Company lists
The India edition · 2026

Gamingcompanies in India

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

1,481 company profiles267 with reported revenue133 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

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 · 1 Contract. 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&A

Krafton acquires Nautilus mobile

In February 2022, Krafton made a strategic investment of Rs 40.5 crore in Nautilus.

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 India, by revenue

Browse gaming companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 267 gaming companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of sports-related digital content, fantasy sports, and sports travel experiences

Sports tech
₹7,374.35 crFY 2024-25
-12%2024–2025
115+7% 12 mo to Aug 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Operator of a platform providing Rummy, Fantasy Sports, and Ludo

Sports tech
₹2,273.52 crFY 2023-24
Not reported
662-1% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
1postings · last posted Jul 2026

Provider of diversified gaming and sports media platform

Mobile gaming
₹1,715.44 crFY 2024-25
+41%2024–2025
184+1% 12 mo to Mar 2023LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Operator of an online platform providing real money skill-based gaming

Esports
US$166.72mFY 2024-25
Not reported
618-26% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Apr 2026

Operator of digital platforms providing skill based board game applications

Mobile gaming
₹1,174.77 crFY 2023-24
+36%2023–2024
514+33% 12 mo to Jul 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of online skill-based gaming platforms

Gambling tech
₹804.17 crFY 2024-25
Not reported
351+23% 12 mo to Aug 2023LinkedIn · Jul 2026
21 yr2005
0none in 3 months · last posted May 2026

Digital platform offering a wide range of online games with monetization options and social features

Esports
₹690.71 crFY 2022-23
+182%2022–2023
459-83% vs previous recordLinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Nov 2025

Developer of online games for mobile devices and social platforms

Mobile gaming
₹622.37 crFY 2024-25
+28%2024–2025
359+45% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
6postings · last posted Aug 2026

Developer of a mobile gaming platform integrating streaming, social, and esports

Social platforms
₹578.29 crFY 2024-25
+8%2024–2025
14-11% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
1postings · last posted Jul 2026

Reward-based online gaming platform for various games

Mobile gaming
₹566.56 crFY 2024-25
+46%2024–2025
159-13% 12 mo to Sep 2024recorded Sep 2024
10 yr2016
0none in 3 months

Provider of blockchain based mobile gaming platform

Mobile gaming
US$46.84mFY 2023-24
+150%2023–2024
387LinkedIn · Jul 2026
14 yr2012
1postings · last posted Jul 2026

Provider of digital entertainment experiences across gaming, esports, music, and sports

Mobile gaming
₹382.82 crFY 2024-25
+51%2024–2025
262-20% 12 mo to Aug 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Aug 2022

Developer of mobile-based casual games

Mobile gaming
₹87.20 crFY 2022-23
-8%2022–2023
—Not available
8 yr2018
0none in 3 months

Manufacturer of gaming accessories

Internet first media
₹83.97 crFY 2022-23
+2647%2022–2023
87-92% vs previous recordrecorded
5 yr2021
—No postings tracked

Provider of all in one solutions for all app growth and app monetization requirement

Gaming tech
₹80.14 crFY 2024-25
-15%2024–2025
91-44% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
2postings · last posted Jul 2026

Operator of a platform for live gaming, streams, and video content

Gaming tech
₹79.83 crFY 2024-25
+107%2024–2025
669-25% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of real money gaming application

Sports tech
₹67.83 crFY 2024-25
+47%2024–2025
55+14% 12 mo to Aug 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Casino-based gaming platform for browser devices

Mobile gaming
₹66.54 crFY 2024-25
-15%2024–2025
26-46% 12 mo to Sep 2024recorded Sep 2024
15 yr2011
0none in 3 months

Provider of an e-sports tournament and gaming platform

Sports tech
₹66.02 crFY 2024-25
+31%2024–2025
123+11% 12 mo to Oct 2023LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Online gaming platform for playing free-to-play games

Pc & console gaming
₹56.94 crFY 2022-23
Not reported
17LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Operator of a platform providing instant-play games across multiple categories

