New Delhi: Ahead of the Indian Premier League (IPL) 2023 that begins from March 31, Ashneer Grover`s new enterprise Third Unicorn has launched a fantasy sports activities app known as CrickPe that goals to tackle Dream11 and Mobile Premier League (MPL).
“Biggest revolution in Cricket since IPL – only fantasy game paying cricketers for performance. Where you win, cricketer wins, cricket wins,” Grover mentioned in a tweet.
CRICKPE !
Biggest revolution in Cricket since IPL – solely fantasy recreation paying cricketers for efficiency !
Where you win – cricketer wins – cricket wins !!https://t.co/virVGj27DThttps://t.co/Jl0mu4lFXO@crickpe_app pic.twitter.com/uQuxXEnk4c
— Ashneer Grover (@Ashneer_Grover) March 23, 2023
CrickPe will levy a ten per cent platform payment of the whole funds obtained for any public or personal contest.
It permits gamers above 18 years of age to create a digital crew of cricket gamers and enter paid contests to earn money prizes.
“It is the only fantasy cricket app in the world where with every match, the actual playing cricketers, cricketing bodies and real team owners win cash rewards, along with the fantasy game winners,” in keeping with its description on Google Play Store.
The on-line fantasy sports activities market is at the moment dominated by Dream11.
Former BharatPe Co-founder and Managing Director Grover and his spouse Madhuri Jain Grover launched CricPe to seize a pie of the grown fantasy sports activities market.
According to a report by the Federation of Indian Fantasy Sports (FIFS) in collaboration with Deloitte, India`s fantasy sports activities market is more likely to develop from Rs 34,600 crore in FY21 to an estimated Rs 1,65,000 crore by FY25, registering a CAGR of 38 per cent.
India is the world`s largest fantasy sports activities market with a consumer base of greater than 13 crore.
Grover`s Third Unicorn has been constructing a “market shaking” enterprise which is “bootstrapped” and “without limelight”, in keeping with a latest LinkedIn publish by Ashneer.
According to information accessed by means of Tofler, the Grovers final yr registered the brand new firm. The agency had a complete paid-up capital of Rs 10 lakh and an authorised share capital of Rs 20 lakh.
Grover had mentioned he was planning to begin his personal enterprise with out searching for funds from the buyers.
