Company lists
The Gujarat edition · 2026

Gamingcompanies in Gujarat

Mobile games, casual games, PC & console, esports, gaming tech and more: the companies building gaming in Gujarat, with their founders, funding, team size and business models.

122 company profiles13 with reported revenue2 with recorded fundingOctober 2026 edition

Recent gaming business events in India

Funding, M&A, contract wins and launches involving 2,257 gaming companies in India, last 24 months: 71 M&A deals · 24 funding rounds · 5 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Nazara technologies acquires Rusk media

The acquisition was completed for a subscription amount of ₹14,98,99,176. This development comes after a Share Subscription Agreement was executed on March 30, 2026, between Nazara…

Media and Entertainment
LaunchDreamStreet

Dream sports

Dream Sports, the parent company of Dream11, has officially launched DreamStreet, an AI-powered stock broking platform aimed at transforming how Indians invest in financial markets.

Stock broking platform
FundingUser acquisition (UA) funding

Hitwicket

The Bengaluru-based studio behind cricket game Hitwicket has secured $20 million in user acquisition (UA) funding from Metica, a London-based growth financing firm.

Investors Metica
Gaming
M&AAcquisition · Announced

Rush acquires Cucumber

Auckland-based software development and technology services company RUSH has acquired specialist digital services firm Cucumber to expand its presence in the agriculture and utilities…

Digital Services
FundingPre-Series A

Lightfury games

LightFury Games, a AAA-focused game-tech studio, has raised $11 million (approx. ₹103 crore) in a pre-Series A funding round led by Blume Ventures, V3 Ventures, MIXI, and Times Internet,…

Investors Blume ventures, V3 ventures, Mixi, Times internet
Gaming / Game-Tech
FundingSeed

Spill Games

Mobile gaming startup Spill Games has raised $3.1 Mn (around ₹28 Cr) in its seed funding round co-led by Centre Court Capital and PeerCapital, along with participation from existing…

Casual and puzzle gaming
FundingPreferential issue of warrants

Nazara technologies

Gaming company Nazara Technologies has announced a Rs 500 crore fundraise through a preferential issue of warrants , according to a regulatory filing on Monday.

Investors Riambel Capital, S Gupta Family Investments, Plutus Investment and Holding, Classic enterprises
Gaming
LaunchVisual AI Platform for e-commerce

Youzu

Youzu announced the commercial launch of the world’s first all-in-one Visual AI Platform for e-commerce — enabling online retailers to let shoppers search by image, visualize products in…

Visual Commerce Platform
M&AAcquisition · Announced

Zupee acquires Vertical tv

Delhi NCR-based gaming startup Zupee has acquired Mumbai-based microdrama startup Vertical TV to strengthen its short-video offering, sources told Inc42.

Microdrama startup
LaunchZupee Studio

Zupee

It also launched Zupee Studio, a short-form video platform designed for mobile-first audiences in Tier-2 and Tier-3 cities, featuring 1–3 minute mini-episodes across romance, drama,…

Short-form video platform
M&AAcquisition · Completed

Rush acquires Pixel Fusion

RUSH has acquired digital services firm Pixel Fusion, enhancing its managed services capabilities and extending its reach into new market sectors.

FundingSeries A

Ziffi Chess

Ziffi Chess, a startup that offers a fast-paced two-minute chess format, has raised INR 44.2 crore (about USD 5 million) in its Series A funding round.

Investors Tanglin Venture Partners, India quotient, DeVC, Symphysis LSV LLP
M&AAcquisition · Completed

Nodwin gaming acquires Sony interactive entertainment

Indian gaming and esports giant NODWIN Gaming has acquired Sony Interactive Entertainment’s (SIE) stake in the Evolution Championship Series (EVO), becoming the majority shareholder of…

Gaming
LaunchTechXpedite 3.0

Games24x7

Games24x7, today announced the third edition of its flagship accelerator program, TechXpedite.

Accelerator program
M&AAcquisition · Announced

Axana Estates LLP acquires Nazara technologies

Axana Estates LLP has acquired a 5.4% stake in online gaming company Nazara Technologies through a preferential issue of equity shares, according to a regulatory filing.

