Former Microsoft GM Rahul Sood’s Startup Unikrn Raises $7 Mn In Series A From Binary Capital, Mark Cuban & Others

Former Microsoft GM Rahul Sood’s Startup Unikrn Raises $7 Mn In Series A From Binary Capital, Mark Cuban & Others

Founded in 2014, by former Microsoft GM Rahul Sood, Unikrn a gaming startup has raised over $7 Mn in its Series A round of funding led Jonathan Teo and Justin Caldbeck of Binary Capital, who are known for early investing in companies such as Twitter, Snapchat, Instagram, Whisper, Taskrabbit and more. With the funding, Unikrn will further the development of its revolutionary eSports platform, Unikrn.com, which offers safe and legal wagering on competitive video games matches and tournaments around the world.

Unikrn, a gaming and eSports company lets customers watch the world’s best professional gamers participate in live gaming tournaments around the world. Unikrn features tournaments for AAA titles such as League of Legends, Dota2, Counter-Strike, Heroes of the Storm, and others.

 

U

Also, for customers located in jurisdictions that permit online betting, the Unikrn platform provides an opportunity to bet on the outcomes of matches and tournaments through a range of bet types common in more traditional sports betting markets.

On this development, Rahul Sood, CEO and co-founder, Unikrn said, “Working with Jonathan and his team has been an experience to say the least. They have helped us pivot at the beginning, and they always refer to us as ‘we’ even before they pulled the trigger. They’re an incredible partner with vast consumer branding and eSports experience. And, with the help of our other amazing investors, our vision of bringing safe and legal wagering on eSports to consumers around the world is now well within our grasp.”

This round takes the total funds raised by Unikrn to $10 Mn, previously it had raised its seed funding of $3 Mn.


Welcome to Flash Feed, your essential source for breaking news and innovation from around the web – bite-sized and updated all day.


You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Former Microsoft GM Rahul Sood’s Startup Unikrn Raises $7 Mn In Series A From Binary Capital, Mark Cuban & Others-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Former Microsoft GM Rahul Sood’s Startup Unikrn Raises $7 Mn In Series A From Binary Capital, Mark Cuban & Others-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Former Microsoft GM Rahul Sood’s Startup Unikrn Raises $7 Mn In Series A From Binary Capital, Mark Cuban & Others-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Former Microsoft GM Rahul Sood’s Startup Unikrn Raises $7 Mn In Series A From Binary Capital, Mark Cuban & Others-Inc42 Media
Former Microsoft GM Rahul Sood’s Startup Unikrn Raises $7 Mn In Series A From Binary Capital, Mark Cuban & Others-Inc42 Media
You’re in Good company