About Maxamtech Digital Ventures
Maxamtech Digital Ventures is a Media & Entertainment company based in Pune (India) founded in 2017 by Sundeep Thusu and Xerxes Mullan, and was acquired by QYOU Media in October 2022. It operates as a game engines for multiplayer game development are provided. Its Indian entity Maxamtech Digital Ventures Private Limited reported revenue of ₹1.53 Cr. Its focus areas include Gaming, Gaming Tech, Development and Game Engines. Its competitors include Epic Games, Unity, Animoca Brands, Rec Room and Playco and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Maxamtech Digital Ventures was founded in 2017 in Pune, India, within the gaming sector. Game engines are supplied for multiplayer game creation via the Gaming 360 platform, which incorporates leaderboards, turn-based multiplayer, live video recording, and live streaming. Customized solutions are also delivered for fintech applications and gamification initiatives. Operations focus on enabling developers with these tools and services.
- Headquarters Pune, India
- Founders Sundeep Thusu, Xerxes Mullan
- SectorsMedia & Entertainment
- Email••••••••
- Website maxamventures.com
- Acquired by QYOU Media (Oct 2022)
- Legal Name Maxamtech Digital Ventures Private Limited
- Date of Incorporation 02 Mar, 2017
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹1.53 Cr
FY 2023 · -47% YoY
- Net Profit₹21.8 Lakh
FY 2023 · 14% margin
- EBITDA₹31.9 Lakh
FY 2023 · 21% margin
- Investors
- Acquired byQYOU Media
(Oct 2022)
Associated legal entities of Maxamtech Digital Ventures
Maxamtech Digital Ventures operates through Maxamtech Digital Ventures Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Maxamtech Digital Ventures Private Limited CIN U72100PN2017PTC169213 | Active | 02 Mar 2017 | Pune, Maharashtra | ₹1.5 Cr | – | 5 | View details |
Investors in Maxamtech Digital Ventures
Maxamtech Digital Ventures has secured backing from 1 investor. Prominent investors backing the company include QYOU Media.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of influencer marketing and content creation services | 2013 | qyoumedia.com | Los Angeles, United States |
Investor details for Maxamtech Digital Ventures
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 Maxamtech Digital Ventures Private Limited (Maxamtech Digital Ventures)
Maxamtech Digital Ventures Private Limited is the primary company behind Maxamtech Digital Ventures. The board of Maxamtech Digital Ventures Private Limited currently have 5 directors; the longest-serving is Xerxes Aspi Mullan, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Xerxes Aspi Mullan DIN 01238848 | Director | 02 Mar 2017 | 9 yrs 7 mo | Maxamtech Digital Ventures Private Limited |
| Sundeep Kuldeep Thusu DIN 07944821 | Director | 21 Sep 2017 | 9 yrs | Maxamtech Digital Ventures Private Limited |
| Curt Marvis DIN 08231593 | Director | 31 Jan 2023 | 3 yrs 8 mo | Maxamtech Digital Ventures Private Limited |
| Sunder Aaron DIN 03533631 | Director | 31 Jan 2023 | 3 yrs 8 mo | Maxamtech Digital Ventures Private Limited |
| Kevin Richard Williams DIN 10145140 | Director | 17 Jul 2023 | 3 yrs 2 mo | Maxamtech Digital Ventures Private Limited |
People of Maxamtech Digital Ventures
4 people are tracked at Maxamtech Digital Ventures (2 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Founder | Leadership | |
Darshan More | Senior Software Engineer | Team |
Varsha Bhosale-Bhondve | UI Developer | Team |
Complete people profiles for Maxamtech Digital Ventures
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 Maxamtech Digital Ventures
Figures of Maxamtech Digital Ventures Private Limited, the primary company behind Maxamtech Digital Ventures, for FY 2023. Revenue was ₹1.53 Cr (-47% year on year). Net profit was ₹21.8 Lakh (14% margin). EBITDA was ₹31.9 Lakh (21% margin). Revenue has grown at a compounded annual rate of -10% over three years and +43% over five years.
- ₹1.53 CrRevenue · FY 2023 · -47% YoY
- ₹21.8 LakhNet profit · 14% margin
- ₹31.9 LakhEBITDA · 21% margin
- ₹2.1 LakhPaid-up capital
- -10%Revenue CAGR, 3 years
- +43%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Maxamtech Digital Ventures Private Limited are on its company page.
