Colab Platforms Limited, formerly known as Colab Cloud Platforms, has announced its strategic expansion into India’s booming ₹50,000 crore predictive gaming sector. With this move, the Bombay Stock Exchange-listed sports tech firm aims to unlock new revenue streams by leveraging its existing expertise in digital and sports engagement platforms.
The predictive gaming market, driven by over 50 million active users and rapidly rising transaction volumes, is expected to generate revenues of more than ₹1,000 crore in FY25 alone. Colab’s foray into this space places it alongside notable players like Real11, Probo, MPL Opinio, and Sports Baazi. The platform will integrate features such as advanced analytics, interactive interfaces, and AI tools to enhance user engagement.
According to the company, this gaming service will operate on a transaction-fee-based model, offering scalability and strong profitability. Additionally, Colab emphasized its commitment to regulatory compliance and user education to foster responsible gaming.
This move follows Colab’s earlier initiatives like acquiring the Northern Challengers in the Big Cricket League and launching a sports-focused e-commerce marketplace. Managing Director Puneet Singh highlighted that the company’s entry into predictive gaming aligns with its mission to innovate while empowering users through engaging digital experiences.
With India’s predictive gaming ecosystem still in its growth phase, Colab believes it can seize early-mover advantages and position itself as a frontrunner in this dynamic sector.
Disclaimer: The information is based on the press release shared by the company in its filing.
