HalaPlay
Founded Year
2017Stage
Unattributed | AliveTotal Raised
$8.67MLast Raised
$1.22M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+47 points in the past 30 days
About HalaPlay
HalaPlay is a Daily Fantasy Sports platform focused on offering cash-based games in the sports industry. The company enables users to create virtual teams of real players from various sports, participate in contests, and win cash prizes based on the actual performance of players in live matches. HalaPlay provides a variety of leagues across international and domestic sports events, catering to cricket, football, kabaddi, and other sports enthusiasts. It was founded in 2017 and is based in Bengaluru, India.
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Expert Collections containing HalaPlay
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
HalaPlay is included in 2 Expert Collections, including Gaming.
Gaming
5,180 items
Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.
Artificial Intelligence
9,057 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Latest HalaPlay News
Oct 5, 2024
In a major reprieve, listed gaming major Nazara Technologies’ subsidiary Openplay Technologies has received an interim relief from the Calcutta High Court (HC) in connection with the INR 845.7 Cr tax notice issued by West Bengal goods and services tax (GST) authorities. In an exchange filing, the online gaming giant said that the HC has issued directions that “no effect shall be given to any order passed by the tax authority (Director General of GST Intelligence, Kolkata) in relation to the show cause notice”. The relief comes two months after Nazara’s two subsidiaries – Openplay and Halaplay Technologies Pvt Ltd, received tax notices to the tune of INR 1,119.93 Cr from DGGI, Kolkata. The show cause notice against Openplay pertains to the period between 2017-18 and 2022-23, and was issued under Section 74(1) of the CGST Act, 2017 and State SGST Act, 2017. “These claims are in relation to calculation of GST based on the sums pooled by players as opposed to gross gaming revenues,” Nazara said at the time. It also said then that both Openplay and Halaplay cumulatively contribute less than 2% of the company’s revenue and less than 1% of its total profit. RECOMMENDED FOR yOU 5th October, 2024 The tax notices came a year after the GST Council decided to impose a 28% GST on online real-money gaming on the full face value of the bets. The aftermath saw several online platforms, including Gameskraft, Delta Corp, among others, receiving GST notices to the tune of INR 1.12 Lakh Cr. Many of these companies have challenged these levies in courts. Notably, this is not the first time that Nazara has received a show cause notice to pay tax GST levy. Last year, the listed online gaming major received a GST show cause notice from the Mumbai office of the Directorate of GST Intelligence (DGGI) amounting to INR 2.84 Cr. The latest development comes at a time when Nazara is in the middle of a funding and acquisition spree. Last month, it signed a definitive agreement to acquire a 47.7% stake in Pokerbaazi parent Moonshine Technology for INR 831.5 Cr through a secondary transaction. Shares of the company closed 2.9% lower at INR 954.20 on the BSE on Friday (October 4).
HalaPlay Frequently Asked Questions (FAQ)
When was HalaPlay founded?
HalaPlay was founded in 2017.
Where is HalaPlay's headquarters?
HalaPlay's headquarters is located at HSR Layout Junction, Bengaluru.
What is HalaPlay's latest funding round?
HalaPlay's latest funding round is Unattributed.
How much did HalaPlay raise?
HalaPlay raised a total of $8.67M.
Who are the investors of HalaPlay?
Investors of HalaPlay include Milan Ganatra Ventures, Nazara Technologies, Adda52.com, Delta Corp and Kae Capital.
Who are HalaPlay's competitors?
Competitors of HalaPlay include Fantasy Akhada and 5 more.
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Compare HalaPlay to Competitors
Dream11 focuses on digital fantasy sports. The company provides a platform where users can create virtual teams of real sports players and compete in various sports games, including cricket, football, kabaddi, basketball, hockey, volleyball, handball, rugby, futsal, American football, and baseball. The performance of these virtual teams is based on the real-life performance of the players, and users can win points and cash prizes based on this. It primarily serves the digital sports industry. It was formerly known as Dream Sports. It was founded in 2007 and is based in Mumbai, India.
Games24x7 is an online gaming company that operates in the entertainment industry. The company offers digital gaming experiences, primarily focusing on skill games and fantasy sports. It primarily caters to the online entertainment industry. It was founded in 2006 and is based in Mumbai, India.
BalleBaazi is an online platform focused on fantasy sports gaming, offering users the ability to create virtual teams and participate in various fantasy leagues. The company provides a platform where users can build their own teams based on real-life player performances in sports such as cricket, football, and kabaddi, and compete for cash prizes. BalleBaazi caters to the online gaming community, providing engaging experiences in fantasy sports leagues and tournaments. It was founded in 2018 and is based in Delhi, India. BalleBaazi operates as a subsidiary of Baazi Games.
MyTeam11 is a fantasy sports platform offering a variety of online gaming experiences in the e-sports industry. The company enables users to create fantasy teams for various sports, participate in contests, and win cash prizes based on real-match player performances. MyTeam11 caters primarily to the fantasy sports market, providing services such as instant withdrawals, customer support, and fair play policies. It was founded in 2016 and is based in Jaipur, India.
Hitwicket focuses on the development of cricket gaming experiences. The company offers a cricket strategy game that aims to provide cricket fans and is expanding into football, NFTs, and blockchain gaming. It was founded in 2012 and is based in Hyderabad, India.
Mobile Premier League (MPL) is a mobile eSports platform that offers a variety of games across multiple categories, including fantasy sports, card games, and arcade games. The platform enables users to participate in free and paid competitions, providing opportunities to win real money through skill-based games and tournaments. MPL caters to a diverse audience with its wide range of gaming options, appealing to casual gamers as well as competitive players looking for a challenge. It was founded in 2018 and is based in Bengaluru, India.
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