Pc & console gaming
₹44.24 crFY 2024-25
+5%2024–2025
79+12% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Mobile game development company

Mobile gaming
₹42.78 crFY 2024-25
-1%2024–2025
10+12% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Mobile game development studio specializing in adventure and action games

Mobile gaming
₹36.24 crFY 2024-25
+6%2024–2025
79-14% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
6postings · last posted Sep 2026

Developer of social applications facilitating interactive contests, audio experiences, and connections

Mobile gaming
₹33.71 crFY 2024-25
+834%2024–2025
55+0% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Mar 2026

App based pocket billiards game

Mobile gaming
₹30.51 crFY 2024-25
+37%2024–2025
45LinkedIn · Jul 2026
8 yr2018
0none in 3 months
50 of 1,481 companies shown here · the full list is on Radar
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Explore all 1,481 gaming companies in India on Radar

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

Open gaming in India on Radar
  • Every company, not just 50All 1,481 gaming companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore gaming companies in India by what you are looking for

Browse top gaming companies in India, from mobile game developers and real money gaming platforms to esports, cloud gaming and PC and console studios. Find online gaming companies, gaming startups and gaming tech firms, plus listed companies.

9 ways to explore gaming in India

Mobile gaming companies & game developersPC, console & cloud gaming companiesEsports & competitive gaming companiesReal money gaming, fantasy sports & card game companiesGaming technology, tools & marketplacesBlockchain gaming, NFT, metaverse & VR companies

Mobile gaming companies & game developers

Studios and platforms building casual and multi-genre mobile games.

  1. Dream Sports

    Provider of sports-related digital content, fantasy sports, and sports travel experiences

    Sports tech
    See in list
  2. Games24x7

    Operator of a platform providing Rummy, Fantasy Sports, and Ludo

    Sports tech
    See in list
  3. Zupee

    Operator of digital platforms providing skill based board game applications

    Mobile gaming
    See in list
  4. Head Digital Works

    Provider of online skill-based gaming platforms

    Gambling tech
    See in list
  5. WinZO

    Digital platform offering a wide range of online games with monetization options and social features

    Esports
    See in list

PC, console & cloud gaming companies

Developers, publishers and platforms for PC, console and cloud gaming.

  1. 7Seas Entertainment

    Developer of online and mobile games across multiple genres

    Pc & console gaming
    See in list
  2. ProYuga

    Provider of virtual reality solutions

    Virtual reality
    See in list
  3. Nodding Heads Games

    PC games developer

    Pc & console gaming
    See in list
  4. Gamebee Studio

    Developer of mobile games

    Mobile gaming
    Website
  5. Holy Cow Productions

    Game development studio for PC & mobile platform

    Pc & console gaming
    Website
238 companies in India

Esports & competitive gaming companies

Esports platforms, tournament organisers and competitive gaming communities.

  1. MPL

    Operator of an online platform providing real money skill-based gaming

    Esports
    See in list
  2. WinZO

    Digital platform offering a wide range of online games with monetization options and social features

    Esports
    See in list
  3. Onmo

    Developer of a mobile gaming platform integrating streaming, social, and esports

    Social platforms
    See in list
  4. JetSynthesys

    Provider of digital entertainment experiences across gaming, esports, music, and sports

    Mobile gaming
    See in list
  5. Khiladi Adda

    Provider of an e-sports tournament and gaming platform

    Sports tech
    See in list

Real money gaming, fantasy sports & card game companies

Skill-based real money games, fantasy sports, rummy and poker platforms.

  1. Dream Sports

    Provider of sports-related digital content, fantasy sports, and sports travel experiences

    Sports tech
    See in list
  2. Games24x7

    Operator of a platform providing Rummy, Fantasy Sports, and Ludo

    Sports tech
    See in list
  3. MPL

    Operator of an online platform providing real money skill-based gaming

    Esports
    See in list
  4. Khiladi Adda

    Provider of an e-sports tournament and gaming platform

    Sports tech
    See in list
  5. Deccan Rummy

    Online platform to play rummy

    Gambling tech
    See in list

Gaming technology, tools & marketplaces

Gaming platforms, gamer tools, monetization and gaming commerce.

