Kathy Yang Chiu-Chin has made history as the first woman to be appointed as a rotating Chief Executive Officer (CEO) of Foxconn, a global leader in electronics manufacturing. She is one of the most influential figures in the tech investment world, known for her strategic holdings in Foxconn (Hon Hai Precision Industry Co.), the world’s largest electronics manufacturer.
Her appointment marks a pivotal step towards gender diversity in leadership at Foxconn, showcasing the company’s commitment to nurturing top-tier talent and embracing innovation. As Foxconn’s new rotating CEO, Yang brings extensive experience in logistics, trade compliance, and operational management.
She has been playing a pivotal role in optimizing the company’s global logistics network, streamlining its supply chain, and leading JUSDA, Foxconn’s logistics subsidiary, to international success. Her expertise in digital transformation within logistics positions her as a key player in driving Foxconn’s next growth phase. Let’s explore her career, achievements, and contributions to Foxconn’s global empire.
Kathy Yang Chiu-Chin – Biography
Name
Kathy Yang Chiu-Chin
Nationality
Taiwanese
Current Position
Rotating CEO of Foxconn (Effective March 31, 2025)
Current Roles
– Global Chief Campus Operation Officer, Foxconn – Chief Logistics and Trade Compliance Officer, Foxconn – CEO of JUSDA (Foxconn’s Logistics Subsidiary)
Kathy Yang Chiu-Chin – Professional Journey and Achievements
Kathy Yang’s career has been deeply rooted in supply chain management and logistics. She is serving as Foxconn’s Global Chief Campus Operation Officer and Chief Logistics and Trade Compliance Officer. Her leadership has streamlined global operations and enhanced efficiency across Foxconn’s manufacturing hubs.
As Chairperson and CEO of JUSDA, Foxconn’s logistics arm, Yang transformed the subsidiary from an internal logistics unit into a global provider with annual revenues exceeding USD 2.5 billion. Under her leadership, JUSDA expanded its footprint across North America, Europe, and Southeast Asia, securing partnerships with Fortune 500 companies.
Yang spearheaded the adoption of cutting-edge digital technologies to modernize supply chain operations, including:
AI-Powered Logistics Solutions: Yang embraced artificial intelligence (AI) to optimize various logistics functions. Through AI-driven tools, she enhanced demand forecasting, enabled predictive maintenance, and improved route optimization for global transportation, leading to lower operational costs and faster delivery times.
Cloud Computing Integration: Recognizing the need for real-time data access and operational flexibility, Yang oversaw the migration of JUSDA’s operations to cloud-based platforms. This shift has enabled Foxconn to manage its global supply chain with greater agility, reducing bottlenecks and improving overall performance.
Big Data Analytics: By leveraging big data, Yang has helped Foxconn and JUSDA gain valuable insights into supplier performance, inventory management, and risk mitigation strategies. This data-driven approach has allowed the company to minimize disruptions, enhance supplier collaboration, and reduce operational costs.
In addition to these technological advancements, Yang has also focused on the vital emphasis on sustainability within logistics. She championed eco-friendly strategies, such as carbon-neutral warehousing and the introduction of electric vehicle fleets for last-mile delivery. These initiatives have helped Foxconn reduce its environmental footprint and aligned the company with global sustainability goals, making it a leader in green logistics. In recognition of these efforts, JUSDA has earned accolades for its sustainable logistics practices, further solidifying its reputation as a forward-thinking logistics provider.
Yang’s leadership has been marked by a commitment to operational excellence, focusing on efficiency, agility, and sustainability. Under her watch, JUSDA has grown into a comprehensive global supply chain solutions provider, capable of meeting the diverse needs of Fortune 500 companies. Her impact is also evident in the company’s strategic expansion, as she led efforts to develop a robust international network that allows Foxconn to deliver products and components seamlessly across the globe.
Another cornerstone of her success is her ability to analyse the complex terrain of international trade compliance and logistics. Yang’s deep understanding of global trade regulations has enabled Foxconn to streamline its cross-border logistics operations, ensuring the company stays compliant while maintaining operational flexibility.
Kathy Yang has positioned Foxconn and JUSDA as industry frontrunners through her innovative thinking and exceptional leadership. Her work has not only improved the efficiency of Foxconn’s global operations but also reshaped the way modern supply chains function, integrating technology, sustainability, and efficiency into the very core of business operations.
Foxconn recently introduced a rotating CEO system, focused on training senior executives for leadership roles at the highest level. Kathy Yang’s appointment signifies the company’s dedication to leadership diversity and inclusivity. Under her tenure, she is expected to implement digital innovations, enhance global trade compliance, and further strengthen Foxconn’s supply chain resilience. (Source: Foxconn Corporate Announcements, 2025)
Foxconn Chairman Young Liu has previously emphasized the need for more women in leadership roles. Yang’s rise to the CEO designation aligns with this vision, demonstrating Foxconn’s commitment to fostering gender equality within its corporate structure. According to Board Stewardship Reports, Foxconn’s leadership strategy is built on succession planning and empowering executives with cross-functional expertise. Yang’s leadership is expected to drive strategic decision-making that aligns with Foxconn’s long-term growth objectives.
Kathy Yang Chiu-Chin – Strategy and Vision for the Future
Kathy Yang’s strategic approach to leadership at Foxconn revolves around innovation, efficiency, and sustainability. Her key strategies include:
Digital Transformation: Implementing AI, big data, and cloud-based solutions to optimize Foxconn’s logistics and supply chain management.
Supply Chain Resilience: Strengthening global supply networks to mitigate risks and enhance operational agility.
Sustainable Manufacturing: Promoting eco-friendly production practices and reducing the environmental impact of Foxconn’s operations.
Workforce Development: Investing in training programs to upskill employees and foster a culture of continuous improvement.
Global Trade Compliance: Ensuring adherence to international trade regulations while streamlining cross-border logistics.
Expansion of JUSDA: Scaling Foxconn’s logistics subsidiary into a premier global supply chain solutions provider.
Leadership Diversity: Advocating for greater gender inclusivity and equal opportunities in Foxconn’s leadership structure.
