Radar · Mobile in India
Best Mobile Companies in India
The 1267 best Mobile companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Dream Sports.
By Riya SenguptaFinancials
1267companies tracked
$4.1Bdisclosed funding
6unicorns
184have raised
India's Mobile startup scene, ranked by disclosed equity funding and recent momentum, spans 1,267 tracked companies with $4.1 billion in total disclosed capital. That's a real number. MPL leads the funding table at $396 million, with Glance close behind at $390 million and InMobi at $266 million, three companies that together account for a disproportionate share of a sector still attracting Kalaari Capital, Sequoia Capital and Blume Ventures. The global mobile market sits at roughly $9.0 billion in 2025 and is forecast to reach $24.1 billion by 2033 at a 13.12% CAGR, driven by 5G rollout and deepening smartphone penetration across tier-2 and tier-3 India.
So what does that mean for you as an investor or founder sizing this market? Six unicorns have emerged from these 1,267 companies, which tells you the hit rate is narrow but real. Hot themes right now cluster around smartphone OS, mobile OS and new device models. Security remains an open question too, given longstanding concerns about mobile payment app vulnerabilities that the sector hasn't fully resolved. I'd watch the OS layer closely. Consumer brands are already moving fast, with Puma's India mobile shopping push signaling that retail dollars are following the eyeballs.
Sources & further reading
- OPPO Find X9 vs OPPO Find X9s: What's Actually Different and Which One Should Yo
- Top Picks: The Best Mobile Under £500 in 2026
- Oppo Find X9 Pro 5G mobile launch: Price in India, storage options, and colours
FLIAR INTELLIGENCE · MOBILE × INDIA
Our analysis of 50 Mobile companies
$3.7b in tracked funding; 85% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
50companies analysed
85%cloud-native stacks
2021funding peak (by rounds)
6unicorns
2020median founding year
1.6Mcombined LinkedIn audience
46%of audience held by top 3
6companies hiring publicly (12 mo)
Ranked: Best Mobile companies in India
| # | Company | Revenue | Disclosed funding | Last round | Revenue YoY | Employees | Tech stack | Market signals (1y) | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Dream Sports 🦄 Provider of sports-related digital content, fantasy sports, and sports travel experiences 67Market top 22%Moat top 23%Product top 26%Funding top 27% All 11 signals ▾Markettop 22% Moattop 23% Producttop 26% Fundingtop 27% Newstop 31% Techtop 37% Growthtop 46% Innovationtop 47% Fin. healthtop 48% Talentbottom 48% Globalbottom 39% Market: 1,136 employees (top 3% of Mobile) · Revenue ~$872M Moat: Top 1% by revenue among 230 tracked Sports Tech companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 67/100 | $872M FY2025 | $1.5B | 57 mo ago | -12% | 1,136 | WordPressMySQLPHP+21 | 5 signals ▲150% Earnings · New product · Leadership | 1 award |
| 2 | Games24x7 🦄 Operator of a platform providing Rummy, Fantasy Sports, and Ludo 69Moat top 17%Customers top 19%Market top 22%Product top 27% All 12 signals ▾Moattop 17% Customerstop 19% Markettop 22% Producttop 27% Talenttop 28% Fundingtop 32% Techtop 42% Innovationtop 44% Globaltop 44% Fin. healthtop 48% Newsbottom 45% Growthbottom 37% Moat: Top 1% by revenue among 230 tracked Sports Tech companies · Editorial + unicorn rating 9/10 Customers: App rating 4.2★ (463,978 reviews) · Marquee-customer mentions: top 10% of tracked companies rank vs industry peers · Fliar Intelligence Index 69/100 | $265M FY2025 | $99M | 50 mo ago | -2% | 816 816 → 662 (-19%) · sector median +42% | WebflowYouTubeAmazon Web Services+17 | 4 signals ▼60% Layoffs · New product | — |