M&AMerger · Announced

Sporta acquires Dream sports

The board at Dream11 India, in January, passed a special resolution to approve the merger of Dream Sports Inc. with Sporta Technologies Private Limited under Section 233 of the Companies…

M&AAcquisition · Completed

Krafton acquires Nautilus mobile

KRAFTON Invests Rs 118 Cr To Increase Stake In Nautilus Mobile To 75%

Gaming
M&AAcquisition · Announced

Krafton India acquires Nautilus mobile

South Korean gaming giant KRAFTON’s India has bought a majority stake in Pune-based game studio Nautilus Mobile with an additional investment of INR 118 Cr (around $13.7 million).

Gaming
M&AAcquisition · Pending

Moonshine technologies acquires Nazara technologies

Nazara obtained the board’s nod to sell its 94.85% stake in its subsidiary Open Play to Moonshine Technologies, the parent of online poker platform Pokerbaazi, for INR 104.33 Cr.

M&AAcquisition

Norges bank acquires Nazara technologies

Norges Bank has bought 7.19 Lakh shares of gaming major Nazara Technologies via bulk deals

FundingPre-seed

Qila Games

Hybridcasual gaming startup Qila Games has raised $1 million in its pre‑seed funding round led by Chimera VC.

Investors Chimera VC
Gaming
Funding

Felicity games

mobile game publisher Felicity Games.

Mobile gaming
M&AAcquisition

Head digital works acquires Adda52

Head Digital Works added the online poker platform Adda52 to its portfolio.

M&AAcquisition · Announced

A23 Games (Head Digital Works Private Limited) acquires Adda52

Spice Route Legal is excited to have advised A23 Games (Head Digital Works Private Limited), one of India's oldest and most prominent online skill-gaming companies, on its 100%…

Gaming
M&AAcquisition · Announced

Head digital works acquires Deltatech Gaming

Head Digital set to acquire a controlling 51% stake in Deltatech Gaming by 6 April 2025.

Online gaming
M&AAcquisition · Announced

DeltaCorp Limited acquires Head digital works

After the merger, DeltaCorp Limited will hold a 5.7% stake in Head Digital Works.

Gaming

Gaming companies in Gujarat, by funding and team

Few gaming companies in Gujarat publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 50 companies below lead on recorded funding and team size among 122 active companies.

Showing 25 of 50

Real money based gaming platform

Esports
US$5.75mSeed · Nov 2022
38-23% 12 mo to Sep 2024LinkedIn · Jul 2026
Advertising / Commission on transaction
7 yr2019
0none in 3 months

Developer of mobile games

Mobile gaming
US$1.77mSeed · Aug 2025
80LinkedIn · Jul 2026
Fee-for-service
10 yr2016
0none in 3 months · last posted Dec 2025

The leading mobile apps & games development company.

Mobile game developers
—None recorded
72LinkedIn · Jul 2026
E-commerce - service / Fee-for-service
17 yr2009
0none in 3 months · last posted Jul 2026

Mobile game development studio

Mobile gaming
—None recorded
14+0% vs previous recordLinkedIn · Jul 2026
Fee-for-service
18 yr2008
0none in 3 months · last posted Jul 2026

Developer of educational games for all age groups

Mobile gaming
—None recorded
57-20% 12 mo to Sep 2024LinkedIn · Jul 2026
Advertising / Commission on transaction
10 yr2016
0none in 3 months

Indie game development company

Mobile gaming
—None recorded
51+24% 12 mo to Sep 2024LinkedIn · Jul 2026
Fee-for-service
12 yr2014
0none in 3 months

Developer of mobile-based casual video games

Mobile gaming
—None recorded
5+0% vs previous recordLinkedIn · Jul 2026
E-commerce - service
19 yr2007
—No postings tracked

Blockchain-based fantasy sports platform

Pc & console gaming
—None recorded
6recorded
Subscription
5 yr2021
0none in 3 months

Developer of mobile-based games for kids

Mobile gaming
—None recorded
2-60% 12 mo to Mar 2024recorded Mar 2024
Advertising / Commission on transaction
7 yr2019
0none in 3 months

