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Anthill Ventures backs social gaming firm Rooter Sports

January 24, 2019

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Anthill Ventures backs social gaming firm Rooter Sports

January 24, 2019

 

Delhi-based sport social gaming platform Rooter Sports Technologies Pvt. Ltd has raised Rs 1 crore ($140,320 at current exchange rate) from Hyderabad-based early-stage investment and scaling platform Anthill Ventures.

 

In a press note, the startup said that it will utilise the funding to focus on pan-India and European expansion.

 

Founded in 2016 by Piyush Kumar, Akshat Goel and Dipesh Agarwal, Rooter connects sport fans around the world as well as allows users to predict scores and play live game.

 

Rooter integrates live sport engagement with social interactions as well as live scores and data for eight sports. The platform’s primary targets are sport fans in Tier-II and Tier-III markets.

 

Rooter also provide scorecards in eight Indian languages. Currently, it covers sports like cricket, hockey, tennis, football, basketball, badminton, motorsport and kabaddi.

 

The company claims that it has connected 2.4 million sport fans through its app and web platform.

 

Anthill Ventures, which also has an office in Mauritius , primarily places early-stage bets on startups in sectors that include fin-tech, health-tech, life sciences, media and entertainment, and smart cities.

 

In a recent interaction with TechCircle, Anthill Ventures founder Prasad Vanga said that the company has made investments in more than 25 firms till date.

 

Its recent-known bet was on Swedish urban mobility electric car startup Uniti Sweden AB, where it made an undisclosed investment in May last year.

 

Last year in February, TechCircle had reported that Anthill Ventures is expecting the first close of its new early-stage technology fund.

 

First Published On: https://www.vccircle.com/anthill-ventures-backs-social-gaming-firm-rooter-sports

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