Casino Pride Group Owner
Goa-based Casino Pride Group has bought a 30% stake in OceanKing Software Solutions LLP, the Mumbai-based company that owns and operates online gaming startup Baadshah Gaming, for an undisclosed amount.
Corwin, owner of the Pride Group in Tempe, recently won bids to handle traffic control and manage paid parking operations at the big game in Glendale, which scheduled for Feb. We will take care of them till they are in a position to fly back,' said Srinivas Nayak, Director, Casino Pride Group which owns two offshore vessels besides some onshore gaming places in the state. The group donated Rs 51 lakh to the Chief Minister's Relief Fund after the first phase of the national lockdown was announced on March 24.
“The strategic partnership is aimed at boosting the gaming portal’s agenda of venturing into the ‘click and mortar’ business model,” Baadshah Gaming said in a statement.
As part of the deal, the startup will launch its ‘Baadshah Gaming Live’ property at Casino Pride.
The partnership gives Casino Pride access to the startup’s live gaming operations, said Madhav Gupta, co-founder and partner at Baadshah Gaming.
Baadshah Gaming, which went live in May, is a portal that offers poker, fantasy league and rummy under one roof. The league ranges in size from three to 10,000 players with buy-ins starting as low as Rs 15 and going up to Rs 10,000. Users can play these games both on desktops as well as handheld devices via web browsers.
This is not the first offline-to-online bet in the gaming segment. Last year, Pune-based hospitality firm Delta Corp Ltd acquired Gaussian Networks Pvt Ltd, which operates online poker site adda52.com, in a cash-and-stock deal that valued the three-year-old startup around Rs 182 crore ($27 million).
A slew of digital gaming firms have raised venture capital money over the past few months. Most recently, Bangalore-based mobile gaming startup Mech Mocha Game Studios Pvt. Ltd raised $5 million (Rs 32 crore) in its Series A round led by venture capital firms Accel Partners and China’s Shunwei Capital.
Hyderabad-based game development company Head InfoTech India Pvt Ltd, which operates online gaming firm Ace2Three, raised $73.7 million from investors led by Canadian private equity firm Clairvest Group in April.
Casino Pride Group Owner Portal
Earlier this year, Udupi-based gaming startup 99Games Online Pvt. Ltd raised an undisclosed amount in funding from Japanese investment firm Dream Incubator. Existing investors Ascent Capital and Kalaari Capital also participated in the round.
Goa-based Casino Pride Group has bought a 30% stake in OceanKing Software Solutions LLP, the Mumbai-based company that owns and operates online gaming startup Baadshah Gaming, for an undisclosed amount.
“The strategic partnership is aimed at boosting the gaming portal’s agenda of venturing into the ‘click and mortar’ business model,” Baadshah Gaming said in a statement.
As part of the deal, the startup will launch its ‘Baadshah Gaming Live’ property at Casino Pride.
Casino Pride Group Owner Relations
The partnership gives Casino Pride access to the startup’s live gaming operations, said Madhav Gupta, co-founder and partner at Baadshah Gaming.
Baadshah Gaming, which went live in May, is a portal that offers poker, fantasy league and rummy under one roof. The league ranges in size from three to 10,000 players with buy-ins starting as low as Rs 15 and going up to Rs 10,000. Users can play these games both on desktops as well as handheld devices via web browsers.
This is not the first offline-to-online bet in the gaming segment. Last year, Pune-based hospitality firm Delta Corp Ltd acquired Gaussian Networks Pvt Ltd, which operates online poker site adda52.com, in a cash-and-stock deal that valued the three-year-old startup around Rs 182 crore ($27 million).
A slew of digital gaming firms have raised venture capital money over the past few months. Most recently, Bangalore-based mobile gaming startup Mech Mocha Game Studios Pvt. Ltd raised $5 million (Rs 32 crore) in its Series A round led by venture capital firms Accel Partners and China’s Shunwei Capital.
Hyderabad-based game development company Head InfoTech India Pvt Ltd, which operates online gaming firm Ace2Three, raised $73.7 million from investors led by Canadian private equity firm Clairvest Group in April.
Casino Pride Group Owners
Earlier this year, Udupi-based gaming startup 99Games Online Pvt. Ltd raised an undisclosed amount in funding from Japanese investment firm Dream Incubator. Existing investors Ascent Capital and Kalaari Capital also participated in the round.