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Matrix Partners leads $8 Mn Series A funding round in Zupee


Real money gaming startup Zupee has bagged $8 million in a Series A funding round led by Matrix Partners along with Falcon Edge Capital, WestCap Group, Orios Venture Partners, and existing investor Smile Group also participated. The fresh proceeds will be utilized towards increasing the company’s user base and investing in strengthening technology, team and marketing.

Founded in 2018 by Malhi and Siddhant Saurabh, Zupee runs live quiz tournaments on its app where users compete with friends and other players for prizes. Previously, it had secured $1 million in a seed funding round from Smile Group in April 2019. (Source)


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