HalaPlay Technologies

HalaPlay Technologies

A daily fantasy sports platform. Learn more
  • Edit
DateInvestorsAmountRound

N/A

Seed

INR400m

Series A
*

$380k

Seed
N/A

INR180m

Secondary
Total FundingCAD7.9m

Recent News about HalaPlay Technologies

Edit
More about HalaPlay Technologiesinfo icon
Edit

HalaPlay is a daily fantasy sports platform that allows cricket enthusiasts to create virtual teams of real players and compete in contests to win real money based on the players' real-world performances. The platform primarily serves cricket fans in India, offering them an engaging way to test their knowledge and skills of the game. HalaPlay operates in the online gaming and fantasy sports market, which has seen significant growth in recent years. The business model revolves around entry fees for contests, from which the company takes a commission. Users can participate in various contests, each with different entry fees and prize pools, thereby generating revenue for the company. The platform also features leaderboards and special promotions to keep users engaged. HalaPlay ensures compliance with Indian laws, including tax deductions on net winnings as per the Income Tax Act. The company aims to provide a seamless and exciting user experience, making it a trusted destination for daily fantasy sports in India.

Keywords: fantasy sports, cricket, virtual teams, real money, contests, Indian market, online gaming, user engagement, tax compliance, promotions.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.