| 3 | Nazara Provider of diversified gaming and sports media platform 69Funding top 22%Moat top 22%Global top 25%Fin. health top 33% All 11 signals ▾Fundingtop 22% Moattop 22% Globaltop 25% Fin. healthtop 33% Markettop 34% Customerstop 37% Producttop 39% Newstop 42% Techtop 43% Growthtop 50% Talentbottom 40% Funding: Raised $128M across 14 rounds · 14 rounds over 21 yrs (0.7/yr) Moat: Top 1% by revenue among 206 tracked Mobile Gaming companies · Editorial + unicorn rating 6/10 rank vs industry peers · Fliar Intelligence Index 69/100 | $203M FY2025 | $128M | 16 mo ago | +41% | 74 | Webflowcore-jsAOS+14 | 67 signals ▼64% Earnings · M&A · Funding | — |
| 4 | MPL 🦄 Operator of an online platform providing real money skill-based gaming 83Moat top 17%Funding top 20%Market top 23%Tech top 25% All 9 signals ▾Moattop 17% Fundingtop 20% Markettop 23% Techtop 25% Fin. healthtop 30% Talenttop 38% Newstop 41% Globaltop 42% Growthtop 46% Moat: Top 1% by revenue among 51 tracked eSports companies · Editorial + unicorn rating 9/10 Funding: Raised $396M across 11 rounds · 11 rounds over 8 yrs (1.4/yr) rank vs industry peers · Fliar Intelligence Index 83/100 | $167M FY2025 | $396M | 16 mo ago | +30% | 392 392 → 618 (+58%) · sector median +42% | WordPressMySQLPHP+24 | 3 signals ▲50% Layoffs | 1 internship |
| 5 | Zupee Operator of digital platforms providing skill based board game applications 78Moat top 20%Customers top 21%Market top 26%Fin. health top 27% All 12 signals ▾Moattop 20% Customerstop 21% Markettop 26% Fin. healthtop 27% Growthtop 29% Newstop 31% Fundingtop 32% Talenttop 38% Innovationtop 40% Producttop 40% Techbottom 46% Globalbottom 39% Moat: Top 1% by revenue among 206 tracked Mobile Gaming companies · Editorial + unicorn rating 8/10 Customers: Play-Store rating 4.21★ across 2,407,091 ratings (2 apps) · Marquee-customer mentions: top 30% of tracked companies rank vs industry peers · Fliar Intelligence Index 78/100 | $142M FY2024 | $122M | 53 mo ago | +36% | 368 368 → 514 (+40%) · sector median +42% | Node.jsReactNext.js App Router+9 | 11 signals ▲1000% Layoffs · New product · M&A | — |
| 6 | Head Digital Works Provider of online skill-based gaming platforms 50Moat top 21%Tech top 37%Market top 39%Customers top 39% All 11 signals ▾Moattop 21% Techtop 37% Markettop 39% Customerstop 39% Fundingtop 43% Fin. healthbottom 49% Productbottom 47% Talentbottom 45% Growthbottom 42% Globalbottom 39% Newsbottom 36% Moat: Top 4% by revenue among 97 tracked Gambling Tech companies · Editorial + unicorn rating 8/10 Tech: 35 technologies across 4/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 50/100 | $95M FY2025 | $91M | 109 mo ago | -8% | 534 | Node.jsYouTubeReact+11 | 3 signals ▼80% Layoffs | — |
| 7 | WinZO Digital platform offering a wide range of online games with monetization options and social features 74Growth top 18%Tech top 19%Moat top 21%News top 27% All 12 signals ▾Growthtop 18% Techtop 19% Moattop 21% Newstop 27% Talenttop 28% Fundingtop 36% Fin. healthtop 38% Producttop 40% Markettop 44% Customerstop 45% Innovationbottom 46% Globalbottom 39% Growth: Revenue +182% YoY · Web rank 5,000,000 → 50,000,000 YoY Tech: 32 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 74/100 | $86M FY2023 | $92M | 62 mo ago | +182% | 51 | MediumTypeScriptGraphQL+18 | 7 signals ▲250% Regulatory · Announcements · Lawsuit | — |
