# **Mahadev App Founders: Running a Profitable Network of Betting Apps**
In recent times, the Mahadev app and its founders, Sourabh Chandrakar, and Ravi Uppal, have been under intense scrutiny due to their involvement in running a network of betting apps. This network, believed to generate profits in the range of crores of rupees daily, has caught the attention of the Enforcement Directorate (ED). The ED has alleged large-scale hawala operations and offshore account dealings to siphon off the proceeds of betting. Furthermore, substantial cash expenditure is being made in India to advertise these betting websites, aiming to attract new users and franchise seekers. In this article, we will delve into the intricate details of this case, exploring the history of the Mahadev app, its financial operations, the actions taken by the ED, and the international dimension of the investigation.
## **Mahadev App's History**
The Mahadev app had its humble beginnings in 2017. Initially, it operated under the radar, catering to a niche audience. However, its journey took a significant turn during the pandemic in 2020. As people across the globe sought entertainment and income sources from the comfort of their homes, the app's user base skyrocketed. Sourabh Chandrakar, aged 28, and Ravi Uppal, aged 43, both hailing from Chhattisgarh's Bhilai, emerged as the main promoters of Mahadev Online Book. Their astute business decisions and marketing strategies played a pivotal role in the app's rapid growth.
## **Financial Operations**
The most staggering aspect of this case is the alleged daily profits amounting to several crores of rupees. Such astronomical figures raise questions about the magnitude of betting activities facilitated by the Mahadev app and its sister applications. The ED has pointed to large-scale hawala operations, where money is transferred through unofficial channels to evade taxes and legal scrutiny. Offshore accounts play a crucial role in concealing the true beneficiaries of these profits, making it challenging for authorities to track the money flow.
In addition to offshore transactions, substantial cash expenditure has been observed in India for the advertising of these betting websites. This involves luring new users and franchise seekers into the network. The scale of this operation indicates a well-organized effort to expand their reach.
## **Enforcement Directorate (ED) Action**
Concerned about the gravity of the situation, the Enforcement Directorate has stepped in to investigate the Mahadev app and its associated network. The agency recently conducted searches at 39 locations spread across Raipur, Bhopal, Mumbai, and Kolkata. During these searches, they seized illegal assets worth a staggering Rs 417 crore. This significant confiscation highlights the depth of the financial web surrounding these apps.
## **International Investigation**
The ED's involvement in this case is not limited to Indian borders. The agency is actively pursuing leads related to offshore accounts and international connections. The goal is to uncover the entire network involved in these illicit operations and bring them to justice. This international dimension underscores the seriousness with which the authorities are approaching this case.
## **Conclusion**
The case of the Mahadev app and its founders operating a profitable network of betting apps is a matter of great concern. With daily profits in crores, large-scale hawala operations, and offshore accounts in play, it's a complex financial web that needs to be unraveled. The Enforcement Directorate's recent actions and international investigations signal a determined effort to address this issue and bring those responsible to justice.
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