Company lists
The Delhi edition · 2026

Mobilecompanies in Delhi

Mobile gaming, communication apps, app studios, mobile advertising, app distribution and more: the companies building mobile in Delhi, with their founders, funding, team size and business models.

172 company profiles27 with reported revenue14 with recorded fundingOctober 2026 edition
Delhi · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent mobile business events in India

Funding, M&A, contract wins and launches involving 2,942 mobile companies in India, last 24 months: 63 M&A deals · 22 funding rounds · 6 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
FundingSeed

Sprect

Sprect Raises ₹2 Cr Seed Round

Healthtech
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 (LFG) has raised $11 million in a Pre-Series A round, with some of India's biggest cricket stars joining as investors.

Investors Blume ventures, V3 ventures, Mixi, Times internet
Gaming
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
M&AAcquisition · Announced

Morgan stanley asia acquires Nazara technologies

Morgan Stanley Asia Singapore Pte bought shares worth about Rs 69.2 crore in gaming firm Nazara Technologies through a block deal on Tuesday, exchange data showed.

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 · Terminated

Shipping Agencies Services (SAS) acquires Moby

Italy's antitrust regulator said on Friday that Shipping Agencies Services (SAS), a unit of maritime group MSC, would drop its acquisition of a 49 per cent stake in ferry operator Moby…

Ferry operation
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.

LaunchIndus Appstore

Indus Appstore

Indus Appstore, launched in 2024, now lists over 200,000 apps in 12 languages. Partnerships with Xiaomi, Nokia and Lava pre-installed the store on some devices from early this year,…

App Store
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
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.

Funding

Eloelo

Venture capital firms Play Ventures, along with existing backers Westbridge and Kalaari, have shown strong conviction in the potential of live social entertainment startup Eloelo.…

Investors Play ventures, Westbridge, Kalaari
Social gaming and live streaming
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.

Mobile companies in Delhi, by revenue

Browse mobile companies in Delhi by reported revenue, one-year revenue growth, revenue model, age and stage. The 27 companies below are the largest by their most recent reported revenue among 27 mobile companies in Delhi 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 27

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

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
0none in 3 months · last posted Jul 2026

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

Provider of parental control app

K-12 edtech
₹34.67 crFY 2024-25
+19%2024–2025
4LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Online platform for personalized video shoutouts from celebrities

Online gifting
₹9.86 crFY 2022-23
Not reported
56-19% 12 mo to Aug 2024recorded Aug 2024
7 yr2019
0none in 3 months · last posted Jul 2026

Game art, animation content & developer company

Mobile gaming
₹6.23 crFY 2024-25
+40%2024–2025
34+2% vs previous recordLinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted May 2026

Developer of mobile-based casual games

Mobile gaming
₹5.02 crFY 2024-25
+35%2024–2025
20+200% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Oct 2025

Game development studio

Mobile gaming
₹4.92 crFY 2024-25
+263%2024–2025
44-3% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Jun 2026

Offers an AI-driven marketplace for buying and selling mobile apps

Mobile app distribution
₹4.62 crFY 2024-25
-52%2024–2025
20-22% 12 mo to Feb 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Sep 2025

Offers a mobile advertising network

Mobile advertising
₹4.58 crFY 2024-25
-12%2024–2025
23LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Offers home screen launcher app

Mobile utility tools
₹2.77 crFY 2021-22
Not reported
—Not available
7 yr2019
0none in 3 months

Mobile apps studio

Mobile app studios
₹1.26 crFY 2024-25
+19%2024–2025
5LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Developer of mobile-based casual video games

Mobile gaming
₹76.77 lakhFY 2024-25
+331%2024–2025
—Not available
3 yr2023
0none in 3 months

Platform offering affiliate ad network solution

Mobile advertising
₹40.98 lakhFY 2024-25
-6%2024–2025
16LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Mobile Game Studio for Puzzle Games

Mobile gaming
₹25.18 lakhFY 2024-25
Not reported
8LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Developer of multi-genre casual mobile games

