When was Zupee founded?

Zupee was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Zupee located?

Zupee is headquartered in Gurugram, India. It is registered at Apeejay Business Centre, 6th Floor, Arunachal Building, Barakhamba Road, Connaught Place, Connaught Place, Central Delhi, New Delhi, Delhi, India, 110001.

Who is the current CEO of Zupee?

Dilsher Singh Malhi of Zupee. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is Zupee associated with?

Zupee is associated with Cashgrail Private Limited.

How many employees does Zupee have?

As of Jul 31, 2025, the latest employee count at Zupee is 554.

Is Zupee a funded company?

Zupee is a funded company, having raised a total of $122M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 10, 2019.

How much is Zupee worth?

The latest valuation of Zupee is $***** as of Jan 19, 2022.

When was the latest funding round of Zupee?

Zupee's latest funding was a $***** Series B round on Jan 05, 2022, with participation from 6 investors.

What is the annual revenue of Zupee?

Annual revenue of Zupee is ₹1,170Cr as on Mar 31, 2024.

Where does Zupee rank among its competitors?

Zupee ranks 2nd amongst 369 active competitors, of which 52 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Baazi Games, which secured $232K in Jul, 2025.

Who are the top competitors of Zupee?

Zupee's top competitors include WinZO, Junglee Games and PlayStudios. Among them, Baazi Games secured the most recent funding round in July, 2025.

Zupee - 2026 Company Profile, Team, Funding, Competitors & Financials

Zupee is a series B company based in Gurugram (India), founded in 2018 by Dilsher Singh Malhi and Siddhant Saurabh. It operates as an Operator of digital platforms providing skill based board game applications. Zupee has raised $122M in funding from investors like WestCap, Z47 and AJ Capital Partners, with a current valuation of $*****. The company has 369 active competitors, including 52 funded and 13 that have exited. Its top competitors include companies like WinZO, Junglee Games and PlayStudios.

Company Details

Operator of digital platforms providing skill based board game applications. These applications offer various formats of traditional games including board and card variations. Users engage in matches that require strategic planning and timing to achieve objectives within defined constraints. The software functions on mobile and desktop devices to facilitate interactive gameplay. Each game session focuses on individual performance and decision making to determine outcomes.

Website: www.zupee.com/
Social
Email ID: *****@zupee.com
Registered Address: Apeejay Business Centre, 6th Floor, Arunachal Building, Barakhamba Road, Connaught Place, Connaught Place, Central Delhi, New Delhi, Delhi, India, 110001

Key Metrics

Founded Year

2018

Location

Gurugram, India

Stage

Series B

Total Funding

$122M in 5 rounds

Latest Funding Round

Series B, Jan 05, 2022, $*****

Post Money Valuation

$***** as on Jan 19, 2022

Investors

WestCap & 25 more

Ranked

2^nd among 369 active competitors

Annual Revenue

₹1,170Cr as on Mar 31, 2024

Employee Count

554 as on Jul 31, 2025

Investment & Acquisitions

Nucanon & 1 more

Similar Companies

WinZO & 213 more

View Zupee's full profile

Zupee is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Cashgrail Private Limited CIN: U72900DL2019PTC418467 , India, Active	Nov 28, 2019	$142M (As on Mar 31, 2024)	587 (As on Aug 01, 2025)

Zupee has raised a total funding of $122M over 5 rounds. Its first funding round was on Apr 10, 2019. Its latest funding round was a Series B round on Jan 05, 2022 for $*****. 6 investors participated in its latest round. Zupee has 14 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Zupee:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 05, 2022	3385209	Series B	6497485	9567659	6464485	8894109
Aug 17, 2021	7325624	Series B	6794289	5308371	1602401	Orios Venture Partners & 1 more
Jan 11, 2021	4556061	Series A	4719008	2453204	WestCap & 1 more	LogX & 6 more

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View details of Zupee's funding rounds and investors

The founders of Zupee are Dilsher Singh Malhi and Siddhant Saurabh. Dilsher Singh Malhi is the CEO of Zupee.

Here are the details of Zupee's key team members:

Dilsher Singh Malhi: Co-Founder & CEO of Zupee and founder of 2 other companies, Zupee and Zupee. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 2 email addresses and 1 phone number
Siddhant Saurabh: Co-Founder & CTO of Zupee and founder of 2 other companies, Zupee and Zupee. They serve on the board of 1 company.
Contact Info: 2 email addresses and 1 phone number

Zupee's Board of Directors

Zupee's board has 2 active members. Dilsher Singh Malhi and Siddhant Saurabh are part of team.

Here is the list of Zupee's board of directors:

Name	Type	Representing	Status	Duration
Dilsher Singh Malhi	Team	-	Current	6y 5m
Siddhant Saurabh	Team	-	Current	6y 5m

View details of Zupee's Founder profiles and Board Members

Zupee's employee count trend

Zupee has 554 employees as of Jul 25. The total employee count is 50.0% more than what it was in Jul 24. Here is Zupee's employee count trend over the years:

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Top competitors of Zupee include WinZO, Junglee Games and PlayStudios. Here is the list of Top 10 competitors of Zupee, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	WinZO 2018, Delhi (India), Series C	Digital platform offering a wide range of online games with monetization options and social features	$92.1M	Kalaari Capital, Courtside Ventures & 28 others	83/100
2nd	Zupee 2018, Gurugram (India), Series B	Operator of digital platforms providing skill based board game applications	$122M	Z47, WestCap & 24 others	83/100
3rd	Junglee Games 2010, Delhi (India), Acquired	Developer of online skill-based games across multiple platforms and genres	$1.94M	Uncorrelated Ventures, Velo Partners & 3 others	74/100
4th	PlayStudios 2011, Burlingame (United States), Public	Casino game development company focusing on mobile and web platforms	$36.2M	Icon Ventures, Western Technology Investment ... & 5 others	71/100
5th	Baazi Games 2014, Delhi (India), Series B	Operator of online poker and sports prediction gaming solutions	$11.3M	Psm Group, East Eight Six Advisors & 9 others	67/100
6th	GameDuell 2003, Berlin (Germany), Acquired	Casual games developer for web and mobile platform	$17.5M	Acton Capital, Wellington Partners Venture Capital ... & 2 others	62/100
7th	Jumbo 2023, Delhi (India), Seed	Online platform offering guaranteed rewards on shopping through schemes and weekly jackpots.	$1.56M	2am VC, Belltower Fund Group & 2 others	58/100
8th	SportsBaazi 2018, Delhi (India), Unfunded	Provider of real money gaming application	-	-	54/100
9th	Moonshine Technology 2017, Delhi (India), Unfunded	Developer of online poker platforms, prediction markets, and casino hardware	-	-	53/100
10th	Gameskraft 2017, Bengaluru (India), Deadpooled	Provider of online skill-based gaming	$242K	-	52/100