About Games24x7
Games24x7 is a company based in Mumbai (India) founded in 2006 by Trivikraman Thampy and Bhavin Pandya.. Games24x7 has raised $99.06 million across 6 funding rounds from investors including Bain Capital, Malabar Investments and Tiger Global. Games24x7 offers products and services including RummyCircle and My11Circle. Games24x7 operates in a competitive market with competitors including DraftKings, FanDuel, Dream Sports, PlayStudios and Huuuge Games, among others.
- Headquarter Mumbai, India
- Founders Trivikraman Thampy, Bhavin Pandya
- Stage Unicorn
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Sectors
Media & Entertainment
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Games24x7 Scientific Gaming Company
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$99.06 M (USD)
in 6 rounds
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Latest Funding Round
$75 M (USD), Series C
Mar 30, 2022
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Investors
Bain Capital
& 20 more
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Employee Count
Employee Count
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Products & Services of Games24x7
Games24x7 offers a comprehensive portfolio of products and services, including RummyCircle and My11Circle. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for playing Rummy games competitively online.
App for creating and managing fantasy sports teams.
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Funding Insights of Games24x7
Games24x7 has successfully raised a total of $99.06M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $75 million completed in March 2022. 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 Total Funding
- Total Rounds 6
- Last Round Series C — $75.0M
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First Round
First Round
(18 Apr 2011)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series C - Games24x7 | Valuation | Malabar Investments , Tiger Global Management | |
| Nov, 2021 | Amount | Angel Round - Games24x7 | Valuation | Alex Roetter |
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| Jun, 2021 | Amount | Series B - Games24x7 | Valuation | Raine |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Games24x7
Games24x7 has secured backing from 21 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bain Capital, Malabar Investments and Tiger Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Long/short and event-driven equity hedge fund and private equity firm focused on small to mid size companies
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Multiple sectors are targeted through private equity by Raine.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Games24x7
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Games24x7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Games24x7 Comparisons
Competitors of Games24x7
Games24x7 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DraftKings, FanDuel, Dream Sports, PlayStudios and Huuuge Games, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online fantasy sports platforms are provided for multiple sports.
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| domain | founded_year | HQ Location |
Developer of a fantasy platform for multiple sports
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| domain | founded_year | HQ Location |
Operator of a multifaceted platform for sports content and experiences
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| domain | founded_year | HQ Location |
Casino games are developed for mobile and web platforms.
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| domain | founded_year | HQ Location |
Mobile casino games with social features are developed for platforms.
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| domain | founded_year | HQ Location |
Real money skill-based gaming is facilitated through an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Games24x7
Frequently Asked Questions about Games24x7
When was Games24x7 founded?
Games24x7 was founded in 2006 and raised its 1st funding round 5 years after it was founded.
Where is Games24x7 located?
Games24x7 is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Games24x7?
Trivikraman Thampy is the current CEO of Games24x7. They have also founded this company.
Is Games24x7 a funded company?
Games24x7 is a funded company, having raised a total of $99.06M across 6 funding rounds to date. The company's 1st funding round was a Series B of $18.06M, raised on Apr 18, 2011.
What does Games24x7 do?
Games24x7 was established in 2006 in Mumbai, India, within the online gaming sector. An online platform is operated to deliver skill-based games, with artificial intelligence and technology integrated to support user experiences across devices. A range of skill and casual games is maintained in the portfolio, catering to players in the Indian market and beyond. Operations focus on secure, engaging digital gameplay environments.
Who are the top competitors of Games24x7?
Games24x7's top competitors include FanDuel, DraftKings and Dream Sports.
What products or services does Games24x7 offer?
Games24x7 offers RummyCircle and My11Circle.
Who are Games24x7's investors?
Games24x7 has 21 investors. Key investors include Bain Capital, Malabar Investments, Tiger Global, The Raine Group, and The Howard Partnership Trust.
What is Games24x7's valuation?
The valuation of Games24x7 is $2.53B as of Mar 2022.