9stacks is one of India's top online poker forums. Players can play any time, from anywhere, using their iOS / Android apps, Mac / Windows executables, or directly from their browsers. Prizes can be cashed out to their bank accounts or wallets. See more

Basic Information

Co-founded by Sudhir Kamath and Rishabh Mathur, 9stacks lets virtual gamers play online real-money poker. Real-money poker has a simple rake-based revenue model – every time customers wager against each other, 9stacks takes a small percentage from the winner’s pot. 9stacks also provides basic poker education as well as a skills dashboard through which gamers can analyze their own games to become better players. The major costs of the business are technology, marketing, and customer retention. The company - with an original investment of less than Rs 60 lakh - was launched in August 2017, and has been earning revenues from the first day of operations. In October 2018, the Delhi-based startup became India’s first VC-funded poker platform when WaterBridge Ventures led a $4million Series A round. Since then, 9stacks has continued to grow rapidly across India, including Tier 2 / Tier 3 markets. See more

Legal Name

:

SparSkills Technologies Pvt Ltd

Headquarters

:

New Delhi, Delhi, India

Business Model

:

B2C 

Founding Date

:

2017

No. of Employees

:

21 to 40

Core Team

:
1.

Sudhir Kamath

Co-Founder & CEO

2.

Rishab Mathur

Co-Founder & CTO

Revenue Streams

Target Market

B2C

Gamers, typically aged 24 to 29, from across India.

User Age

:

18 to 25, 26 to 34

User Income

:

Lower-middle Income, Upper-middle Income, High Income

Location

:

India

Funding

Total Funding

$7.3M

Investors

:

1.

Maheshwer Peri

2.

Swati Gupta

3.

Amit Diwan

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