Mahadev Book
Mahadev Book is an India-focused online betting platform operating as a WhatsApp-based master agent hub for cricket, casino, and sports wagering across multiple integrated exchanges. It faces active ED/CBI criminal investigation for alleged illegal gambling.
- Company typePrivate
- Founded2012
- Headquarters—
- Headcount501–1,000
- GTM typeB2C
- OfferingSoftware
What Mahadev Book does
Mahadev Book is an India-focused online betting platform that operates as a master agent hub rather than a single-property sportsbook. Its core product is a single betting ID that grants users interoperability across at least six third-party betting exchanges — Cricketbet9, 11xplay, Cricketbuzz, Gold365, Laser247, and Lotus365 — covering cricket (IPL, T20 leagues, international series), football, tennis, kabaddi, horse racing, live casino games (Teen Patti, Andar Bahar, roulette, blackjack, poker, slots), fantasy contests, and an Aviator crash game. Distribution is WhatsApp-first: account creation runs through verified agents over WhatsApp and Telegram with ID issuance typically completed within minutes, supported by a dedicated Android/iOS app (4.8 stars, 1M+ claimed installs, 25MB) and a website storefront.
Under the hood, the platform is mobile-first with a WhatsApp-based ID management system, biometric/PIN login, OTP authentication, two-factor authentication, 256-bit SSL encryption, and payment processing through UPI, Paytm, Google Pay, PhonePe, bank transfer, cryptocurrency, and e-wallets. The company claims PCI DSS Level 1 and iTech Labs RNG certifications. A February 2026 product update introduced an advanced cricket dashboard with real-time analytics, a revamped live casino interface, in-app ticketed support, personalized notifications, and a payment layer with built-in AI fraud detection.
The business model is transaction-based: the platform monetizes through fees on betting volume across sports and casino rather than subscription or licensing fees. Customer acquisition is driven by a Rs 500-per-referral affiliate program, WhatsApp/Telegram community channels, and direct agent outreach. Pricing comprises multiple bonus tiers (400% welcome bonus up to Rs 25,000, 10% first-deposit bonus on cricket IDs, 5% on casino IDs, 10% cashback on losses, weekly reloads), with a free demo ID tier for first-time users. Geographically, Mahadev Book operates only in India but is restricted in the states of Telangana, Orissa, Assam, Sikkim, and Nagaland.
Mahadev Book is also the subject of active criminal enforcement. India's Enforcement Directorate and CBI allege the syndicate generated approximately Rs 6,000 crore in proceeds of crime, with Rs 200 crore in daily proceeds at peak operations and Rs 450 crore per month at another point in the investigation. As of mid-2026, prime accused Sourabh Chandrakar (co-founder, Chhattisgarh native) had been arrested in Dubai in October 2024, fled to Oman by June 2026, and was detained under an Interpol Red Notice with India seeking extradition. Co-founder Ravi Uppal reportedly fled to Vanuatu. ED has attached/seized/frozen approximately Rs 4,336 crore in assets including Dubai properties in Burj Khalifa, Dubai Hills Estate, and Business Bay, has arrested 13 individuals, and has named 74 entities as accused across five prosecution complaints. According to the latest available data, the platform's website and app remain operational despite this enforcement posture.
Mahadev Book firmographics
Firmographics- Name
- Mahadev Book
- Legal name
- Mahadev Book
- Website
- https://mahadevbooks.net
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Mahadev Book is an India-focused online betting platform operating as a WhatsApp-based master agent hub for cricket, casino, and sports wagering across multiple integrated exchanges. It faces active ED/CBI criminal investigation for alleged illegal gambling.