Mobile gaming
₹16.90 lakhFY 2023-24
+54%2023–2024
—Not available
7 yr2019
0none in 3 months

Kitty party planner app

Communication apps
₹14.24 lakhFY 2023-24
Not reported
4recorded Mar 2018
10 yr2016
0none in 3 months

Metaverse-based social networking platform

Pc & console gaming
₹14.18 lakhFY 2024-25
-46%2024–2025
2recorded
5 yr2021
0none in 3 months

Game development company

Mobile gaming
₹9.56 lakhFY 2024-25
+431%2024–2025
4LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Mobile app gaming studio

Mobile gaming
₹3.74 lakhFY 2024-25
-87%2024–2025
3LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Content development for mobile apps

Mobile app studios
₹2.89 lakhFY 2024-25
Not reported
1+0% 12 mo to Sep 2024recorded Sep 2024
14 yr2012
0none in 3 months

Video messaging app

Communication apps
₹2.19 lakhFY 2024-25
-95%2024–2025
—Not available
11 yr2015
0none in 3 months

Online platform for messaging and calling

Communication apps
₹1.79 lakhFY 2023-24
-92%2023–2024
—Not available
5 yr2021
0none in 3 months

Provider of cloud-based multi-category mobile utility applications

Mobile app studios
₹0.97 lakhFY 2024-25
Not reported
1LinkedIn · Jul 2026
9 yr2017
0none in 3 months
27 of 172 companies shown here · the full list is on Radar
Fliar Radar

Explore all 172 mobile companies in Delhi on Radar

This page shows the top 27. Radar has the complete, filterable list with contacts and live company signals.

Open mobile in Delhi on Radar
  • Every company, not just 50All 172 mobile companies in Delhi, 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 mobile companies in Delhi by what you are looking for

Find top mobile companies in Delhi, including mobile gaming companies, app studios and mobile advertising firms. Browse mobile startups in Delhi and companies hiring now.

8 ways to explore mobile in Delhi

Mobile gaming companiesMessaging & communication app companiesMobile app development studiosMobile advertising & adtech companiesApp distribution & app store optimizationMobile development tools & enterprise software

Mobile gaming companies

Studios and platforms making mobile games and real money gaming apps.

  1. WinZO

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

    Esports
    See in list
  2. Rush

    Reward-based online gaming platform for various games

    Mobile gaming
    See in list
  3. Hike

    Provider of blockchain based mobile gaming platform

    Mobile gaming
    See in list
  4. Khiladi Adda

    Provider of an e-sports tournament and gaming platform

    Sports tech
    See in list
  5. Pencillati

    Game art, animation content & developer company

    Mobile gaming
    See in list

Messaging & communication app companies

Chat, calling and video messaging apps.

  1. TrueFan

    Online platform for personalized video shoutouts from celebrities

    Online gifting
    See in list
  2. KittyBee

    Kitty party planner app

    Communication apps
    See in list
  3. Tweek

    Video messaging app

    Communication apps
    See in list
  4. TheekHai

    Online platform for messaging and calling

    Communication apps
    See in list
  5. Adore Softphone

    VoIP based calling application

    Communication apps
    See in list

Mobile app development studios

Studios building mobile apps and utility tools.

  1. PikaPika App

    Provider of parental control app

    K-12 edtech
    See in list
  2. Launcher PlusOne

    Offers home screen launcher app

    Mobile utility tools
    See in list
  3. EPixel Software Pvt Ltd

    EPixelSoft is leading web and mobile app development company based in India & USA.

    Saas
    Website
  4. BobbleApp

    Developer of an AI-powered keyboard offering personalized expression and communication solutions for mobile devices

    Mobile utility tools
    Website
  5. Keettoo

    Custom Keyboard Application

    Mobile utility tools
    Website

Mobile advertising & adtech companies

Ad networks and mobile marketing platforms.

