Games24x7 joined the Unicorn Club on March 30, 2022 after raising a $75 million Series C funding round, reaching a $2.53 billion valuation. Headquartered in Mumbai, Maharashtra, India, Games24x7 operates a gaming platform offering fantasy sports, rummy, and ludo experiences for mobile users.
The platform focuses on skill based gaming, personalized player engagement, and competitive gameplay across multiple formats.
Keep reading to learn how Games24x7 became a $2.53 billion leader in India’s online gaming ecosystem.
What Is Games24x7 and What Does It Do?
Founded in 2006, Games24x7 is an online gaming company providing fantasy sports, rummy, and casual games such as ludo through its digital platforms. The company builds skill based gaming experiences that combine strategy, competition, and personalization.
Games24x7 leverages data analytics and game design to enhance user engagement, ensure fair play, and scale its mobile gaming offerings across India’s growing digital entertainment market.
How Much Funding Has Games24x7 Raised?
1. Series C Round
- Amount Raised: $75 million
- Date: March 2022
- Valuation: $2.53 billion
- Lead Investors: Malabar Investments, Tiger Global Management, Bain Capital
- Purpose: Expand gaming portfolio, scale platform infrastructure, and grow user engagement
2. Earlier Rounds (Seed to Series B)
- Cumulative Funding: Approximately $33 million
- Key Investors: Malabar Investments and other early stage investors
- Purpose: Develop core gaming platforms, acquire users, and expand product offerings
Total Funding Raised: $108 million Latest Funding Date: March 2022 Latest Known Valuation: $2.53 billion
Key Investors
- Malabar Investments
- Details: Investment firm backing high growth Indian consumer and technology companies
- Focus Areas: Digital platforms, consumer technology, and scalable internet businesses
- Tiger Global Management
- Details: Global investment firm focused on technology driven companies
- Focus Areas: Internet platforms, software, gaming, and consumer technology
- Bain Capital
- Details: Global private investment firm supporting growth stage companies
- Focus Areas: Technology, consumer businesses, digital platforms, and financial services
Where Is Games24x7’s Headquarters?
Games24x7 is headquartered in Mumbai, Maharashtra, India, serving as the central hub for its product development, data analytics, and gaming operations teams.
What’s Next for Games24x7?
Games24x7 plans to expand its gaming portfolio, enhance personalization and data driven gameplay, and strengthen its mobile gaming platforms. The company is focused on scaling skill based gaming experiences while navigating regulatory frameworks and expanding engagement across India’s digital gaming audience.
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