About MadRat Games
MadRat Games is an Education company based in Bengaluru (India) founded in 2010 by Raj Dhariwal, Saurabh Mehta, Manuj Dhariwal, and Madhumita Halder. Activity-based learning games for children are designed and manufactured. MadRat Games has raised $2.08 million across 5 funding rounds from investors including Globevestor, Pivot Ventures and Ratan N Tata. The company has 1 employees. MadRat Games was last valued at $6.64 million in May 2015. Its Indian entity Madrat Games Private Limited reported revenue of ₹2.71 Cr. Its focus areas include EdTech, K-12 EdTech, B2C Learning Solutions and School Curriculum.
Company details
MadRat Games designs and produces wholesome games targeted at kids. The company claims to have sold 2 lakh games since its inception in 2010. The company also claims to have IP for 70 board game titles and 6 mobile game titles. It has received Manthan International Award. The company plans to design more games targeting parent-kid interaction. It received 1M from founders of Flipkart Snapdeal in 2015. Launched SuperSuit, - a wearable gaming platform for outdoor playing via gesture control in CES 2016. Raised 200k investment from Ratan Tata in June 2016.
- Headquarters Bengaluru, India
- Employees 1
- Founders Raj Dhariwal, Saurabh Mehta, Manuj Dhariwal, Madhumita Halder
- Stage Minicorn
- SectorsEducation
- Phone•••• ••••
- Website ww25.madratgames.com
- Social LinkedIn X Facebook
- Legal Name Madrat Games Private Limited
- Date of Incorporation 21 Jan, 2010
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2.71 Cr
FY 2015 · -1% YoY
- EBITDA-₹1.34 Cr
FY 2015 · -49% margin
- Total Equity Funding$2.08M (USD)
in 5 rounds
- InvestorsGlobevestor
& 18 more
- Employee Count1
Associated legal entities of MadRat Games
MadRat Games operates through Madrat Games Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2015) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Madrat Games Private Limited CIN U74900KA2010PTC052249 | Active | 21 Jan 2010 | Bangalore, Karnataka | ₹2.7 Cr | 1 | 2 | View details |
Funding Insights of MadRat Games
MadRat Games has successfully raised a total of $2.08M across 5 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 $2.08M
- Total Rounds 5
- First Round $500,000
(May 2012)
- Investors Count 19
All 5 funding rounds of MadRat 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 |
|---|---|---|---|---|---|
| Jun 2016 | Angel Round | – | Ratan N Tata, Bhavish Aggarwal | – | |
| May 2015 | $422,426 | Seed | $6.64M | – | |
| May 2014 | $1M | Seed | $6.02M | Binny Bansal | |
| Aug 2013 | $162,246 | Seed | $••••• | Blume Ventures | – |
| May 2012 | $500,000 | Seed | $••••• | Blume Ventures |
| Date | Valuation | Stage |
|---|---|---|
| May 2015 | $6.64M | •••••••• |
| May 2014 | $6.02M | •••••••• |
| Aug 2013 | $••••• | •••••••• |
| May 2012 | $••••• | •••••••• |
Full valuation and stage history of MadRat Games
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $6.64M (May 2015). 19 investors in total: 6 institutional and 13 angel.
Investors in MadRat Games
MadRat Games has secured backing from 19 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Globevestor, Pivot Ventures and Ratan N Tata.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
Venture capital investments in technology, consumer, and fintech platforms across India and beyond. | 2020 | pivotventures.in | Mumbai, India | |
Startup accelerator focused on insurtech | insurtechasia.org | Singapore, Singapore | ||
Equity-based crowdfunding platform for startups | 2013 | globevestor.com | Claymont, United States | |
Bookkeeping and related financial services are offered to businesses. | firstlightventure.com | Napa, United States | ||
RN Ratan N Tata | Chairman Emeritus of Tata Sons, iconic industrialist, and active angel investor | unknown_00417fac5ee247e7b | ||
BA Bhavish Aggarwal | Founder & CEO of Ola, leading Indian mobility platform, active angel investor | unknown_7cb376bf05074db78 | ||
AB Ankit Bhati | Co-founder of Ola, angel investor in Indian startups | unknown_dbc55584cf114e22a | ||
BB Binny Bansal | Co-founder of Flipkart, active angel investor, tech entrepreneur | unknown_66ebc9038cf946ae9 |
Investor details for MadRat Games
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Madrat Games Private Limited (MadRat Games)
Madrat Games Private Limited is the primary company behind MadRat Games. The board of Madrat Games Private Limited currently have 2 directors; the longest-serving is Rajat Dhariwal, appointed in 2010. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajat Dhariwal DIN 02865045 | Director | 21 Jan 2010 | 16 yrs 9 mo | Madrat Games Private Limited |
| Madhumita Halder DIN 03163126 | Director | 02 Aug 2010 | 16 yrs 3 mo | Madrat Games Private Limited |
People of MadRat Games
4 people are tracked at MadRat Games (4 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Raj Dhariwal | Founder | Leadership |
| Founder | Leadership | |
| Founder | Leadership | |
| Founder | Leadership |
Complete people profiles for MadRat 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.
Financials of MadRat Games
Figures of Madrat Games Private Limited, the primary company behind MadRat Games, for FY 2015. Revenue was ₹2.71 Cr (-1% year on year). EBITDA was -₹1.34 Cr (-49% margin).
- ₹2.71 CrRevenue · FY 2015 · -1% YoY
- -₹1.34 CrEBITDA · -49% margin
- ₹39.3 LakhPaid-up capital
- 1Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Madrat Games Private Limited are on its company page.
Detailed financial statements for MadRat Games
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of MadRat Games
4 dated milestones of MadRat Games across 6 years, from founding to its latest funding, stage changes and deals.
- Founded MadRat Games is founded.
- Funding First funding round of $500K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round,.
Web traffic of MadRat Games
Websites that share an audience with MadRat Games (madratgames.com).
Websites whose visitors overlap most with MadRat Games. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tatadocomo.com | 100% | View details | |||
| google.co.in | 100% | 77M | #407 | View details | |
| facebook.com | 100% | 12.1B | #3 | View details |
Top companies in Education Technology Platforms
3 companies that operate in the same segment as MadRat Games (Education Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 107.78 M | |||
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.33 M | USD 43.22 M | 1,140 |
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Related news about Madrat Games
Complete news archive for MadRat Games
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Frequently Asked Questions about MadRat Games
MadRat Games was founded in 2010 and raised its 1st funding round 2 years after it was founded.
MadRat Games is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
MadRat Games is a funded company, having raised a total of $2.08M across 5 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on May 2012.
MadRat Games has 1 employees.
The primary company behind MadRat Games, Madrat Games Private Limited, reported revenue of ₹2.71 Cr for FY 2015, down 1% year on year.
MadRat Games designs and produces wholesome games targeted at kids. The company claims to have sold 2 lakh games since its inception in 2010. The company also claims to have IP for 70 board game titles and 6 mobile game titles. It has received Manthan International Award. The company plans to design more games targeting parent-kid interaction. It received 1M from founders of Flipkart Snapdeal in 2015. Launched SuperSuit, - a wearable gaming platform for outdoor playing via gesture control in CES 2016. Raised 200k investment from Ratan Tata in June 2016.
MadRat Games has 19 investors. Key investors include Globevestor, Pivot Ventures, Ratan N Tata, Bhavish Aggarwal, and Ankit Bhati.
The valuation of MadRat Games is $6.64M as of May 2015.
MadRat Games operates through Madrat Games Private Limited.
The legal entities of MadRat Games currently have 2 directors, including Rajat Dhariwal, Madhumita Halder.