Adda52
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Adda52 - overview
Established
2011
Location
Panaji, Goa, India
Primary Industry
Software
About
Adda52 is a prominent online poker platform in India, providing a variety of poker games and tournaments tailored for enthusiasts of all skill levels. Adda52 operates as an online poker platform that offers a range of poker variants and gaming experiences. Founded in 2011 in Panaji, India, it has participated in 1 deal, with its most recent deal occurring on February 21, 2025. The company recently underwent a Corporate Carve Out, where it raised INR 491 million in its latest funding round from Head Digital Works Pvt Ltd.
Adda52 operates as a leading online poker platform that offers a diverse range of poker variants and gaming experiences. Central to its offerings are games such as Texas Hold'em, Pot Limit Omaha, and Crazy Pineapple, which cater to both novice and experienced players. The platform is designed to enhance user engagement through a well-structured tournament system, a user-friendly interface, and educational resources, including 'How to Play' videos. Targeting a wide demographic, Adda52 serves players across India, excluding specific regions where online gaming is restricted, broadening its reach within the permissible markets.
The company positions itself as a trusted venue for poker enthusiasts, emphasizing responsible gaming practices and a commitment to player satisfaction. Revenue for Adda52 is generated primarily through real-money poker games, where players buy-in to tournaments and cash games using their funds. The platform employs a transaction structure based on entry fees for tournaments and a percentage rake from cash games. Players engage with the platform by depositing funds into their accounts and competing for cash prizes, thereby generating income for Adda52.
The platform also features promotions and bonuses that incentivize new players, creating additional entry points for revenue generation. Through its strategic positioning and offerings, Adda52 capitalizes on the growing popularity of online poker in India, fostering ongoing player engagement and loyalty. In February 2025, Adda52 was acquired by Head Digital Works Pvt Ltd. for INR 491 million, which will allow the company to expand its market offerings.
Going forward, Adda52 plans to enhance its product line by developing new poker variants and launching educational tools aimed at new players. The company is also targeting expansion into additional markets within India where online gaming regulations permit, aiming to increase its user base by the end of 2026. The funds from the recent acquisition will support these initiatives, providing resources for technology upgrades and marketing efforts.
Current Investors
Head Digital Works Pvt Ltd.
Primary Industry
Software
Sub Industries
Casinos & Gambling, Gaming
Website
www.adda52.com/
Verticals
Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Adda52 - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out | Completed | Adda52 | - |
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