AI-powered esports coaching and gameplay analysis platform

Esports
—None recorded
—Not available
Subscription
2 yr2024
0none in 3 months

Developer of casual games for mobile devices

Mobile gaming
—None recorded
2LinkedIn · Jul 2026
Advertising / E-commerce - product
4 yr2022
0none in 3 months

Online platform offering rental and selling services for consoles and games

Gaming tech
—None recorded
—Not available
Renting / leasing
7 yr2019
0none in 3 months

Educational games for kids

Mobile gaming
—None recorded
13LinkedIn · Jul 2026
Subscription
10 yr2016
0none in 3 months

Publisher of multi-genre mobile games

Mobile gaming
—None recorded
58LinkedIn · Oct 2026
Advertising / Commission on transaction
14 yr2012
1postings · last posted Sep 2026

Developer of casual games for mobile

Mobile gaming
—None recorded
8LinkedIn · Oct 2026
Advertising / Commission on transaction
9 yr2017
0none in 3 months

Mobile app that reward players for completing tasks and playing games

Loyalty software
—None recorded
5LinkedIn · Oct 2026
Advertising / Commission on transaction
11 yr2015
0none in 3 months

Mobile game and app development studio

Mobile gaming
—None recorded
11LinkedIn · Jul 2026
Advertising / E-commerce - service
10 yr2016
—No postings tracked

Developer of mobile-based casual video games

Mobile gaming
—None recorded
2LinkedIn · Jul 2026
Advertising / Commission on transaction
7 yr2019
—No postings tracked

Developer and publisher of educational games for mobile devices

Mobile gaming
—None recorded
21LinkedIn · Jul 2026
Fee-for-service
10 yr2016
1postings · last posted Aug 2026

Developer of immersive, story-driven games rooted in Indian lore and emotion

Pc & console gaming
—None recorded
7LinkedIn · Jul 2026
Subscription
1 yr2025
0none in 3 months

Game developer for online multiplayer card games

Mobile gaming
—None recorded
—Not available
Advertising / Commission on transaction
13 yr2013
—No postings tracked

Operator of a platform providing a variety of free online games

Pc & console gaming
—None recorded
1LinkedIn · Jul 2026
Advertising / Commission on transaction
1 yr2025
0none in 3 months

Gaming app offering competitive tournaments and gaming content

Esports
—None recorded
20LinkedIn · Jul 2026
Advertising / E-commerce - product
3 yr2023
0none in 3 months

Developer of casual games

Mobile gaming
—None recorded
10LinkedIn · Oct 2026
Advertising / Commission on transaction
4 yr2022
0none in 3 months

Provider of play-to-earn metaverse gaming platform

Pc & console gaming
—None recorded
—Not available
Advertising / Commission on transaction
4 yr2022
—No postings tracked
50 of 122 companies shown here · the full list is on Radar
Fliar Radar

Explore all 122 gaming companies in Gujarat on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open gaming in Gujarat on Radar
  • Every company, not just 50All 122 gaming companies in Gujarat, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore gaming companies in Gujarat by what you are looking for

Discover top gaming companies in Gujarat, including mobile game studios, PC and console game developers and esports platforms. Browse online gaming companies in Gujarat and gaming startups in Gujarat in one place.

7 ways to explore gaming in Gujarat

Mobile game developers & publishersCasual & hyper-casual game studiosPC & console game developersEsports & real money gaming platformsGaming technology, tools & blockchain gamesGaming startups in Gujarat

Mobile game developers & publishers

Studios and publishers that make and release games for phones and tablets.

  1. Funcell Games

    Developer of educational games for all age groups

    Mobile gaming
    See in list
  2. Gohil Software

    Mobile app that reward players for completing tasks and playing games

    Loyalty software
    See in list
  3. GameAnax

    Mobile game development studio

    Mobile gaming
    See in list
  4. Pardy Panda

    Indie game development company

    Mobile gaming
    See in list
  5. Mobilix solutions

    Developer of casual games for mobile

    Mobile gaming
    See in list

Casual & hyper-casual game studios

Developers of simple, easy-to-play games for a wide audience.

  1. Mobilix solutions

    Developer of casual games for mobile

    Mobile gaming
    See in list
  2. Ultra Games

    Developer of casual games

    Mobile gaming
    Website
  3. Arth I-Soft

    The leading mobile apps & games development company.

