Key Metrics
- No. of Employees895
- Founded Year 2006
- Company StagePrivate Limited Company
- Total Funding₹802.72 Cr
- Industry
- Headquarter
- Company StatusActive
About Games24x7
Founded by New York University trained economists Bhavin Pandya and Trivikraman Thampy in 2006, Games24x7 is an India headquartered online gaming company with a portfolio that spans skill games (RummyCircle and My11Circle) and casual games (Ultimate Games). Backed by marquee investors like Tiger Global and The Raine Group, the company specializes in using behavioral science, technology, and artificial intelligence to provide awesome game playing experiences across all its platforms.
Business Model
Multi gaming platform Games24x7’s operations mainly run on RummyCircle and the fantasy sports website My11Circle. The service fees deducted for joining tournaments or contests are the primary source of revenue for the company.
Top Competitors
GL
Gameberry LabsU72900KA2017PTC103583
A2
A23U72900DL2017PTC325102
GT
Gameskraft TechnologiesU74999KA2017PTC103635
D1
Dream 11U72900MH2007PTC171875
Games24x7 Funding Details
Funding Highlights
Latest Funding RoundSeries C
Total Funding Raised₹802.72 Cr
No. of Investments Made1
Total No. of Acquisitions0
Lead Investors1
Investors
- Tiger Global
Funding Details
Funding History
Funding Per Year
Investment Company Done
Games24x7 Financial Details
Financial Highlights
FY 2022-23 Revenue₹2,023 Cr
FY 2022-23 Expenses₹2,147.41 Cr
FY 2022-23 Profit/Loss-₹199.57 Cr
Net Cash Flow From Operations-₹194.15 Cr
Full Financial Details
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
Games24x7 Key People
People Metrics
Current Core Team2
Board Members/Directors6
Games24x7 Documents