About Banzan Studios
Banzan Studios is a Media & Entertainment company based in Kochi (India) founded in 2020 by Ramachandran Ranjith Babu and Mukesh Dev. Casual mobile games are developed for Android and iOS platforms. Banzan Studios has raised $47.52 thousand across 3 funding rounds from investors including Stpinext, Jinu Jacob and Paul George. Banzan Studios was last valued at $2.53 million in August 2022. Its chief executive, as recorded, is Mukesh Dev. Its Indian entity Banzan Ventures Private Limited reported revenue of ₹17.4 Lakh. Its focus areas include Mobile, Mobile Gaming, Game Developers and Casual.
Company details
Banzan Studios was founded in 2020 in Kochi, India, as a developer of app-based casual games. Operations center on creating titles such as Numzy, a quiz game, and Yes or No with BaBlah, an FTP trivia game. These are distributed via Android and iOS app stores. Revenue is generated through in-app advertisements and purchases, targeting casual gaming users.
- Headquarters Kochi, India
- Founders Ramachandran Ranjith Babu, Mukesh Dev
- Stage Minicorn
- SectorsMedia & Entertainment
- Website banzan.co
- Social LinkedIn Facebook
- Legal Name Banzan Ventures Private Limited
- Date of Incorporation 27 Nov, 2017
- Jurisdiction Kochi, Kerala, India
- Annual Revenue₹17.4 Lakh
FY 2025 · -59% YoY
- Net Loss-₹6.4 Lakh
FY 2025 · -37% margin
- EBITDA₹5.1 Lakh
FY 2025 · 30% margin
- Total Equity Funding$47.52K (USD)
in 3 rounds
- InvestorsStpinext
& 32 more
Associated legal entities of Banzan Studios
Banzan Studios operates through Banzan Ventures Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Banzan Ventures Private Limited CIN U74999KL2017PTC051186 | Active | 27 Nov 2017 | Kochi, Kerala | ₹0.2 Cr | 2 | View details |
Funding Insights of Banzan Studios
Banzan Studios has successfully raised a total of $47.52K across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $47,523
- Total Rounds 3
- First Round $20,363
(Sep 2020)
- Investors Count 33
All 3 funding rounds of Banzan Studios with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | Seed | $2.53M | Stpinext | – | |
| Dec 2021 | $27,160 | Angel Round | $2.04M | Paul George, John Shine | |
| Sep 2020 | $20,363 | Angel Round | $••••• | Jinu Jacob, Sunil Kumar | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2022 | $2.53M | •••••••• |
| Dec 2021 | $2.04M | •••••••• |
| Sep 2020 | $••••• | •••••••• |
Full valuation and stage history of Banzan Studios
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
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Verified entity values are shown only after access is granted.
Last known valuation $2.53M (Aug 2022). 33 investors in total: 1 institutional and 32 angel.
Investors in Banzan Studios
Banzan Studios has secured backing from 33 investors, including institutional and angel investors. Prominent investors backing the company include Stpinext, Jinu Jacob and Paul George.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Support for technology start-ups and entrepreneurship initiatives in India is provided. | 2018 | stpinext.in | Delhi, India | |
JJ Jinu Jacob | unknown_b005dfcc7d1346799 | |||
PG Paul George | Indian angel investor, co-founder of Nektar.ai, focused on tech startups | unknown_76c9b441d1764b83a | ||
JS John Shine | Indian angel investor focusing on early-stage startups in tech and innovation. | unknown_e794279501374afba | ||
AV Arun V | unknown_a3135c942c1448a1b | |||
AJ Ajit Jacob | unknown_d45f6c9f5bd34447a | |||
SS Shankha Suvra De | unknown_7d23976223544da79 | |||
PN Pola Naramma | unknown_9851ad3101a34f099 | |||
ED Ekta Dev | unknown_e39deba035644ec38 | |||
IG Idula G | unknown_3ce6adc8fccd45e88 |
Investor details for Banzan Studios
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Banzan Ventures Private Limited (Banzan Studios)
Banzan Ventures Private Limited is the primary company behind Banzan Studios. The board of Banzan Ventures Private Limited currently have 2 directors; the longest-serving is Mukesh Dev, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mukesh Dev DIN 07454302 | Director | 27 Nov 2017 | 8 yrs 11 mo | Banzan Ventures Private Limited |
| Arun DIN 08357383 | Director | 28 Sep 2019 | 7 yrs 1 mo | Banzan Ventures Private Limited |
People of Banzan Studios
2 people are tracked at Banzan Studios (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Banzan Studios
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Banzan Studios
Figures of Banzan Ventures Private Limited, the primary company behind Banzan Studios, for FY 2025. Revenue was ₹17.4 Lakh (-59% year on year). Net loss was -₹6.4 Lakh (-37% margin). EBITDA was ₹5.1 Lakh (30% margin). Revenue has grown at a compounded annual rate of +146% over three years and +125% over five years.
- ₹17.4 LakhRevenue · FY 2025 · -59% YoY
- -₹6.4 LakhNet loss · -37% margin
- ₹5.1 LakhEBITDA · 30% margin
- ₹1.3 LakhPaid-up capital
- +146%Revenue CAGR, 3 years
- +125%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Banzan Ventures Private Limited are on its company page.
Detailed financial statements for Banzan Studios
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Banzan Studios
4 dated milestones of Banzan Studios across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Banzan Studios is founded.
- Funding First funding round of $20K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed,.
Top companies in MMORPG & Online Gaming
3 companies that operate in the same segment as Banzan Studios (MMORPG & Online Gaming) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
Operator of a multifaceted platform for sports content and experiences | 2008 | Mumbai, Maharashtra, India | USD 942.17 M | USD 509.95 K | 1,310 | |
Skill-based online games are provided through a technology-driven platform. | 2006 | Mumbai, Maharashtra, India | USD 98.07 M | USD 264.51 M | 777 |
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Frequently Asked Questions about Banzan Studios
Banzan Studios was founded in 2020.
Banzan Studios is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
Mukesh Dev is the CEO of Banzan Studios, as recorded in our data. They have also founded this company.
Banzan Studios is a funded company, having raised a total of $47.52K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $20.36K, raised on Sep 2020.
The primary company behind Banzan Studios, Banzan Ventures Private Limited, reported revenue of ₹17.4 Lakh for FY 2025, down 59% year on year.
Banzan Studios was founded in 2020 in Kochi, India, as a developer of app-based casual games. Operations center on creating titles such as Numzy, a quiz game, and Yes or No with BaBlah, an FTP trivia game. These are distributed via Android and iOS app stores. Revenue is generated through in-app advertisements and purchases, targeting casual gaming users.
Banzan Studios has 33 investors. Key investors include Stpinext, Jinu Jacob, Paul George, John Shine, and Arun V.
The valuation of Banzan Studios is $2.53M as of Aug 2022.
Banzan Studios operates through Banzan Ventures Private Limited.
The legal entities of Banzan Studios currently have 2 directors, including Arun, Mukesh Dev.