Her tenure as rotating CEO is set to be a defining period for Foxconn, positioning the company as a leader in tech-driven logistics and manufacturing excellence. With her extensive experience, strategic insight, and commitment to innovation, Yang is set to play a crucial role in shaping Foxconn’s future.
Kathy Yang Chiu-Chin – Interesting Facts For 2025
Here are 10 fascinating facts about Kathy Yang Chiu-Chin that highlight her career, leadership, and influence in the global supply chain and technology sectors:
Recognized Global Diversity Leader: Kathy Yang was honored as a winner in the Specialist category at the WeQual Awards, Asia-Pacific 2023. This prestigious recognition highlights her influence as a champion of women in the C-suite and a leader in global diversity.
WeQual Awards Finalist: Yang was selected as one of 24 finalists for the WeQual Awards, which recognize exceptional executive leaders. Following a rigorous and highly competitive assessment process, she emerged as one of the eight category winners.
Pivotal Role in Foxconn’s Rotating CEO System
Foxconn recently implemented a rotating CEO system to cultivate future leadership talent. Kathy Yang’s appointment as a rotating CEO demonstrates Foxconn’s commitment to leadership diversity and succession planning, ensuring smooth transitions in its executive ranks.
Strong Advocate for Gender Diversity
Foxconn Chairman Young Liu has emphasized the importance of women in leadership, and Kathy Yang’s rise reflects this shift. She has been vocal about promoting more women executives in the logistics and technology sectors, helping to reshape Foxconn’s corporate culture.
Led Foxconn’s Supply Chain Through Global Disruptions
During the COVID-19 pandemic, global supply chains faced unprecedented challenges. Yang’s leadership in supply chain resilience and risk management helped Foxconn minimize disruptions, optimize logistics, and maintain steady production despite economic uncertainty.
Kathy Yang is Foxconn’s first female rotating CEO and is recognized as a logistics expert significantly impacting global supply chains.
What is a rotating CEO at Foxconn?
A rotating CEO structure likely involves different individuals taking on the CEO role for a set period, possibly to bring diverse perspectives and leadership styles to the company.
What is Kathy Yang’s background ?
Kathy Yang is described as a “logistics genius,” indicating a strong background and expertise in supply chain management and logistics operations.
FINDI Ltd (ASX: FND) has announced the appointment of Mr. Amit Nigam as Executive Director and Chief Executive Officer (CEO) of BANKIT, following the company’s successful acquisition earlier this year. Mr. Nigam, who previously served as the Chief Operating Officer of BANKIT, has proven instrumental in the company’s remarkable growth trajectory, successfully launching the brand, expanding operations, and establishing BANKIT as one of India’s fastest-growing fintech firms focused on financial inclusion.
In his new role as Executive Director and CEO, Mr. Nigam will lead BANKIT’s integration with FINDI’s ecosystem. This strategic integration will expand the suite of Phygital services offered by BANKIT to the citizens.
From pioneering financial inclusion to empowering over 1,50,000+ merchants across the country, BANKIT has always been at the forefront of transforming India’s digital banking landscape. Today, it takes a significant step forward as it officially joins the FINDI family, ushering in a new chapter of scale, impact, and innovation.
Deepak Verma, MD and CEO of FINDI, said, “We are excited to elevate Amit to this leadership position. His thought leadership, can-do approach and deep understanding of India’s financial landscape have been instrumental in building BANKIT’s digital payment platform. His elevation reflects our confidence in him and his ability to continue BANKIT’s growth momentum, in line with FINDI’s vision for taking WLA(White Label ATMs) to the masses, driving financial inclusion for the underserved.”
Amit Nigam, Executive Director & CEO, BANKIT, commented,“I am honored to take on this expanded role at such a pivotal moment in BANKIT’s journey. Our integration with FINDI group provides us with the resources and expertise needed to accelerate our mission of redefining India’s financial services landscape. Together, we will focus on creating a more inclusive and innovative financial ecosystem that empowers millions of Indians with access to essential banking and financial services.”.
BANKIT’s extensive merchant network will play a crucial role in FINDI’s strategy of building a full-stack financial services ecosystem serving the underserved, with particular emphasis on enabling access to basic banking services through White Label ATMs and digital platforms.
About BANKIT
Founded with a vision to transform the financial landscape of India, BANKIT has grown into a trusted name, offering a wide range of digital and assisted financial services. Its extensive agent network and commitment to innovation have positioned it as a key enabler of financial inclusion in the country.
About FINDI Ltd.
FINDI Ltd. is a company listed on the Australian Stock Exchange (ASX) builds a Financial Services Marketplace for the underbanked through their merchant network in India. Currently, FINDI, via TSI, operates 7,500+ Brown Label ATMs in partnership with major Indian banks, and provides Financial and Payment Services through 50,000+ merchant partners via its brand FindiPay. The company has also recently acquired Indicash, Tata Communications’ White Label ATM business, giving it Payment Switch capabilities, as well as the ability to deploy its own ATMs at their merchant partners.
Zach Yadegari, an 18-year-old entrepreneur, has disclosed that he was turned down by prestigious Ivy League schools as well as other prestigious American universities. He took to X to share the names of all the universities that turned him down and the select few that accepted him. He is the creator and CEO of Cal AI, a nutrition tracking software. The millionaire from New York was unable to gain admission to several of the best universities in the United States, including Harvard, Princeton, Yale, Stanford, and MIT. His applications were rejected despite having a multimillion-dollar corporation and an outstanding academic record. As he described himself in the post, he claimed to have a 4.0 GPA and an ACT score of 34. At the moment, his startup brings in around $30 million a year, or about INR 3 crores. Stanford, MIT, Harvard, Yale, WashU, Columbia, University of Pennsylvania, Princeton, Duke, USC, UVA, NYU (New York University), Brown, Vanderbilt, and Cornell were among the universities that denied Zach Yadegari entrance. He did, however, succeed in getting accepted to the University of Miami, the University of Texas, and the Georgia Institute of Technology (Georgia Tech).
