Hitwicket secures $3Mn in funding from Prime Venture Partners - Start-Up Hyderabad
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Hitwicket secures $3Mn in funding from Prime Venture Partners

 2 years ago    

Cricket is like a religion in India and is particularly a famous sport across the world. Earlier this week, a Hyderabad-based esports startup Hitwicket secured $3Mn from Prime Venture Partners in funding. Announcing this at the India Game Developers Conference (IGDC), the startup aims to utilize the funds to scale up its operations. These funds will go towards adding more features to enhance the multiplayer gameplay. Further, during the IGDC meet, they announced the launch of ‘Hitwicket Superstars’. This latest product allows gamers to go beyond just playing the game and don the hats of team managers.

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Hitwicket secures $3Mn in funding from Prime Venture Partners

Hitwicket aims to become the first mobile esports IP in India. Additionally, the startup intends to foray into blockchain gaming and build NFTs. The company’s user data clocks over 30% of it outside India with 1.3Mn minutes of gameplay every day. On average, a user session lasts approximately 45 minutes. This showcases the interest of consumers in this game and the gaming experience provided by Hitwicket elevates their time spent on such a product.

Strategy-driven gaming company, Hitwicket is a multiplayer cricket gaming application that allows users to strategize; build a team; auction players, and upgrade infrastructure. Currently, with a user base of 3 million gamers spread across 100 countries; the startup aims to deliver a world-class cricketing experience. Beginning in 2015, Hitwicket was set up by Keerti Singh and Kashyap Reddy.

Bytes On Securing Funding

“Hitwicket is designed exclusively for cricket fans across the globe who are looking to move away from the conventional bat and ball gameplay by engaging in a much more engaging format; that involves strategy and deep thinking. We commit to offering varied Hitwicket experiences for our fans and the global cricket community in the months to come”; said Keerti Singh, Founder, Hitwicket.

“India is witnessing massive growth in the gaming industry. Users between the ages of 20 and 40 form the bedrock of gaming and esports communities worldwide and India is one of the most interesting global gaming markets. Hitwicket is pushing the envelope on innovation in gaming by hosting India’s first and one-of-a-kind Esports Mobile Gaming Cricket Tournament for Cricket fans from across the globe,” said Shripati Acharya, managing partner, Prime Venture Partners.

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I am an avid reader and have a passion for writing. Being a law student coming from a commerce background, I have a flair for learning about the dynamic legal and business fraternity, as well as becoming an entrepreneur myself. Innovation, creativity, and hard work are the sole drivers to growth and is my mantra for life.

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