy Games. Its focus areas include Gambling Tech, Gambling Game Developers, Horizontal and Mobile.

Company details

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.

  • Headquarters Hyderabad, India
  • Employees 529
  • Founders Deepak Gullapalli
  • Stage Minicorn
  • Sectors
    Media & Entertainment
    Consumer
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website hdworks.in
  • Social LinkedIn X Facebook
  • Legal Name Head Digital Works Pvt Ltd
  • Date of Incorporation 20 Mar, 2017
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹878 Cr

    FY 2024 · +2% YoY

  • Net Profit
    ₹72.38 Cr

    FY 2024 · 8% margin

  • EBITDA
    ₹135 Cr

    FY 2024 · 15% margin

  • Total Equity Funding
    $81.87M (USD)

    in 1 rounds

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

    Apr 2017

  • Investors
  • Employee Count
    529
  • Investments & Acquisitions

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.

A23
Gaming Platform

Platform for online rummy and poker with real-money features

Online Rummy
Skill Gaming

Real-money rummy game via mobile and web applications

Online Poker
Card Gaming

Platform for competitive poker with secure transactions

Fantasy Games
Sports Entertainment

Application for fantasy cricket and other skill-based games

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 $81.87M
  • Total Rounds 1
  • Last Round Series A β€” $81.87M
  • First Round $81.87M

    (Apr 2017)

  • Investors Count 39

All 1 funding rounds of Head Digital Works with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2017$81.87MSeries A$155.33MSamrat Nirmal Zaveri, Khattar Holdings
Valuation history
DateValuationStage
Apr 2017$155.33Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $155.33M (Apr 2017). 38 investors in total: 12 institutional and 26 angel.

Investors in Head Digital Works

Head Digital Works has secured backing from 38 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Midland States Bank, Clairvest and Burman Family Holdings.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Strategic investment platform focusing on long-term investments in early-stage companies across key sectors.
1995burmanfh.comDelhi, India
Private equity investment management firm
1987clairvest.comToronto, Canada
High-growth businesses are targeted for investment by SFG Ventures.
sfgventures.comBrighton, United Kingdom
Multiple sectors are invested in by this single family office.
Singapore, Singapore
Estate planning advice and administration services are provided.
midlandtc.comChicago, United States
Commercial banking services are provided to businesses and individuals.
1881midlandsb.comEffingham, United States
Provider of financial services
Delhi, India
Financial advisory services are provided in Delhi, India.
Delhi, India
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Investor details for Head Digital Works

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Board of directors of Head Digital Works Private Limited (Head Digital Works)

Head Digital Works Private Limited is the primary company behind Head Digital Works. The boards of the 2 registered companies of Head Digital Works currently have 10 directors; the longest-serving is James Hartery Miller, appointed in 2017. 22 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
James Hartery Miller
DIN 07760649
Director24 Mar 20179 yrs 7 moHead Digital Works Private Limited, Head Infotech India Pvt Ltd
Michael Wagman Adam
DIN 07739317
Director24 Mar 20179 yrs 7 moHead Digital Works Private Limited, Head Infotech India Pvt Ltd
Mohit Kumar Kansal
DIN 07739398
Director28 Apr 20179 yrs 6 moHead Infotech India Pvt Ltd
Gaurav Burman
DIN 01870814
Director28 Apr 20179 yrs 6 moHead Infotech India Pvt Ltd
Deepak Gullapalli
DIN 01002626
Director29 Jun 20179 yrs 4 moHead Digital Works Private Limited, Head Infotech India Pvt Ltd
Rupa Rajul Vora
DIN 01831916
Director01 Jun 20233 yrs 5 moHead Digital Works Private Limited
Kin Wai Daniel Cheng
DIN 10186936
Director01 Jun 20233 yrs 5 moHead Digital Works Private Limited
Sumeet Singh Nindrajog
DIN 00182873
Director29 Nov 20232 yrs 11 moHead Digital Works Private Limited
Sebastien Jean Dhonte
DIN 10749098
Director17 Sep 20242 yrs 1 moHead Digital Works Private Limited
Siddharth Sharma
DIN 07572130
CEO28 May 20251 yr 5 moHead Digital Works Private Limited

People of Head Digital Works

66 people are tracked at Head Digital Works (15 in leadership, 51 in team); the tracked headcount is 529.

