Hotline: 1800 102 2007
Search Business Opportunities
May, 02 2018

social gaming startup Cricnwin Raises Seed Funding From ZDream Ventures, others

The platform claims to have more than 250,000 users with around 15,000 daily active users.

Gurugram-based social gaming platform Cricnwin has raised an undisclosed seed amount from investors led by Chinese accelerator and venture fund ZDream Ventures.

The company’s co-founders said that a group of angel investors had also participated in the round.

These high net worth individuals include Ankush Nijhawan, co-founder of business-to-business (B2B) travel portal Travel Boutique Online; Rahul Khetrapal, who runs several casinos in Goa under the brand Casino Pride; Gaurav Bhatnagar and Manish Dhingra.

Cricnwin co-founder Venus Dhuria said the company plans to use the fresh capital for product development and market expansion.

“We are also in talks for further investment as we eye expansion beyond India,” said Dhuria.

Operated by Cheruniq Technology Pvt. Ltd, Cricnwin was founded in 2015 by Dhuria and Vipul Agrawal. The duo had previously worked together at Rutogo, an intercity cab aggregator which was acquired by ixigo in 2015.

Cricnwin offers an engagement platform for cricket fans. The mobile-based app has pre-match quizzes and chat forums, live match prediction games, and post-match interactions. Participants win reward coins for every engagement, which are redeemable at platforms like Paytm and Amazon.

The platform claims to have more than 250,000 users with around 15,000 daily active users.

“We are planning to go live on various platforms such as iOS and mobile web,” said co-founder Agrawal.

“We are also planning to launch the platform in Hindi soon along with expansion in 10 major cricket playing countries.”

Related opportunities
  • Others Food Service
    About Us: Established in the year 2001,  Kakal Kai Ruchi is..
    Locations looking for expansion Karnataka
    Establishment year 2001
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Building Material
    Established in the year 2007, Excel Coatings is engaged in..
    Locations looking for expansion Tamil Nadu
    Establishment year 2007
    Franchising Launch Date 2011
    Investment size Rs. 50 K - 2lac
    Space required 300
    Franchise Outlets More than 10000
    Franchise Type Unit
    Headquater Tiruppur Tamil Nadu
  • Laundry & Dry Cleaning
    About Us: In the 60s, the textile care industry was made..
    Locations looking for expansion Maharashtra
    Establishment year 1968
    Franchising Launch Date 2013
    Investment size Rs. 20lac - 30lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Laundry & Dry Cleaning
    About U Clean: At UClean, we are building India's first organized..
    Locations looking for expansion New Delhi
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 350
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater South Delhi New Delhi
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities