About Lightfury Games Private Limited
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Lightfury Games Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Waving Flag Sports And Media Private Limited. It operates in the online gaming platforms segment of the internet and digital services sector. It was incorporated on 15 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC111249. Its GSTIN is 29AADCL5650M1Z1 (Karnataka).
The company has an authorised share capital of ₹4.54 Cr and a paid-up capital of ₹1.23 Cr. It was formerly known as Leaguex Gaming Private Limited. It is led by directors Tina Balachandran and Karan R Shroff.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.41 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.93 Cr (net margin -89.1%) and EBITDA of -₹3.4 Cr (EBITDA margin -77.2%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 53% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: LeagueX and LightFury Games. The company has 12 deals on record (6 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹168.99 Cr; the latest was in August 2026.
For more details, the company can be reached via its website leaguex.com.
Company details
Contact details
Lightfury Games Private Limited's registered office is in Bangalore, Karnataka. Its website is leaguex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Gopalan Signature Mall Old Madras Road, Nagavarapalya, Bangalore, Karnataka, India – 560093
- IndustryInternet, Online Gaming Platforms
To see the full contact details of Lightfury Games Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Lightfury Games operates two associated brands: LeagueX and LightFury Games. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a comprehensive online platform for cricket fantasy gaming experiences. | leaguex.com | |
| Developer of casual games | lightfurygames.com |
Business activity
The main business activity of Lightfury Games is arts, entertainment and recreation. In detail, this covers sports, amusement and recreation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R4 | Sports, amusement and recreation activities |
To see the full business activity and turnover split of Lightfury Games Private Limited, buy the company report.
Financials of Lightfury Games Private Limited
FY 2025 filings availableLightfury Games Private Limited reported revenue of ₹4.41 Cr (up 157% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 157% growth in the latest year. EBITDA fell 74% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.4 Cr | ||||
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| Net Profit (PAT) | -₹3.93 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -77.2% | ||||
| Net Profit Margin | -89.1% | ||||
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To see the full financial statements and ratios of Lightfury Games Private Limited, buy the company report.
Board of directors of Lightfury Games Private Limited
Lightfury Games has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tina Balachandran Also directs: Estream Education Private Limited | Director | 07 Oct 2024 | 2 Years 0 Months | Current |
| Karan R Shroff | Director | 28 Feb 2024 | 2 Years 7 Months | Current |
Auditor
Lightfury Games Private Limited is audited by R. Singhvi & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. Singhvi & Associates | FY 2024 | 03870S |
Shareholding
The shareholding of Lightfury Games Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
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| Others |
To see the full shareholding pattern of Lightfury Games Private Limited, buy the company report.
Deals & funding
Lightfury Games Private Limited has 12 deals on record (6 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹168.99 Cr; the latest was in August 2026.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Funding round · Seed | ₹1.25 Cr | Investors: Itw Catalyst Private Limited |
| Apr 2024 | Funding round · Seed | ₹64.02 Cr | Investors: Blume Ventures, MIXI Global Investments, Krafton Inc |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Waving Flag Sports and Media Private Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Waving Flag Sports and Media Private Limited , 3 individuals |
| Jul 2019 | Funding round | ₹37.5 Lakh | Investors: Waving Flag Sports and Media Private Limited |
To see the full deal history of Lightfury Games Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Lightfury Games Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lightfury Games Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lightfury Games Private Limited has a workforce of 24 employees on its EPFO records as of Jan 04, 2025, across 1 active EPFO establishment.
GST
Lightfury Games has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCL5650M1Z1 | Karnataka | Active | 26 Jun 2018 |
To see the full GST registrations and return filing status of Lightfury Games Private Limited, buy the company report.
Recent activity
Lightfury Games Private Limited has 9 board changes on record since 2018: 2 appointments and 7 cessations. The latest: Tina Balachandran was appointed as Director on 07 Oct 2024.
Frequently asked questions
Lightfury Games is an active private limited company based in Bangalore, Karnataka, India. The company works in online gaming platforms, within the internet industry. It was incorporated on 15 March 2018 (8+ years old) and is registered under CIN U74999KA2018PTC111249.
Lightfury Games has 2 current directors:
- Tina Balachandran - Director
- Karan R Shroff - Director
The latest financial statements of Lightfury Games on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Lightfury Games is 29AADCL5650M1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Lightfury Games is U74999KA2018PTC111249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lightfury Games was incorporated on 15 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Lightfury Games has 12 deals on record (6 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹168.99 Cr; the latest was in August 2026.
Tina Balachandran was appointed as Director on 07 Oct 2024. Bhairav Shanth ceased to be Additional Director on 13 Sep 2024. Seethalaxmi Shetty ceased to be Director on 23 Aug 2024. Lightfury Games has 9 board changes on record in total.
Lightfury Games can be reached through the website leaguex.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Lightfury Games is at 2nd Floor Gopalan Signature Mall Old Madras Road, Nagavarapalya, Bangalore, Karnataka, India – 560093.