Games 24X 7’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Play Games24x7 Private Limited | CIN: U92490MH2006PTC162586
Games24x7, founded in 2006 by Bhavin Pandya and Trivikraman Thampy, is a leading online gaming and entertainment company in India. With headquarters in Mumbai, Games24x7 operates popular platforms such as RummyCircle and My11Circle, focusing on skill-based gaming and real-money gaming markets. The company leverages advanced data science, behavioral psychology, and technology innovations to deliver immersive and responsible gaming experiences. Backed by strong investor support, Games24x7 continues to expand its portfolio and strengthen its market leadership in the Indian gaming sector.
| Founding year | 2006 |
|---|---|
| Headquarters | Mumbai, India |
| Valuation | ~$2.5B (2023) |
| Total Funding | $110M |
| Annual Revenue | ₹2,200 Cr (FY24) |
| Annual Net Profit | ₹700 Cr (FY24) |
| EBITDA Margin | 32% |
| Employees | ~850 |
| Round | Date | Amount | Investors |
|---|---|---|---|
| Seed | 2011 | $2M | Tiger Global |
| Series A | 2015 | $20M | Tiger Global |
| Series B | 2019 | $50M | Raine Group, Tiger Global |
| Series C | 2022 | $38M | Malabar Investments, existing investors |
- Expanding offerings in real-money and casual gaming segments.
- Investing in AI and analytics to enhance player experience and retention.
- Strengthening marketing efforts and brand partnerships.
- Exploring global expansion opportunities in select markets.
- Considering IPO after consolidating leadership position and achieving further growth post FY25.
Games24x7 recently launched new gaming formats on My11Circle and RummyCircle, focusing on user engagement and product innovation. The company is also strengthening its responsible gaming initiatives while expanding its footprint across India and potentially international markets.
| Metric | Detail |
|---|---|
| Revenue Growth | ▲ Growth to ₹2,200 Cr in FY24 |
| Profitability | ▲ Net profit of ₹700 Cr |
| Funding | ▲ $110M raised over 4 rounds |
| Efficiency | ▲ EBITDA margin improved to 32% |
| Valuation | ▲ $2.5B as of 2023 |
Games24x7 has emerged as a key player in India’s gaming industry, combining strong profitability with strategic growth initiatives. Its focus on innovation, data-driven personalization, and responsible gaming strengthens its position for sustained success and potential IPO plans in the future.
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- Company filings
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This report is generated for informational purposes only and does not constitute investment advice.