- Ownership category
- akta.pro rank
Mahadev Book industry classification
Industry- Product category
- Online Sports Betting
- NAICS
- Gambling Industries (7132), Other Gambling Industries (713290), Other Gambling Industries (71329)
- akta.pro primary industry
- Sportsbooks (Online & Mobile Operators) (MPAEACAA)
- akta.pro secondary industries
- Sportsbook Platform & PAM Providers (B2B) (MPAEACAC), Payments, Wallets & Cashiering for Sports Betting (MPAEACAG), Player Account, KYC/AML & Fraud/ID Verification (MPAEACAF), E-Wallets & Stored-Value Accounts for Gaming (MPAEALAD)
Keywords
Mahadev Book business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Marketing or Sales, Operations, Personnel, Infrastructure
Revenue model
- Betting Transaction Fees: Platform generates revenue through transaction fees on betting activities across cricket, casino games, and sports markets. Users place bets using funded accounts with the platform facilitating wagers and collecting fees on transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Demo ID - Free practice account |
| Transaction based/ take rate | Pay-as-you-go | Cricket Betting ID |
| Transaction based/ take rate | Pay-as-you-go | Casino Betting ID |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Mahadev Book product offering
Product offeringCore offering
Mahadev Book operates an online betting exchange and master agent hub that distributes betting IDs through WhatsApp- and Telegram-based agents, granting users access to cricket betting, live casino games, sports wagering, and fantasy gaming via a single ID interoperable with multiple third-party exchanges. The platform monetizes through transaction fees on betting activities across cricket (IPL, T20 leagues, international matches), casino games (Teen Patti, Andar Bahar, roulette, blackjack), and other sports (football, tennis, kabaddi, horse racing). Account creation is delivered via manual agent processing with claims of under-50-second ID activation.
Product overview
Mahadev Book operates as a unified online betting exchange platform and master agent hub, launched in 2012, offering access to multiple betting exchanges through a single ID system. The core product portfolio centers on the Mahadev Book platform itself, which provides the primary betting ID infrastructure connecting users to various third-party exchanges including Cricketbet9, 11xplay, Cricketbuzz, Gold365, Laser247, and Lotus365. The platform specializes in sports betting (cricket, football, tennis, kabaddi, horse racing) and live casino gaming (Teen Patti, Andar Bahar, roulette, blackjack, poker, slots) with specialized ID products (Cricket ID, Casino ID, IPL Betting ID, Demo ID) enabling differentiated access. Key offerings include the Mahadev Book Betting App for mobile access, Aviator crash game, fantasy sports contests, and Mahadev Book Predictions for expert betting tips. The platform processes payments through native integrations with UPI, Paytm, Google Pay, PhonePe, bank transfers, cryptocurrency, and e-wallets, while customer engagement relies heavily on WhatsApp and Telegram support channels.
Differentiator
Problem solved
Functional benefit
Products and services
- Mahadev Book Online Betting Platform India-based online betting exchange serving as a master agent hub where users obtain a betting ID via WhatsApp or Telegram and gain access to multiple third-party exchanges (Cricketbet9, 11xplay, Cricketbuzz, Gold365, Laser247, Lotus365) for cricket, sports, and casino betting.
- Mahadev Book Betting App Mobile application for Android (5.0+) and iOS (11.0+), 25 MB in size, with claimed 1M+ installs and 4.8 star rating. Features fingerprint/face recognition login, push notifications, offline transaction history access, and exclusive app-only bonuses.
- Mahadev Book Cricket Betting ID Dedicated betting ID granting access to live cricket betting across IPL, T20 leagues (BBL, PSL), international tournaments, and Test/ODI matches with a 10% bonus on first registration.
- Mahadev Book Casino Betting ID Dedicated ID for accessing live dealer casino games including Teen Patti, Andar Bahar, roulette, blackjack, poker, and slot games, with a 5% first-deposit bonus and VIP tournament access.
- Mahadev Book IPL Betting ID Specialized betting ID for Indian Premier League matches with exclusive IPL promotions, live match streams, and professional betting tips targeted at IPL-focused bettors.
- Mahadev Book Demo Betting ID Free practice betting account with credentials User ID MAHADEVBOOK and password mahadeevbooks, allowing first-time users to explore the platform without risking real money.
- Aviator Crash Game Crash-style betting game where players place bets and cash out before the aviator flies away, with real-time increasing multipliers.
- Online Sports Betting Service Real-money sports betting on cricket, football, tennis, kabaddi, badminton, basketball, rugby, hockey, volleyball, and boxing with live odds and match updates.
- Football Betting Betting on football matches including Premier League, La Liga, and local tournaments with match result, over/under, both teams to score, and halftime/fulltime betting options.
- Horse Race Betting Peer-to-peer betting on horse races with up to 20% better odds, supporting exacta, win, trifecta, superfecta, quinella, place, and each-way bets with live streaming.
- Live Casino Games Live dealer casino games including premium HD blackjack, roulette, baccarat, and poker with 24/7 professional dealers and HD streaming.
- Fantasy Sports Games Fantasy sports contests where users create fantasy teams and place bets based on real player performance across various sports.