| 8 | Glance 🦄 Developer of an AI-powered shopping agent providing personalized style inspiration 96Tech top 10%Market top 16%Talent top 23%Product top 24% All 11 signals ▾Techtop 10% Markettop 16% Talenttop 23% Producttop 24% Fundingtop 25% Moattop 26% Growthtop 28% Fin. healthtop 30% Customerstop 32% Globaltop 36% AItop 45% Tech: 72 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Market: 738 employees (top 6% of Fashion Tech) · Revenue ~$73.1M rank vs industry peers · Fliar Intelligence Index 96/100 | $73M FY2024 | $390M | 15 mo ago | +89% | 738 738 → 1,053 (+43%) · sector median +42% | ContentfulSentryNode.js+33 | — | — |
| 9 | Baazi Games Operator of online poker and sports prediction gaming solutions 74Talent top 23%Moat top 24%Fin. health top 30%Product top 30% All 11 signals ▾Talenttop 23% Moattop 24% Fin. healthtop 30% Producttop 30% Innovationtop 33% Growthtop 34% Fundingtop 41% Markettop 43% Newstop 47% Techtop 48% Globalbottom 37% Talent: 5 named leaders on record · 5 C-suite/founder profiles curated Moat: Top 5% by revenue among 97 tracked Gambling Tech companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 74/100 | $72M FY2025 | $2M | 10 mo ago | +35% | 148 | Apple iCloud MailMicrosoft 365Node.js+11 | — | — |
| 10 | Hike 🦄 Provider of blockchain based mobile gaming platform 78Growth top 5%AI top 15%Moat top 20%Customers top 24% All 13 signals ▾Growthtop 5% AItop 15% Moattop 20% Customerstop 24% Markettop 32% Fundingtop 34% Producttop 36% Talenttop 39% Fin. healthtop 44% Techbottom 49% Globalbottom 44% Patentsbottom 35% Innovationbottom 30% Growth: Revenue +150% YoY AI: Holds AI/ML patents (G06N-family CPC) rank vs industry peers · Fliar Intelligence Index 78/100 | $47M FY2024 | $261M | 49 mo ago | +150% | 201 | Squarespace CommerceCart FunctionalitySquarespace+17 | — | — |
| 11 | Silver Push AI powered video advertising platform 62Funding top 28%Tech top 34%Growth top 37%Moat top 39% All 10 signals ▾Fundingtop 28% Techtop 34% Growthtop 37% Moattop 39% AItop 45% Fin. healthtop 48% Marketbottom 48% Talentbottom 40% Globalbottom 39% Newsbottom 32% Funding: Raised $19.9M across 7 rounds · 7 rounds over 14 yrs (0.5/yr) Tech: 40 technologies across 5/8 capability areas · Cloud: Amazon Web Services, Cloudflare rank vs industry peers · Fliar Intelligence Index 62/100 | $46M FY2025 | $20M | 7 mo ago | +12% | 88 | WordPressApple iCloud MailGoogle Workspace+30 | — | 1 partnership · 1 award |
| 12 | JetSynthesys Provider of digital entertainment experiences across gaming, esports, music, and sports 60Moat top 25%Funding top 27%Product top 29%Customers top 29% All 13 signals ▾Moattop 25% Fundingtop 27% Producttop 29% Customerstop 29% Techtop 32% Markettop 36% Fin. healthtop 41% Talenttop 46% Growthtop 48% Newstop 48% Innovationbottom 37% Globalbottom 37% Patentsbottom 28% Moat: Top 2% by revenue among 206 tracked Mobile Gaming companies · Editorial + unicorn rating 8/10 Funding: Raised $84.7M across 11 rounds · 11 rounds over 14 yrs (0.8/yr) rank vs industry peers · Fliar Intelligence Index 60/100 | $45M FY2025 | $85M | 14 mo ago | +51% | 181 181 → 262 (+45%) · sector median +42% | WordPressMySQLPHP+24 | 5 signals ▼29% Leadership · M&A · Earnings | 1 award |
| 13 | Eloelo Provider of live social entertainment platform 60Moat top 23%Customers top 26%Growth top 31%Funding top 32% All 11 signals ▾Moattop 23% Customerstop 26% Growthtop 31% Fundingtop 32% Markettop 40% Fin. healthtop 44% Producttop 46% Talentbottom 49% Globalbottom 39% Techbottom 33% Newsbottom 33% Moat: Top 3% by revenue among 226 tracked Social Platforms companies · Editorial + unicorn rating 7/10 Customers: Play-Store rating 4.06★ across 357,986 ratings (1 apps) · Review volume +46% in 6 mo rank vs industry peers · Fliar Intelligence Index 60/100 | $9M FY2025 | $38M | 14 mo ago | +1481% | 148 | WebflowNode.jsYouTube+8 | — | — |
