Zupee

Gurugram, India Founded: 2018 • Age: 8 yrs
Operator of an online platform providing free-to-play digital versions of games
Annual revenue $24.4M Latest available
Total funding $122.0M 5 rounds
Employees 376 Tracked headcount
Investors 24 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About Zupee

Zupee is a company based in Gurugram (India) founded in 2018 by Dilsher Singh Malhi and Siddhant Saurabh. Zupee has raised $122.04 million across 5 funding rounds from investors including Orios Venture Partners, Nepean Capital and Tomales Bay Capital. The company has 376 employees as of March 23, 2025. Zupee has completed 1 acquisition, including Nucanon. Zupee offers products and services including Ludo Supreme, Ludo Ninja, Ludo Turbo, Snakes and Ladders Plus, and Trump Cards Mania. Zupee operates in a competitive market with competitors including MPL, Baazi Games, Ability Games, Tamasha and Skrmiish, among others.

  • Headquarter Gurugram, India
  • Employees 376 as on 23 Mar, 2025
  • Founders Dilsher Singh Malhi, Siddhant Saurabh
  • Stage Minicorn
  • Sectors
    Media & Entertainment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Cashgrail Private Limited
  • Date of Incorporation 28 Nov, 2019
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $24.44 M (USD)
    -76.64
    as on Mar 31, 2022
  • Net Profit
    -$17.8 M (USD)
    -302.98
    as on Mar 31, 2022
  • EBITDA
    -$18.35 M (USD)
    -145.78
    as on Mar 31, 2022
  • Total Equity Funding
    $122.04 M (USD)

    in 5 rounds

  • Latest Funding Round
    $72 M (USD), Series B

    Jan 05, 2022

  • Investors
  • Employee Count
    376

    as on Mar 23, 2025

  • Investments & Acquisitions
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Products & Services of Zupee

Zupee offers a comprehensive portfolio of products and services, including Ludo Supreme, Ludo Ninja, Ludo Turbo, Snakes and Ladders Plus, and Trump Cards Mania.

Product name locked
Category locked
Primary

Ludo variant for strategic play and real cash winnings

Product name locked
Category locked
Locked

Fast-paced Ludo game for competing and earning rewards

Product name locked
Category locked
Locked

Quick Ludo version for time-based cash prizes

Product name locked
Category locked
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Classic game with twists for real money victories

Product name locked
Category locked
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Cricket-themed card game for skill-based rewards

Funding Insights of Zupee

Zupee has successfully raised a total of $122.04M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $72 million completed in January 2022. 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.

Investors in Zupee

Zupee has secured backing from 24 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Orios Venture Partners, Nepean Capital and Tomales Bay Capital.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private equity investments in small and mid-cap companies are managed.
Locked Locked Locked
Venture capital firm focused on early-stage investments
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Multiple sectors are targeted for venture capital investments.
Locked Locked Locked
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Investor details for Zupee

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  • Investor domains
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Zupee

Zupee has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Nucanon.

Investments
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Investment portfolio details for Zupee

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Acquisitions
Company Name Description Domain Location Founded Year Amount
AI-powered platform for collaborative game and narrative design is utilized.
Locked Locked 2023 Locked
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Complete acquisition details for Zupee

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Financial Statements - Zupee

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Detailed financials for Zupee

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Zupee Comparisons

Zupee Primary company
Description
Operator of an online platform providing free-to-play digita...
Location
Gurugram, India
Founded Year
2018
Annual Revenue
$24.44 M (USD)
Net Profit
-$17.8 M (USD)
EBITDA
-$18.35 M (USD)
Employees
376
As of 2025
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Peer comparison for Zupee

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Competitors of Zupee

Zupee 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 MPL, Baazi Games, Ability Games, Tamasha and Skrmiish, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Real money skill-based gaming is facilitated through an online platform.
Locked Locked Locked
Provider of online platforms for poker, sports gaming, and card games
Locked Locked Locked
Casino gaming platforms are developed for browser-based devices.
Locked Locked Locked
Developer of social platforms facilitating interactive contests, audio experiences, and connections
Locked Locked Locked
Online platform for the players to play and earn in-game rewards
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Detailed competitors of Zupee

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Latest news on Zupee

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Complete news archive for Zupee

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Frequently Asked Questions about Zupee

Zupee was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Zupee is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Dilsher Singh Malhi is the current CEO of Zupee. They have also founded this company.

Zupee is a funded company, having raised a total of $122.04M across 5 funding rounds to date.

As of Mar 23, 2025, the latest employee count at Zupee is 376.

Annual revenue of Zupee is $24.44M as on Mar 31, 2022.

Zupee was founded in 2018 and is headquartered in Gurugram, India. An online platform is operated in the gaming sector, offering free-to-play digital adaptations of traditional board and card games. These are formatted for shorter sessions and emphasize skill development with straightforward learning curves. Secure play is ensured via stable internet, with compatibility provided for most Android and iOS devices through regular app updates.

Zupee's top competitors include MPL, Baazi Games and Ability Games.

Zupee offers Ludo Supreme, Ludo Ninja, Ludo Turbo, Snakes and Ladders Plus, and Trump Cards Mania.

Zupee has made 1 acquisition, including Nucanon.

Zupee has 24 investors. Key investors include Orios Venture Partners, Nepean Capital, Tomales Bay Capital, WestCap, and AJ Capital Partners.

The valuation of Zupee is $659.27M as of Jan 2022.

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