About Circle of Games
Circle of Games is a Media & Entertainment company based in Bengaluru (India) founded in 2022 by Rajeeb V C, Rohit Tiwari, and Rabilal Thapa. Blockchain-based casual mobile games with crypto rewards are developed. Circle of Games has raised $1.54 million across 3 funding rounds from investors including Nazara, Chingari and The Hashgraph Association. The company has 7 employees. Circle of Games was last valued at $8.74 million in July 2022. Circle of Games offers products and services including Ludo, Fruit Slash, Bubble Shooter, Chess, and 8-Ball Pool. Its focus areas include Mobile, Mobile Gaming, Blockchain Gaming and Games. Its legal entity in India is Capital Source Technologies Private Limited (U72900KA2022PTC160638).
Company details
Circle of Games was founded in 2022 in Bengaluru, India, focusing on the blockchain gaming sector. Casual mobile games integrated with Web3 technology are developed, enabling users to earn cryptocurrency through gameplay. Blockchain ensures secure and transparent reward distribution. A diverse portfolio of titles is maintained, with ongoing expansion of the game library. Crypto earnings are managed via an integrated wallet. Operations emphasize accessible Web3 features in everyday mobile gaming.
- Headquarters Bengaluru, India
- Employees 7
- Founders Rajeeb V C, Rohit Tiwari, Rabilal Thapa
- Stage Minicorn
- SectorsMedia & Entertainment
- Email••••••••
- Website circleofgames.com
- Social LinkedIn X Facebook Instagram
- Legal Name Capital Source Technologies Private Limited
- Date of Incorporation 28 Apr, 2022
- Jurisdiction Bangalore, Karnataka, India
- Total Equity Funding$1.54M (USD)
in 3 rounds
- Latest Funding Round$1M (USD), Seed
Apr 2024
- InvestorsNazara
& 4 more
- Employee Count7
Associated legal entities of Circle of Games
Circle of Games operates through Capital Source Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Capital Source Technologies Private Limited CIN U72900KA2022PTC160638 | Active | 28 Apr 2022 | Bangalore, Karnataka | 7 | 3 | View details |
Products & Services of Circle of Games
Circle of Games offers a comprehensive portfolio of products and services, including Ludo, Fruit Slash, Bubble Shooter, Chess, and 8-Ball Pool.
Blockchain-based board game for earning crypto rewards through gameplay.
Action-packed game with integrated blockchain rewards system.
Puzzle game allowing users to earn assets via blockchain technology.
Strategic game with play-to-earn features using blockchain integration.
Multiplayer game enabling reward earning through blockchain mechanics.
Apps and channels of Circle of Games
Circle of Games publishes 2 mobile apps with over 100K+ downloads.
Funding Insights of Circle of Games
Circle of Games has successfully raised a total of $1.54M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in April 2024. 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 $1.54M
- Total Rounds 3
- Last Round Seed — $1M
- First Round $50,102
(Jun 2022)
- Investors Count 5
All 3 funding rounds of Circle of Games 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 |
|---|---|---|---|---|---|
| Apr 2024 | $1M | Seed | – | – | |
| Jul 2022 | $494,290 | Seed | $8.74M | Chingari, Sabag Nimrod | – |
| Jun 2022 | $50,102 | Angel Round | $301,174 | Sumit Ghosh | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2022 | $8.74M | •••••••• |
Last known valuation $8.74M (Jul 2022). 5 investors in total: 3 institutional and 2 angel.
Investors in Circle of Games
Circle of Games has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Nazara, Chingari and The Hashgraph Association.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified gaming and sports media platforms are operated and developed. | 1999 | nazara.com | Mumbai, India | |
The Hashgraph Association is focused on digital enablement and empowerment of organizations through blockchain technology. | hashgraph.swiss | Pfäffikon SZ, Switzerland | ||
Social media platform that helps users to create and monetize short-form video content | 2018 | chingari.io | Bengaluru, India | |
SN Sabag Nimrod | unknown_61aaaca1ee74442fb | |||
SG Sumit Ghosh | unknown_9079490dee414d0c9 |
Investor details for Circle of Games
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 Capital Source Technologies Private Limited (Circle of Games)
Capital Source Technologies Private Limited is the primary company behind Circle of Games. The board of Capital Source Technologies Private Limited currently have 3 directors; the longest-serving is Rohit Tiwari, appointed in 2022. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohit Tiwari DIN 09460561 | Director | 28 Apr 2022 | 4 yrs 6 mo | Capital Source Technologies Private Limited |
| Rabilal Thapa DIN 07922893 | Director | 28 Apr 2022 | 4 yrs 6 mo | Capital Source Technologies Private Limited |
| Rajeeb Cherckal Vaisiam DIN 07325903 | Additional Director | 28 Sep 2022 | 4 yrs 1 mo | Capital Source Technologies Private Limited |
People of Circle of Games
3 people are tracked at Circle of Games (3 in leadership); the tracked headcount is 7.
| Name | Role | Group |
|---|---|---|
Rajeeb V C | Co-Founder & CTO | Leadership |
| Co-Founder & CMO | Leadership | |
| Co-Founder & COO | Leadership |
Complete people profiles for Circle of Games
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.
Timeline of Circle of Games
4 dated milestones of Circle of Games across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Circle of Games is founded.
- Funding First funding round of $50K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.0M.
Top companies in MMORPG & Online Gaming
3 companies that operate in the same segment as Circle of Games (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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Related news about Circle Of Games
Complete news archive for Circle of Games
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Frequently Asked Questions about Circle of Games
Circle of Games was founded in 2022.
Circle of Games is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Circle of Games is a funded company, having raised a total of $1.54M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $50.1K, raised on Jun 2022.
Circle of Games has 7 employees.
Circle of Games was founded in 2022 in Bengaluru, India, focusing on the blockchain gaming sector. Casual mobile games integrated with Web3 technology are developed, enabling users to earn cryptocurrency through gameplay. Blockchain ensures secure and transparent reward distribution. A diverse portfolio of titles is maintained, with ongoing expansion of the game library. Crypto earnings are managed via an integrated wallet. Operations emphasize accessible Web3 features in everyday mobile gaming.
Circle of Games offers Ludo, Fruit Slash, Bubble Shooter, Chess, and 8-Ball Pool.
Circle of Games has 5 investors. Key investors include Nazara, Chingari, The Hashgraph Association, Sabag Nimrod, and Sumit Ghosh.
The valuation of Circle of Games is $8.74M as of Jul 2022.
Circle of Games operates through Capital Source Technologies Private Limited.
The legal entities of Circle of Games currently have 3 directors, including Rohit Tiwari, Rabilal Thapa, Rajeeb Cherckal Vaisiam.
Yes. Circle of Games publishes Circle Of Games - Fun Games and 1 more app, with over 100,000 downloads.