| 14 | Lokal Developer of digital products and applications for consumers 74Growth top 9%Moat top 22%Funding top 37%Talent top 38% All 9 signals ▾Growthtop 9% Moattop 22% Fundingtop 37% Talenttop 38% Markettop 39% Fin. healthtop 45% Producttop 46% Globalbottom 48% Techbottom 41% Growth: Revenue +176% YoY Moat: Top 7% by revenue among 29 tracked Mobile App Studios companies · 9 curated direct competitors tracked rank vs industry peers · Fliar Intelligence Index 74/100 | $8M FY2025 | $32M | 43 mo ago | +176% | — | WebflowGSAPSwiper+9 | — | 1 internship |
| 15 | Chingari Platform offering live streaming, gaming, and social interaction with rewards for creators and users 48Moat top 21%Talent top 28%Customers top 32%Tech top 36% All 11 signals ▾Moattop 21% Talenttop 28% Customerstop 32% Techtop 36% Fundingtop 37% Markettop 40% Newstop 41% Productbottom 47% Globalbottom 39% Fin. healthbottom 32% Growthbottom 28% Moat: Top 4% by revenue among 226 tracked Social Platforms companies · Editorial + unicorn rating 8/10 Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 48/100 | $5M FY2025 | $62M | 40 mo ago | -53% | 598 | WordPressMySQLPHP+20 | — | 2 job openings |
| 16 | SuperGaming Developer of multiplayer online games and a game server platform 53Talent top 23%News top 26%Funding top 36%Customers top 39% All 11 signals ▾Talenttop 23% Newstop 26% Fundingtop 36% Customerstop 39% Moattop 39% Producttop 40% Fin. healthtop 49% Markettop 50% Growthtop 50% Globalbottom 45% Techbottom 44% Talent: 7 named leaders on record · 7 C-suite/founder profiles curated News: 7 BI events in 12 mo (of 11 tracked, 2 types) · +600% YoY rank vs industry peers · Fliar Intelligence Index 53/100 | $5M FY2025 | $7M | 10 mo ago | -1% | 139 139 → 133 (-4%) · sector median +42% | WebflowPlyrYouTube+15 | 7 signals ▲600% Funding | 1 award |
| 17 | Bobble AI Developer of keyboard-as-a-platform offering branding, marketing, and data solutions 55Talent top 22%Moat top 23%Innovation top 28%Customers top 32% All 12 signals ▾Talenttop 22% Moattop 23% Innovationtop 28% Customerstop 32% Techtop 37% Fundingtop 38% Markettop 47% Producttop 49% Growthbottom 39% Globalbottom 39% Fin. healthbottom 25% Newsbottom 21% Talent: Analyst team rating 5/5 · 3 named leaders on record Moat: Top 5% by revenue among 22 tracked Mobile Utility Tools companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 55/100 | $3M FY2025 | $27M | 16 mo ago | -33% | 92 92 → 105 (+14%) · sector median +42% | Cart FunctionalityShopifyPushOwl+19 | — | — |
| 18 | LILA Developer of free-to-play mobile shooter games with artistic and technical roles 48Growth top 32%Talent top 38%Fin. health top 44%Product top 47% All 10 signals ▾Growthtop 32% Talenttop 38% Fin. healthtop 44% Producttop 47% Fundingtop 49% Techbottom 49% Customersbottom 43% Globalbottom 39% Marketbottom 38% Newsbottom 22% Growth: Headcount 26 → 32 (+23%) across vintages · Revenue +25% YoY Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 48/100 | $1M FY2025 | $13M | 51 mo ago | +25% | 32 | WordPressMySQLPHP+27 | — | — |
