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Halaplay receives investment worth Rs 9 crore from Milan Ganatra

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Prominent fintech expert and investor  as well as Miles Software founder and former CEO Milan Ganatra, steps into India’s booming online gaming ecosystem with a major investment of Rs 9 crore and 6.5 per cent equity in HalaPlay Technologies in April 2021. In his investor role the young team of Halaplay, a subsidiary of the publicly listed Nazara Technologies will be mentored.

He commented, “I have been keeping a close eye on the space. India’s online gaming ecosystem has been on a consistent upward trajectory with the market set to grow to Rs 18,700 crore by 2022. With the incredible potential it has shown so far, I felt that it was the right time to make a move. HalaPlay is amongst the top companies in the category which makes it an ideal platform to enter the space with.”

Apart from investments he is currently  spearheading his new venture, 1Silver Bullet, a fintech platform that provides gateway infrastructure for a range of tech-based avenues in areas such as wealthtech, findtech, edutech, agritech, insurance, travel tech. .

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