Choic11 and Kubera Fantasy join FIFS as startup members

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Choic11 and Kubera Fantasy have been added to the Startup category of the Federation of Indian Fantasy Sports (FIFS). Both platforms will follow the FIFS Charter as part of the membership program.

FIFS said that the new members will have the chance to network and work with operators in India, have access to fundraising and investment opportunities as well as to a knowledge bank of market studies, reports, and expert opinions.

Speaking on the occasion, Director-General of FIFS, Joy Bhattacharjya said, “I am delighted to welcome Choic11 and Kubera to FIFS. With them, we have further strengthened our startup category and look forward to a positive collaboration with them. I am sure this membership will benefit both parties and enrich the Fantasy Sports Community in India. We believe Fantasy sports will continue to be a driver for national economic growth.”

The founder and director of Choic11, Vikas Singh said, “Fantasy sports market has great potential. We are delighted to now be a part of the larger fantasy sports community.”

Also, the founder of Kubera Fantasy, Kubera Naga Jagadeswar said, “We are looking forward to our collaboration with FIFS and the other members to further the fantasy sports industry.”

According to Choic11 Fantasy Sports Private Limited, they currently provide cricket, football, basketball, and kabaddi on their platform but will soon provide other sports too, while Kubera Fantasy offer their users with fantasy kabaddi and cricket.

To encourage innovation and ethical industry growth, FIFS has amended and strengthened its charter. The new charter places a strong emphasis on the function of the Fantasy Sports Regulatory Authority (FSRA), an independent self-regulatory organization that aims to promote best practices in fantasy sports.

FSRA consists of three former judges – Justice (Retd.) Mukul Mudgal, Justice (Retd.) G.S. Sistani and Justice (Retd.) A.K. Sikri.