    Mobile game developers
    See in list
  4. Game With Pals

    Game developer for online multiplayer card games

    Mobile gaming
    See in list
  5. Hexar Games

    Developer of casual games

    Mobile gaming
    See in list
35 companies in Gujarat

PC & console game developers

Companies building games for PC and gaming consoles.

  1. Magadha Studios

    Developer of immersive, story-driven games rooted in Indian lore and emotion

    Pc & console gaming
    See in list
  2. Gladiolus Language Nectar

    Provider of android and PC-based games for the grammar learning of Indian languages

    Mobile gaming
    See in list
  3. Omnaya Studios

    Video game developer and publisher

    Pc & console gaming
    See in list
  4. Zatun

    Video game development studio

    Mobile gaming
    See in list
  5. 300Mind

    Developer of casual games for console, pc, and mobile

    Pc & console gaming
    See in list
15 companies in Gujarat

Esports & real money gaming platforms

Platforms for competitive gaming, online tournaments and real money games.

  1. Gamerji

    Real money based gaming platform

    Esports
    See in list
  2. PIVAGA

    AI-powered esports coaching and gameplay analysis platform

    Esports
    See in list
  3. mGamer

    Online gaming platform

    Mobile gaming
    Website
  4. Glazer Games

    Gaming app offering competitive tournaments and gaming content

    Esports
    See in list
  5. Paradox Gamers

    Esports gaming tournament organizer

    Esports
    See in list

Gaming technology, tools & blockchain games

Gaming platforms, tools, in-game assets and blockchain gaming technology.

  1. Gameoly

    Online platform offering rental and selling services for consoles and games

    Gaming tech
    See in list
  2. PIVAGA

    AI-powered esports coaching and gameplay analysis platform

    Esports
    See in list
  3. Krida

    Blockchain-based fantasy sports platform

    Pc & console gaming
    See in list
  4. Captain Glory

    Provider of play-to-earn metaverse gaming platform

    Pc & console gaming
    See in list
  5. Metaverse

    Developer of an advertising platform for the metaverse

    Gaming tech
    See in list

Gaming startups in Gujarat

Newer gaming companies in Gujarat building games and gaming platforms.

  1. GameYogi

    Publisher of mobile games

    Mobile gaming
    Website
  2. PIVAGA

    AI-powered esports coaching and gameplay analysis platform

    Esports
    See in list
  3. EFFE Studios

    Developer of casual games for mobile devices

    Mobile gaming
    See in list
  4. Krida

    Blockchain-based fantasy sports platform

    Pc & console gaming
    See in list
  5. Magadha Studios

    Developer of immersive, story-driven games rooted in Indian lore and emotion

    Pc & console gaming
    See in list
31 companies in Gujarat

Gaming companies hiring in Gujarat

Gaming companies in Gujarat with open roles right now.

  1. GameAnax

    Mobile game development studio

    Mobile gaming
    See in list
  2. GameYogi

    Publisher of mobile games

    Mobile gaming
    Website
  3. Xsquads

    Developer of mobile games

    Mobile gaming
    See in list
  4. Arth I-Soft

    The leading mobile apps & games development company.

    Mobile game developers
    See in list
4 companies in Gujarat
Mobile reach

Top 10 gaming apps from Gujarat

The most-installed Android apps published by gaming companies headquartered in Gujarat — 173.8M installs between them. 48 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Indian Fashion: Cook & Style

by MagicTrunk

Installs36.8M
Rating4.1928K ratings
Installs, year on year+26%
Last updatedMar 2026
View on Google Play ↗
Indian Fashion: Cook & Style screenshot 1Indian Fashion: Cook & Style screenshot 2Indian Fashion: Cook & Style screenshot 3
2

