Twist Mobile

Indore, India Founded: 2009 • Age: 17 yrs
Develops and provides mobile games and applications for consumers.

About Twist Mobile

Twist Mobile was a Technology company based in Indore (India) founded in 2009 by Virat Singh Khutal. It develops and provides mobile games and applications for consumers. It operates on a B2C model. Twist Mobile has raised $398.5 thousand across 1 funding round from investors including Z47. The company has 3 employees. Twist Mobile was last valued at $407.59 thousand in July 2012. Its chief executive is Virat Singh Khutal. The company is recorded as dissolved. Its focus areas include Software, Mobile Applications and Gaming. Its legal entity in India is Twist Mobile India Private Limited (U72200MP2012PTC028408). Its competitors include Zynga, Scopely, Tripledot, Jam City and Rovio and 4 more; 8 of its 9 listed competitors have raised funding.

Company details

Twist Mobile, established in 2009 and currently in Dissolved stage, focuses on leveraging cutting-edge technology, software, developing user-friendly mobile apps, and producing gaming content. Develops and provides mobile games and applications for consumers. Adapting to market demands with innovation and client-focused strategies.

Key Metrics
  • Annual Revenue
    ₹1,011

    FY 2021 · -100% YoY

  • Net Loss
    -₹3.1 Lakh

    FY 2021 · -30904% margin

  • EBITDA
    -₹30,503

    FY 2021 · -3015% margin

  • Total Equity Funding
    $398.5K (USD)

    in 1 rounds

  • Latest Funding Round
    $398.5K (USD), Series A

    Jul 2012

  • Investors
  • Employee Count
    3

Funding Insights of Twist Mobile

Twist Mobile has successfully raised a total of $398.5K through 1 strategic funding round. The most recent funding activity was a Series A round of $398.5 thousand completed in July 2012. 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 $398,500
  • Total Rounds 1
  • Last Round Series A β€” $398,500
  • First Round $398,500

    (Jul 2012)

  • Investors Count 1

All 1 funding rounds of Twist Mobile with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2012$398,500Series A$407,591–
Valuation history

Last known valuation $407,591 (Jul 2012). 1 investors in total: 1 institutional.

Investors in Twist Mobile

Twist Mobile has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Z47.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital investment firm
–z47.comBengaluru, India
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Investor details for Twist Mobile

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Board of directors of Twist Mobile India Private Limited (Twist Mobile)

Twist Mobile India Private Limited is the primary company behind Twist Mobile. The board of Twist Mobile India Private Limited currently have 2 directors; the longest-serving is Virat Singh Khutal, appointed in 2012. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Virat Singh Khutal
DIN 02650344
Director01 Jun 201214 yrs 4 moTwist Mobile India Private Limited
Pallavi Khutal
DIN 06616049
Director13 Jun 201313 yrs 4 moTwist Mobile India Private Limited

People of Twist Mobile

1 people are tracked at Twist Mobile (1 in leadership); the tracked headcount is 3.

NameRoleGroup
Founder, CEOLeadership
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Financials of Twist Mobile

Figures of Twist Mobile India Private Limited, the primary company behind Twist Mobile, for FY 2021. Revenue was ₹1,011 (-100% year on year). Net loss was -₹3.1 Lakh (-30904% margin). EBITDA was -₹30,503 (-3015% margin). Revenue has grown at a compounded annual rate of -95% over three years and -80% over five years.

  • ₹1,011Revenue · FY 2021 · -100% YoY
  • -₹3.1 LakhNet loss · -30904% margin
  • -₹30,503EBITDA · -3015% margin
  • ₹1.66 CrPaid-up capital
  • 3Employees (provident fund records)
  • -95%Revenue CAGR, 3 years
  • -80%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Twist Mobile India Private Limited are on its company page.

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Detailed financial statements for Twist Mobile

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Timeline of Twist Mobile

2 dated milestones of Twist Mobile across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Twist Mobile is founded.
  2. Funding First funding round of $398K.

Competitors of Twist Mobile

Twist Mobile has 9 listed competitors in our database, 8 of them funded. They include Zynga, Scopely, Tripledot, Jam City and Rovio, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
zynga.com2007San Francisco, United States$525.6M1,084
Casual games developer and publisher for mobile and web platforms
scopely.com2011Culver, United States$1.02B746
Casual mobile games are developed, published, and operated across platforms.
tripledotstudios.com2017London, United Kingdom$202M135
Developer of mobile-based casual video games
jamcity.com2007Culver, United States$499.49M551
Mobile games are developed and published by Jam City.
rovio.com2003Espoo, Finland$42M–
Mobile game developer specializing in casual games
king.com2003London, United Kingdom–130
King is recognized as a leading interactive entertainment company focused on mobile gaming.
voodoo.io2013Paris, France$200M–
Arcade and simulation mobile games are developed by Voodoo.
playtika.com2010Tel Aviv, Israel$1.5M–
Casual games are developed for mobile and web platforms.
homagames.com2018Paris, France$165M–
Mobile-based casual games are developed and published.
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Detailed competitors of Twist Mobile

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Top companies in Gaming Hardware & Devices

10 companies that operate in the same segment as Twist Mobile (Gaming Hardware & Devices), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Valve Corporation is engaged in gaming, digital distribution, and hardware development.
1996Bellevue, Washington, United States––1,855
Developer and publisher of casual casino PC games
1972New York, New York, United States–USD 64.39 M21
Nintendo is recognized for developing gaming consoles and software.
1980Redmond, Washington, United States–USD 14.48 B8,210
Minecraft is developed as a sandbox video game since 2009.
2009Stockholm, Sweden–––
Gaming peripherals and software are designed and manufactured for gamers.
2001Copenhagen, DenmarkUSD 37.23 M––
Enterprise SSD storage devices are supplied to business clients.
1994Fremont, California, United States–USD 1.47 B2,570
Gaming consoles and devices are designed for interactive entertainment.
1996New York, New York, United States–––
Online platform offering slot games and fishing arcade with easy registration.
2017Gurugram, Haryana, IndiaUSD 13.15 MUSD 3.63 M132
Fashion looks are shared via an online community platform.
2019London, England, United KingdomUSD 19.15 M––
Developer of gears for gamers
2011Suwanee, Georgia, United States––232
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Related news about Twist Mobile

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Frequently Asked Questions about Twist Mobile

Twist Mobile was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Twist Mobile is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.

Virat Singh Khutal is the current CEO of Twist Mobile. They have also founded this company.

Twist Mobile is a funded company, having raised a total of $398.5K across 1 funding round to date. The company's 1st funding round was a Series A of $398.5K, raised on Jul 2012.

Twist Mobile has 3 employees.

The primary company behind Twist Mobile, Twist Mobile India Private Limited, reported revenue of β‚Ή1,011 for FY 2021, down 100% year on year.

Twist Mobile, established in 2009 and currently in Dissolved stage, focuses on leveraging cutting-edge technology, software, developing user-friendly mobile apps, and producing gaming content. Develops and provides mobile games and applications for consumers. Adapting to market demands with innovation and client-focused strategies.

Twist Mobile's top competitors include Zynga, Tripledot and Jam City.

Twist Mobile has 1 investor. Key investors include Z47.

The valuation of Twist Mobile is $407.59K as of Jul 2012.

Twist Mobile operates through Twist Mobile India Private Limited.

The legal entities of Twist Mobile currently have 2 directors, including Virat Singh Khutal, Pallavi Khutal.

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