- Mahadev Book Predictions Free expert betting tips, odds analysis, and match predictions to help players make informed betting decisions across cricket, football, and other sports.
Quantifiable outcome
- Instant ID activation within 1-3 minutes
- +3 more outcomes
Companies that use Mahadev Book
Customer profileSegments3 records
Ideal customer profiles1 record
Mahadev Book technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability1 record
Feature4 records
Mahadev Book partnerships and signals
Strategic signalScale indicators13 records
Recent moves6 records
Expansion highlights5 records
Mahadev Book competitors and assessment
Company assessmentDirect peers
- Betway India: Betway is an internationally licensed online sportsbook with a strong India-focused cricket offering and casino; comparable as a competing sportsbook/casino platform targeting Indian bettors with similar product breadth.
- 1xBet: 1xBet is a global online sportsbook and casino operator serving Indian users with cricket, football, and live casino; directly comparable as an online sportsbook targeting the same Indian customer base with similar product mix.
- Parimatch: Parimatch is a Curaçao-licensed international sportsbook with significant India presence in cricket and football betting; comparable as a competing multi-vertical online sportsbook serving the same Indian customer cohorts.
- Tiger Exchange: Tiger Exchange operates within the Mahadev syndicate alongside Gold365 and Laser247, providing sports betting and casino products through similar agent-based distribution; direct peer by virtue of shared syndicate operations.
- 10Cric: 10Cric is an India-focused online sportsbook specializing in cricket, kabaddi, and football with integrated casino; directly comparable as a cricket-anchored sportsbook serving Indian users.
- Gold365: Gold365 is another Mahadev Book syndicate partner providing sports betting and live casino; comparable because it is distributed through the same WhatsApp-agent network and accessible via the same Mahadev ID.
- Lotus365: Lotus365 is a sister platform within the Mahadev Book syndicate, offering sports betting and live casino via the same master-agent hub model; directly comparable as a co-branded exchange accessible through the Mahadev Book ID.
- Laser247: Laser247 is part of the same Mahadev Book syndicate ecosystem and offers cricket betting, casino, and VIP access via the same agent-distribution model; highly comparable as a co-distributed exchange.
Emerging players
- Dream11: Dream11 is India's largest fantasy-sports platform with 200M+ users, adjacent to Mahadev Book's fantasy offering; comparable as an Indian skill-based gaming operator using similar payment rails and cricket-led acquisition, though operates within a distinct legal skill-gaming framework.
- MPL (Mobile Premier League): MPL is a leading Indian mobile gaming and casual wagering platform with fantasy, rummy, and casual games; comparable as an adjacent Indian real-money gaming operator with overlapping casual-player demographics and UPI-native payments.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Mahadev Book social profiles
Digital presenceMahadev Book compliance and trust
Trust signalCompliance3 records
Mahadev Book financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mahadev Book leadership team
Management profileNumber of profiles
Profiles3 records
Mahadev Book funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mahadev Book M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mahadev Book
What does Mahadev Book do?
Mahadev Book operates an online betting exchange and master agent hub that distributes betting IDs through WhatsApp- and Telegram-based agents, granting users access to cricket betting, live casino games, sports wagering, and fantasy gaming via a single ID interoperable with multiple third-party exchanges. The platform monetizes through transaction fees on betting activities across cricket (IPL, T20 leagues, international matches), casino games (Teen Patti, Andar Bahar, roulette, blackjack), and other sports (football, tennis, kabaddi, horse racing). Account creation is delivered via manual agent processing with claims of under-50-second ID activation.
Is Mahadev Book a public or private company?
Mahadev Book is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mahadev Book founded?
Mahadev Book was founded in 2012. It employs 501 to 1,000 people.
How does Mahadev Book make money?
One revenue line is on record: betting Transaction Fees.
Who are Mahadev Book's main competitors?
Direct peers on record are Betway India, 1xBet, Parimatch, Tiger Exchange, 10Cric, Gold365, Lotus365 and Laser247. Emerging players are Dream11 and MPL (Mobile Premier League).
Does Mahadev Book have an API?
No public API is recorded for Mahadev Book.
What industry is Mahadev Book in?
Mahadev Book's product category is Online Sports Betting. Its primary akta.pro industry code is MPAEACAA, Sportsbooks (Online & Mobile Operators), with a secondary code of MPAEACAC, Sportsbook Platform & PAM Providers (B2B). Its NAICS code is 7132.