Yadegari Started Coding from the Age of 7
Yadegari also revealed his college admissions essay in the follow-up piece. In his post, he acknowledged that at first he thought further education was unnecessary. He disclosed that he began learning to code at the age of 7 and released his first application at the age of 12. He built a six-figure internet gaming business at the age of sixteen. He continued by outlining his decision to move to San Francisco to establish Cal AI, forgoing formal schooling in favour of practical experience. With millions of dollars in revenue, the software that tracked calories from food photos using AI swiftly rose to the top in its category. He started to feel that something was lacking even though he was financially successful and surrounded by mentors and investors who supported the notion that he didn’t need education. “I realised in college that it’s more than just a rite of passage,” Yadegari continued. “College serves as a means of elevating the work I have consistently produced,” he added. He intended to learn from people in this new stage, not simply from computers or textbooks.
Social Media Posts went Viral
Users were shocked by the low acceptance rate as soon as the post went viral on the internet. But some criticised his bad college admissions essay and entitlement. One commenter said that after reading Yadegari’s personal statement, he could see why several prestigious universities could have rejected his application. “You opened with a strong stance against college, and while your change of heart is compelling, the essay doesn’t quite answer the natural follow-up questions,” noted the person who commented.
The Microsoft co-founder reflected on the company’s early years on his Gates Notes blog on April 2nd in honour of the company’s 50th anniversary this year. Although Gates has undoubtedly written a lot of code over the past 50 years, he referred to this as “the coolest code I’ve ever written”. Further, he posted a picture of himself with the code displayed on a massive stack of paper. According to Gates, the cover image of the January 1975 issue of Popular Electronics magazine, which showed the Altair 8800—a groundbreaking personal computer made by a little business named MITS—inspired him. The developers of Altair were contacted by 19-year-old Gates and his Harvard friend Paul Allen, who informed them that they had a BASIC programming language for the microprocessor that powered the Altair 8800. The Altair could be programmed using such software.
How Microsoft came into Existence?
For two months, Gates and his friends worked around the clock coding the software they said already existed. After Gates and Allen showed the code to the MITS president, the software was licensed. According to Gates, their new business, which they chose to name Micro-Soft, released Altair BASIC as its debut product. Gate added that the hyphen was eventually eliminated later. The rest, as they say, is the history of software. That 50-year-old code is available for download from Gates’ post. He went on to say that although computer programming has advanced significantly over the past 50 years, he is still quite pleased with the final product.
‘The Next Day’ by Melinda Gates
Melinda French Gates, Gates’s ex-wife, was also in the news on April 2 since her new book, The Next Day, will be releasing on April 15. She is talking candidly about the dissolution of her marriage to Gates as that date draws near. After 27 years together and three kids, the couple were separated in 2021. Melinda French Gates claimed in her book that she was “having nightmares about a beautiful house collapsing all around her — and then waking up in a panic night after night” in 2019. She said she was troubled by Bill Gates’s meetings with child sex offender Jeffrey Epstein and agreed with his public admission that he wasn’t always faithful in the marriage.
Since then, Bill Gates has expressed regret over his encounter with Epstein. Eventually, Melinda French Gates claimed that her nightmares would transform into pictures of her family perched on a cliff edge, where she “plummeted” into nothingness. According to media reports, she wrote, “I knew, in that moment, that I was going to have to make a decision — and that I was going to have to make it by myself.”
Amid declines in Xiaomi orders, Foxconn’s India subsidiary Bharat FIH is allegedly considering changing its strategy. This step is taken to concentrate on Apple’s supply chain service rather than competing in the electronics manufacturing services (EMS) market. Bharat FIH, which has been struggling since a number of its board members left last year, has reorganised its board. Now the firm has added two new independent directors: Payal Koul Mirakhur, cofounder and chief business officer of UExcelerate, and Arun Todarwal, a chartered accountant. Mirakhur joined the board of Bharat FIH in September 2024, according to her LinkedIn page. The board now consists of Abraham Joseph as managing director, Yu Yang Chih and Kam Wah Danny Tam as non-executive directors, and chairman Hui Chung Chen, according to the company’s official website.
Moving Away from EMS Market
According to a media report, Bharat FIH is trying to change its course after encountering a snag because of a sharp decline in orders from its main customer, Xiaomi. According to a media report, the business is now providing equipment maintenance and servicing for Apple suppliers. Thus far, the EMS company has collaborated with Tata Electronics-owned Pegatron and Wistron, as well as Foxconn Hon Hai at its Bengaluru and Chennai facilities. According to a source, Bharat FIH has been working on this project for the past year or so and wants to become an independent service provider to these players. Bharat FIH has personnel on hand who are trained to examine the maintenance of these devices, which are positioned at the locations of Apple suppliers. Formerly known as Rising Stars Mobile India, Bharat FIH was founded in Andhra Pradesh in 2015.
The company is a well-known supplier of smartphones from major brands like Apple and Xiaomi and is among the biggest EMS companies in the nation. In addition to assembling iPhones for Apple, it also manufactures televisions, hearables, telecom network equipment, mobile phones, and parts for electric vehicles. Bharat FIH operates two additional facilities in Sungavarchatram and Sriperumbudur, close to Chennai, India, in addition to its Sri City plant in Andhra Pradesh. According to information on its website, it currently has 25,000 employees.
Foxconn Aims to Increase iPhone’s Production
Foxconn plans to expand its iPhone production to 25–30 million devices at its facilities in India during the current year. Over the past three to four months, the manufacturer has been experimenting with limited testing activities at its new Bengaluru facility. This testing is done to check if the company can build Apple’s flagship product at scale without compromising quality standards. The iPhone manufacturer will receive an incentive of INR 6,970 Cr under the state’s Electronics System Design and Manufacturing (ESDM) policy in early March, according to Karnataka Chief Minister Siddaramaiah’s state budget speech.
New Delhi [India], April 4: What began as a shared passion between two high school friends has now become one of Bangalore’s most promising creative and technology firms. WODO, founded by Shyam Singh Bhati and Suhas Ashok, started in 2019 as a small consultancy focused on helping brands build digital presence through design and web development. Today, the company has secured a strategic investment from Invenger, a global IT solutions firm with a presence in US, Australia, Dubai and India, specializing in Enterprise Software, Artificial Intelligence, Cloud Services, and BPO operations.
