What is GigaTrust?
GigaTrust operates within the online casino industry, providing a platform that guides users to reputable online gambling sites in India. The company's focus is on delivering comprehensive evaluations of various online casinos, considering factors such as licensing, user feedback, payment options, and promotional offers. GigaTrust aims to empower players, both new and experienced, by assisting them in selecting secure and reliable gaming options that cater to the Indian market and support transactions in Indian Rupees.
How much funding has GigaTrust raised?
GigaTrust has raised a total of $48.7M across 4 funding rounds:
Series D
$5M
Private Equity
$12.7M
Series E
$11M
Private Equity
$20M
Series D (2006): $5M, investors not publicly disclosed
Private Equity (2007): $12.7M, investors not publicly disclosed
Series E (2008): $11M supported by Atlantic Capital Group and Kirnaf LTD
Private Equity (2016): $20M featuring Balance Point Capital
Key Investors in GigaTrust
Balance Point Capital
Balance Point Capital, a private equity firm established in 2007, specializes in providing capital to lower middle market businesses, focusing on long-term growth and strategic partnerships.
Atlantic Capital Group
Atlantic Capital Group is a real estate and private equity investment firm with a broad investment scope across various sectors in the United States, known for its disciplined deal sourcing and focus on risk-adjusted returns.
Kirnaf LTD
Kirnaf LTD is associated with My Father HealthCare, which offers a bilingual health tracking app for families, emphasizing consultation with medical professionals and currently in its initial development phase.
What's next for GigaTrust?
The substantial enterprise-level funding GigaTrust has attracted, particularly the recent strategic investment, positions the company for accelerated expansion and market penetration. This capital infusion is likely to fuel advancements in platform technology, enhance user acquisition strategies, and potentially broaden its service offerings within the competitive online gambling landscape. The company's ability to secure such significant backing suggests strong investor confidence in its business model and future revenue potential.
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