Pocket52 Raised US$1.75 Mil. from Gamescraft as Series A Funding

Pocket52 has raised US $ 1.75 million (about Rs. 13.2 crore) from game publisher Gamecraft as part of its Publisher A funding.

Gamescraft launched in 2017 and offers web and mobile games with seamless design and smooth user experience.

Nitesh Salvi, CEO and Co-founder of Pocket 52 stated “With Gamecraft on board as the lead investor, Pocket 52 now has additional operational, technical and commercial flexibility to develop and offer innovative and exciting new partnerships to customers.” Wide choice of. ”

Pocket 52 was founded in 2018. It is an online poker platform that boasts of an innovative plug and play system, which allows other gaming brands to offer online poker on their existing platforms. Users of all platforms can be linked, allowing players to share pools and compete against each other, regardless of which site or app they are logged into.

For operators, benefits include lower depositor and engagement costs and the potential for better revenue from being able to offer big games and tournaments.

The Bangalore-based company currently works with partners including Mobile Premier League (MPL), Nostragamus and calling stations.

Pocket 52 plans to raise another US $ 10 million (about Rs 75 crore) for institutional funding over the next three to six months and to add more games like Rummy to its platform.