NameRoleGroup
FounderLeadership
CEOLeadership
Hari Emani
Senior Director - HR & TALeadership
Ayodhyanath Guru
Director Of EngineeringLeadership
Rushikesh Kolepaka
VP - Infrastructure Engineering & IT OperationsLeadership
Amoghavarsha Esturi
Director Of TechnologyLeadership
Deepak G.
Founder And ChairmanLeadership
Sumanta Dey
Head Of Corporate Affairs & Public PolicyLeadership
Gunnidhi Singh Sareen
Vice President MarketingLeadership
Rajesh Tummalaganti
Vice President FinanceLeadership
Amit Kumar
Chief Financial OfficerLeadership
Lalit Choudhary
Director Corporate DevelopmentLeadership
Lakshmi Idupuganti
Head Of Brand And DesignLeadership
Ganapathy Subramanian Srm
Director Media Buying And PlanningLeadership
Visvesvarryya Neelakantan
Chief Technology OfficerLeadership
Ramya Veena
Assistant Manager -retention And Growth MarketingTeam
Keerthana Gurram
Software Development Engineer -iiTeam
Sandeep Ramesh
Marketing ManagerTeam
Vijay Kumar Yenugundla
Team LeadTeam
Nehal Tembhurne
Software Development Engineer - 2Team

46 more people are available in the full profile.

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Financials of Head Digital Works

Figures of Head Digital Works Private Limited, the primary company behind Head Digital Works, for FY 2024. Revenue was ₹878 Cr (+2% year on year). Net profit was ₹72.38 Cr (8% margin). EBITDA was ₹135 Cr (15% margin).

  • ₹878 CrRevenue · FY 2024 · +2% YoY
  • ₹72.38 CrNet profit · 8% margin
  • ₹135 CrEBITDA · 15% margin
  • ₹124 CrPaid-up capital
  • 529Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Head Digital Works Private Limited are on its company page.

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Detailed financial statements for Head Digital Works

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Investments & Acquisitions by Head Digital Works

Head Digital Works has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Deltatech.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Tech-enabled solutions for online gambling and responsible gaming are provided.
deltatech.ggPanaji, India2011Feb 2025$57.5M
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Timeline of Head Digital Works

4 dated milestones of Head Digital Works across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Head Digital Works is founded.
  2. Funding First funding round of $81.9M.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires Deltatech.

Web traffic of Head Digital Works

The website of Head Digital Works (hdworks.in) receives about 3.5K visits a month.

  • Monthly visits
    3.5K

    ▲ 42.7% vs previous month

Top companies in MMORPG & Online Gaming

3 companies that operate in the same segment as Head Digital Works (MMORPG & Online Gaming) in India, 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
Operator of a multifaceted platform for sports content and experiences
2008Mumbai, Maharashtra, IndiaUSD 942.17 MUSD 509.95 K1,310
Skill-based online games are provided through a technology-driven platform.
2006Mumbai, Maharashtra, IndiaUSD 98.07 MUSD 264.51 M777
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Related news about Head Digital Works

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Frequently Asked Questions about Head Digital Works

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

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

Siddharth Sharma is the CEO of Head Digital Works, as recorded in our data.

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 2017.

Head Digital Works has 529 employees.

The primary company behind Head Digital Works, Head Digital Works Private Limited, reported revenue of β‚Ή878 Cr for FY 2024, up 2% year on year.

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.

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

Head Digital Works has made 1 acquisition, including Deltatech.

Head Digital Works has 38 investors. Key investors include Midland States Bank, Clairvest, Burman Family Holdings, Amit Gupta, and Samrat Nirmal Zaveri.

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

Head Digital Works is associated with 2 legal entities: Head Digital Works Private Limited, Head Infotech India Pvt Ltd.

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