The Startup India Insight

Games24x7

Games24x7 is an India-based gaming company known for developing and operating online games like RummyCircle and My11Circle, focusing on skill-based real money gaming experiences.

Games24x7 Journey

Games24x7's Founder and History

Games24x7 is one of leading gaming platform which also known as a oldest gaming platform of India.

Because it was founded in by two co-founders who are Bhavin Pandya and Trivikraman Thampy.

They initially started it as a platform of gaming for few games.

Since fantasy games become popular in India lot of companies started their own platform where peoples can play multiple games to earn money.

The reason of gaming platforms in India is the working model they follow by paying huge amount to winner from collecting it to various peoples.

The headquarter of Games24x7 is located at Mumbai, India.

Company also have offices in various locations in India. Some of its offices locations include locations like Miami, New Delhi and Philadelphia and Bengaluru. Also it have its offices at various other locations in India.

Company claimed that it have a userbase of approximately 100+ millions registered users and lakhs of users from them play games on their platform everyday.

Games24x7 is known among its user for those categories in which it provide games playing in its platform.

Some of the categories in which users can play games on Games24x7 are like fantasy, sports, card games, crickets games and so on.

Some of the games Games24x7 developed are like RummyCircle and My11Circle. Company offer online gaming through its multiple other platforms as well.

Because the profit margin in gaming industry is more higher than other sectors.

Even investors always wants to invest in those companies which can provide them best returns.

Investors can even invest with high valuation in those companies which can help them to earn more money.

Games24x7 Unicorn Status

Also because Games24x7 is a company which help investors to earn high return on their investment with high profits.

So that's why investors accept its valuation of 2.5 billions dollars in the funding round which held in March, 2022 and invested in Games24x7.

With 2.5 billions dollars valuation company become a unicorn in March, 2022 and become a part of unicorn club in India.  

Games24x7 Investors

Tiger Global, Malabar Investments, The Raine Group are some names of those peoples and companies who was invested in Games24x7 since it was founded.

Year to year with the growth of company it raised millions of dollars in different valuations. It invested the funding money in different operations of company.

Such kind of investment help companies to become more powerful and to reach more higher level of success.

Games24x7 also launch its multiple games year to year, some of them become successful but some can't.

Success or failure of a game totally depends on the strategy they apply for that game marketing.

The chances of games with higher market demand is much more than the games with low market demands.

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Games24X7 FY23 Revenue Nears INR 2,000 Cr, Losses Drop 29%

Games24X7 is a leading Indian gaming startup achieved remarkable financial milestones in FY23. Games24X7 FY23 Revenue help it to reduce its loss about 29%. With operating revenue approaching the INR 2,000 Cr mark, the company reported a substantial increase from the previous fiscal year. Additionally, Games24X7 successfully narrowed its losses, demonstrating its potential for sustained […]

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