Megashots Internet Private
Latest round
- Series B
Last raised
- May 2021
Total raised
- $27M
Investors
- 3
About Megashots Internet Private
Megashots Internet Private Limited is engaged in online real-money gaming, offering competitive platforms like Mega Rummy and Mega Poker. The company, headquartered in Bangalore, India, was founded by Lokesh Jangid and Mayank K, who serves as CEO.20 billion.GetMega specializes in online real-money gaming, offering core products such as Mega Rummy and Mega Poker. These platforms enable users to participate in cash games and tournaments, providing a competitive environment for poker enthusiasts and rummy players alike. Launched to cater to the rising demand for online gaming, these services primarily target individuals in the Indian market, tapping into a growing demographic of gamers seeking authentic cash play experiences. The company’s products are designed to solve the challenge of accessing traditional card games in a digital format, ensuring that users can play from the comfort of their homes while enjoying the thrill of real-money stakes.The revenue model for GetMega is structured around transaction-based income from its gaming platforms.70 for the same period. Participants typically enter cash games by depositing funds into their accounts, which allows them to engage in various poker and rummy matches. Players may accumulate winnings that can be withdrawn, subject to specific terms and conditions outlined by the company. The company is focused on enhancing its gaming platforms and exploring expansions into new markets within India, targeting the growing demand for online gaming. Specific details regarding upcoming product launches have not been disclosed, but the investment is expected to facilitate the development of new features and functionalities to attract a wider audience, further solidifying their position in the market.
Who invested in Megashots Internet Private
3 investors across 3 rounds
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Questions about Megashots Internet Private
Who invested in Megashots Internet Private?
Megashots Internet Private has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Megashots Internet Private raised?
Megashots Internet Private has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Megashots Internet Private last raise money?
Megashots Internet Private's most recent round on record is a Series B, in May 2021.
What does Megashots Internet Private do?
Megashots Internet Private Limited is engaged in online real-money gaming, offering competitive platforms like Mega Rummy and Mega Poker.
Where is Megashots Internet Private headquartered?
Megashots Internet Private is headquartered in Bangalore, India.
Which VCs invest in companies like Megashots Internet Private?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Megashots Internet Private's stage. Their profiles are linked below.
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