Dog Life Simulator

by Funcell Games

Installs28.6M
Rating4.4569K ratings
Installs, year on year+16%
Last updatedMay 2026
View on Google Play ↗
Dog Life Simulator screenshot 1Dog Life Simulator screenshot 2Dog Life Simulator screenshot 3Dog Life Simulator screenshot 4Dog Life Simulator screenshot 5Dog Life Simulator screenshot 6
3

mGamer – Earn Money, Gift Card

by mGamer

Installs21.7M
Rating3.7508K ratings
Last updatedOct 2025
View on Google Play ↗
mGamer – Earn Money, Gift Card screenshot 1mGamer – Earn Money, Gift Card screenshot 2mGamer – Earn Money, Gift Card screenshot 3mGamer – Earn Money, Gift Card screenshot 4mGamer – Earn Money, Gift Card screenshot 5
4

Nail Doctor Games

by Game IMax

Installs18.6M
Rating3.48111K ratings
Installs, year on year+1%
Last updatedOct 2024
View on Google Play ↗
Nail Doctor Games screenshot 1Nail Doctor Games screenshot 2Nail Doctor Games screenshot 3Nail Doctor Games screenshot 4Nail Doctor Games screenshot 5Nail Doctor Games screenshot 6
5

Wedding Fashion Cooking Party

by GameiCreate

Installs14.3M
Rating4.6135K ratings
Installs, year on year+25%
Last updatedMar 2026
View on Google Play ↗
Wedding Fashion Cooking Party screenshot 1Wedding Fashion Cooking Party screenshot 2Wedding Fashion Cooking Party screenshot 3Wedding Fashion Cooking Party screenshot 4Wedding Fashion Cooking Party screenshot 5Wedding Fashion Cooking Party screenshot 6
6

Princess House Cleanup Girls

by Magic Toons

Installs12.2M
Rating4.3417K ratings
Installs, year on year+7%
Last updatedSep 2025
View on Google Play ↗
Princess House Cleanup Girls screenshot 1Princess House Cleanup Girls screenshot 2Princess House Cleanup Girls screenshot 3Princess House Cleanup Girls screenshot 4Princess House Cleanup Girls screenshot 5Princess House Cleanup Girls screenshot 6
7

Grocery Market Cashier Store

by Nutbolt Games

Installs12.2M
Rating3.419K ratings
Installs, year on year+32%
Last updatedNov 2025
View on Google Play ↗
Grocery Market Cashier Store screenshot 1Grocery Market Cashier Store screenshot 2Grocery Market Cashier Store screenshot 3Grocery Market Cashier Store screenshot 4Grocery Market Cashier Store screenshot 5Grocery Market Cashier Store screenshot 6
8

Teen Patti : Live Voice Chat

by Artoon Games

Installs9.9M
Rating4.1870K ratings
Last updatedFeb 2026
View on Google Play ↗
Teen Patti : Live Voice Chat screenshot 1Teen Patti : Live Voice Chat screenshot 2Teen Patti : Live Voice Chat screenshot 3Teen Patti : Live Voice Chat screenshot 4Teen Patti : Live Voice Chat screenshot 5Teen Patti : Live Voice Chat screenshot 6
10

BabySitter DayCare Games

by Faboulous Fun

Installs9.5M
Rating3.753K ratings
Installs, year on year+71%
Last updatedMay 2026
View on Google Play ↗
BabySitter DayCare Games screenshot 1BabySitter DayCare Games screenshot 2BabySitter DayCare Games screenshot 3BabySitter DayCare Games screenshot 4BabySitter DayCare Games screenshot 5BabySitter DayCare Games screenshot 6
The business behind the activity

Gaming financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 11 gaming companies in Gujarat for FY24-25 — 12 of the 122 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 94% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹19.94 cr

11 companies filing accounts

combined net profit−₹7.61 cr

-38.2% aggregate margin

are profitable36%

4 of 11 companies

median revenue~₹75 lakh

the typical company

median revenue growth+23%

into FY24-25

earned by the top five94%

revenue concentration

Six-year view

Combined revenue of filing companies

₹3.58 crFY19-205 filers
₹8.30 crFY20-217 filers
₹11.07 crFY21-227 filers
₹24.01 crFY22-238 filers
₹24.70 crFY23-249 filers
₹19.94 crFY24-2511 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 8 companies over three years

-18%
FY22-23₹24.01 cr−₹5.60 cr net
FY23-24₹24.69 cr−₹6.18 cr net
FY24-25₹19.70 cr−₹7.14 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr617% profitable
₹1–10 cr560% profitable
₹10–100 cr0—
₹100–1,000 cr0—
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking2
0–20%1
20–50%3
50–100%2
Doubled+1

9 companies with accounts for both years; median growth +23%.

