Posts

GORDIUM INC LOCKS SERIES A FUNDING WORTH $4 MILLION

Gordium Inc recently made an announcement regarding its procurement of investment worth $4 Million in Series A round of funding. The funding is expected to support and develop Gordium’s proprietary fantasy sports platform, along with the procurement patents related to its gaming algorithms. Moreover, the same funding would facilitate  Gordium’ efforts towards applying for  Online Gaming and Sportsbook licensure globally, while putting it in direct competition with its biggest market rival, DraftKings Inc (DKNG). It must be mentioned that the whole funding process was headed by private investors, Datta Holdings, a multifaceted holdings company under the ownership of well renowned Datta Family. Varun Datta , who comes over as the chairman of Datta Holdings, further expressed his joy regarding the same deal. As per him,   “Gordium Inc aspires to be a leading operator in Online Casinos, Sportsbook and Fantasy Sports globally; and we hope with the fragmentation observed w...

DATTA HOLDINGS MARKS THEIR ENTRY INTO THE CANNABIS INDUSTRY

Image
Perceiving the exponential growth seen inside the Cannabis industry, Datta Holdings has banded together with administrators inside the business to bring through a financial technology solution for the Cannabis business operators. Varun Datta , the Chairman for Datta Holdings, also stated,   "Conventional banking solutions have ostracized operators within the Cannabis industry. This makes it very hard for operators to obtain banking services which further causes capital crunches amidst liquidity management concerns." Putting through its response in the same regards, Datta Holdings has put an undisclosed amount for developing a platform for the blockchain-based financial technology solution equipped to help settlements inside numerous operators of the cannabis industry. The prototype for the same has already been created and developed and presently going through the beta testing stage. Also, it is all set to witness a big launch in the year 2021. As per recent reports, th...