Building a Brand — And Then Helping Others Do the Same
Shyam and Suhas, bonded by their school days and a shared interest in brand-building and problem-solving, launched WODO with the ambition to move beyond just “designing websites.” They wanted to help businesses communicate better, position themselves strategically, and acquire customers effectively. With no external funding initially, the duo worked closely with local businesses, gradually moving on to larger clients as their reputation grew.
Over the years, WODO evolved into a 20-member team, completing over 180 projects across six countries. Their portfolio now includes noteworthy brands like Hombale Films, Lenskart, Mars Daily, BJP Bangalore, and the India Pavilion. Their unique approach—combining brand strategy, high-conversion UI/UX, and performance-driven marketing—has helped clients achieve tangible business results.
The Invenger Partnership
The newly announced investment from Invenger (undisclosed amount) is not just a capital infusion but a strategic partnership. Invenger, which serves several Fortune 500 clients primarily in the US insurance and financial services space, sees WODO as the ideal creative and marketing complement to its enterprise and cloud capabilities.
“WODO’s ability to blend design with measurable performance makes them a valuable addition to our ecosystem,” said an Invenger executive. “As we expand our enterprise offerings, we believe WODO will play a pivotal role in enhancing customer acquisition, brand engagement, and digital transformation for our global clients.”
Staying True to Their Roots
Despite its rapid growth, WODO maintains its founding philosophy—solving real business problems through thoughtful design, research-led processes, and client-first strategies. The company has also built proprietary client onboarding systems and an internal client portal to streamline communication and project execution.
CEO Shyam Singh Bhati commented, “This partnership comes at a crucial time as we strengthen both our technology and creative teams. Our goal is not only to scale but to elevate the standards of how digital experiences are built for businesses globally.”
Co-founder and CMO Suhas Ashok, who now heads the UAE branch, believes the Invenger partnership will open doors to larger enterprise collaborations and international growth.
“We are building beyond just a service company,” Suhas says. “We’re preparing businesses for a future where discoverability will be driven by conversational engines, AI assistants, and intelligent search—not just traditional SEO.” WODO has recently introduced Generative Engine Optimization (GEO), a forward-looking service aimed at optimizing brands for AI-driven search and discovery.
With Invenger’s support and their unwavering commitment to creativity and strategy, WODO is poised to enter its next chapter — one marked by global expansion, product innovation, and a deeper impact on how brands and customers connect.
In the ever-evolving world of online gaming, one genre has taken the Indian market by storm: online fantasy games. These games tend to give captivating virtual experiences and have become popular among millions across the country. After all, who wouldn’t want to create their own dream team and earn real money while playing their favorite sports?
As the popularity of online gaming continues to increase, the Indian fantasy sports sector is sure to experience exponential growth. The projections for the future are even more inspiring, with estimates indicating a potential rise to an astounding Rs 25,240 crore by FY27, showcasing an exceptional compound annual growth rate (CAGR) of 33%.
Let’s delve into this thriving industry and explore the leading fantasy gaming companies in India.
How Big is Gaming Industry? | Gaming Industry in India
Fantasy Games in India – An Overview
Facts about Fantasy Games
The Indian fantasy gaming industry is experiencing a remarkable surge, reshaping the gaming landscape with its innovative offerings. With the number of gamers projected to expand from 420 million in 2022 to 500 million by 2025, it’s clear that the craze for online gaming is on the rise. The fantasy gaming industry in India has seen rapid growth, with a 20% revenue surge in the past year. In-app purchases, the fastest-growing segment, soared by 41%. With a projected CAGR of 20%, the sector is expected to surpass $9.2 billion by FY29.
Prominent players in the fantasy sports arena, such as Dream11, 11 Wickets, and more, establish strategic partnerships with official sports leagues like the IPL, Test Matches, and Kabaddi leagues. These collaborations not only enhance the credibility of their platforms but also offer users an authentic and immersive gaming experience.
The Indian fantasy gaming industry has started to boom in terms of startup culture. Learn more about how fantasy gaming startups are changing the gaming industry.
Indian Fantasy Sports Industry
Fantasy Sports Survey
Fantasy sports have been surveyed with respect to two parameters: time-frequency and age group.
Time-Frequency: A report by KPMG (2019) says that approximately 75% of the respondents play fantasy sports 1-3 times a week, with the majority of them playing once a week. About 20% of the respondents reported playing more than five times a week.
Age groups: It’s observed fairly consistently in the age groups of 18–24 and 25–36, with nearly 80% of the respondents playing 1-3 times a week; the 37–50 age group was seen to have a much higher engagement. Nearly 50% of the respondents in the 37–50 age group reported playing fantasy games more than four times a week.
As fantasy gaming continues to gain popularity in India, the landscape becomes increasingly competitive, offering higher cash rewards for participants. This trend initially gained momentum with cricket, coinciding with the introduction of the Indian Premier League (IPL) in 2008. Today, the options for fantasy gaming extend beyond cricket, encompassing a wide array of sports such as football, hockey, kabaddi, carrom, pool, badminton, basketball, and more. This diverse range of sports provides participants with a plethora of choices and opportunities to engage in their favorite games through fantasy sports platforms in India.
Here is a list of the Fantasy Sports Companies in India:
Dream 11
Startup Name
Dream11
Headquarters
Mumbai, Maharashtra, India
Founder
Bhavit Sheth, Harsh Jain
Founded
2007
Website
dream11.com
Dream11 – Online Fantasy Game Startups in India
Dream11 has completely transformed the online gaming landscape in India, captivating the hearts of sports enthusiasts across the nation. As the country’s very first gaming startup in the unicorn startup club, Dream11 has achieved remarkable heights, leaving an incredible mark on the industry. The company’s amazing journey includes the prestigious honor of being announced as the official partner for the Indian Premier League (IPL) by the Board of Control for Cricket in India. With a four-year exclusive contract, Dream11 has also taken the helm as the official fantasy game of the IPL, solidifying its position at the forefront of the industry. Dream11 is a popular online fantasy app that allows users to create their own teams and compete in various sports for real cash prizes.