  1. Onmo

    Developer of a mobile gaming platform integrating streaming, social, and esports

    Social platforms
    See in list
  2. GreedyGame Media

    Provider of all in one solutions for all app growth and app monetization requirement

    Gaming tech
    See in list
  3. Rooter

    Operator of a platform for live gaming, streams, and video content

    Gaming tech
    See in list
  4. Gamezop

    Operator of a platform providing instant-play games across multiple categories

    Pc & console gaming
    See in list
  5. Zupitex

    Ecommerce platform for gamers

    Gaming tech
    See in list

Blockchain gaming, NFT, metaverse & VR companies

NFT games, metaverse worlds and virtual reality gaming experiences.

  1. Hike

    Provider of blockchain based mobile gaming platform

    Mobile gaming
    See in list
  2. Guardian Link

    Decentralized protocol for NFT Commerce

    Pc & console gaming
    See in list
  3. iB Cricket

    VR enabled cricket simulator

    Gaming tech
    See in list
  4. ProYuga

    Provider of virtual reality solutions

    Virtual reality
    See in list
  5. HoloWorld

    Developer of SDK to build metaverse

    Virtual reality
    Website

Gaming startups in India

Newer gaming companies founded in recent years.

  1. Brandscale Innovations

    Manufacturer of gaming accessories

    Internet first media
    See in list
  2. Sameo

    Ecommerce platform for gamers

    Gaming tech
    See in list
  3. Flecks Labs

    Developer of mobile-based casual games for kids

    Mobile gaming
    See in list
  4. Metashot

    Developer of mobile-based metaphysical cricket game

    Gaming tech
    Website
  5. Driffle

    Online retailer of digital goods including games, gift cards, and subscriptions

    Gaming tech
    Website
393 companies in India

Gaming companies hiring in India

Gaming companies with open jobs right now.

  1. Games24x7

    Operator of a platform providing Rummy, Fantasy Sports, and Ludo

    Sports tech
    See in list
  2. MPL

    Operator of an online platform providing real money skill-based gaming

    Esports
    See in list
  3. WinZO

    Digital platform offering a wide range of online games with monetization options and social features

    Esports
    See in list
  4. Gameberry Labs

    Developer of online games for mobile devices and social platforms

    Mobile gaming
    See in list
  5. Onmo

    Developer of a mobile gaming platform integrating streaming, social, and esports

    Social platforms
    See in list
34 companies in India

Listed gaming companies in India

Publicly listed gaming companies.

  1. Nazara

    Provider of diversified gaming and sports media platform

    Mobile gaming
    See in list
  2. 7Seas Entertainment

    Developer of online and mobile games across multiple genres

    Pc & console gaming
    See in list
  3. viaan industries

    Viaan Industries is a media and entertainment company.

    Mobile game developers
    Website
3 companies in India
Mobile reach

Top 10 gaming apps from India

The most-installed Android apps published by gaming companies headquartered in India — 2509.9M installs between them. 385 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Ludo King®

by Gametion

Installs1464.5M
Rating4.1610.3M ratings
Installs, year on year+18%
Last updatedJun 2026
View on Google Play ↗
Ludo King® screenshot 1Ludo King® screenshot 2Ludo King® screenshot 3Ludo King® screenshot 4Ludo King® screenshot 5Ludo King® screenshot 6
2

Street Chaser

by iGold

Installs169.6M
Rating4.5356K ratings
Installs, year on year+12%
Last updatedJun 2026
View on Google Play ↗
Street Chaser screenshot 1Street Chaser screenshot 2Street Chaser screenshot 3Street Chaser screenshot 4Street Chaser screenshot 5Street Chaser screenshot 6
3

