As per the latest news reports, poker veteran Ramesh Rao Thotapalli’s Cards52.com received an undisclosed sum in funding. Cards52.com’s parent firm, Ayron Tech Private Limited recently received fresh inflow of funds from angel investors which led to the brand hitting $1 Million in valuation.
On the brand being valued at $1 Million Thotapalli reportedly said, “We are excited to receive this funding and support from our investors, which will allow us to take Cards52.com to the next level. We have a strong understanding of the real money gaming industry and are looking forward to introducing new games, safety features and responsible gaming options that will make the platform even more appealing to our players.”
While talking about the fresh round of funding, the poker pro and operator also mentioned the brand will up the ante when it comes to security measures, add more methods of payments and add a wide range of online games onto the multi-gaming platform.
ALSO READ: EXCLUSIVE: Ramesh Thotapalli REVEALS All About Cards52
News reports quote the parent company of Cards52.com stating that the success of the funding round is due to the platform’s potential and the rapid growth in the online real money gaming space. The online gaming platform will go live within 67 days from now as per the countdown shown on Cards52.com.
It remains to be seen how the online gaming brand attracts players from across the country. With stiff competition from other online gaming firms, it will be interesting to see what Cards52.com does to stand out with its offerings.
For the unversed, Gutshot Magazine had reported exclusively about Thotapalli fondly known as RRT launching Cards52.com. He announced the launch of Cards52.com in the real money gaming space. The online gaming site is expected to go live with poker, rummy and fantasy sports with call break and ludo to be added in the second half of 2023.
With a Masters Degree in Journalism and Communication, Mrinal Gujare currently is cruising through an exciting genre of writing and editing at Gutshot Magazine. Apart from being an Editor, Mrinal is an avid reader and a former contemporary dancer. She is also perennially hungry for intriguing scoops from across the globe. No holds barred is the rule Mrinal follows in life.
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