Profitability

Profit is concentrated at the top

4profitable
7loss-making
-38.2%aggregate margin
-184.5%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Mobile gaming7₹8.21 cr~₹20 lakh43%-44.1%
Leaders

Largest gaming companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Gohil SoftwareGOHIL SOFTWARE PRIVATE LIMITED (OPC)₹9.27 cr₹1.24 cr13.3%-45%
Pardy PandaPARDY PANDA STUDIOS PRIVATE LIMITED₹5.14 cr₹1.00 cr19.5%+22%
Mobilix solutionsMOBILIX SOLUTIONS PRIVATE LIMITED₹1.95 cr₹5.25 lakh2.7%+8%
GamerjiGAMERJI E-SPORTS PRIVATE LIMITED₹1.26 cr−₹4.99 cr-396.5%+99%
GameolySKYLEASE TECHNOLOGIES PRIVATE LIMITED₹1.16 cr−₹15.19 lakh-13.1%+125%
Dweek StudiosDWEEK STUDIOS PRIVATE LIMITED₹74.92 lakh₹0.49 lakh0.7%+23%
GameYogiGAMEYOGI PRIVATE LIMITED₹19.89 lakh−₹36.70 lakh-184.5%
Ultra GamesULTRAGAMES ENTERTAINMENT PRIVATE LIMITED−₹1.29 cr-994.5%
PIVAGAPIVAGA TECHNOLOGIES PRIVATE LIMITED₹3.50 lakh−₹9.15 lakh-261.4%—
XsquadsXSQUADS TECH PRIVATE LIMITED₹3.42 lakh−₹3.01 cr-8790.5%+43%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Gaming Industry Landscape of India

The financials above are one chapter. The full gaming landscape of Gujarat maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the gaming landscape of Gujarat
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Gaming funding and M&A across India

405 recorded equity rounds have gone to 2,257 gaming companies in India — how much, at which stage, into which sub-sectors, from whom, and how Gujarat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months3

US$22.23m

equity rounds, last 24 months34

US$73.22m

raised over five yearsUS$1.79bn

201 rounds in India

M&A deals, India71

last 24 months

Capital by year

Equity funding into gaming in India

amount rounds
$157m201828
$66m201935
$192m202037
$1.3bn202158
$272m202253
$96m202334
$41m202431
$40m202522
$22m20263

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$1.32bn across 58 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$3.93m19 rounds · median US$46k
SeedUS$142.48m133 rounds · median US$790k
Series AUS$170.55m22 rounds · median US$7.00m
Series BUS$178.09m11 rounds · median US$11.33m
Series CUS$189.35m6 rounds · median US$22.76m
Series D+US$1.11bn10 rounds · median US$5.93m
Where the money went · five years

Most-funded sub-sectors

Sports techUS$936.54m5 rounds · 3 companies
EsportsUS$409.85m32 rounds · 17 companies
Mobile gamingUS$285.39m79 rounds · 47 companies
Gaming techUS$67.37m33 rounds · 12 companies
Pc & console gamingUS$60.87m30 rounds · 22 companies
Communication appsUS$13.40m3 rounds · 2 companies
Gambling techUS$8.89m6 rounds · 2 companies
Corporate activity · last 24 months

M&A in India

69Acquisition
2Merger

Most active acquirers

  1. Nazara technologies38
  2. Nodwin gaming7
  3. Axana Estates LLP7
  4. Head digital works3
  5. Rush2

Most acquired or merged

  1. Nazara technologies10
  2. Nautilus mobile3
  3. Curve digital2
  4. Absolute sports2
  5. Head digital works2

Each deal appears in the events strip at the top of the page.

Go deeper in the gaming landscape reports:

Gaming Industry Landscape of India

Founders and momentum in Gujarat

Meet the people behind gaming companies in Gujarat. 51 of 122 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat gaming companies by sub-sector

The most common specialisations among gaming companies in Gujarat. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring gaming in India and nearby markets.

Coming soon