India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#285- Valuation
- ₹19,510 Cr
2023 #243 2022 #205 2021 #220
Revenue · FY 2025
₹1,056.82 Cr
▲ 18% YoY
Net profit · FY 2025
₹122.29 Cr
Net margin 11.6%
EBITDA · FY 2025
₹81.72 Cr
EBITDA margin 7.7%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹2.22 Cr
Issued & subscribed
Satisfied charges
₹66 Cr
No open charges
Company age
8 yrs
Est. 2018
Employees · EPFO
212
Provident fund records
About Galactus Funware Technology Private Limited
Data last updated:
Galactus Funware Technology Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of M League Pte. Ltd.. It operates in the online gaming platforms segment of the internet and digital services sector. It was incorporated on 22 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018FTC113333. Its GSTIN is 29AAHCG3297M1ZV (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.22 Cr. It is led by directors including Suresh Vaidyanathan and Mohan Kumar Pramod.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,056.82 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹122.29 Cr (net margin 11.6%) and EBITDA of ₹81.72 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 116% over five years.
The company has about 212 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MPL. As per MCA filings, the company has satisfied charges of ₹66 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it; 3 cases are pending. The company has 17 deals on record (7 rights issues, 5 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹617.9 Cr; the latest was in November 2021. Its 3 peer companies in the Ecommerce and Internet industry (Gaming Portal), with the same principal business activity (sports, amusement and recreation activities) are compared by revenue, 2 larger and 1 smaller; the largest is Pan India Network Limited with revenue of ₹3,983.46 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 101 overdue payments to 37 micro and small suppliers.
For more details, the company can be reached via its website mpl.live.
Company details
CIN U74999KA2018FTC113333
Registration Number 113333
Incorporation Date 22 May 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company M League Pte. Ltd.
Key People
Mohan Kumar Pramod Additional Director Suresh Vaidyanathan Director Kanikanda Ayyappa Deepika Additional Director Recognitions & Rankings of Galactus Funware Technology
Contact details
Galactus Funware Technology Private Limited's registered office is in Bangalore, Karnataka. Its website is mpl.live. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No 201 202 203 205 206 207 208 209 210, 2nd Floor Sy.No. 34 Iblur Begur Hubli, Bangalore, Karnataka, India – 560103
- IndustryInternet, Online Gaming Platforms
To see the full contact details of Galactus Funware Technology Private Limited, buy the company report.
Comprehensive company report
Galactus Funware Technology Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Galactus Funware Technology is arts, entertainment and recreation. In detail, this covers sports, amusement and recreation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R4 | Sports, amusement and recreation activities |
To see the full business activity and turnover split of Galactus Funware Technology Private Limited, buy the company report.
Financials of Galactus Funware Technology Private Limited
FY 2025 filings availableGalactus Funware Technology Private Limited reported revenue of ₹1,056.82 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹1,056.82 Cr ▲ 18%
Net profit · FY 2025
₹122.29 Cr margin 11.6%
EBITDA · FY 2025
₹81.72 Cr margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 20%
5 years · compounded
▲ 116%
EBITDA CAGR growth
1 year
▲ 759%
3 years · compounded
▲ 30%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 116% over five years, including 18% growth in the latest year. EBITDA rose 759% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹81.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹122.29 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 11.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Galactus Funware Technology Private Limited, buy the company report.
Board of directors of Galactus Funware Technology Private Limited
Galactus Funware Technology has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Kumar Pramod | Additional Director | 30 Oct 2025 | 1 Years 0 Months | Current |
| Suresh Vaidyanathan Also directs: Nereus Sport Products Private Limited | Director | 22 Mar 2022 | 4 Years 7 Months | Current |
| Kanikanda Ayyappa Deepika | Additional Director | 14 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Galactus Funware Technology Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Gaming Portal), with the same principal business activity (sports, amusement and recreation activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pan India Network Limited | ₹3,983.46 Cr (FY 2017) | -1.0% | Mumbai, Maharashtra, India | |||
| Play Games24x7 Private Limited | ₹2,273.52 Cr (FY 2024) | 12.0% | Mumbai, Maharashtra, India | |||
| Galactus Funware Technology Private Limitedthis company | ₹1,056.82 Cr (FY 2025) | ₹122.29 Cr | 11.6% | 18.0% | 212 | Bangalore, Karnataka, India |
| Baazi Networks Private Limited | ₹529.86 Cr (FY 2025) | 43.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Galactus Funware Technology Private Limited, buy the company report.
Auditor
Galactus Funware Technology Private Limited is audited by Walker Chandiok& Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok& Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Galactus Funware Technology Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Galactus Funware Technology Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹66 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2021 | 100526801 | Yes Bank Limited | ₹25 Cr | Satisfied | |
| 11 May 2021 | 100466004 | Others | ₹41 Cr | Satisfied |
To see the full charge records of Galactus Funware Technology Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Galactus Funware Technology Private Limited has 17 deals on record (7 rights issues, 5 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹617.9 Cr; the latest was in November 2021.
