About PlaySimple
PlaySimple is a company based in Bengaluru (India) founded in 2014 by Siddhanth Jain, Suraj Nalin, and Preeti Reddy was acquired by Modern Times Group in July 2021. PlaySimple has raised $4.5 million across 3 funding rounds from investors including Google, Modern Times Group and Chiratae Ventures. The company has 318 employees as of April 05, 2024. PlaySimple offers products and services including Word Trip, Word Jam, Daily Themed Crossword, and Word Search. PlaySimple operates in a competitive market with competitors including Lumosity, Brainwell, Makkajai, Happy Adda and Peppy Pals, among others.
- Headquarter Bengaluru, India
- Employees 318 as on 05 Apr, 2024
- Founders Siddhanth Jain, Suraj Nalin, Preeti Reddy
- Stage Minicorn
-
Sectors
Media & Entertainment
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Playsimple Games Private Limited
- Date of Incorporation 24 Nov, 2014
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$194.1 M (USD)84.13as on Dec 31, 2022
-
Net Profit
$38.24 M (USD)265.17as on Dec 31, 2022
-
EBITDA
$50.21 M (USD)193.69as on Dec 31, 2022
-
Total Equity Funding
$4.5 M (USD)
in 3 rounds
-
Latest Funding Round
$4 M (USD), Series A
Nov 11, 2016
-
Investors
Google
& 4 more
-
Employee Count
318
as on Apr 05, 2024
-
Acquired by
Modern Times Group
(Jul 02, 2021)
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
Products & Services of PlaySimple
PlaySimple offers a comprehensive portfolio of products and services, including Word Trip, Word Jam, Daily Themed Crossword, and Word Search.
Vocabulary challenge game with puzzles for word enthusiasts.
Word-based game involving jams and solving activities.
Daily puzzles testing knowledge of themed crosswords.
Game for finding words in grids for casual play.
People of PlaySimple
Unlock access to complete
Software Development Team
6 people
Data Analysis and Operations Team
3 people
Human Resources and Administration
3 people
Senior Team
2 people
Finance and Accounting
2 people
Leadership Team
2 people
Lead Team
2 people
Creative and Marketing Team
2 people
Unlock access to complete
Funding Insights of PlaySimple
PlaySimple has successfully raised a total of $4.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in November 2016. 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.
Investors in PlaySimple
PlaySimple has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Google, Modern Times Group and Chiratae Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital fund focused on seed-stage startups
|
Locked | Locked | Locked | |
|
Elevation Capital is focused on early-stage tech investments in India.
|
Locked | Locked | Locked | |
|
A technology company offering products and services, including search engine, cloud computing, advertising, email, productivity software, and more
|
Locked | Locked | Locked |
Investor details for PlaySimple
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by PlaySimple
Investment portfolio details for PlaySimple
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - PlaySimple
Detailed financials for PlaySimple
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Playsimple Comparisons
Peer comparison for PlaySimple
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of PlaySimple
PlaySimple operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lumosity, Brainwell, Makkajai, Happy Adda and Peppy Pals, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Brain training games for web and apps are developed.
|
|
| Locked | Locked | Locked |
Personalized brain-training games for cognitive skills are delivered via app.
|
|
| Locked | Locked | Locked |
Math learning resources are provided via an online platform.
|
|
| Locked | Locked | Locked |
Brain-training mobile games are developed and offered on app stores.
|
|
| Locked | Locked | Locked |
Educational games for social-emotional learning are developed by indie studio.
|
Detailed competitors of PlaySimple
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Playsimple
Complete news archive for PlaySimple
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 PlaySimple
PlaySimple was founded in 2014.
PlaySimple is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
PlaySimple is a funded company, having raised a total of $4.5M across 3 funding rounds to date.
As of Apr 05, 2024, the latest employee count at PlaySimple is 318.
Annual revenue of PlaySimple is $194.1M as on Dec 31, 2022.
PlaySimple was founded in 2014 in Bengaluru, India, within the mobile gaming sector. Cognitive learning games, including word-based challenges, puzzles, and relaxing formats, are created for user engagement. Operations center on app development and distribution across platforms such as the App Store, Google Play Store, and Amazon Appstore, targeting global mobile users.
PlaySimple's top competitors include Lumosity, Makkajai and Peppy Pals.
PlaySimple offers Word Trip, Word Jam, Daily Themed Crossword, and Word Search.
PlaySimple has 5 investors. Key investors include Google, Modern Times Group, Chiratae Ventures, Elevation Capital, and Yezdi Lashkari.
The valuation of PlaySimple is $16.13M as of Nov 2016.