Categories: Other News Rummy
March 14, 2018
| On 1 year ago

Head Info Tech invests $1 million in FanFight, a fantasy gaming platform

By Koustav Shaw

From online rummy to fantasy gaming, Hyderabad based Head Info Tech, is changing the way of online gaming.  Head Info Tech which is currently in possession of the online rummy gaming company Ace2Three advanced on digital platform of fantasy gaming known as FanFight with $1 million.

Head Info Tech, dreamt of developing their own fantasy gaming platform but couldn’t see it through but now with the support of their investor, A Canadian investment firm known as Clairvest Group which invested $73.7 million to Head Info Tech, aims to proceed further with the fantasy gaming platform if it meets their expectations.

In a press conference when asked about their recent investment in fantasy gaming, Deepak Gullapalli, founder of Head Infotech stated publicly that “We have set our eyes on a fantasy gaming platform for some time now and then we came across this fantasy gaming platform called FanFight. We were impressed with the prototype and thought of acquiring a majority stake in this startup, where they would be like a subsidiary to Head InfoTech and in the meantime we will pool in our resources for developing our own fantasy gaming platform. Our concept is very unique than the other fantasy gaming platforms that are currently trending in India.” The funds invested are being used for marketing, hiring tech and analytical talent, as well as scaling the product so that it can easily compete with its competitors.

FanFight let you choose six players, for example if we are considering a cricket match, a user has to choose two bowlers, two batsmen, one wicket keeper and one all rounder.

Talking of the future of FanFight, “We are presently focusing on cricket, but after the IPL, we will also focus on football, kabbadi and other sports,” said cofounder Akhil Suhag.

The cash prize pool per match can go up to Rs 5 lakh. According to Suhag, in the last India Sri Lanka cricket match the highest earning player made Rs 8,000.

Head Info Tech invests $1 million in FanFight, a fantasy gaming platform was last modified: March 14th, 2018 by Koustav Shaw
Koustav Shaw

I always hate talking about myself because it feels weird to talk about myself honestly. Ever think that it's weird? No? Just me? My bad. Always hungry, always sleepy and in between always writing. Hope you won't mind!

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