Latest round

Series B

Last raised

Jan 2022

Total raised

$102M

Investors

8

About Zupee

Based in India, Cashgrail Private Limited operates as Zupee is an online gaming application that specializes in casual and board game sectors. Founded in 2018 by Dilsher Malhi (CEO) and Siddhant Saurabh, and based in Gurgaon, India, Cashgrail Private Limited doing business as Zupee is an internet-based gaming company that specializes in skill-based games that pay out real money.Alpha Wave Global, Orios Venture Partners, Smile Group, Z47, Tomales Bay Capital, Nepean Capital, Westcap Management, QED Innovation Labs, and LogX Ventures, acquired? Nucanon from Antler, Futureverse Corporation Ltd, Outlier Ventures, Skalata Ventures and Paperclip Partners. The firm offers a range of games such as Ludo Supreme, Ludo Ninja, Snakes & Ladders Plus, Trump Cards Mania, and Zupee CricketBaaz, where users can play and win money within 10 minutes. The platform emphasizes legal and secure real money gaming, with RNG-certified games and instant withdrawal of winnings. Zupee generates revenue by hosting skill-based real-money games like Ludo and Carrom, charging platform fees on paid tournaments. It also leverages user engagement, game diversification, and partnerships to sustain growth while offering free-to-play options for broader reach.Alpha Wave Global, Orios Venture Partners, Smile Group, Z47, Tomales Bay Capital, Nepean Capital, Westcap Management, QED Innovation Labs, and LogX Ventures, acquired? Nucanon from Antler, Futureverse Corporation Ltd, Outlier Ventures, Skalata Ventures and Paperclip Partners. The acquisition enables Zupee to integrate Nucanon’s AI-driven storytelling technology into its platform, allowing creators to build interactive narratives and dynamic worlds that enhance user engagement at scale.

Who invested in Zupee

8 investors across 5 rounds

See all investors in Zupee

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    Jan 19, 2022

    Amount

    $54M

    Investors

    Locked

  2. Series B

    Sep 9, 2021

    Amount

    $31M

    Investors

    Locked

  3. Series A

    Jan 19, 2021

    Amount

    $9.6M

    Investors

    Locked

  4. Series A

    Apr 3, 2020

    Amount

    $6.2M

    Investors

    Locked

  5. Series A

    Mar 20, 2020

    Amount

    $0.9M

    Investors

    Locked

Questions about Zupee

Who invested in Zupee?

Zupee has 8 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Zupee raised?

Zupee has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Zupee last raise money?

Zupee's most recent round on record is a Series B, in Jan 2022.

What does Zupee do?

Based in India, Cashgrail Private Limited operates as Zupee is an online gaming application that specializes in casual and board game sectors.

Where is Zupee headquartered?

Zupee is headquartered in Gurugram, India.

Which VCs invest in companies like Zupee?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back internet companies at Zupee's stage. Their profiles are linked below.

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