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Vereeni Investments Takes Significant Stake in Nostragamus

Vereeni Investment has made a huge deal with the fantasy sports operator Nostragamus. The seven-figure deal would give a considerable stake to the Vereeni Investments. Nostragamus is a mobile application and it is hugely popular. The app has been downloaded by 5 million users. Interestingly, half a million of users are being added every month and that gives the idea of the rising popularity of the game.

The game gives the user the freedom to select or draft a team for various sports. The users can predict the results for the games as well, using the same platform. The games include Cricket, Football, Basketball, Tennis, Badminton, and Kabaddi. The users can even make money by wining prizes through the app. The app is very popular in the Indian market. India is a growing market for the games and the country has specific leagues for all of the sports that Nostragamus offers. It makes the intensity of the popularity even more.

Timothy John Heath, Founder, and CEO of Vereeni Investments admitted that Nostragamus has an excellent team and it has been scaled quite rapidly. He further added that India is quite an interesting market for the iGaming industry and the effective and innovative marketing strategy and product proposition can make Nostragamus a big deal.

Cricket, Football, Badminton, Kabaddi, and Tennis are very popular in India and with Nostragamus, Vereeni Investments can make a real difference.

However, the benefit is mutual and Yashasvi Takallapalli, CEO of Nostragamus believed the same. He believed that Vereeni Investments can accelerate the growth of the company and would also give the access and expertise of international iGaming. He is excited to join the Vereeni Investments Network and hope to deliver and achieve more in Fantasy Sports Vertical in coming times.

Source: https://europeangaming.eu/portal/latest-news/2019/09/25/54991/vereeni-investments-signs-deal-with-nostragamus/

About the author

Debopom Sanyal

Debopom Sanyal

Debopom is a web journalist and news enthusiast. He has been writing about world politics, science, health, finance, and technology. An avid sports enthusiast, Debopom has done his Masters in Finance and Bachelors in Engineering.

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