Falcon Edge Capital, WestCap Group, Orios Venture Partners and Smile Group also participated in the round
The live gaming platform hosts over 2000 quiz tournaments with real cash rewards
Zupee is aiming to onboard 100 Mn users in the next couple of years
Gurugram-based skill-based gaming startup Zupee has raised $8 Mn in its Series A funding round led by Matrix Partners India with the participation of Falcon Edge Capital, WestCap Group, Orios Venture Partners. Smile Group, an existing investors of Zupee, also participated in the round. Smile Group had invested $1 Mn in a seed funding round of Zupee.
With the recent funding round, Zupee is planning to improve the technology component in its gaming product. The startup is also planning to hire more employees while keeping aside some funds for marketing of the product as well.