  1. Themobiadz

    Offers a mobile advertising network

    Mobile advertising
    See in list
  2. LOCAD

    Provider of location based mobile advertising and OOH ad campaign management platform

    Mobile advertising
    Website
  3. Clickermob

    Platform offering affiliate ad network solution

    Mobile advertising
    See in list
  4. testPage1

    Platform providing AI-driven programmatic advertising solutions

    Mobile advertising
    Website
  5. Adzealous Media

    Marketing and advertising creating digital marketing solutions for mobile

    Mobile advertising
    Website

App distribution & app store optimization

App marketplaces, alternate app stores and ASO tools.

  1. KalaGato

    Offers an AI-driven marketplace for buying and selling mobile apps

    Mobile app distribution
    See in list
  2. Frizza

    App to reward for downloading apps

    Mobile app distribution
    Website
  3. ASOeShop

    Cloud-based app store optimization solutions provider

    Marketingtech
    Website
  4. CPI Droid

    Cloud-based app-store optimization solutions provider

    Marketingtech
    Website
  5. android aces

    Android Aces is a forum to talk and write review about Android app.

    Mobile app distribution
    Website
8 companies in Delhi

Mobile development tools & enterprise software

Low code platforms and tools for building apps.

  1. EPixel Software Pvt Ltd

    EPixelSoft is leading web and mobile app development company based in India & USA.

    Saas
    Website
  2. highonnetworks

    HighOnNetworks is an internet company primarily dealing in web-development.

    Enterprise software
    Website
  3. webbooza technologies

    Webbooza Technologies is an India based in-house application software development company.

    Saas
    Website
  4. softkwit

    SoftKwit provides web designing, web development, web application development, logo designing, banner designing, and web services.

    Enterprise software
    Website
  5. e-commerce development company delhi

    Web Service Delhi fast growing software company in delhi ncr. Web Service Delhi company provide web development app development

    Application development tools
    Website

Mobile startups in Delhi

Newer mobile companies founded in recent years.

  1. Hyper Pixel

    Developer of mobile-based casual video games

    Mobile gaming
    See in list
  2. LOKA

    Metaverse-based social networking platform

    Pc & console gaming
    See in list
  3. TheekHai

    Online platform for messaging and calling

    Communication apps
    See in list
  4. Jumbo

    Online platform offering guaranteed rewards on shopping through schemes and weekly jackpots.

    Mobile gaming
    Website
  5. Petals Studio

    Game development studio

    Mobile gaming
    Website
38 companies in Delhi

Mobile companies hiring in Delhi

Mobile companies with open roles right now.

  1. WinZO

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

    Esports
    See in list
  2. Hike

    Provider of blockchain based mobile gaming platform

    Mobile gaming
    See in list
  3. TrueFan

    Online platform for personalized video shoutouts from celebrities

    Online gifting
    See in list
  4. Pencillati

    Game art, animation content & developer company

    Mobile gaming
    See in list
  5. Moong Labs

    Developer of mobile-based casual games

    Mobile gaming
    See in list
9 companies in Delhi
Mobile reach

Top 10 mobile apps from Delhi

The most-installed Android apps published by mobile companies headquartered in Delhi — 476.6M installs between them. 43 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

DigiLocker

by DigiLocker

Installs174.4M
Rating3.92614K ratings
Installs, year on year+37%
Last updatedJun 2026
View on Google Play ↗
DigiLocker screenshot 1DigiLocker screenshot 2DigiLocker screenshot 3DigiLocker screenshot 4DigiLocker screenshot 5DigiLocker screenshot 6
2

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
3

WinZO: Play Games & Watch TV

by WinZO

Installs67.4M
Rating3.17149K ratings
Installs, year on year+31%
Last updatedJun 2026
View on Google Play ↗
WinZO: Play Games & Watch TV screenshot 1WinZO: Play Games & Watch TV screenshot 2WinZO: Play Games & Watch TV screenshot 3WinZO: Play Games & Watch TV screenshot 4WinZO: Play Games & Watch TV screenshot 5
5

