{"id":2797,"date":"2025-01-20T12:23:23","date_gmt":"2025-01-20T12:23:23","guid":{"rendered":"https:\/\/awaraj.com\/indiasharktank\/?p=2797"},"modified":"2025-01-28T15:29:27","modified_gmt":"2025-01-28T15:29:27","slug":"bullspree","status":"publish","type":"post","link":"https:\/\/awaraj.com\/indiasharktank\/2025\/01\/20\/bullspree\/","title":{"rendered":"Bullspree"},"content":{"rendered":"\n
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Brand<\/mark><\/td>Bullspree<\/td><\/tr>
Company Name<\/mark><\/td>Krazzy Fin Pvt.Ltd<\/td><\/tr>

Founders<\/mark><\/td>		Harsh Dhanawat, Dharmil Bavishi, and Divyansh Mathu<\/td><\/tr>

Original Ask<\/mark><\/td>		75 Lakhs for 1.5 % equity at the valuation of 50 crores.<\/td><\/tr>
Deal<\/mark><\/td>75 lakhs for 2.86% equity at a valuation of 26.22 crores  <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

About the Product<\/strong><\/p>\n\n\n\n

Making money on the stock market is difficult, especially if unaware of the concepts. Investing without knowledge involves risk because very few individuals comprehend the nuances of the market.<\/p>\n\n\n\n

Bullspree, an Ahmedabad-based startup, aims to educate people about market fundamentals through entertaining & interesting games. It is a stock market gaming app that enables users to engage in contests every day, learn about the market & constructing stock portfolios. Bullspree enables users to construct their own portfolios and compete with one another.<\/p>\n\n\n\n

It does not involve actual buying & selling of stocks; hence the risk is less.<\/p>\n\n\n\n

How it works:<\/p>\n\n\n\n

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  1. Download from Play\/App store<\/li>\n\n\n\n
  2. List of Contests with different entry fees<\/li>\n\n\n\n
  3. Get Bullspree coins against entry fees multiplied by 100<\/li>\n\n\n\n
  4. Create a list of performing stocks using Bullspree coins<\/li>\n\n\n\n
  5. Live leader board based on real stock prices<\/li>\n\n\n\n
  6. Get a ranking based on the highest portfolio value<\/li>\n<\/ol>\n\n\n\n

    Bullspree<\/a><\/p>\n\n\n\n

    Founders & their story<\/strong><\/p>\n\n\n\n

    The Co-founders of Bullspree are Harsh Dhanawat, Dharmil Bavishi, & Divyansh Mathur. Dharmil & Harsh were flatmates, whereas Dharmil met Divyansh on an ambitious train journey of 15 days that brought together youth from all across the globe to encourage entrepreneurship in India. During their meetings, they planned to create something that simplifies stock market investing.<\/p>\n\n\n\n

    Founders have pursued the following education & experience:<\/p>\n\n\n\n

    \u2022 Dharmil completed his Industrial Engineering & worked in an E-commerce company & promoted to CEO office in only 1.5 years.<\/p>\n\n\n\n

    \u2022 Divyansh completed his B. Tech from IIT Delhi & has worked in two startups.<\/p>\n\n\n\n

    \u2022 Harsh is a C.A.; he used to Audit private equity & hedge funds.<\/p>\n\n\n\n

    About the company:<\/strong><\/p>\n\n\n\n

    Harsh Dhanawat, Dharmil Bavishi, and Divyansh Mathur co-founded Bullspree in November 2020. It is an experiential smartphone app for gaming and learning about the stock market. It offers games about financial markets that are entertaining to play and can help users better understand market dynamics. The company had onboarded 2 lakh users in the last 6 months.<\/p>\n\n\n\n

    Revenue: <\/strong><\/p>\n\n\n\n

    In September 2021, they raised 2 crore rupees at a valuation of 12.5 crore rupees, and in February 2022, they raised 1 crore rupees at a valuation of 26.5 crore rupees.<\/p>\n\n\n\n

    The overall amount of transactions was 90 lakh rupees, and sales were 18.5 lakh rupees last month. Customer acquisition cost costs 52 rupees.<\/p>\n\n\n\n

    In 2022, the average revenue from paying customers in July was Rs. 322, which was Rs. 21 in February. 78% is the Day 60 retention rate. Their monthly expenditure is 18 million rupees. They charge a flat 20% on every contest.<\/p>\n\n\n\n

    Founder\u2019s Ask <\/strong><\/p>\n\n\n\n

    75 Lakhs for 1.5 % equity at the valuation of 50 crores.<\/p>\n\n\n\n

    Offers: <\/strong><\/p>\n\n\n\n