Cyforce

Mumbai, India Founded: 2021 • Age: 5 yrs
Online platform for casino games, sports betting, and secure transactions.

About Cyforce

Cyforce is a Consumer company based in Mumbai (India) founded in 2021. It operates as an online platform for casino games, sports betting, and secure transactions. It operates on a B2C model. The company has 1 employees. Its Indian entity Cyforce Private Limited reported revenue of β‚Ή34.9 Lakh. Cyforce offers products and services including Casino Platform, Sports Betting Service, and Slot Games. Its focus areas include Gaming Tech, Online Gambling and Casino and Sports Betting. Its competitors include Optiv Security, CertiK, Convergint, SilverSky and NSO Group and 4 more; 8 of its 9 listed competitors have raised funding.

Company details

Meritking operates as an online platform offering casino games, sports betting, and slot machines. It enables access via mobile and desktop devices with a fast, secure interface and various bonuses. The service emphasizes data protection through encryption and provides multiple payment options like crypto and e-wallets for seamless transactions. It targets users seeking gambling entertainment globally.

Key Metrics
  • Annual Revenue
    ₹34.9 Lakh

    FY 2025 · -81% YoY

  • Net Loss
    -₹12.8 Lakh

    FY 2025 · -37% margin

  • EBITDA
    -₹4.6 Lakh

    FY 2025 · -13% margin

  • Employee Count
    1

Products & Services of Cyforce

Cyforce offers a comprehensive portfolio of products and services, including Casino Platform, Sports Betting Service, and Slot Games.

Casino Platform
Online Gambling

Platform for accessing casino games and betting services securely.

Sports Betting Service
Betting

Service for placing bets on sports events online.

Slot Games
Gaming

Collection of slot machines for entertainment purposes.

Board of directors of Cyforce Private Limited (Cyforce)

Cyforce Private Limited is the primary company behind Cyforce. The board of Cyforce Private Limited currently have 2 directors; the longest-serving is Makarand Jaywant Wagh, appointed in 2021.

DirectorDesignationAppointedTenureEntity
Makarand Jaywant Wagh
DIN 08409709
Director26 Jul 20215 yrs 2 moCyforce Private Limited
Santosh Jaywant Wagh
DIN 08720533
Director26 Jul 20215 yrs 2 moCyforce Private Limited

Financials of Cyforce

Figures of Cyforce Private Limited, the primary company behind Cyforce, for FY 2025. Revenue was ₹34.9 Lakh (-81% year on year). Net loss was -₹12.8 Lakh (-37% margin). EBITDA was -₹4.6 Lakh (-13% margin). Revenue has grown at a compounded annual rate of -13% over three years.

  • ₹34.9 LakhRevenue · FY 2025 · -81% YoY
  • -₹12.8 LakhNet loss · -37% margin
  • -₹4.6 LakhEBITDA · -13% margin
  • ₹1 LakhPaid-up capital
  • -13%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Cyforce Private Limited are on its company page.

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Detailed financial statements for Cyforce

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Competitors of Cyforce

Cyforce has 9 listed competitors in our database, 8 of them funded. They include Optiv Security, CertiK, Convergint, SilverSky and NSO Group, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
optiv.com1999Denver, United States$4.05M561
IT risk management solutions are delivered via a specialized platform.
certik.com2017New York, United States$296.15M–
Online platform for blockchain and smart contract cybersecurity
convergint.com2001Schaumburg, United States$100,0004,327
Electronic security and fire alarm systems are integrated and serviced.
silversky.com1997Guildford, United Kingdom$31.5M–
Cloud security and compliance solution company
nsogroup.com2009Herzliya, Israel––
Cyber monitoring solutions and security research are provided for defense.
netspi.com2001Minneapolis, United States$500M–
Attack surface management, threat detection, and pentesting services are offered.
cyble.com2019Alpharetta, United States$44.33M–
AI-native platforms for cyber threat intelligence are provided by Cyble.
dataguard.de2018Munich, Germany$80.41M31
IT security, consulting, and data protection services are provided.
aujas.com2008Cupertino, United States$18.85M513
A platform for security analytics and risk assessment is provided.
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Detailed competitors of Cyforce

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Top companies in Gambling & Entertainment Platforms

10 companies that operate in the same segment as Cyforce (Gambling & Entertainment Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Licensed sports merchandise, collectibles, and betting platforms are provided.
2011New York, New York, United StatesUSD 4.85 B–14,656
Online skill-based games are developed across platforms and genres.
2010Delhi, Delhi, IndiaUSD 1.79 MUSD 166.95 M699
Mobile casino games with social features are developed for platforms.
2014Warsaw, PolandUSD 8.6 MUSD 246.28 M428
An online platform for skill-based gaming competitions is provided.
2019Gurugram, Haryana, IndiaUSD 25.96 MUSD 11.28 M39
Provider of online skill-based gaming platforms
2005Hyderabad, Telangana, IndiaUSD 81.87 MUSD 128.91 M529
Developer of a micro-betting platform for sports
2022Miami, Florida, United StatesUSD 102 M––
Provider of a P2P sports betting platform
2021New York, New York, United StatesUSD 75 M–94
Multi-category online gambling is facilitated via an app-based platform.
1934London, England, United Kingdom–USD 1.71 B10,239
Online platform for betting on multiple sports is provided.
2001Stoke On Trent, England, United Kingdom–––
Casual mobile games are developed and published by SciPlay.
2007London, England, United Kingdom–––
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Frequently Asked Questions about Cyforce

Cyforce was founded in 2021.

Cyforce is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Cyforce has 1 employees.

The primary company behind Cyforce, Cyforce Private Limited, reported revenue of β‚Ή34.9 Lakh for FY 2025, down 81% year on year.

Meritking operates as an online platform offering casino games, sports betting, and slot machines. It enables access via mobile and desktop devices with a fast, secure interface and various bonuses. The service emphasizes data protection through encryption and provides multiple payment options like crypto and e-wallets for seamless transactions. It targets users seeking gambling entertainment globally.

Cyforce's top competitors include CertiK, Optiv Security and SilverSky.

Cyforce offers Casino Platform, Sports Betting Service, and Slot Games.

Cyforce operates through Cyforce Private Limited.

The legal entities of Cyforce currently have 2 directors, including Makarand Jaywant Wagh, Santosh Jaywant Wagh.

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