Zupee is an Indian online skill-based gaming platform that builds and publishes live trivia and board-game–inspired formats. Its flagship app hosts live trivia quiz tournaments and the company offers a portfolio of innovative gaming formats based on popular board games. Zupee reports an existing user base of over 10 million and has seen over 250 million gameplays on its platform. The company plans to use new capital to expand its product portfolio and market reach and to hire global talent. Zupee was founded in 2018 by IIT Kanpur graduates Dilsher Singh and Siddhant Saurabh and was incubated with funding from Smile Group. Zupee (operated by Cashgrail Pvt Ltd) runs a skill-based mobile gaming platform that lets users play real-money live quiz tournaments across a broad range of topics. The company was set up in 2018 by Dilsher Singh Malhi and Siddhant Saurabh and is Gurugram-based. It plans to use fresh capital to scale operations, expand market reach, and focus on enhancing user experience and penetration. Zupee has raised multiple rounds previously, including an $8M Series A in April last year and a $1M seed in 2019. Investors and founders say the platform delivers fair, competitive experiences and has shown industry-leading growth according to participating backers. The new funding follows strong investor interest in India’s real-money and skill-based gaming segment. Zupee operates a mobile app that runs live quiz tournaments—over 2,000 live tournaments run 24 hours a day across more than 100 topics. The app, available in English and Hindi, has recorded over five million downloads as of April 1, 2020 and sees over 10 million gameplays every month. Founded in 2018 by IIT Kanpur graduates Dilsher Singh Malhi and Siddhant Saurabh, Zupee says its user base and GTV grew over 100x and 700x respectively in the prior 12 months. The company aims to serve 100 million users and plans to invest the new capital in technology, team, and marketing to accelerate growth. Zupee’s product emphasizes competitive, knowledge-based play among friends and other gamers.

Total raised

$48M

Funding rounds

3

Latest round

Series B

Latest activity

Aug 2021