Zupee, a skill based gaming company appoints Maneesh Goel as company’s new CFO
- ByStartupStory | December 14, 2022
Maneesh Goel has been appointed as the new Chief Financial Officer(CFO) of Zupee, an online real money gaming company offering skill based casual and board games.
“Goel will lead Zupee’s CFO function and help drive profitability with scale as well as strengthen controls and governance processes and contribute to the brands’ ongoing growth journey. With this appointment, Zupee stands to benefit from his expertise in understanding of organizational design, culture, scaling businesses, creating agile and efficient processes as well as corporate governance,” the company said in a statement.Maneesh Goel has a long track of experience of about 20 years in a wide range of finance and business functions with a large number of diversified industries like PayU, Den Snapdeal TV Shop, Dell and Times Internet among others.He has held other senior positions in many firms like CEO, CFO and other board member position as well.
Dilsher Singh Malhi, founder & CEO of Zupee said on his appointment, “We are pleased to welcome Maneesh to our leadership team, as we look at accelerating the growth of skill based gaming industry. At Zupee, we aim to build a strong entrepreneurial and founder mindset within our teams while laying strong emphasis on growth and scalability. As we rapidly grow our business, Manish’s proven experience, track record of financial acumen and strategic thinking will help bring prudent capital utilization and drive profitability in the long run”.
On the occasion of onboarding with the team Zupee Maneesh Goel said, “It gives me great delight to join the Zupee family. Zupee has a unique value proposition and a strong foundation from which the company can build its vision and spearhead the emerging culture of skill-based online gaming in the country. There is tremendous potential for growth and value creation given the insightful use of human behavior theories that are intersected with technology along with a reliable and skilled team of passionate individuals. I look forward to being part of this exciting journey and collaborating with the Zupee team to further build this business in a sustainable and profitable way”.
Zupee was founded by IIt graduatesMalhi and Siddhant Saurabh in the year 2018 and backed by marquee investors such as WestCap Group, Tomales Bay Capital, Nepean Capital, AJ Capital, Matrix Partners India, & Orios Venture Partners, Zupee stands at $600 million valuation. . More than 300 people work at the company, and more than 70 million people have downloaded their apps. There is a wide range of online gaming options that the company provides like Ludo, Snakes and Ladders, and Carrom.
The company also secured $102 million in January 2022 during Series B funding at a valuation of $600 million. WestCap Group, Tomales Bay Capital, Nepean Capital, AJ Capital, Matrix Partners India, and Orios Venture Partners are just a few of the investors who have contributed to its total funding of over $121 million to date.
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