Shubh Calendar - 2026 Calendar

by Peakecorp

Installs37.4M
Rating4.39137K ratings
Installs, year on year+8%
Last updatedMay 2026
View on Google Play ↗
Shubh Calendar - 2026 Calendar screenshot 1Shubh Calendar - 2026 Calendar screenshot 2Shubh Calendar - 2026 Calendar screenshot 3Shubh Calendar - 2026 Calendar screenshot 4Shubh Calendar - 2026 Calendar screenshot 5Shubh Calendar - 2026 Calendar screenshot 6
6

Epic Cricket – Real 3D Game

by Moong Labs

Installs17.9M
Rating4.01199K ratings
Installs, year on year+8%
Last updatedMar 2026
View on Google Play ↗
Epic Cricket – Real 3D Game screenshot 1Epic Cricket – Real 3D Game screenshot 2Epic Cricket – Real 3D Game screenshot 3Epic Cricket – Real 3D Game screenshot 4Epic Cricket – Real 3D Game screenshot 5Epic Cricket – Real 3D Game screenshot 6
7

Earn Rewards, Tasks & Cashback

by Frizza

Installs12.3M
Rating4.57102K ratings
Installs, year on year+13%
Last updatedMar 2026
View on Google Play ↗
Earn Rewards, Tasks & Cashback screenshot 1Earn Rewards, Tasks & Cashback screenshot 2Earn Rewards, Tasks & Cashback screenshot 3Earn Rewards, Tasks & Cashback screenshot 4Earn Rewards, Tasks & Cashback screenshot 5
8

LivChat - live video chat

by LivChat

Installs9.2M
Rating4.2241K ratings
Installs, year on year+10%
Last updatedJan 2025
View on Google Play ↗
LivChat - live video chat screenshot 1LivChat - live video chat screenshot 2LivChat - live video chat screenshot 3LivChat - live video chat screenshot 4LivChat - live video chat screenshot 5LivChat - live video chat screenshot 6
9

Multi Level Police Car Parking

by GamerGage Studio

Installs7.7M
Rating4.033K ratings
Installs, year on year+4%
Last updatedDec 2025
View on Google Play ↗
Multi Level Police Car Parking screenshot 1Multi Level Police Car Parking screenshot 2Multi Level Police Car Parking screenshot 3Multi Level Police Car Parking screenshot 4Multi Level Police Car Parking screenshot 5Multi Level Police Car Parking screenshot 6
10

Launcher Plus One

by Launcher PlusOne

Installs7.2M
Rating4.46127K ratings
Installs, year on year+11%
Last updatedFeb 2026
View on Google Play ↗
Launcher Plus One screenshot 1Launcher Plus One screenshot 2Launcher Plus One screenshot 3Launcher Plus One screenshot 4Launcher Plus One screenshot 5Launcher Plus One screenshot 6
The business behind the activity

Mobile financials in Delhi

Revenue, profit and growth from the filed annual accounts of 20 mobile companies in Delhi for FY24-25 — 27 of the 172 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 98% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹722.17 cr

20 companies filing accounts

combined net profit−₹124.75 cr

-17.3% aggregate margin

are profitable40%

8 of 20 companies

median revenue~₹59 lakh

the typical company

median revenue growth-12%

into FY24-25

earned by the top five98%

revenue concentration

Six-year view

Combined revenue of filing companies

₹61.46 crFY19-2015 filers
₹138.12 crFY20-2116 filers
₹297.56 crFY21-2218 filers
₹1,026.41 crFY22-2320 filers
₹1,451.82 crFY23-2422 filers
₹722.17 crFY24-2520 filers

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

Like-for-like

The same 15 companies over three years

+230%
FY22-23₹190.27 cr−₹147.38 cr net
FY23-24₹445.88 cr−₹156.47 cr net
FY24-25₹628.76 cr−₹134.55 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 cr1118% profitable
₹1–10 cr683% profitable
₹10–100 cr250% profitable
₹100–1,000 cr10% profitable
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

Shrinking10
0–20%2
20–50%3
50–100%0
Doubled+2

17 companies with accounts for both years; median growth -12%.