| 19 | TrueFan Online platform for personalized video shoutouts from celebrities 42Customers top 20%Moat top 26%Tech top 31%Talent top 35% All 11 signals ▾Customerstop 20% Moattop 26% Techtop 31% Talenttop 35% Fundingtop 44% Productbottom 48% Marketbottom 45% Newsbottom 39% Globalbottom 36% Fin. healthbottom 29% Growthbottom 28% Customers: App rating 4.2★ (29,149 reviews) · Review volume +27% in 6 mo Moat: Top 23% by revenue among 142 tracked Online Gifting companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 42/100 | $1M FY2023 | $11M | 47 mo ago | — | 56 | Cart FunctionalityNode.jsFirebase+18 | — | — |
| 20 | Deftouch Independent mobile game development studio 48Growth top 17%Moat top 35%Talent top 38%Funding bottom 46% All 7 signals ▾Growthtop 17% Moattop 35% Talenttop 38% Fundingbottom 46% Fin. healthbottom 45% Globalbottom 37% Marketbottom 34% Growth: Revenue +61% YoY · Fresh capital in last 24 mo Moat: Top 19% by revenue among 206 tracked Mobile Gaming companies · Editorial + unicorn rating 5/10 rank vs industry peers · Fliar Intelligence Index 48/100 | $614K FY2025 | $2M | 20 mo ago | +61% | 5 | — | — | — |
| 21 | LightFury Games Platform for developing and publishing immersive AAA games for audiences 69Growth top 20%Moat top 27%Talent top 28%Funding top 38% All 10 signals ▾Growthtop 20% Moattop 27% Talenttop 28% Fundingtop 38% Techtop 42% Newstop 44% AItop 45% Marketbottom 48% Fin. healthbottom 46% Globalbottom 39% Growth: Revenue +157% YoY · Fresh capital in last 24 mo Moat: Top 12% by revenue among 48 tracked PC & Console Gaming companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 69/100 | $522K FY2025 | $8M | 4 mo ago | +157% | — | Apple iCloud MailNode.jsThree.js+9 | — | — |
| 22 | Felicity Games Developer and publisher of casual mobile games utilizing AI technology for creative speed and scalable… 48Customers top 18%Growth top 28%Moat top 36%Product top 41% All 11 signals ▾Customerstop 18% Growthtop 28% Moattop 36% Producttop 41% Fundingtop 43% Talentbottom 49% Fin. healthbottom 48% Techbottom 40% Globalbottom 39% Marketbottom 38% Newsbottom 29% Customers: Play-Store rating 4.81★ across 52,333 ratings (15 apps) · Review volume +52% in 6 mo Growth: Revenue +1802% YoY · Web rank 5,000,000 → 10,000,000 YoY rank vs industry peers · Fliar Intelligence Index 48/100 | $488K FY2025 | $700K | 2 mo ago | +1802% | — | ReactReact RouterAmazon Web Services+9 | — | — |
| 23 | Brightpoint Studios Developer of casual games 60Growth top 11%Customers top 28%Talent top 45%Funding top 46% All 10 signals ▾Growthtop 11% Customerstop 28% Talenttop 45% Fundingtop 46% Moattop 46% Productbottom 48% Fin. healthbottom 44% Marketbottom 41% Techbottom 41% Globalbottom 36% Growth: Revenue +379% YoY · Web rank 50,000,000 → 10,000,000 YoY Customers: Play-Store rating 4.78★ across 5,499 ratings (1 apps) rank vs industry peers · Fliar Intelligence Index 60/100 | $362K FY2025 | $6M | 26 mo ago | +379% | — | Node.jsReactEmotion+7 | — | 5 job openings |
| 24 | Turnip Provider of platform enabling gaming community creation, interaction, and live-streaming 21Moat top 20%Talent top 28%Funding top 48%Customers top 50% All 11 signals ▾Moattop 20% Talenttop 28% Fundingtop 48% Customerstop 50% Productbottom 48% Globalbottom 39% Marketbottom 38% Growthbottom 38% Techbottom 30% Newsbottom 22% Fin. healthbottom 19% Moat: Top 13% by revenue among 31 tracked Communication Apps companies · Editorial + unicorn rating 7/10 Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 21/100 | $289K FY2025 | $15M | 53 mo ago | -27% | 18 18 → 28 (+56%) · sector median +42% | WebflowSendinblueGoogle Workspace+7 | — | — |
