LightFury Games

Bengaluru, India Founded: 2024 • Age: 2 yrs
Developer of casual games

About LightFury Games

LightFury Games is a Media & Entertainment company based in Bengaluru (India) founded in 2024 by Karan Shroff, Tina Balachandran, and Anurag Banerjee. Developer of casual games. LightFury Games has raised $8.5 million across 2 funding rounds from investors including MIXI, Gemba Capital and Blume Ventures. The company has 24 employees. Its chief executive, as recorded, is Karan Shroff. Its Indian entity Lightfury Games Private Limited reported revenue of β‚Ή4.41 Cr. Its focus areas include Mobile, Mobile Gaming, Game Developers and Core.

Company details

LightFury Games was established in 2024 in Bengaluru, India, within the gaming sector. AAA titles are built by the company, starting with mobile platforms and planned for expansion to consoles. Development efforts include E-Cricket, a sports simulation game designed for digital cricket experiences. Operations are managed by a leadership team comprising co-founders Karan Shroff as CEO, Tina Balachandran as CPO, Anurag Banerjee as CTO, and Rahul Menon as CFO.

Key Metrics
  • Annual Revenue
    ₹4.41 Cr

    FY 2025 · +157% YoY

  • Net Loss
    -₹3.93 Cr

    FY 2025 · -89% margin

  • EBITDA
    -₹3.40 Cr

    FY 2025 · -77% margin

  • Total Equity Funding
    $8.5M (USD)

    in 2 rounds

  • Investors
    MIXI

    & 4 more

  • Employee Count
    24

Funding Insights of LightFury Games

LightFury Games has successfully raised a total of $8.5M across 2 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 $8.5M
  • Total Rounds 2
  • First Round $8.5M

    (Apr 2024)

  • Investors Count 5

All 3 funding rounds of LightFury Games with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2026Angel Round––
–
Apr 2026$11MSeed––
Blume Venture,V3 Ventures
Apr 2024$8.5MSeed–Blume Ventures
Valuation history

5 investors in total: 3 institutional and 2 angel.

Investors in LightFury Games

LightFury Games has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include MIXI, Gemba Capital and Blume Ventures.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Seed and early-stage investments are made across sectors in India.
blume.vcMumbai, India
Venture capital firm backing startups in Fintech and Consumer Tech sectors.
2017gembacapital.inBengaluru, India
Mobile games and social platforms are developed and published.
1999mixi.co.jpShibuya, Japan

Kunal Shah

Founder of CRED, serial entrepreneur, and prominent Indian angel investor
unknown_707422eac1214c87b

Gaurav Munjal

CEO of Unacademy, edtech pioneer, active angel investor in Indian startups
unknown_a458ee8082ae4724b
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Investor details for LightFury Games

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Board of directors of Lightfury Games Private Limited (LightFury Games)

Lightfury Games Private Limited is the primary company behind LightFury Games. The board of Lightfury Games Private Limited currently have 2 directors; the longest-serving is Karan R Shroff, appointed in 2024. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Karan R Shroff
DIN 10526831
Director28 Feb 20242 yrs 7 moLightfury Games Private Limited
Tina Balachandran
DIN 10586007
Director07 Oct 20242 yrsLightfury Games Private Limited

People of LightFury Games

10 people are tracked at LightFury Games (8 in leadership, 2 in team); the tracked headcount is 24.

NameRoleGroup
Co-Founder & CEOLeadership
Co-Founder & CPOLeadership
Anurag Banerjee
Co-Founder & CTOLeadership
Rahul Menon
CFOLeadership
Chong-U Lim
CTOLeadership
Daniel Hall
Senior Director Of EngineeringLeadership
Justin Farren
Chief Creative Officer (cco)Leadership
Nikita Arora
Head Of Legal & General CounselLeadership
Utkarsh Bagade
Principal EngineerTeam
Darshan N
Senior System EngineerTeam
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Financials of LightFury Games

Figures of Lightfury Games Private Limited, the primary company behind LightFury Games, for FY 2025. Revenue was ₹4.41 Cr (+157% year on year). Net loss was -₹3.93 Cr (-89% margin). EBITDA was -₹3.40 Cr (-77% margin). Revenue has grown at a compounded annual rate of +72% over three years and +53% over five years.

  • ₹4.41 CrRevenue · FY 2025 · +157% YoY
  • -₹3.93 CrNet loss · -89% margin
  • -₹3.40 CrEBITDA · -77% margin
  • ₹53.3 LakhPaid-up capital
  • 24Employees (provident fund records)
  • +72%Revenue CAGR, 3 years
  • +53%Revenue CAGR, 5 years

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

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Detailed financial statements for LightFury Games

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Verified entity values are shown only after access is granted.

Timeline of LightFury Games

3 dated milestones of LightFury Games across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded LightFury Games is founded.
  2. Funding First funding round of $8.5M.
  3. Funding Latest funding round, Seed,.

Web traffic of LightFury Games

The website of LightFury Games (lightfurygames.com) receives about 10K visits a month.

  • Monthly visits
    10K

    ▲ 142.1% vs previous month

Top companies in MMORPG & Online Gaming

3 companies that operate in the same segment as LightFury Games (MMORPG & Online Gaming) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Operator of a platform providing skill-based games and interactive entertainment
2018Delhi, Delhi, IndiaUSD 92 MUSD 83.05 M1
Operator of a multifaceted platform for sports content and experiences
2008Mumbai, Maharashtra, IndiaUSD 942.17 MUSD 509.95 K1,310
Skill-based online games are provided through a technology-driven platform.
2006Mumbai, Maharashtra, IndiaUSD 98.07 MUSD 264.51 M777
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Related news about Lightfury Games

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Frequently Asked Questions about LightFury Games

LightFury Games was founded in 2024.

LightFury Games is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Karan Shroff is the CEO of LightFury Games, as recorded in our data. They have also founded this company.

LightFury Games is a funded company, having raised a total of $8.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $8.5M, raised on Apr 2024.

LightFury Games has 24 employees.

The primary company behind LightFury Games, Lightfury Games Private Limited, reported revenue of β‚Ή4.41 Cr for FY 2025, up 157% year on year.

LightFury Games was established in 2024 in Bengaluru, India, within the gaming sector. AAA titles are built by the company, starting with mobile platforms and planned for expansion to consoles. Development efforts include E-Cricket, a sports simulation game designed for digital cricket experiences. Operations are managed by a leadership team comprising co-founders Karan Shroff as CEO, Tina Balachandran as CPO, Anurag Banerjee as CTO, and Rahul Menon as CFO.

LightFury Games has 5 investors. Key investors include MIXI, Gemba Capital, Blume Ventures, Kunal Shah, and Gaurav Munjal.

LightFury Games operates through Lightfury Games Private Limited.

The legal entities of LightFury Games currently have 3 directors, including Tina Balachandran, Karan R Shroff, Rahul Menon.

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