Viaan industries announces the launch of IPL match (2nd Season)

Wed / February / 2018

 

IPL or Indian Poker League Season 2 is due to be held in Kolkata on 31st March, 2018; this was announced by the Viaan Industries Ltd. promoted by Raj Kundra and Shilpa Shetty. This was announced in grand ceremony by the Viaan industry which is believed to be a popular licensing, wellness and entertainment company that took the initiative of announcing the match after a positive result.

An overview:

The inaugural match of Indian Poker league saw a competition of seven teams for rupees 2.5 crores prize pool. It is said that the company also added three more franchises in their league. The winner of the league will be representing Team India later this year at the Asian Nations Cup Poker Match.

The teams fighting for the title could be named as follows: Bangalore Royals, Goa Lions, Jaipur Jewels, Mumbai All Stars, UP Indians, Ahmedabad Hearts, Delhi Aces, Haryana Hawks, Kolkata Diamonds and Pune King.

Prize Money of the League:

 

We are all excited to hear the launch of poker matches as this is the most celebrated poker news in India. The prize money could be recorded as – INR 40.00.000 for the 1st place holder, INR 25,00,000 for the 2nd place holder, INR 20,00,000 for 3rd place holder and finally INR 15,00,000 for the fourth place holder.

Raj Kundra’s Valuable Words:

 

According to the Chairman as well as the managing director of Viaan Industries Ltd. Poker games online is gaining acceptance at a faster rate in India as this is a game full of skill show. This is what Kundra has to say for poker and Viaan industry’s interested in it –

“At Viaan Industries, we have been playing our role in shaping up this perception. With more than a million players estimated to be playing this mind sport, we envisage a huge growth for the industry going ahead. India is one of the fastest growing online poker markets in Asia. With the industry size at $120 mn already, the industry is estimated to have grown by high double digits over the last few years.”

What Shilpa Shetty has to say:

 

Shilpa Shetty, the renowned actress from the Bollywood industry confesses that she developed an interest in the game from Poker Pro Shane Warne. It is likely that the importance of the game is gradually understood by more people in India thus developing a habit to check with the plus 2 poker news daily.  The actress was quoted saying

“It’s a game of skill and requires a lot of mastery. I like playing poker with friends when I get the time. I am small fish but am getting better there, are so many moves one can make in poker. Poker is all about skill and reading your opponents well. It’s one of the highest individual paying sports in USA and it’s catching like wildfire in India. I am proud of what Raj has created with the Match Poker League.”

She also added that she is finding poker interesting and the same applies for the Indian players.

Growth and Result of the Viaan Industry:

The unaudited result for nine months and quarter that ended on 31st December, 2017 was recorded as – Q3FY18 revenue went to 70.38 crores which witnesses the growth of YoY over 143%, Q3FY18 consolidated for EBITDA at INR 7.60 crore jumping at a percentage of 215% from that of INR 2.41 crore in Q3FY17.

Another jump of 214% was made when the Q3FY18 consolidated PAT revenue rose to 7.39 crore from a mere amount of 2.35 crore in Q3FY17. The PAT margin jumps to 10.5% when it comes to consolidated Q3FY18.

We marked Kundra saying this –

“The Key developments during the quarter was Successful completion of Season-1 of ‘Aunty Boli Lagao Boli’ (ABLB) a live game show in which viewers BID for a brand new car put on auction. Launched ChaseBid 2.0 – ‘ChaseBid n Buy’ feature added to our already successful app Chase Bid, to make it more interesting and engage a larger target audience. 1st Game app launched – ‘Shilpa Shetty: Domestic Diva’ game was launched during the quarter and already nearing 1 million downloads in no time. Match IPL franchise widened – 3 franchisees were incrementally added to the Match IPL league this quarter.”

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