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PlayerzPot raises approximately $3 mn fresh funds to expand its verticals

 PlayerzPot, online fantasy gaming platforms, has secured fresh funding of approximately three million dollars. This is the Series A round of investment which the brand plans to utilise in further expanding its verticals, introducing various innovative concepts to enhance the user experience, make advancements in RMG and overall brand building.

Commenting on the occasion, PlayerzPot founder Yogesh Doiphode said, “The online gaming industry in India is growing tremendously and is expected to multiply at an unprecedented rate. There is huge untapped market potential, and the funds will help the brand scale higher while also paving the way for latest innovations. We, as an online fantasy gaming start-up in India, aim to expand our services and have shifted our vision from being a core fantasy gaming company to becoming the destination platform for complete Real Money Gaming and other casual online gaming enthusiasts. This is just the beginning for the company and we hope to grow aggressively in the online gaming space.”

PlayerzPot aims to carve out a niche through a  responsive and customer-centric approach. The platform presents users with an immersive experience of excitement and fun along with also focusing on their security and safety, amidst the COVID-19 pandemic.  

PlayerzPot co-founder Mitesh Gangar said, “PlayerzPot has emerged as one of the most exciting and popular fantasy gaming platforms in recent times. Through this funding, we aim to strengthen our leadership position in the industry. We have received an overwhelming response from the Tier Two and Tier Three cities and the popularity of the platform among the core fantasy segment is constantly rising which according to me shows the mettle of the entire company. Our vision is to become the best destination in India for games of skill and we are confident about the bright future of this segment.”

 

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