KhiladiAdda revenue grows 7x in two years, projected to 21cr in FY23, SEE DETAILS

KhiladiAdda’s revenue grows 7x in two years, projected to be at 21cr in FY23 – India’s largest online gaming and micro eSports tournament…

KhiladiAdda revenue grows 7X in two years, projected at 21cr in FY23: India’s largest eSports micro-tournament and online gaming platform, KhiladiAdda, has achieved another major milestone by recording 7x growth in revenue in FY22. The company’s revenue has jumped to Rs. 11.50 Cr in FY22 from Rs. 1.58 Cr. registered in FY21 and is projected to reach 21Cr. in fiscal year 23.

Started in 2019, KhiladiAdda’s micro eSports tournament and online gaming platform enables gaming enthusiasts to play games like fantasy cricket, ludo, quizzes, Free Fire Max, Battleground India and other casual games with the opportunity to monetize your gaming skills. It strives to integrate the fun and excitement of gaming with a lucrative incentive structure that allows players to monetize their skills and time in a safe and compliant way.

KhiladiAdda revenue grows 7x in two years, projected at 21cr in FY23

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CEO Satyam Rastogi reacts

Commenting on the growth of the business, Satyam Rastogi (CEO) of KhiladiAdda said: “We are happy with our performance in the last two years and this year as well, although we believe there is a huge head start available to scale and we are confident that we will have much better numbers in FY23-24. We would continue to explore further opportunities in the growth areas of our business. We are also working to improve the revenue share mix between RMG revenue and non-RMG revenue.

To accelerate the growth of the business, KhiladiAdda is in the process of $6-7 million soon. It will allocate a substantial portion of the funds to add more games through in-house development, partnerships with third-party game development companies, and acquisitions. Actively looking to add new markets in the immediate vicinity.

Alliances and Plans

Recently, the company teamed up with Freak X Games to bring the Droid-O game and Rein Games to bring RummyAdda to its users. KhiladiAdda is also looking to expand his presence internationally, starting with Europe and the Middle East with a special focus on esports. The company is on track to establish a studio and content development center in the two regions.

To achieve business growth targets, KhiladiAdda will also focus on doubling its workforce in the next two years. KhiladiAdda has close to 3 million registered users and more than 3,00,000 monthly active users. The online gaming platform is witnessing a large number of visitors, with a new player signing up every 16 seconds on the platform. In addition to monetization opportunities, the gaming platform offers players guaranteed rewards of up to 3X, instant UPI withdrawals, unlimited referral bonuses, a low platform commission structure, effective loyalty programs, and 24-hour personalized chat support. .

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