Parchisi STAR Online

by Gameberry Labs

Installs163.2M
Rating4.683.3M ratings
Installs, year on year+11%
Last updatedJun 2026
View on Google Play ↗
Parchisi STAR Online screenshot 1Parchisi STAR Online screenshot 2Parchisi STAR Online screenshot 3Parchisi STAR Online screenshot 4Parchisi STAR Online screenshot 5Parchisi STAR Online screenshot 6
5

Ludo by Zupee - Play Online

by Zupee

Installs105.5M
Rating4.232.0M ratings
Installs, year on year+25%
Last updatedMay 2026
View on Google Play ↗
Ludo by Zupee - Play Online screenshot 1Ludo by Zupee - Play Online screenshot 2Ludo by Zupee - Play Online screenshot 3Ludo by Zupee - Play Online screenshot 4Ludo by Zupee - Play Online screenshot 5Ludo by Zupee - Play Online screenshot 6
6

MaskGun: FPS Shooting Gun Game

by June Gaming

Installs102.6M
Rating4.0615K ratings
Installs, year on year+9%
Last updatedOct 2025
View on Google Play ↗
MaskGun: FPS Shooting Gun Game screenshot 1MaskGun: FPS Shooting Gun Game screenshot 2MaskGun: FPS Shooting Gun Game screenshot 3MaskGun: FPS Shooting Gun Game screenshot 4MaskGun: FPS Shooting Gun Game screenshot 5MaskGun: FPS Shooting Gun Game screenshot 6
7

Rooter: Watch Gaming & Esports

by Rooter

Installs99.9M
Rating3.64798K ratings
Last updatedMay 2026
View on Google Play ↗
Rooter: Watch Gaming & Esports screenshot 1Rooter: Watch Gaming & Esports screenshot 2Rooter: Watch Gaming & Esports screenshot 3Rooter: Watch Gaming & Esports screenshot 4Rooter: Watch Gaming & Esports screenshot 5Rooter: Watch Gaming & Esports screenshot 6
8

Teen Patti Octro Poker & Rummy

by Octro

Installs96.2M
Rating4.361.7M ratings
Last updatedMay 2026
View on Google Play ↗
Teen Patti Octro Poker & Rummy screenshot 1Teen Patti Octro Poker & Rummy screenshot 2Teen Patti Octro Poker & Rummy screenshot 3Teen Patti Octro Poker & Rummy screenshot 4Teen Patti Octro Poker & Rummy screenshot 5Teen Patti Octro Poker & Rummy screenshot 6
9

World Robot Boxing

by RelianceGames

Installs83.3M
Rating4.452.4M ratings
Last updatedJun 2026
View on Google Play ↗
World Robot Boxing screenshot 1World Robot Boxing screenshot 2World Robot Boxing screenshot 3World Robot Boxing screenshot 4World Robot Boxing screenshot 5World Robot Boxing screenshot 6
10

Math Games, Learn Add Multiply

by GunjanApps Studios

Installs70.0M
Rating4.52295K ratings
Installs, year on year+6%
Last updatedMay 2026
View on Google Play ↗
Math Games, Learn Add Multiply screenshot 1Math Games, Learn Add Multiply screenshot 2Math Games, Learn Add Multiply screenshot 3Math Games, Learn Add Multiply screenshot 4Math Games, Learn Add Multiply screenshot 5Math Games, Learn Add Multiply screenshot 6
The business behind the activity

Gaming financials in India

Revenue, profit and growth from the filed annual accounts of 222 gaming companies in India for FY24-25 — 302 of the 1,481 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 89% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹10,394.80 cr

222 companies filing accounts

combined net profit−₹765.71 cr

-7.4% aggregate margin

are profitable42%

93 of 222 companies

median revenue~₹75 lakh

the typical company

median revenue growth-2%

into FY24-25

earned by the top five89%

revenue concentration

Six-year view

Combined revenue of filing companies

₹3,952.06 crFY19-20147 filers
₹5,569.04 crFY20-21169 filers
₹7,556.78 crFY21-22186 filers
₹13,273.38 crFY22-23211 filers
₹16,098.85 crFY23-24223 filers
₹10,394.80 crFY24-25222 filers