Dream11’s unparalleled success not only solidifies its position as a market leader but also serves as an inspiration for countless aspiring entrepreneurs and startups. By seamlessly blending the excitement of sports fandom, strategic thinking, and exhilarating gameplay, Dream11 has struck a chord with millions of users, redefining the future of online gaming in India.
Games24x7
Startup Name
Games24x7
Headquarters
Mumbai, Maharashtra, India
Founder
Bhavin Pandya, Trivikraman Thampy
Founded
2006
Website
games24x7.com
Games24x7 – Fantasy Sports Companies in India
Another popular unicorn startup on the list of online fantasy game startups in India is Games24x7. Games24x7 is a popular online gaming company in India that has left an incredible mark on the industry. With a strong focus on skill-based and casual games, it offers a wide range of captivating experiences for players of all ages. Its flagship products, RummyCircle and My11Circle, have gained immense popularity, providing players with amazing gameplay and real-money prizes.
What sets Games24x7 apart is its relentless pursuit of innovation, utilizing behavioral science, technology, and artificial intelligence to create unforgettable gaming experiences. In 2022, Games24x7 became a unicorn startup, further solidifying its position as a true industry leader.
Mobile Premier League (MPL)
Startup Name
Mobile Premier League (MPL)
Headquarters
Bengaluru, Karnataka, India
Founder
Sai Srinivas Kiran G, Shubh Malhotra
Founded
2018
Website
mpl.live
Mobile Premier League (MPL) – Online Fantasy Game Startups in India
Mobile Premier League (MPL) is India’s leading eSports and mobile gaming platform, offering a wide array of games across various categories. With over 60 games available for free download, MPL caters to diverse gaming preferences, including fantasy sports, card games, puzzles, action games, and more. MPL allows users to engage in real-money games such as rummy, chess, fantasy cricket, and more, providing the opportunity to win cash prizes. The platform promises an unparalleled gaming experience, offering unlimited entertainment and a chance to compete with real players. Whether you’re a fan of sports, card games, or brain-teasing puzzles, MPL, with Virat Kohli’s endorsement, offers a dynamic and exciting gaming environment. It is one of the best fantasy cricket sites in India.
Gameskraft
Startup Name
Gameskraft
Headquarters
Bengaluru, Karnataka, India
Founder
Prithvi Singh
Founded
2017
Website
gameskraft.com
Gameskraft – Online Fantasy Game Startups in India
Gameskraft Technologies Pvt. Ltd. is an exciting online gaming company making waves in India’s gaming landscape. With a focus on skill-based games, Gameskraft has quickly gained prominence since its inception in 2017. Headquartered in Bengaluru, Karnataka, the company was founded by passionate gamers who wanted to create captivating gaming experiences for players across web and mobile platforms. Safety, security, and ethical gameplay are top priorities for Gameskraft, ensuring a trusted environment for gamers. Its popular gaming platforms, including RummyCulture and Gamezy, offer players thrilling and rewarding adventures, making it one of the favorites when it comes to online fantasy games.
Fantasy Akhada – Fantasy Sports Companies in India
Fantasy Akhada, a startup based in Gurugram, is dedicated to bringing the excitement of a real-life akhada (sporting arena) to mobile devices through its innovative tech platform. With a strong focus on fantasy sports, Fantasy Akhada offers leagues in popular sports such as cricket, football, basketball, and kabaddi. The platform is designed to cater to gamers at different skill levels, providing a customized experience for casual players as well as those seeking more involvement. With its user-friendly interface and dedication to delivering maximum returns, Fantasy Akhada is carving its niche in the fantasy gaming industry by providing sports enthusiasts with an immersive and authentic gaming platform.
OneTo11 is a dynamic and tech-driven gaming company that offers a diverse range of gaming experiences to its users. With a focus on fantasy games, real-RMG, RPG, educational, and non-fungible token (NFT) games, OneTo11 provides a platform where users can play and earn money simultaneously. It takes pride in being India’s first social networking fantasy mobile application. With a user-centric approach, OneTo11 offers various earning opportunities through referrals, challenges, and community engagement.
HalaPlay
Startup Name
HalaPlay
Headquarters
Bengaluru, Karnataka, India
Founder
Swapnil Saurav, Ananya Singhal, Prateek Anand, Aman Kesari
Founded
2016
Website
halaplay.com
HalaPlay – Online Fantasy Game Startups in India
HalaPlay is a prominent player in the Daily Fantasy Sports (DFS) gaming industry, providing users with exciting sports leagues in cricket, football, and kabaddi. With Halaplay, players have the opportunity to showcase their sports knowledge and skills by participating in fantasy leagues. By placing bets on their virtual teams, users can compete against fellow sports enthusiasts and have the chance to win attractive cash prizes. Established in January 2017, HalaPlay has received funding from renowned entities such as Nazara Technologies and Kae Capital.
11Wickets
Startup Name
11Wickets
Headquarters
Kolkata, West Bengal, India
Founder
Navneet Makharia
Founded
2018
Website
11wickets.com
11Wickets – Fantasy Sports Companies in India
11Wickets, a premier brand of Ability Games Private Limited, headquartered in Kolkata, is transforming the landscape of online games for sports enthusiasts. With a strong focus on fantasy cricket and football, the platform offers an immersive gaming experience like no other. 11Wickets brings exclusive features to its users, including live scores, ball-by-ball commentary, a match tracker, and in-depth analysis. As players indulge in their favorite fantasy games, they can stay connected with real-time updates, insightful commentary, and vital information about the playing conditions, all within the 11wickets.com platform.
MyTeam11
Startup Name
MyTeam11
Headquarters
Jaipur, Rajasthan, India
Founder
Vinit Godara, Sanjit Sihag
Founded
2016
Website
myteam11.com
MyTeam11 – Online Fantasy Game Startups in India
MyTeam11, launched in 2016, has emerged as a leading platform for online fantasy sports gaming in India. With its intuitive interface and extensive range of sports offerings, MyTeam11 has garnered a loyal following among sports enthusiasts. The platform empowers users to assemble their own virtual teams by handpicking real-match players from popular sports such as cricket, football, kabaddi, and basketball. By showcasing their knowledge and skills, participants can collect points based on the on-field performance of their selected players and compete against fellow gamers for lucrative cash prizes.
