New Delhi: Dangal Games, the umbrella platform for online skill-based games including PokerDangal and RummyDangal, has raised $1 million (Rs 7.3 crore) in a Series A funding round.
The platform, run by Xeta Gaming Pvt Ltd, said that it has raised this capital from a strategic investor. However, it did not disclose the identity of this backer.
The company was set up by Varun Mahna, Varun Puri, Shashwat Jain, Karan Gandhi, and Manan Sobti. It claims that PokerDangal is among the top five poker-focused platforms in the country and that RummyDangal has a user base of more than five lakh.
Dangal Games says it is also planning to add fantasy games to its platform before the next edition of the Indian Premier League. It will also add casual gaming vertical by the next quarter of this year.
Dangal Games will use the funds it has raised in this Series A round to diversify its product portfolio and enhance its technological infrastructure.