Affiliate disclosure: Gamblerfy may earn a commission if you open an account through some of the links on this page. It never changes our score, our ranking, or which brands appear — see how we rate.

5.4/10★★★☆☆Editorial scoreHow we rate →

An offshore-facing exchange betting platform for India

Not available lawfully here

Is Sky Exchange legal in India?

No. Real-money gambling is banned in India. Under the Promotion and Regulation of Online Gaming Act 2025 (PROGA), in force since 1 October 2025, Sky Exchange cannot lawfully offer you a welcome bonus here, and you cannot lawfully claim one.

PROGA bans all real-money gaming nationwide and criminalises its operation, promotion and financial facilitation. Banks, UPI and card networks are barred from processing money-gaming transactions, and by 28 March 2026 the government had blocked or actioned 8,376 betting and gambling URLs. source

Any Sky Exchange bonus you see advertised for India is offered from an offshore site operating against local law. Your payments can be blocked, your account can vanish with a mirror domain, and no India regulator can help you recover funds. We therefore show no offer and no sign-up link on this page. See every licensed betting site in India →

Pros

  • Genuinely Curacao-licensed under an identified operator (Sky Infotech N.V.) — independently confirmed
  • A real welcome match plus cricket free bets, no code needed
  • IPL cashback included

Cons

  • Not locally licensed in India — offshore-facing, RBI cannot intervene in disputes
  • Huge family of clone/mirror domains — a real phishing/impersonation risk
  • Independent complaints of withdrawal requests declined or left unresolved for days
  • Forced agent-intermediary system for deposits/withdrawals

Our verdict

Sky Exchange is operated by Sky Infotech N.V. under a genuine Curacao sub-licence (No. 365/JAZ) — independently confirmed — but it targets India without a local licence there, and comes with two real cautions: a huge family of clone/mirror domains (a phishing/impersonation risk), and independent complaint sources describing withdrawal requests declined or left unresolved for days, deposits rejected without refund, and a forced agent-intermediary deposit/withdrawal system. New players get a 100% first-deposit match plus 3 free cricket bets, no code needed, plus IPL cashback — a real offer, but weigh it against the trust concerns above.

How we rated it

Bonuses & value (18%)7

A real welcome match plus cricket free bets and IPL cashback, no code needed.

Sportsbook (36%)6.5

An offshore-facing exchange betting platform serving India, with a cricket-focused offering.

Trust & licensing (27%)4.5

Genuinely Curacao-licensed under identified operator Sky Infotech N.V. (No. 365/JAZ) — independently confirmed — but the brand's huge family of clone/mirror domains (skyexchange247.com, skyexchange11.com, skyexch.biz, and more) is a real phishing/impersonation risk, and it is not locally licensed in India where it targets users.

Customer support (18%)3

Independent complaint sources describe a recurring pattern of withdrawal requests declined or left unresolved for days, deposits rejected without refund, and a forced agent-intermediary system for deposits/withdrawals.

Quick facts

LicensingCuracao sub-licence No. 365/JAZ (Sky Infotech N.V.) — independently confirmed; not locally licensed in India
MarketsIndia
Welcome bonus100% first deposit + 3 cricket free bets
WageringNo code needed; IPL cashback offered
CautionLarge family of clone/mirror domains + independent complaints of declined/unresolved withdrawals

How we verified this

Sky Exchange is operated by Sky Infotech N.V. (Curacao reg. No. 152377) under Curacao sub-licence No. 365/JAZ — independently confirmed. It targets India but is not locally licensed there — offshore-facing, RBI cannot intervene in disputes. Real cautions: a large family of clone/mirror domains (phishing risk) and independent complaints of declined/unresolved withdrawals plus a forced agent-intermediary deposit/withdrawal system. Welcome bonus: 100% first-deposit match plus 3 free cricket bets, no code needed, plus IPL cashback. Confirm current offer directly on Sky Exchange's own site.

Where Sky Exchange is licensed

Sky Exchange appears on the official register in 1 countries. Highlighted countries have a full local review — pick yours for its welcome bonus and licence details.

Asia (1)

India

About Sky Exchange

Sky Exchange, operated by Sky Infotech N.V. under a genuine Curacao sub-licence (No. 365/JAZ) — independently confirmed — is an offshore-facing exchange betting platform serving India with a cricket-focused offering. It comes with two real cautions: a large family of clone/mirror domains, and independent reports of declined or unresolved withdrawals and a forced agent-intermediary system.

Sky Exchange FAQ

Is Sky Exchange safe and legit?

It is operated by Sky Infotech N.V. under a genuine Curacao sub-licence (No. 365/JAZ) — independently confirmed — but it is not locally licensed in India, and independent sources report a recurring pattern of declined or unresolved withdrawals plus a forced agent-intermediary system. A large family of clone/mirror domains is also a real phishing risk — verify you're on the correct official domain.

What is the Sky Exchange welcome bonus?

A 100% first-deposit match plus 3 free cricket bets, no code needed, plus IPL cashback.

Sky ExchangeIndia bonusGet bonus →