Dangal Games, online skill-based gaming platform has raised a ‘Series A’ fund raise of $1MN from a strategic investor.
Since its inception, Dangal Games (Founded by – Varun Mahna, Varun Puri, Shashwat Jain, Karan Gandhi and Manan Sobti) has elicited its first product ‘PokerDangal’ to be honored among India’s top five online Poker platforms, followed by ‘RummyDangal in the last quarter holding an intention to forge a snappy yet trustable platform to enjoy online rummy in India.
Similar to its sibling product, RummyDangal too shook the market by offering mind-blowing deals & exciting promotions. Now with a stronghold user base of more than 5 lakh, the brand is all geared up to utilise the funds and expand its business to the newer products. The consolidated aim is to become a leading player in the skill based online gaming sector.
The company also plans to add ‘Fantasy Games’ to their bandwagon before the arrival of IPL 2021. Fantasy sports is a big market and sports lovers would love the surprises Dangal Games has in store for them. The company will also be launching its casual gaming vertical in the next quarter.
Dangal Games founder and CEO Varun Mahna, “The fund would be used to diversify the product portfolio and build the tech capabilities of the business. The online gaming industry in India is surging like never before. After the pandemic, our whole platform endured an inclining power shot in acquisition and user-time spent. We also want to utilise the funds to grow the gaming ecosystem in the country and enable more gaming tech start-ups with investments.