On Wednesday, Halaplay Technology announced that they had received Rs 40 cr ($5.8 million USD) in funding from Nazara Technologies and Delta Corp.  Both of these companies already had strong ties to Halaplay, so it was not surprising to see them get involved in the new round of funding.

In December, Nazara had joined with Kae Capital to provide Halaplay with the same amount of investment. This was part of an effort by Halaplay to reach between $15 million and $20 million USD in funding from investors, with Nazara providing nearly 20% of the total amount that was provided.

Earlier this month, Delta joined with their subsidiary, Gaussian, to purchase nearly 32,000 equity shares of Halaplay Technologies.  This gave Delta and Gaussian nearly 15% of the total capital shares in the fantasy sports website.

Halaplay Technologies has had no problem receiving investments. Since beginning operations in January 2017, they have seen substantial growth in the number of consumers using the fantasy sports website. In 2018 alone, the company saw a tenfold increase in the number of users, and many believe that they could see a 500% or greater increase this year as well.