Adda52

Adda52

Online gaming portal to play casino games in India

Founded

2011

Headquarters

Kolkata (India)

Status

Acquired

Company Details

Website

Socials

Email

Phone

1800-572-0611

Adda52 is a leading online gaming platform in India, primarily known for poker and rummy games. Here's a comprehensive overview:

Founding and History

  • Founders: Anuj Gupta and Mohit Agarwal, both IIT Delhi alumni.

  • Established: 2011

  • Initial Launch: Initially launched as a free-to-play platform, it began offering real-money games in February 2012, becoming the first Indian company to do so.

Products and Services

  • Games Offered: Texas Hold'em, Omaha, Indian Rummy, Pool Rummy, Deals Rummy, and other card games.

  • Tournaments: Hosts various online and offline tournaments, including live events in partnership with Delta Corp.

  • Security Features: Uses advanced fraud detection systems and secure SSL connections for transactions.

Partnerships and Mergers

  • Delta Corp Partnership: In 2015, Adda52 partnered with Delta Corp to host large-scale live poker tournaments. The two companies merged in 2017, enhancing Adda52's reach and credibility.

  • World Series of Poker (WSOP) Partnership: Adda52 is the official partner of WSOP in India.

Leadership and Structure

  • Founders' Background: Both founders have a strong educational background from IIT Delhi and experience in the tech industry.

  • Current Status: Anuj Gupta and Mohit Agarwal are no longer actively involved as co-founders but played a crucial role in establishing the company.

Legal and Regulatory Environment

  • Legality: Poker is considered a game of skill in India, which is legal. However, there is ongoing debate and ambiguity regarding its status in some states.

Marketing and Promotions

  • Ambassadors: Has partnered with celebrities like Chris Gayle to promote the platform.

  • Marketing Strategy: Focuses on attracting both core and recreational players through various marketing initiatives.

Adda52 is recognized as one of India's largest and most trusted online poker platforms, offering a secure and engaging gaming experience to millions of users across the country.

Key People

Anuj Gupta

Mohit Agarwal

Key Metrics

Total Equity Funding

-

No. of Funding Rounds

0

Latest Funding Round

N/A

Post Money Valuation

-

as of N/A

Funding Multiple

-

as of N/A

Investors

N/A

Employee Count

178

Similar Companies

Baazi Games

Exit Details

-

All Funding Rounds

No funding rounds available

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