Hyderabad, March.14 (NSS): Head Infotech Pvt Ltd., one of India’s largest online gaming companies today announced its investment of One Million USD in FanFight for a majority stake in the business. This is a result of a strategic business move to foray into fantasy sports. Head Infotech owns and operates Ace2three, India’s no.1 online rummy platform and Witty Games, a fast-rising player in the online social casino segment.
The company strives to bring a cutting edge transformation to the Indian gaming industry through their top notch innovations. With a view of further diversification, Head Infotech has entered into the fantasy gaming segment as a strategic partner to FanFight – a recently launched fantasy sports platform.
“We are excited to invest and be a part of the FanFight team’s journey. It is an excellent product and we are confident that consumers will enjoy using FanFight’s platform. We are happy to begin our innings in this industry through FanFight and wish Akhil and his team the very best.” said Deepak Gullapalli, CEO, Head Infotech India Private Limited.
On the occasion Akhil Suhag, CEO, WCFN Solutions Private Limited said, “As the new entrants on the block, we are thrilled to have India’s leading online gaming company as our strategic partner. For me, and the rest of the team, we are ready and raring to go and give the Indian audience a unique alternative to fantasy sports offerings. We have gained a lot from the Head Infotech team during the development phase and hope to continue leveraging their experience going ahead.” (NSS)