Detailed financial statements for Maxamtech Digital Ventures
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 Maxamtech Digital Ventures
2 dated milestones of Maxamtech Digital Ventures across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Maxamtech Digital Ventures is founded.
- Exit Acquired by QYOU Media.
Competitors of Maxamtech Digital Ventures
Maxamtech Digital Ventures has 9 listed competitors in our database, 9 of them funded. They include Epic Games, Unity, Animoca Brands, Rec Room and Playco, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| epicgames.com | 1991 | Cary, United States | $8.13B | 771 | Provider of cross-platform game engine technology | |
| unity.com | 2004 | San Francisco, United States | $893.5M | 7,703 | Unity is recognized as a leading real-time development platform. | |
| animocabrands.com | 2006 | Kowloon, China | $880.19M | 177 | Blockchain-based PC and mobile games are developed and published. | |
| recroom.com | 2016 | Seattle, United States | $270.82M | 279 | Tools for creating and playing games are provided without coding. | |
| play.co | 2020 | Tokyo, Japan | $100M | 40 | Developer of social web games for PC and console | |
| immutable.com | 2018 | Surry Hills, Australia | $857.4M | – | Blockchain infrastructure for NFT games and applications is developed. | |
| enjin.io | 2009 | Singapore | $19M | – | Virtual assets are created via a blockchain-based gaming platform. | |
| skymavis.com | 2019 | Singapore | $311M | – | Blockchain-based NFT games are developed for strategy and role-playing genres. | |
| coronalabs.com | 2008 | Palo Alto, United States | $4.75M | – | Cross-platform framework for mobile game and app development is offered. |
Detailed competitors of Maxamtech Digital Ventures
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Gaming Platforms & Ecosystem
10 companies that operate in the same segment as Maxamtech Digital Ventures (Gaming Platforms & Ecosystem), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital entertainment, e-commerce, and financial services are provided globally. | 2006 | Singapore | USD 721.47 M | USD 22.94 B | 80,700 | |
Gaming hardware and accessories are developed for players. | 2005 | Irvine, California, United States | USD 126.27 M | – | – | |
Provider of cross-platform game engine technology | 1991 | Cary, North Carolina, United States | USD 8.13 B | – | 771 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
ESports social video streaming platform | 2006 | San Francisco, California, United States | USD 35.12 M | – | – | |
Microsoft is recognized for software, hardware, and gaming solutions. | 1975 | Redmond, Washington, United States | – | USD 281.72 B | 228,000 | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Custom overlay apps for PC games are developed. | 2009 | Ramat Gan, Tel Aviv District, Israel | USD 149.74 M | – | – | |
Unity is recognized as a leading real-time development platform. | 2004 | San Francisco, California, United States | USD 893.5 M | USD 1.85 B | 4,990 | |
Group voice, video, and text communication platform is provided. | 2012 | San Francisco, California, United States | USD 922.3 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Maxamtech Digital Ventures
Complete news archive for Maxamtech Digital Ventures
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Maxamtech Digital Ventures
Maxamtech Digital Ventures was founded in 2017.
Maxamtech Digital Ventures is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind Maxamtech Digital Ventures, Maxamtech Digital Ventures Private Limited, reported revenue of ₹1.53 Cr for FY 2023, down 47% year on year.
Maxamtech Digital Ventures was founded in 2017 in Pune, India, within the gaming sector. Game engines are supplied for multiplayer game creation via the Gaming 360 platform, which incorporates leaderboards, turn-based multiplayer, live video recording, and live streaming. Customized solutions are also delivered for fintech applications and gamification initiatives. Operations focus on enabling developers with these tools and services.
Maxamtech Digital Ventures's top competitors include Epic Games, Animoca Brands and Unity.
Maxamtech Digital Ventures has 1 investor. Key investors include QYOU Media.
Maxamtech Digital Ventures operates through Maxamtech Digital Ventures Private Limited.
Yes. Maxamtech Digital Ventures was acquired by QYOU Media in October 2022.
The legal entities of Maxamtech Digital Ventures currently have 5 directors, including Xerxes Aspi Mullan, Sundeep Kuldeep Thusu, Curt Marvis and others.