SparSkills Technologies Raises $1.5mn in Angel round Funding

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Delhi based online gaming startup SparSkills Technologies Pvt Ltd has raised Rs 10 crore ($1.5 million) from a group of angel investors.

Investors Involved

A number of founders and senior-level executives from various industries invested in the startup. Swati Gupta, founder of business-to-business online commerce portal Industrybuying.com, Purnima Khandelwal, founder of horticulture company INI Farms, Maheshwer Peri, founder of career information portal for students Careers360, and Sanjay Singh, founder of hospital chain and naturopathy clinic Swas Healthcare comprised the founders who participated in the round.

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Other angels included Anant Daga, managing director of fashion retailer TCNS Clothing; Kartik Sheth, chief innovation officer of telecom giant Bharti Airtel, Kedar Gavane, vice president at web research firm ComScore, Amit Diwan, senior director at global real estate investment firm Hines, Mohit Sardana, chief business officer at travel booking startup GoPro, and Shubhajit Sen, former chief marketing officer at domestic handset maker Micromax.

The startup will utilize the funds to accelerate its product and technology development as well as scale to other geographies and categories. The company said it is also significantly investing in producing its own poker-specific content to help users develop their poker skills and connect with other poker players.Kamath is an alumnus of the Indian Institute of Management, Ahmedabad. Prior to setting up 9Stacks, Kamath was managing director of Suntera Energy, an oil and gas exploration company based out of Delhi-NCR, with operations in Nigeria.