Khelgully Raises INR 3.1 Crore In Seed Funding The platform operates on real money gaming model and allows players to earn real cash while pursuing their passion for gaming

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.


Bangalore-based social e-sports RMG platform, Khelgully, has raised INR 3.1 crore in Seed funding round led by Titan Capital, along with prominent angel investors.

Khelgully operates on the real money gaming model and allows players to earn real cash while pursuing their passion for gaming. The platform also allows gamers to play with their friends, see who the real winner is and also get a referral bonus every time they invite another player to play on Khelgully.

"We are thrilled to be backed by our investors and are looking forward to building a path for a billion gamers to take up gaming as a career choice. We intend to build a collaborative platform to motivate the players, organizers, content creators, sponsors and other deep-rooted stakeholders," said Prakul Bansal co-founder of Khelgully.

"Quite clearly, will have substantial, natural tailwinds and we could see quite a few successful companies emerge from this space. The Khelgully founders have very clear ideas about building their community and infrastructure and we are equally confident in backing them," said Neil Bahal, CEO of Negen Capital and one of their primary investors.

The e-sports space is currently the fastest growing segment in the gaming industry. Various industry reports suggest that in India, the gaming market is anticipated to be valued at $7 billion by 2026 and has made its mark in multiple, mainstream sporting tournaments. India has played host to some of the most significant tournaments within e-sports, such as PUBG Mobile Series 2019 and the Electronic Sports League, further proving that the sector will grow at an unprecedented pace in the near future, said a statement.

Shrabona Ghosh


A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 

Related Topics

Business Plans

12 Reasons You Need a Business Plan

In the new book "Write Your Own Business Plan," business expert Eric Butow breaks down how a solid business plan can save your startup during those tough early days.

Money & Finance

How to Make Money Online: 10 Proven Ways to Make Money Online

Need to know how to make money online as a side gig or new career? Check out this breakdown of the 10 top online money-making methods.

Cryptocurrency / Blockchain

Why the Next Crypto Bull Run Will Be Like Nothing We've Ever Experienced

We are on the precipice of what could be the greatest transfer of wealth that has ever happened in human history.

Growing a Business

Building an Empire With No Handouts: Follow This Entrepreneur's Roadmap

Charting a course for entrepreneurs determined to achieve big.

Social Media

3 Reasons to Pay Attention to Niche Social Networks

Apps like Capture and Wisdo present a massive marketing opportunity.


5 Ways to Be a Better Listener

Evolved listening skills are key for business leaders to process feedback and build a loyal following. Here within are five steps for a more effective exchange.