MyFab11
Startup Name
MyFab11
Headquarters
Kolkata, West Bengal, India
Founder
Anikendra Das Choudhury, Swati Chamoli
Founded
2018
Website
myfab11.com
MyFab11 – Online Fantasy Game Startups in India
MyFab11, the flagship product of Fantasy Sports MyFab11 Private Limited is a prominent sports gaming platform in India. Established in 2018, it provides a dynamic online portal and mobile applications where users can engage in fantasy sports games. The platform allows participants to create virtual teams consisting of real-world athletes competing in various sports events. Users then compete against each other in in-game contests, earning points based on the performance of their chosen athletes. MyFab11 offers sports game formats for cricket, football, and other sports, fostering a competitive environment for thousands of users per contest and per match.
Howzat
Startup Name
Howzat
Headquarters
New Delhi, India
Founder
Shashank Singh
Founded
2019
Website
howzat.com
Howzat – Online Fantasy Game Startups in India
Launched in April 2019, Howzat is a popular online fantasy gaming platform in India that combines the thrill of skill-based gaming with the opportunity to win exciting cash prizes. With a strong focus on cricket, football, and kabaddi, Howzat allows users to create their own fantasy teams using real players participating in live matches. By leveraging their cricket knowledge and player statistics, users strategize and build their dream teams to compete in the Fantasy Cricket League. Each player is assigned points based on their performance, adding an element of strategy and excitement to the game. It is one of the top fantasy gaming companies in India.
PlayerzPot
Startup Name
PlayerzPot
Headquarters
Mumbai, Maharashtra , India
Founder
Yogesh Doiphode, Mitesh Gangar
Founded
2015
Website
playerzpot.com
PlayerzPot – Online Fantasy Game Startups in India
PlayerzPot is a dynamic and engaging online fantasy gaming startup based in India. With a strong focus on providing a thrilling gaming experience to its users, PlayerzPot offers a wide range of fantasy sports contests in cricket, football, kabaddi, basketball, hockey, and more. The platform allows users to create their own virtual teams by selecting real players and competing against other participants to earn points based on their performance in real matches. It contains features such as refer and earn, instant withdrawal, and weekly tasks.
BalleBaazi
Startup Name
BalleBaazi
Headquarters
New Delhi, India
Founder
Saurabh Chopra, Navkiran Singh, Puneet Dua
Founded
2018
Website
ballebaazi.com
BalleBaazi – Fantasy Sports Companies in India
BalleBaazi, the highly acclaimed fantasy sports company developed by Baazi Games, offers an immersive gaming experience with its diverse range of personalized online gaming formats. With a wide selection of games such as cricket, kabaddi, football, baseball, and basketball. BalleBaazi caters to the interests of every sports enthusiast. Powered by bank-grade security and a unique reward structure, the platform provides a safe and rewarding environment for players. With its user-friendly interface, exciting promotions, referral bonuses, and a combination of daily, weekly, and monthly leagues, BalleBaazi continues to redefine the standards of online entertainment, offering players the opportunity to win real money and enjoy seamless transitions between different gaming products.
Fantasy Khiladi
Startup Name
Fantasy Khiladi
Headquarters
Jaipur, Rajasthan, India
Founder
Ramswaroop Bajiya
Founded
2021
Website
fantasykhiladi.com
Fantasy Khiladi – Online Fantasy Game Startups in India
Fantasy Khiladi is a fantasy sports platform in India. Since its establishment, Fantasy Khiladi has redefined the way Ludo games are enjoyed. With a user-friendly website and mobile apps, Fantasy Khiladi has garnered a loyal and diverse user base. Offering skill-based Ludo games, players can put their gaming skills to the test and have the chance to win real money prizes. The platform provides various Ludo modes and ensures a seamless and fair gaming experience.
WinZO is a top gaming platform in India with over 100 skill-based games like rummy, poker, and fantasy sports, attracting 150 million users and handling five billion monthly micro-transactions. It offers fast withdrawals, real-time competitions, a multilingual interface, and 24/7 customer support for a seamless gaming experience.
Besides these startups in the fantasy gaming industry, it is important to highlight the emergence of CrickPe as one of the most promising upcoming players. CrickPe, a fantasy cricket and gaming platform, is the latest addition to India’s booming online fantasy cricket industry. Launched under Ashneer Grover’s new venture, Third Unicorn Pvt. Ltd., CrickPe aims to provide a world-class fantasy cricket experience to cricket enthusiasts.
Why Are Online Fantasy Games in India Gaining Popularity?
The surge in the popularity of online fantasy sports in India can be attributed to several key factors:
Wide Array of Sports Leagues
India has a passionate sports culture, particularly for cricket, kabaddi, football, wrestling, and volleyball. The availability of fantasy sports leagues for these sports has resonated with a large population of sports enthusiasts.
Digitalization
India’s digital landscape has witnessed significant growth, driven by increased smartphone affordability, expanding internet access, and reduced data costs. This digitalization wave has facilitated the widespread adoption of online fantasy sports platforms.
Increased Investors’ Interest
Notable investors, including industry leaders like Tencent and Nazara, have shown keen interest in the fantasy sports gaming sector. Their investments have bolstered the industry’s growth and added credibility. Furthermore, these platforms cater to India’s diverse population by providing content in regional languages, including religious themes.
High-Profile Sports Partnerships
Renowned sports personalities such as M.S. Dhoni, Virat Kohli, and Hardik Pandya have become brand ambassadors for online fantasy sports, particularly in cricket. Their association with these platforms has helped garner a larger fan base and added to the credibility of the industry. It is worth noting that fantasy sports are considered games of skill rather than luck, further enhancing their appeal.
These factors combined have propelled the rapid adoption of fantasy sports in India, captivating sports enthusiasts and offering them an engaging and skill-based gaming experience.
Conclusion
The surge of online fantasy gaming in India owes much to the digital revolution that has reshaped the gaming landscape. With more people using smartphones, better internet connectivity, and enhanced gaming experiences, fantasy gaming has become incredibly popular. These home-grown startups have seized the opportunity to provide a diverse range of online games to meet the growing demand in India.
