There’s a big demand for more gambling in India, with few choices available to the public. Pocket52, an Indian online poker site, is ready to meet that demand after completing a new seed funding round.
The Bengaluru-based poker site was founded earlier this year by Nitesh Salvi, Saurav Suman, Debashish Bhattacharjee and Satyam Verma. They boast a cryptographically secure Random Number Generator, termed RNG+, which they advertise as having passed “diehard” tests, which should give players some comfort.
The seed funding round was run by the early-stage venture capital firm Speciale Invest. Arjun Rao, General Partner at the firm, was jubilant in the press release, saying “We are excited to support Pocket52 in their vision. Their vision to bring technological innovations to the Indian online gaming sector. Of course, poker is their first game. They have a strong product differentiation around the game-play. Their integrity levels, fairness and high-quality player engagement, strengthens our confidence in them.”
The investor group included pro poker players Abhigya Sagar and Pranjal Batra, amongst others.