# RummyBaazi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rummybaazi

- Industry: Software
- Headquarters: New Delhi, India
- Website: www.rummybaazi.com
- Total disclosed funding: $2.7M
- Latest round: Seed (Sep 3, 2020)
- Investors on record: 2

## About

RummyBaazi is an Indian online gaming platform specializing in card games, providing a user-friendly interface for enthusiasts to learn, play, and earn rewards in a competitive environment.RummyBaazi, founded in 2019 in New Delhi, India, operates an online gaming platform with a focus on card games. The company was established by Navkiran Singh and his team, who have prior experience in the gaming industry. In September 2020, RummyBaazi raised INR 200 million in Seed funding, with investors including Moonshine Technology Private Limited and Udtara Ventures, bringing the total amount raised to INR 200 million and the current company valuation to INR 1,157.67 mn.RummyBaazi Online provides a comprehensive platform for card games, particularly CardBaazi, tailored for the Indian market. Users can engage in various card games, learn strategies, and earn rewards through the Baazi Rewards program. The platform hosts tournaments, offers bonus codes, and provides a variety of gaming options to accommodate different skill levels, catering to both casual and competitive players.The revenue generation model of RummyBaazi Online relies on user participation in card games and the Baazi Rewards program, which enhances user engagement. Players deposit funds to take part in games, earning potential returns through winnings and rewards. While specific pricing details are not disclosed, the platform offers chances to win valuable prizes, fostering a vibrant gaming community that drives financial activity.In September 2020, RummyBaazi raised INR 200 million in Seed funding, which will be utilized to expand its product offerings and market presence. The company plans to develop new gaming products and enhance existing features over the next year. Additionally, RummyBaazi aims to penetrate new geographic markets, focusing on broader regions within India, particularly targeting tier-2 and tier-3 cities to attract more users and enhance its gaming community.

## Funding rounds

- Seed, Sep 3, 2020, $2.7M — Udtara Ventures, Moonshine Technology Private Limited

## Investors

- Udtara Ventures (https://capitalatlas.ai/funds/udtara-ventures) — Seed
- Moonshine Technology Private Limited — Seed