Colab Platforms Limited, a leading sports technology company, is expanding into the fast-growing Predictive Gaming sector, a market surpassing ?50,000 crore in transactions with over 50 million users. This move aligns with Colab’s vision to diversify digital offerings and enhance its position in the evolving engagement landscape.
With India’s Predictive Gaming industry projected to generate over ?1,000 crore in revenue for FY 2024-25, Colab is leveraging its expertise to compete with established platforms like Real 11, Probo, and Sports Baazi. The platform will feature advanced analytics, interactive interfaces, and strong regulatory compliance to ensure a secure and engaging user experience.
Building on its sports industry success, including the acquisition of Northern Challengers in the Big Cricket League and launching a sports e-commerce marketplace, Colab now aims to capitalize on first-mover advantages in Predictive Gaming. Operating on a transaction-fee-based model, the company sees high scalability and profitability in this venture.
CEO’s Vision
Puneet Singh, Managing Director of Colab Platforms, stated:
"Our expansion into Predictive Gaming is a natural evolution of our sports tech expertise. With a scalable revenue model and a high-growth market, we are creating a category-defining platform that entertains, educates, and empowers users."
Market Potential & Growth Strategy
50M+ Users: A rapidly growing and engaged audience.
Rs 50,000+ Crore in Transactions: Reflecting strong market demand.
Regulatory Compliance: Ensuring transparency and security.
Innovative Features: Advanced analytics to enhance engagement.
With early-mover advantages and a scalable business model, Colab Platforms expects this expansion to unlock new revenue streams, strengthen investor confidence, and solidify its presence in India’s fintech and gaming ecosystem.