About Pragmatic Play
Pragmatic Play is a company based in Gibraltar (Gibraltar) founded in 2015 by Julian Jarvis was acquired by IBID Group in July 2016.. The company has 634 employees as of April 06, 2024. Pragmatic Play has completed 2 acquisitions, including Extreme Live Gaming and VSoftCo. Pragmatic Play operates in a competitive market with competitors including PlayStudios, Huuuge Games, Product Madness, Pokerface and SciPlay, among others.
- Headquarter Gibraltar, Gibraltar
- Employees 634 as on 06 Apr, 2024
- Founders Julian Jarvis
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Sectors
Media & EntertainmentConsumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Arrise Solutions (India) Private Limited
- Date of Incorporation 09 Oct, 2017
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$21.36 M (USD)94.45as on Dec 31, 2023
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Net Profit
$2.74 M (USD)131.44as on Dec 31, 2023
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EBITDA
$4.01 M (USD)99.9as on Dec 31, 2023
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Latest Funding Round
- Investors
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Employee Count
634
as on Apr 06, 2024
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Investments & Acquisitions
Extreme Live Gaming
& 1 more
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Acquired by
IBID Group
(Jul 22, 2016)
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Funding Insights of Pragmatic Play
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pragmatic Play
Pragmatic Play has secured backing from 1 investor. Prominent investors backing the company include IBID Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment holding group focused on technology and iGaming sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pragmatic Play
Pragmatic Play has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Extreme Live Gaming and VSoftCo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online gaming playing for playing multiple games
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2013 | ||||
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Provider of virtual betting tools for operators
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Pragmatic Play
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pragmatic Play Comparisons
Competitors of Pragmatic Play
Pragmatic Play 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 PlayStudios, Huuuge Games, Product Madness, Pokerface and SciPlay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Casino games are developed for mobile and web platforms.
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| domain | founded_year | HQ Location |
Mobile casino games with social features are developed for platforms.
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| domain | founded_year | HQ Location |
Casino games are developed for mobile and social platforms.
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| domain | founded_year | HQ Location |
Mobile casino games are developed and distributed on app stores.
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| domain | founded_year | HQ Location |
Casual mobile games are developed and published by SciPlay.
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| domain | founded_year | HQ Location |
Developer of metaverse PC based games
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pragmatic Play
Frequently Asked Questions about Pragmatic Play
When was Pragmatic Play founded?
Pragmatic Play was founded in 2015.
Where is Pragmatic Play located?
Pragmatic Play is headquartered in Gibraltar, Gibraltar.
Who is the current CEO of Pragmatic Play?
Julian Jarvis is the current CEO of Pragmatic Play. They have also founded this company.
How many employees does Pragmatic Play have?
As of Apr 06, 2024, the latest employee count at Pragmatic Play is 634.
What is the annual revenue of Pragmatic Play?
Annual revenue of Pragmatic Play is $21.36M as on Dec 31, 2023.
What does Pragmatic Play do?
Pragmatic Play was founded in 2015 and is headquartered in Gibraltar. Video games centered on casino themes are created, including titles such as Pixie Wings and Hot Safari. In-game monetization tools are provided, along with virtual sports betting options. Games support multiple languages and currencies, and are distributed for both mobile and PC use. Operations focus on the online gaming sector.
Who are the top competitors of Pragmatic Play?
Pragmatic Play's top competitors include PlayStudios, Huuuge Games and SciPlay.
How many acquisitions has Pragmatic Play made?
Pragmatic Play has made 2 acquisitions, including Extreme Live Gaming, and VSoftCo.
Who are Pragmatic Play's investors?
Pragmatic Play has 1 investor. Key investors include IBID Group.