About nCORE Games
nCORE Games is a Media & Entertainment company based in Bengaluru (India) founded in 2018. Mobile mid-core games are developed and published by nCORE Games. nCORE Games has raised $10 million across 2 funding rounds from investors including Polygon, Animoca Brands and Galaxy Interactive. The company has 15 employees. Its Indian entity Studio Ncore Private Limited reported revenue of ₹29.6 Lakh. Its focus areas include Mobile, Mobile Gaming, Game Publishers and Gaming.
Company details
nCORE Games was established in 2018 in Bengaluru, India, as an independent entity in the mobile gaming sector. Mid-core games for mobile platforms are developed and published by the company. Operations focus on game publishing, with partnerships including Rovio to support distribution and development efforts. The firm operates primarily from its base in India, targeting global mobile audiences through digital channels.
- Headquarters Bengaluru, India
- Employees 15
- SectorsMedia & Entertainment
- Email••••••••
- Website ncoregames.com
- Social LinkedIn X
- Legal Name Studio Ncore Private Limited
- Date of Incorporation 01 Apr, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹29.6 Lakh
FY 2025 · -50% YoY
- Net Profit₹20.2 Lakh
FY 2025 · 68% margin
- EBITDA₹22.8 Lakh
FY 2025 · 77% margin
- Total Equity Funding$10M (USD)
in 2 rounds
- Latest Funding Round$10M (USD), Series A
Jan 2022
- InvestorsPolygon
& 21 more
- Employee Count15
Associated legal entities of nCORE Games
nCORE Games is associated with 2 registered companies on The Company Check; the primary company is Studio Ncore Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Studio Ncore Private Limited CIN U72900KA2019PTC123036 | Active | 01 Apr 2019 | Bangalore, Karnataka | ₹0.3 Cr | 18 | 2 | View details |
| Ncore Gaming And It Solutions Private Limited CIN U72200KA2018PTC114319 | Strike Off | 28 Jun 2018 | Bangalore, Karnataka | ₹0.7 Cr | 2 | View details |
Funding Insights of nCORE Games
nCORE Games has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in January 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 $10M
- Total Rounds 2
- Last Round Series A — $10M
- Investors Count 22
All 2 funding rounds of nCORE 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 |
|---|---|---|---|---|---|
| Jan 2022 | $10M | Series A | – | Animoca Brands, Galaxy Interactive | |
| Feb 2019 | Angel Round | – | Vishal Gondal | – |
22 investors in total: 4 institutional and 18 angel.
Investors in nCORE Games
nCORE Games has secured backing from 22 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Polygon, Animoca Brands and Galaxy Interactive.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage interactive tech startups are funded by Galaxy Interactive. | galaxyinteractive.io | New York, United States | ||
Blockchain-focused accelerator backed by venture capital funding. | hyperedge.capital | |||
Blockchain-based PC and mobile games are developed and published. | 2006 | animocabrands.com | Kowloon, China | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | polygon.technology | George Town, Cayman Islands | |
AS Amitabh Singhal | unknown_75d51a55bf7440e9b | |||
SN Sandeep Nailwal | Co-founder of Polygon, prominent blockchain investor, and Indian crypto pioneer | unknown_4d0fef57bf534143a | ||
SC Sohil Chand | Managing Partner at Norwest Venture Partners, active angel investor in India. | unknown_d3c815fee90a49b39 | ||
AC Ashish Chand | Angel investor and entrepreneur, focused on tech startups in India. | unknown_af044f1ac08e4e5f8 | ||
KB Kanwaljit Bombra | unknown_05436c0f939a45adb | |||
TH Taj Haslani | Founder of Gozo Cabs, active angel investor in Indian startups | unknown_9138e0b8a75b46f5a |
Investor details for nCORE 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 Studio Ncore Private Limited (nCORE Games)
Studio Ncore Private Limited is the primary company behind nCORE Games. The boards of the 2 registered companies of nCORE Games currently have 4 directors; the longest-serving is Arindam Mitra, appointed in 2019. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arindam Mitra DIN 08468633 | Additional Director | 12 Jun 2019 | 7 yrs 4 mo | Ncore Gaming And It Solutions Private Limited |
| Manohar Karakatte Purushotham Reddy DIN 08468522 | Additional Director | 12 Jun 2019 | 7 yrs 4 mo | Ncore Gaming And It Solutions Private Limited |
| Kamal Chandran DIN 10043928 | Director | 27 Mar 2024 | 2 yrs 7 mo | Studio Ncore Private Limited |
| Sachin Janghel DIN 07516289 | Additional Director | 08 Jan 2026 | 10 mo | Studio Ncore Private Limited |
People of nCORE Games
4 people are tracked at nCORE Games (1 in leadership, 1 in board & advisors, 2 in team); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
Dayanidhi Mg | CEO | Leadership |
Vishal Gondal | Advisor | Board & advisors |
Shweta B Parab (We are always hiring) | Senior Human Resources Manager | Team |
Shweta Parab (Hiring enthusiastic gamers, drop in to know more) | Senior Human Resources Manager | Team |
Complete people profiles for nCORE Games
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of nCORE Games
Figures of Studio Ncore Private Limited, the primary company behind nCORE Games, for FY 2025. Revenue was ₹29.6 Lakh (-50% year on year). Net profit was ₹20.2 Lakh (68% margin). EBITDA was ₹22.8 Lakh (77% margin). Revenue has grown at a compounded annual rate of +31% over three years and -38% over five years.
- ₹29.6 LakhRevenue · FY 2025 · -50% YoY
- ₹20.2 LakhNet profit · 68% margin
- ₹22.8 LakhEBITDA · 77% margin
- ₹4.3 LakhPaid-up capital
- 18Employees (provident fund records)
- +31%Revenue CAGR, 3 years
- -38%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Studio Ncore Private Limited are on its company page.
Detailed financial statements for nCORE Games
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 nCORE Games
3 dated milestones of nCORE Games across 4 years, from founding to its latest funding, stage changes and deals.
- Founded nCORE Games is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $10.0M.
Top companies in MMORPG & Online Gaming
3 companies that operate in the same segment as nCORE Games (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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Related news about Ncore Games
Complete news archive for nCORE Games
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Frequently Asked Questions about nCORE Games
nCORE Games was founded in 2018 and raised its 1st funding round 1 year after it was founded.
nCORE Games is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
nCORE Games is a funded company, having raised a total of $10M across 2 funding rounds to date.
nCORE Games has 15 employees.
The primary company behind nCORE Games, Studio Ncore Private Limited, reported revenue of ₹29.6 Lakh for FY 2025, down 50% year on year.
nCORE Games was established in 2018 in Bengaluru, India, as an independent entity in the mobile gaming sector. Mid-core games for mobile platforms are developed and published by the company. Operations focus on game publishing, with partnerships including Rovio to support distribution and development efforts. The firm operates primarily from its base in India, targeting global mobile audiences through digital channels.
nCORE Games has 22 investors. Key investors include Polygon, Animoca Brands, Galaxy Interactive, Amitabh Singhal, and Hyperedge Capital.
nCORE Games is associated with 2 legal entities: Studio Ncore Private Limited, Ncore Gaming And It Solutions Private Limited.
The legal entities of nCORE Games currently have 4 directors, including Kamal Chandran, Sachin Janghel, Arindam Mitra and others.