MUMBAI: Indian social media startup ShareChat, which last August raised $100 million in a financing round led by Twitter, has developed a fantasy sports app and has been quietly testing it for six months, TechCrunch reports.
ShareChat’s fantasy sports app, called Jeet11, allows betting on cricket and football matches and has already amassed more than 120,000 registered users, according to the website.
A ShareChat spokesperson confirmed the existence of the app and said the startup was testing the product. “This is presently at an experimentation stage. Based on the outcome of the experiment, we will decide on the future of the product,” the spokesperson told TechCrunch.
Jeet11 is not available for download on the Google Play Store due to the Android maker’s guidelines on sports fantasy apps, so ShareChat has been distributing it through Xiaomi’s GetApps app store and the Jeet11 website (which offers the app installation file), and has been promoting it on Instagram. It is also available as a web app.
Fantasy sports has gained major traction in India in recent years, with Dream11, backed by gaming giant Tencent, being the most high profile one.
