Sukoon
Latest round
- Seed
Last raised
- Jan 2016
Total raised
- Undisclosed
Investors
- 3
About Sukoon
Sukoon, founded in 2015 in Karachi, Pakistan, specializes in mobile betting applications.The company specializes in mobile betting applications tailored to the Pakistani market, providing users with access to a wide range of betting options, particularly focused on cricket. Their core offerings include mobile platforms that allow users to place bets, engage in casino-style games, and access real-time sports odds. The applications are designed to accommodate local preferences, featuring Urdu language support and local payment integration, such as JazzCash and Easypaisa. This ensures seamless transactions for a customer base that includes over 190 million mobile subscribers, with a significant user demographic consisting of sports enthusiasts and casual bettors.The revenue model for the company is structured around transaction-based fees generated from betting activities within their mobile applications. Users typically engage with the platform by depositing funds using local payment methods, which enables them to place bets on various sporting events, with a special emphasis on cricket. The firm capitalizes on a commission-based structure, taking a percentage of the total wagers or bets placed by users. This transactional approach fosters a direct-to-consumer relationship, where users are incentivized to return for ongoing betting opportunities, especially during peak sporting seasons.Sukoon is actively developing new features and enhancements for its mobile betting applications, leveraging insights gained from user interactions. The company aims to expand its reach beyond Pakistan into neighboring regions by 2025, exploring markets where mobile betting is gaining traction.
Who invested in Sukoon
3 investors across 1 round
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Funding rounds
Seed
Jan 28, 2016
Amount
Undisclosed
Investors
Questions about Sukoon
Who invested in Sukoon?
Sukoon has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Sukoon raised?
Sukoon has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Sukoon last raise money?
Sukoon's most recent round on record is a Seed, in Jan 2016.
What does Sukoon do?
Sukoon, founded in 2015 in Karachi, Pakistan, specializes in mobile betting applications.
Where is Sukoon headquartered?
Sukoon is headquartered in Karachi, Pakistan.
Which VCs invest in companies like Sukoon?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back internet companies at Sukoon's stage. Their profiles are linked below.
VCs backing internet startups at Seed
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