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Fantasy Akhada
A fantasy sports platform that caters to a wide range of sports fans with various gaming options on their mobile phones
About Fantasy Akhada
Fantasy Akhada is a rapidly expanding fantasy sports platform in India, primarily focusing on fantasy cricket and fantasy football. Launched in January 2020, the platform has quickly gained traction, attracting a large user base of sports enthusiasts who enjoy creating virtual teams and participating in various contests to win cash prizes and other rewards. The company is endorsed by Harsha Bhogle, a well-known cricket commentator, which adds credibility and visibility to the brand.
Fantasy Akhada operates in the online fantasy sports market, which has been experiencing significant growth in India. This market caters to sports fans who are keen on engaging more deeply with their favorite sports by creating fantasy teams based on real-life players. Users can join different contests, compete against others, and earn points based on the actual performance of the players in real matches.
The business model of Fantasy Akhada revolves around organizing these contests and charging a commission on the entry fees paid by participants. The platform is known for its low commission rates, which means users get to keep a larger portion of their winnings compared to other platforms. This competitive pricing strategy has been a key factor in attracting and retaining users. Additionally, the platform offers a user-friendly interface and 24/7 customer service, which enhances the overall user experience.
Fantasy Akhada makes money through the commissions it charges on contest entry fees. The more users participate in contests, the higher the revenue generated from these commissions. The platform also benefits from partnerships and sponsorships, leveraging its growing user base and market presence.
In summary, Fantasy Akhada is a dynamic player in the Indian fantasy sports market, offering an engaging and transparent platform for cricket and football fans. With its low commission rates, excellent customer service, and strong endorsement, it continues to attract a loyal user base and drive growth.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Gurugram, India
- Employees
- 27
- Open positions
- None listed
- Dealroom signal
- 57.7/100
- Industry
- Gaming
- Sub-industry
- eSports, Betting & Gambling
- Sector
- Consumer Services, Fantasy Sports
- Technology
- Mobile app
- Business model
- SaaS
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Mar 2023 | $11M | $135M | Mukul Agrawal · Florintree Advisors · Varalakshmi Enterprises Family Office | ↗ |
| SEED✓Equity / VC | Sep 2021 | $2M | $8M | Sunil Sood · Nikunj Doshi · Prime Securities · Team India Managers | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Fantasy Akhada is 790 monthly website visits, up 192.6% over the last three months. Fantasy Akhada's team declined 12.9% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed8 investors entered at this stage
- HBHarsha Bhogle
Prime Securities- SSSunil Sood
- NDNikunj Doshi
Team India Managers- TBThe family of Harsha Bhogle
- JJJyotivardhan Jaipuria
- AKAtul Kasbekar
Series A3 investors entered at this stage
Mukul Agrawal
Florintree Advisors- VOVaralakshmi Enterprises Family Office
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Fantasy Akhada on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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