About PokerDangal
PokerDangal is a company based in Kolkata (India) founded in 2017 by Varun Mahna, Shashwat Jain, Varun Puri, and Karan Gandhi.. PokerDangal has raised $1.39 million across 3 funding rounds from investors including XLN Media Solutions, OEG and Gauri K Parakh. PokerDangal has completed 1 acquisition, including Pokermet. PokerDangal offers products and services including Poker App, Texas Holdem, Omaha Poker, and Tournaments. PokerDangal operates in a competitive market with competitors including PokerBaazi, Spartan Poker, 888Poker and PokerAtlas, among others.
- Headquarter Kolkata, India
- Founders Varun Mahna, Shashwat Jain, Varun Puri, Karan Gandhi
- Stage Minicorn
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Xeta Networks Private Limited
- Date of Incorporation 25 Apr, 2017
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$2.99 M (USD)33.06as on Mar 31, 2023
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Net Profit
$-441.74 K (USD)65.5as on Mar 31, 2023
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EBITDA
$-338.73 K (USD)70.93as on Mar 31, 2023
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Total Equity Funding
$1.39 M (USD)
in 3 rounds
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Latest Funding Round
$1.01 M (USD), Series A
Jan 19, 2021
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Investors
XLN Media Solutions
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of PokerDangal
PokerDangal offers a comprehensive portfolio of products and services, including Poker App, Texas Holdem, Omaha Poker, and Tournaments. 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.
Mobile app for online poker games and real money betting
Strategy-based card game with betting and community cards
Variant involving multiple cards for competitive play
Competitive events with prizes and real money rewards
Funding Insights of PokerDangal
PokerDangal has successfully raised a total of $1.39M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.01 million completed in January 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 3
- Last Round Series A — $1.0M
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First Round
First Round
(04 Sep 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series A - PokerDangal | Valuation | OEG |
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| Sep, 2018 | Amount | Seed - PokerDangal | Valuation | XLN Media Solutions |
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| Sep, 2017 | Amount | Angel Round - PokerDangal | Valuation | Gauri K Parakh |
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| 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 PokerDangal
PokerDangal has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include XLN Media Solutions, OEG and Gauri K Parakh. 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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Digital marketing and brand development services are offered by OEG.
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Founded Year | Domain | Location | |
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Provides a platform for poker gaming solutions and entertainment.
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Founded Year | Domain | Location | |
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GK
Gauri K Parakh |
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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 PokerDangal
PokerDangal has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pokermet. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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An online poker gaming platform is provided for player engagement.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PokerDangal
| 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 |
Pokerdangal Comparisons
Competitors of PokerDangal
PokerDangal 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 PokerBaazi, Spartan Poker, 888Poker and PokerAtlas, 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 platform for poker games, tournaments, and strategies in India.
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| domain | founded_year | HQ Location |
Online poker games are facilitated via a digital platform.
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| domain | founded_year | HQ Location |
Develops innovative technologies for real-time casino games.
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| domain | founded_year | HQ Location |
Online poker information, reviews, and games are provided by PokerAtlas.
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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 Pokerdangal
Frequently Asked Questions about PokerDangal
When was PokerDangal founded?
PokerDangal was founded in 2017.
Where is PokerDangal located?
PokerDangal is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Is PokerDangal a funded company?
PokerDangal is a funded company, having raised a total of $1.39M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $31.22K, raised on Sep 04, 2017.
What is the annual revenue of PokerDangal?
Annual revenue of PokerDangal is $2.99M as on Mar 31, 2023.
What does PokerDangal do?
Pokerdangal is an online platform to play poker games. The platform enables users to register over the platform and enter into online poker tournaments. Available as a web and mobile app for Android and iOS platforms.
Who are the top competitors of PokerDangal?
PokerDangal's top competitors include PokerBaazi, Spartan Poker and PokerAtlas.
What products or services does PokerDangal offer?
PokerDangal offers Poker App, Texas Holdem, Omaha Poker, and Tournaments.
How many acquisitions has PokerDangal made?
PokerDangal has made 1 acquisition, including Pokermet.
Who are PokerDangal's investors?
PokerDangal has 3 investors. Key investors include XLN Media Solutions, OEG, and Gauri K Parakh.
What is PokerDangal's valuation?
The valuation of PokerDangal is $10.66M as of Jan 2021.