Profitability

Profit is concentrated at the top

8profitable
12loss-making
-17.3%aggregate margin
-4.1%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
RushCEDENT PRIVATE LIMITED+46%₹566.56 cr
PikaPika AppFLOYDWIZ TECHNOLOGIES PRIVATE LIMITED+19%₹34.67 cr
Moonshine TechnologyMOONSHINE TECHNOLOGY PRIVATE LIMITED₹92.54 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Moonshine TechnologyMOONSHINE TECHNOLOGY PRIVATE LIMITED10.6%₹92.54 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Mobile gaming8₹583.89 cr~₹2.8 cr62%-22.6%
Leaders

Largest mobile companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
RushCEDENT PRIVATE LIMITED₹566.56 cr−₹134.71 cr-23.8%+46%
Moonshine TechnologyMOONSHINE TECHNOLOGY PRIVATE LIMITED₹92.54 cr₹9.84 cr10.6%
PikaPika AppFLOYDWIZ TECHNOLOGIES PRIVATE LIMITED₹34.67 cr−₹2.08 cr-6.0%+19%
PencillatiPENCILLATI STUDIOS PRIVATE LIMITED₹6.23 cr₹97.62 lakh15.7%+40%
Moong LabsMOONG LABS TECHNOLOGIES PRIVATE LIMITED₹5.02 cr₹4.97 lakh1.0%+35%
ThreyeIncTHREYE INTERACTIVE PRIVATE LIMITED₹4.92 cr₹2.34 cr47.5%+263%
KalaGatoHUMAN DATA SYSTEMS PRIVATE LIMITED₹4.62 cr−₹9.85 lakh-2.1%-52%
ThemobiadzPROTECHMIND SOLUTIONS PRIVATE LIMITED₹4.58 cr₹26.44 lakh5.8%-12%
PeakecorpATLANTECH ONLINE SERVICES PRIVATE LIMITED₹1.26 cr₹43.87 lakh34.8%+19%
Hyper PixelPIXELHYPE GAMES PRIVATE LIMITED₹76.77 lakh₹2.29 lakh3.0%+331%
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

AdTech Industry Landscape of Delhi

The financials above are one chapter. The full mobile landscape of Delhi 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 mobile landscape of Delhi
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

Mobile funding and M&A across India

445 recorded equity rounds have gone to 2,942 mobile companies in India — how much, at which stage, into which sub-sectors, from whom, and how Delhi compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months4

US$22.44m

equity rounds, last 24 months27

US$85.60m

raised over five yearsUS$2.02bn

168 rounds in India

M&A deals, India63

last 24 months

Capital by year

Equity funding into mobile in India

amount rounds
$152m201834
$178m201939
$356m202042
$1.4bn202156
$488m202243
$73m202325
$34m202423
$52m202517
$22m20264

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$1.35bn across 56 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$2.47m17 rounds · median US$66k
SeedUS$102.36m91 rounds · median US$976k
Series AUS$220.53m25 rounds · median US$10.00m
Series BUS$214.63m18 rounds · median US$11.33m
Series CUS$169.02m6 rounds · median US$12.85m
Series D+US$1.31bn11 rounds · median US$50.46m
Where the money went · five years

Most-funded sub-sectors

Sports techUS$933.04m4 rounds · 2 companies
EsportsUS$335.72m8 rounds · 2 companies
Mobile gamingUS$285.39m79 rounds · 47 companies
Vernacular platformsUS$200.00m1 rounds · 1 companies
Social platformsUS$107.57m16 rounds · 6 companies
Mobile app studiosUS$58.78m7 rounds · 5 companies
Pc & console gamingUS$28.33m16 rounds · 11 companies
Corporate activity · last 24 months

M&A in India

60Acquisition
2Merger
1Undisclosed

Most active acquirers

  1. Nazara technologies37
  2. Axana Estates LLP7
  3. Head digital works3
  4. Rush2
  5. Zupee2

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.

Mobile funding in Delhi

14 mobile companies in Delhi have recorded equity funding, US$387.20m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Delhi

Meet the people behind mobile companies in Delhi. 65 of 172 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Delhi mobile companies by sub-sector

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

Keep exploring mobile in India and nearby markets.

Coming soon