About Gape Labs
Gape Labs is a Media & Entertainment company based in Bengaluru (India) founded in 2023 by Naren Budhwani. Mobile games in mid-core genres are developed and published. Gape Labs has raised $155.72 thousand across 1 funding round from investors including 100X.VC. Gape Labs was last valued at $998.48 thousand in May 2024. Its chief executive, as recorded, is Naren Budhwani. Gape Labs offers products and services including Arcado Champs and Wizardy. Its focus areas include Mobile, Mobile Gaming, Game Developers and Mid-Core. Its legal entity in India is Gape Labs Private Limited (U90009MH2023PTC415877).
Company details
Gape Labs was founded in 2023 in Bengaluru, India, as a game development studio. Mobile games are developed and published, with emphasis placed on mid-core genres. AI-powered capabilities are employed to build digital experiences for global audiences. Operations center on titles like Arcado Champs, a multiplayer real-time strategy game inspired by an abandoned arcade machine narrative.
- Headquarters Bengaluru, India
- Founders Naren Budhwani
- SectorsMedia & Entertainment
- Email••••••••
- Website gapelabs.com
- Social LinkedIn
- Legal Name Gape Labs Private Limited
- Date of Incorporation 22 Dec, 2023
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹30,117
FY 2024
- Net Loss-₹5.5 Lakh
FY 2024 · -1825% margin
- EBITDA-₹5.5 Lakh
FY 2024 · -1823% margin
- Total Equity Funding$155.72K (USD)
in 1 rounds
- Latest Funding Round$155.72K (USD), Seed
May 2024
- Investors
Associated legal entities of Gape Labs
Gape Labs operates through Gape Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gape Labs Private Limited CIN U90009MH2023PTC415877 | Active | 22 Dec 2023 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details |
Products & Services of Gape Labs
Gape Labs offers a comprehensive portfolio of products and services, including Arcado Champs and Wizardy.
Multiplayer strategy game with AI elements for battling in arcade settings.
Platform for building AI-first games with orchestration features.
Apps and channels of Gape Labs
Gape Labs publishes 2 mobile apps with over 100K+ downloads.
Funding Insights of Gape Labs
Gape Labs has successfully raised a total of $155.72K through 1 strategic funding round. The most recent funding activity was a Seed round of $155.72 thousand completed in May 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 $155,721
- Total Rounds 1
- Last Round Seed — $155,721
- First Round $155,721
(May 2024)
- Investors Count 1
All 1 funding rounds of Gape Labs 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 |
|---|---|---|---|---|---|
| May 2024 | $155,721 | Seed | $998,475 | 100X.VC | – |
Last known valuation $998,475 (May 2024). 1 investors in total: 1 institutional.
Investors in Gape Labs
Gape Labs has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 100X.VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by 100X.VC venture capital firm. | 100x.vc | Mumbai, India |
Investor details for Gape Labs
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 Gape Labs Private Limited (Gape Labs)
Gape Labs Private Limited is the primary company behind Gape Labs. The board of Gape Labs Private Limited currently have 2 directors; the longest-serving is Naren Tulso Budhwani, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Naren Tulso Budhwani DIN 10436308 | Director | 22 Dec 2023 | 2 yrs 10 mo | Gape Labs Private Limited |
| Sunita Tulso Budhwani DIN 10181403 | Director | 22 Dec 2023 | 2 yrs 10 mo | Gape Labs Private Limited |
People of Gape Labs
1 people are tracked at Gape Labs (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Gape Labs
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 Gape Labs
Figures of Gape Labs Private Limited, the primary company behind Gape Labs, for FY 2024. Revenue was ₹30,117. Net loss was -₹5.5 Lakh (-1825% margin). EBITDA was -₹5.5 Lakh (-1823% margin).
- ₹30,117Revenue · FY 2024
- -₹5.5 LakhNet loss · -1825% margin
- -₹5.5 LakhEBITDA · -1823% margin
- ₹1.4 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Gape Labs Private Limited are on its company page.
Detailed financial statements for Gape Labs
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 Gape Labs
2 dated milestones of Gape Labs across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Gape Labs is founded.
- Funding First funding round of $156K.
Top companies in MMORPG & Online Gaming
3 companies that operate in the same segment as Gape Labs (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 Gape Labs
Gape Labs was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Gape Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Naren Budhwani is the CEO of Gape Labs, as recorded in our data. They have also founded this company.
Gape Labs is a funded company, having raised a total of $155.72K across 1 funding round to date. The company's 1st funding round was a Seed of $155.72K, raised on May 2024.
The primary company behind Gape Labs, Gape Labs Private Limited, reported revenue of ₹30,117 for FY 2024.
Gape Labs was founded in 2023 in Bengaluru, India, as a game development studio. Mobile games are developed and published, with emphasis placed on mid-core genres. AI-powered capabilities are employed to build digital experiences for global audiences. Operations center on titles like Arcado Champs, a multiplayer real-time strategy game inspired by an abandoned arcade machine narrative.
Gape Labs offers Arcado Champs and Wizardy.
Gape Labs has 1 investor. Key investors include 100X.VC.
The valuation of Gape Labs is $998.48K as of May 2024.
Gape Labs operates through Gape Labs Private Limited.
The legal entities of Gape Labs currently have 2 directors, including Naren Tulso Budhwani, Sunita Tulso Budhwani.
Yes. Gape Labs publishes Arcado Champs: Tower Defense and 1 more app, with over 100,000 downloads.