Bussiness Ideas

CricOptions is the world’s first options trading platform designed specifically for live cricket matches. It blends the mechanics of financial derivatives with the thrill of real-time sports, enabling users to trade call options based on match outcomes. At the core of CricOptions lies a proprietary algorithm inspired by the Black-Scholes model, adapted and optimized for the dynamic nature of cricket. Unlike traditional financial options, where prices are affected by unpredictable external factors, CricOptions offers a controlled and transparent environment — premiums move purely based on match data like score, wickets, and overs remaining. Targeted at both cricket enthusiasts and traders, CricOptions operates as a skill-based platform, allowing users to apply strategy, analysis, and timing — much like in fantasy sports, but with a trading twist. With India now being the largest derivatives market globally and cricket its most followed sport, CricOptions stands at the intersection of two massive ecosystems. The platform is currently in beta with virtual trading and is being refined through user feedback. Backed by legal validation as a skill-based game, CricOptions is preparing for a full-scale launch as a B2C offering, with future plans to license the model to gaming and fantasy operators via B2B partnerships.

Startup Teams

• 1 Utkarsh Bhargav (Founder)
• 2 Pooja Sharma (Director)

Incubation Details

• Incubator Name
  SHIV NADAR AIC RESEARCH FOUNDATION
• Incubator Host Institution
  SHIV NADAR UNIVERSITY
• State
  Uttar Pradesh
• City
  Gautam Buddha Nagar