24 Mar 2023
  

Ashneer Grover’s Third Unicorn CrickPe is Live: Is It the Biggest Spin in Cricket?

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Surbhi Bhatia

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CrickPe

It is a nation full of passionate cricket lovers, and the thrill during the IPL and World Cup is unexplainable. Most of us have also experienced fantasy cricket during the tournament days, skyrocketing the demand for fantasy apps

All a user needs to do is download the fantasy app and build a virtual team of the best-performing players, via which points can be earned. 

Since cricket is one of the most prominent sports in India, fantasy cricket app development is on the rise. And guess what? The industry is likely to stand at $3.7 billion by 2024. 

But why are we talking so much about fantasy cricket apps? 

Because we are exhilarated to share that BharatPe founder Ashneer Grover has launched a fantasy gaming app named CrickPe. 

Is it the biggest revolution in Cricket? Let’s read to know! 

Launch of CrickPe Ahead of IPL: A Treat for Cricket Lovers! 

CrickPe

Ahead of the Indian Cricket League 2023, Former Shark Tank judge Ashneer Grover launched his third Unicorn CrickPe and is claiming it to be India’s most unique and influential fantasy sports app

An interesting factor is that CrickPe is the only app in the world where cricketers, team owners, and cricketing bodies can win cash rewards. Not only this, but the application is all set to cover other leagues, such as Asia Cup 2023 and ICC World Cup 2023. 

Grover started planning on CrickPe in 2022, along with co-founders Madhuri Jain Grover and Aseem Ghavri, to compete with the app’s competitors, including Dream11, Mobile Premier League, and My11Circle. 

What’s significant to mention is that CrickPe will charge a 10% platform fee of the total funds acquired from any private and public contest. 

According to Grover’s social media post, the Third Unicorn’s market-shaking business is bootstrapped, and the idea of seeking funds was never on the table!
The fantasy cricket app has reportedly raised $4 million in its seed funding round, which involved the participation of over 20 angel investors. 

Key Takeaways From the Founder About Investing in Fantasy App Development

The wait is over! If you’ve been looking for reasons to invest in fantasy sports app development, here are some of the crucial takeaways from the CrickPe founder:

  1. Fantasy sports apps are an idea of aptitude, not betting.
  2. The competition is less.
  3. Expansion in user commitment.
  4. Association with popular leagues.
  5. Vast user base.

In a Nutshell! 

After Grofers and BharatPe, Grover is all set his strong foot in another sector by introducing his third unicorn. 

Is it the next big revolution in the cricket world? It’ll be unveiled soon! 

However, what is your idea about fantasy sports app development? If we are on the same page, Techugo– a leading fantasy sports app development company is all ears to discuss any potential business idea! 

How about a consultation? 

Get in touch with us today!

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