Head Digital Works

Head Digital Works

Developer of online casino and gambling games

Founded

2006

Headquarters

Hyderabad (India)

Status

Series A

Company Details

Website

Socials

Email

Phone

+91-4042154000

Head Digital Works is an established Indian online gaming company, recognized as one of the pioneers in the skill-gaming sector. Founded in 2006 and initially operating from a small garage, the company has grown significantly over the years, now boasting over 70 million users across multiple gaming verticals, including A23 Rummy, A23 Poker, and Cricket.com.

One-liner Service

Leading provider of online skill-based gaming applications in India.

Business Model

Head Digital Works operates as an online gaming platform that focuses on skill-based games. The company generates revenue through:

  • Entry Fees: Players pay to participate in games.

  • In-Game Purchases: Users can buy virtual goods or enhancements.

Products and Services

The company offers a diverse range of gaming products, including:

  • A23 Rummy: A popular online rummy platform.

  • A23 Poker: Online poker games.

  • Cricket.com: A fantasy sports platform focused on cricket.

Differentiation

Head Digital Works stands out due to:

  • Pioneering Spirit: One of the earliest entrants in the online skill-gaming market in India.

  • User Base: A large and active user community exceeding 70 million players.

  • Multiple Gaming Verticals: Offers a variety of games catering to different interests.

  • Strong Brand Recognition: Well-known brands in the Indian gaming industry.

Key People

Deepak Gullapalli

Key Metrics

Total Equity Funding

$91Million

No. of Funding Rounds

2

Latest Funding Round

$9.2Million, Angel

as of September 25, 2018

Post Money Valuation

$75.7Million

as of N/A

Funding Multiple

11.27

as of N/A

Investors

Khattar Group Companies

and 4 more

Employee Count

588

Similar Companies

Shortgun

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
September 25, 2018 Angel$9.2Million$75.7Million$42.0Million1.6x-
April 27, 2017 Series A$81.9Million$155.0Million-- Burman Family Holdings, Clairvest, SFG Ventures ,Khattar Group Companies, Midland Trust Company, Midland States Bank, Windy Investment, Milky Investment and Trading Company, M B Finmart, Gyan Enterprise, incorrectdomainsmapped.vdtrxn, Kahan Traders

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