From cricket and football to kabaddi and basketball, these fantasy gaming platforms have created immersive and engaging experiences for sports enthusiasts. As the appetite for online gaming continues to grow, these startups have successfully positioned themselves as the go-to platforms for fantasy gaming in India, revolutionizing the way people experience and enjoy sports virtually.
FAQs
What is Fantasy Game?
A fantasy sport is a type of game, often played using the Internet, where participants assemble imaginary or virtual teams of real players of a professional sport. These teams compete based on the statistical performance of those players in actual games.
Which are the top online fantasy gaming companies in India?
The top online fantasy gaming companies in India include Dream11, Mobile Premier League (MPL), Games24x7, Gameskraft, and more.
Is fantasy gaming legal in India?
The legality of fantasy sports in India is dependent on whether the game qualifies as a ‘game of skill’ or a ‘game of chance. ‘ However, games involving a considerable and substantial degree of skill (mathematically, more than 50%) fall outside the scope of gambling laws and hence are legal in India.
What are the growth prospects of the Indian online fantasy sports industry?
The Indian online fantasy sports sector is expected to witness remarkable growth, with revenue estimated to reach Rs 25,240 crore by FY27, showcasing a compound annual growth rate (CAGR) of 33%.
Is it worth playing fantasy cricket?
Yes, with sports players like M.S. Dhoni, Virat Kohli, and Hardik Pandya promoting online fantasy sports, playing fantasy cricket has become an exciting way to enhance your cricket-watching experience.
What is the future of the fantasy gaming industry in India?
The fantasy gaming industry in India has seen rapid growth, with a 20% revenue surge in the past year. In-app purchases, the fastest-growing segment, soared by 41%. With a projected CAGR of 20%, the sector is expected to surpass $9.2 billion by FY29.
Thinking about fantasy sports and online gaming which is the first brand that comes to your mind?
Dream11 is the first brand that comes to mind when thinking about fantasy sports and online gaming in India.
Mumbai, April 4, 2025 — Aerem, India’s leading end-to-end solar platform dedicated to simplifying solar adoption for businesses and households, today announced that it has secured ₹100 crore in Series A round led by UTEC (University of Tokyo Edge Capital Partners), the Japan-based $700 million venture firm. This investment will further Aerem’s mission to unlock India’s vast distributed solar potential and accelerate the transition toward sustainable energy. The funds will drive the company’s expansion across India and enhance its solar financing and marketplace solutions.
Other prominent investors included British International Investment (BII), the UK’s development finance institution and impact investor; SE Ventures, the $1 billion+ climate and industrial tech fund backed by Schneider Electric; and Riverwalk Holdings, an early-stage venture fund focused on innovative fintech firms. Existing investors Blume Ventures and Avaana Capital also participated in this round. The strategic equity investment of ₹100 crore is in addition to debt capital from leading financial institutions such as IDFC, AU Small Finance, Axis Bank, Northern Arc, MAS Financials, and Vivriti Capital.
The Series A funding will drive the company’s distribution growth across India and solidify its presence in existing markets. It will also fuel the expansion of its end-to-end platform, scaling its marketplace business and broadening its lending portfolio to meet increasing demand. By accelerating the adoption of its tech platform among stakeholders, the company aims to enhance accessibility, transparency and quality across the solar ecosystem.
Additionally, the investment will advance the company’s technology roadmap and enable the development of innovative financing solutions, furthering its mission to make solar energy more accessible. This strategic boost positions Aerem to significantly amplify its impact on India’s renewable energy landscape while continuing to deliver exceptional value to its customers.
“Aerem is at the forefront of India’s rooftop solar revolution, with a founding team that has played a pivotal role in the country’s solar ecosystem evolution, from utility-scale solar adoption in 2010 to a decentralized rooftop solar boom in 2020. As a global deep-tech fund, we were impressed by Aerem’s seamless integration of operational excellence in credit and marketplace dynamics, paired with a cutting-edge solar tech platform leveraging digital twins.” said Kiran Mysore, Principal, UTEC.
Aerem was founded to unlock India’s untapped distributed solar potential, which currently represents only 17% of total solar capacity compared to the global average of over 50%. The company addresses this significant market gap by providing an end-to-end solar solution.
Anand Jain, Founder and CEO, Aerem, said “Getting a solar installation is complex for an Indian MSME or homeowner. From finding the right installer to the right price, right quality, and right financing, there exists a massive trust deficit throughout the fragmented ecosystem. Conventional approaches treat financing, technical complexity, and supply chain barriers as separate challenges. We recognize these as interlocking parts of one ecosystem failure. Our end-to-end solution addresses the entire value chain, eliminating barriers to solar adoption.”
“Our installation partners are the backbone of our ecosystem. These solar entrepreneurs understand local markets, maintain customer relationships, and provide on-ground implementation. Through our platform, we empower them with access to financing, quality equipment, and digital tools they would not otherwise have—creating a win-win model that scales solar adoption while supporting local businesses. Our vision goes beyond just providing solar solutions—we are building a true institution as ‘Aapka Solar Saathi’ which partners with businesses throughout their energy independence journey.” said Vikesh Agarwal, Co-Founder and COO, Aerem.
“What sets Aerem apart for us at SE Ventures is its full stack platform that addresses the core friction points for solar installers, driven by an exceptional team across finance, tech, and business model innovation,” said Siddharth Mehta, Partner, APAC at SE Ventures.”We recognize Aerem’s category leadership in distributed solar and look forward to fuelling the company’s expansion by helping to establish go-to-market partnerships with our LP, Schneider Electric, and Schneider company Luminous.” said Siddharth Mehta, Partner, APAC, SE Ventures.
“We are delighted to back pioneering solutions like Aerem’s with catalytic capital, accelerating solar adoption and fostering inclusive economic development. This will increase the provision of affordable and clean energy to small businesses and communities across India which will help them to thrive. We eagerly anticipate Aerem’s expansion, unlocking greater financial access for widespread solar installations and contributing to India’s energy transition,” said Abhinav Sinha, Managing Director and Head of Technology and Telecoms, BII.