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

Like-for-like

The same 170 companies over three years

+13%
FY22-23₹8,961.74 cr−₹59.36 cr net
FY23-24₹10,897.98 cr₹860.07 cr net
FY24-25₹10,162.01 cr−₹715.55 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 cr12126% profitable
₹1–10 cr6957% profitable
₹10–100 cr2673% profitable
₹100–1,000 cr560% profitable
Over ₹1,000 cr10% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking99
0–20%25
20–50%25
50–100%13
Doubled+30

192 companies with accounts for both years; median growth -2%.

Profitability

Profit is concentrated at the top

93profitable
129loss-making
-7.4%aggregate margin
-11.8%median margin

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

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
TamashaGAMEPE TECHNOLOGIES PRIVATE LIMITED+834%₹33.71 cr
Flecks LabsFLECKSLABS TECHNOLOGY PRIVATE LIMITED
MetashotGILLIDANDA TECH PRIVATE LIMITED₹10.15 cr
RooterROOTER SPORTS TECHNOLOGIES PRIVATE LIMITED+107%₹79.83 cr
GameopediaGAMEOPEDIA DATA SOLUTIONS PRIVATE LIMITED
NazaraNazara Technologies Limited+49%₹100.86 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Rendered IdeasRENDERED IDEAS SOFTGAME PRIVATE LIMITED43.4%₹36.24 cr
NazaraNazara Technologies Limited27.8%₹100.86 cr
ProYugaProyuga Advanced Technologies Limited
DreamHQDREAM HQ LABS PRIVATE LIMITED
Flecks LabsFLECKSLABS TECHNOLOGY PRIVATE LIMITED
GametionGAMETION TECHNOLOGIES PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Mobile gaming130₹1,392.93 cr~₹54 lakh45%-9.8%
Gaming tech24₹195.19 cr~₹1.9 cr33%-33.4%
Esports19₹116.15 cr~₹29 lakh26%-28.9%
Pc & console gaming27₹98.02 cr~₹83 lakh41%-16.6%
Leaders

Largest gaming companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Dream SportsSPORTA TECHNOLOGIES PRIVATE LIMITED₹7,333.06 cr−₹428.40 cr-5.8%-12%
Head Digital WorksHead Digital Works Private Limited₹804.17 cr−₹63.67 cr-7.9%-9%
RushCEDENT PRIVATE LIMITED₹566.56 cr−₹134.71 cr-23.8%+46%
Witzeal TechnologiesWITZEAL TECHNOLOGIES PRIVATE LIMITED₹285.26 cr₹10.58 cr3.7%+29%
OnmoONMOBILE GLOBAL LIMITED₹249.85 cr₹8.45 cr3.4%+27%
NazaraNazara Technologies Limited₹100.86 cr₹28.04 cr27.8%+49%
Moonshine TechnologyMOONSHINE TECHNOLOGY PRIVATE LIMITED₹92.54 cr₹9.84 cr10.6%
RooterROOTER SPORTS TECHNOLOGIES PRIVATE LIMITED₹79.83 cr−₹32.07 cr-40.2%+107%
SportsBaaziSBN GAMING NETWORK PRIVATE LIMITED₹67.83 cr−₹10.81 cr-15.9%+30%
CoolBoots MediaCOOLBOOTS MEDIA PRIVATE LIMITED−₹27.85 cr-46.8%-25%
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 India 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 India
For investors and data teams

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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 India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months5

US$25.34m

equity rounds, last 24 months35

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

68Acquisition
2Merger
1Undisclosed

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.

Gaming funding in India

133 gaming companies in India have recorded equity funding, US$2.66bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind gaming companies in India. 691 of 1,481 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India gaming companies by sub-sector

The most common specialisations among gaming companies in India. 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.

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