Total deals
17
Rights issues
7
Convertible or debt financings
5
Secondary share transfers
3
Funding rounds
2
Disclosed funding
₹617.9 Cr
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Funding round | ₹253.36 Cr | Investors: M-League Pte Limited |
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: M-League Pte Limited Seller: Cornerstone Sports Llp |
| Apr 2021 | Funding round | ₹292.86 Cr | Investors: M-League Pte Limited |
| Feb 2021 | Rights issue | ₹29.42 Cr | Investors: M-League Pte Limited |
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: M-League Pte Limited Seller: an individual |
To see the full deal history of Galactus Funware Technology Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Galactus Funware Technology Private Limited has 12 court cases on record: 2 filed by Galactus Funware Technology, 10 filed against it. 3 cases are pending and 9 are disposed.
Total cases
12
Filed by the company
2
Filed against the company
10
Pending
3
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 8 | 2 |
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Shemaroo Entertainment Limited | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Tictok Skill Games Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Court case (PIL) | Filed against the company by an individual | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against M/S MLP & Ors. | Pending |
| High Court of Punjab and Haryana | Court case (CWP-PIL) | Filed against the company | Disposed |
To see the full case history of Galactus Funware Technology Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Galactus Funware Technology Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 101 overdue payments to 37 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 37)
To see the full MSME payment records of Galactus Funware Technology Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Galactus Funware Technology Private Limited has a workforce of 212 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
212
Active EPFO establishments
1
Employee growth
-43.16%
GST
Galactus Funware Technology has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCG3297M1ZV | Karnataka | Active | 13 Jun 2018 |
| 07AAHCG3297M1Z1 | Delhi | Active | 16 Oct 2021 |
To see the full GST registrations and return filing status of Galactus Funware Technology Private Limited, buy the company report.
Recent activity
Galactus Funware Technology Private Limited has 7 board changes on record since 2021: 3 appointments and 4 cessations. The latest: Kanikanda Ayyappa Deepika was appointed as Additional Director on 14 Nov 2025.
Appointed
Kanikanda Ayyappa Deepika was appointed as Additional Director.
Appointed
Mohan Kumar Pramod was appointed as Additional Director.
AGM
Galactus Funware Technology Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Galactus Funware Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 11 May 2021 via Charge ID 100466004 with Others was fully satisfied on 09 Mar 2023.
Charges
A charge registered on 12 Oct 2021 via Charge ID 100526801 with Yes Bank Limited was fully satisfied on 19 Oct 2022.
Ceased
Suresh Vaidyanathan ceased to be Additional Director.
Ceased
Garimella Sai Srinivas Kiran ceased to be Director.
Ceased
Shubham Malhotra ceased to be Director.
Appointed
Suresh Vaidyanathan was appointed as Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100526801 was registered on 12 Oct 2021.
Ceased
Dibyojyoti Mainak ceased to be Additional Director.
3 earlier events are in the company report.
News
Frequently asked questions
Galactus Funware Technology is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in online gaming platforms, within the internet industry. It was incorporated on 22 May 2018 (8+ years old) and is registered under CIN U74999KA2018FTC113333.
Galactus Funware Technology has 3 current directors:
- Mohan Kumar Pramod - Additional Director
- Suresh Vaidyanathan - Director
- Kanikanda Ayyappa Deepika - Additional Director
The latest financial statements of Galactus Funware Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Galactus Funware Technology is 29AAHCG3297M1ZV, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAHCG3297M1Z1 (Delhi).
The CIN (Corporate Identification Number) of Galactus Funware Technology is U74999KA2018FTC113333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galactus Funware Technology has 12 court cases on record: 2 filed by the company and 10 filed against it. 3 are pending. Most are in the high courts.
Galactus Funware Technology was incorporated on 22 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Galactus Funware Technology has 17 deals on record (7 rights issues, 5 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹617.9 Cr; the latest was in November 2021.
The peers of Galactus Funware Technology by revenue are Pan India Network Limited, Play Games24x7 Private Limited, Baazi Networks Private Limited, all in the Ecommerce and Internet industry (Gaming Portal), with the same principal business activity (sports, amusement and recreation activities).
Kanikanda Ayyappa Deepika was appointed as Additional Director on 14 Nov 2025. Mohan Kumar Pramod was appointed as Additional Director on 30 Oct 2025. Suresh Vaidyanathan ceased to be Additional Director on 30 Sep 2022. Galactus Funware Technology has 7 board changes on record in total.
Galactus Funware Technology has 10 MSME Form 1 returns on record between 2019 and 2024, listing 101 overdue payments to 37 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Galactus Funware Technology can be reached through the website mpl.live. Its registered office is in Bangalore, Karnataka, India.
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