By building a nationwide ecosystem of 2,000+ installation partners, Aerem has unlocked scalable distribution while minimizing acquisition costs. In just three years, it has emerged as a leader in India’s distributed solar sector, with a presence across 65 cities and a robust partner network. The company has enabled over 800 MW of solar capacity and successfully financed more than 800 projects. These initiatives have prevented nearly 22 million tons of lifetime CO₂ emissions, equivalent to planting 53 million trees. Additionally, these installations are projected to save ₹14,000 crore in energy costs for MSMEs over their lifetime. With consistent month-on-month growth, Aerem continues to empower installation partners to deliver comprehensive, end-to-end solar solutions to MSMEs and homeowners across India.
The US stock market took a huge hit as about $1.7 trillion was wiped out from the S&P 500 Index at the start of trading. The sharp drop came after President Donald Trump declared sweeping tariffs, which sent fear of a recession through the markets. Companies that depend on international supply chains were the most affected, with big names like Apple, Nike, and Walmart taking major hits.
Massive Market Selloff
When trading commenced, the S&P 500 took its possibly largest drop since 2022, with close to 70% of its companies going down. Apple Inc., which relies almost entirely on China for manufacturing, fell 8%. Nike and Lululemon, with their main supply link in Vietnam, lost about 10% each. Then there were the big retailers. Walmart fell 2%. Dollar Tree dropped 11%. By the time trading ended, the S&P 500 had closed down 6.4%.
By midday, the market downturn took a turn for the worse, with the S&P 500 sinking 4%, marking its severest single-day dive since the COVID-19 crash. The Dow sank an astounding 1,412 points, down 3.3%, while our old friend, the tech-heavy Nasdaq, was hit particularly hard, plummeting 5.1%. Futures tied to the indices were spiraling downward too—S&P 500 futures were off 5%, Dow futures were down 2.8%, and Nasdaq futures were lower by 3.8%. Oil prices also took a beating, slumping over 4%, while the US dollar fell to its lowest value against the Japanese yen in months.
Tech Stocks Lead the Decline
The selloff hit the tech sector hardest. The Philadelphia Semiconductor Index plunged almost 6%. Nvidia, Broadcom, and Micron Technology each dropped over 5%.
The Magnificent Seven tech stocks (Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA, and Tesla) lost value. A combined drop of more than $1 trillion from these stocks was noted over two trading days.
Economic Consequences and Recession Fears
Market analysts fear that Trump’s tariffs—now more aggressive than his first-term measures—could set off a broader economic downturn. Atif Malik of Citigroup estimated that if Apple had to absorb the new tariff costs, which are applied at a rate of 25% (up from 10%) on most Chinese products, its gross margin could shrink by as much as 9%. Meanwhile, JPMorgan economist Michael Feroli warned that the tariffs represent the largest tax hike since 1968 and could increase inflation by 1.5%, which would then dent personal incomes and consumer spending.
According to Bhanu Baweja of UBS Group AG, if there is continued uncertainty over tariffs or if talks with trading partners stall, the risk of a downturn in the U.S. stock market rises. Some analysts go further and say that if trade developments worsen, the S&P 500 could drop below 5,000—much deeper into slump territory than where it stands right now.
A universal 10% import duty and additional charges on certain countries characterized the new tariff regime. Far from being equal, these tariffs hit China the hardest, with their total coming to 64% when you add up the previous trade measures. The European Union (20%), Taiwan (32%), and Vietnam (46%) were also hit hard. The new regime sent financial markets across the globe into a tizzy, though international reaction was considerably milder than Wall Street’s.
Thursday’s session of the Indian stock market exited in the negative, with pressure on selling that impacted stocks in IT, autos, and metals. The BSE Sensex tumbled by 322.08 points, or 0.42%, as it faded to close at 76,295.36, while the Nifty wasn’t much better off—dipping 82.25 points, or 0.35%, to end the session at 23,250.10. Some analysts have suggested that the close might have been a bit exaggerated in terms of the overall selling, but they also note that it might be time for the indices to catch their breath after the recent run. Regardless, it seems that the Indian market should be regarded as sturdy and trending well overall.
Market Outlook
As per analysts, the Indian market has displayed a strong nature despite the weak signals coming from the global front. The Nifty opened down but soon zoomed back up, showing just how confident investors are. Yes, confident. Market experts tell us that short-term support or the Nifty is placed at about 23,100. And as long as it remains above that level, the market looks to be in a safe and sane uptrend.
The last few days have been much better for the bulls. Until last Thursday, the Nifty had repeatedly failed to clear and hold above 23,400. It had also consistently held above short-term support at 23,100. So yes, since I last wrote about the Nifty on Thursday, the Nifty has climbed and held above the two aforementioned major levels. It also managed to close above a level that looked like a bad-luck magnet.
Stock Recommendations
Dalmia Bharat Ltd (DLMIA)
Buy at: INR 1,857
Target: INR 1,950
Stop Loss: INR 1,810
Dalmia Bharat has escaped from a falling wedge pattern and has closed at INR 1,857.15, reflecting a gain of 2.20%. The stock trades above all major Exponential Moving Averages (20, 50, 100, and 200), indicating a strong bullish trend. The stock has an RSI of 64.76, which is a good level. The stock has decent buying volume supporting it.
A breakout above Rs 1,870 could take the share towards Rs 1,950 in the near term. Investors are advised to buy at current levels with a stop-loss at Rs 1,810 to mitigate downside risks.
GMR Airports Ltd (GMRINFRA)
Purchase at: 82.70 INR
Buy: 87 INR
Stop Loss: 80 INR
GMR Infra has successfully broken out of a bottoming pattern, rounding, and it closed at INR 82.70 with a gain of 4.90%. The stock trades above all the significant EMAs, which indicates a strong bullish sentiment. The RSI reads 74.40, which means that the momentum remains positive; this, coupled with some very nice volume trends, suggests that buying interest is continuing.
Resistance has been seen immediately at INR 85, and support is at INR 80. The stock has a good chance of testing higher levels if it can hold above INR 83. It is recommended that investors buy near the current price with a stop-loss set at INR 80 and a drive towards INR 87.
Sarika Anand