| 25 | Funstop Developer and publisher of games 48Growth top 13%Moat top 35%Talent top 38%Funding top 48% All 9 signals ▾Growthtop 13% Moattop 35% Talenttop 38% Fundingtop 48% Fin. healthbottom 45% Marketbottom 35% Techbottom 34% Globalbottom 32% Newsbottom 18% Growth: Revenue +269% YoY · Fresh capital in last 24 mo Moat: Top 29% by revenue among 206 tracked Mobile Gaming companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 48/100 | $241K FY2025 | $2M | 19 mo ago | +269% | — | WordPressMySQLPHP+13 | — | — |
| 26 | Xigma Games Developer of games across multiple platforms with original and innovative ideas 21Growth top 35%Talent top 38%Moat bottom 48%Funding bottom 42% All 8 signals ▾Growthtop 35% Talenttop 38% Moatbottom 48% Fundingbottom 42% Globalbottom 32% Marketbottom 28% Fin. healthbottom 28% Techbottom 25% Growth: Fresh capital in last 24 mo Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 21/100 | $89K FY2025 | $10K | 2 mo ago | — | 10 | WordPressMySQLPHP+16 | — | — |
| 27 | Billion Hearts Developer of digital consumer products with a focus on global recognition 29Growth top 35%Funding top 40%Talent bottom 49%Tech bottom 47% All 7 signals ▾Growthtop 35% Fundingtop 40% Talentbottom 49% Techbottom 47% Globalbottom 45% Marketbottom 30% Fin. healthbottom 20% Growth: Fresh capital in last 24 mo Funding: Raised $4.2M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 29/100 | $76K FY2025 | $4M | 18 mo ago | — | — | WixSentryBootstrap+10 | — | — |
| 28 | GameEon Developer of mobile games and provider of game development services 22Innovation top 39%Product top 42%Moat top 48%Customers top 50% All 12 signals ▾Innovationtop 39% Producttop 42% Moattop 48% Customerstop 50% Talentbottom 49% Growthbottom 48% Techbottom 47% Fundingbottom 44% Globalbottom 39% Marketbottom 22% Newsbottom 18% Fin. healthbottom 14% Innovation: 7 product lines Product: 7 distinct product lines · 2 published apps (184 installs) rank vs industry peers · Fliar Intelligence Index 22/100 | $45K FY2024 | $2M | 21 mo ago | -64% | 10 | WordPress Block EditorElementorWordPress+28 | — | — |
| 29 | Triple Tap Games Game development studio 11Customers top 30%Talent top 38%Product top 49%Funding bottom 44% All 9 signals ▾Customerstop 30% Talenttop 38% Producttop 49% Fundingbottom 44% Techbottom 35% Moatbottom 35% Globalbottom 32% Marketbottom 22% Fin. healthbottom 16% Customers: Play-Store rating 4.65★ across 3,172 ratings (4 apps) Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 11/100 | $20K FY2025 | $1M | 15 mo ago | — | — | WordPressMySQLPHP+7 | — | — |
| 30 | LOKA Metaverse-based social networking platform 7Moat bottom 47%Tech bottom 45%Talent bottom 45%Funding bottom 35% All 8 signals ▾Moatbottom 47% Techbottom 45% Talentbottom 45% Fundingbottom 35% Growthbottom 32% Globalbottom 25% Marketbottom 15% Fin. healthbottom 13% Moat: Top 58% by revenue among 48 tracked PC & Console Gaming companies · Editorial + unicorn rating 5/10 Tech: 14 technologies across 3/8 capability areas · Cloud: Google Cloud, Google Cloud Cdn rank vs industry peers · Fliar Intelligence Index 7/100 | $17K FY2025 | $125K | 17 mo ago | -46% | 2 | — | — | — |
| 31 | Arckon Arts Mobile game developer focusing on casual games 21Growth top 32%Customers top 38%Talent top 38%Product bottom 41% All 10 signals ▾Growthtop 32% Customerstop 38% Talenttop 38% Productbottom 41% Moatbottom 41% Fundingbottom 40% Fin. healthbottom 36% Globalbottom 30% Marketbottom 21% Techbottom 15% Growth: Revenue +6% YoY · App-install growth +111% YoY Customers: Play-Store rating 4.04★ across 44,777 ratings (2 apps) · Review volume +3% in 6 mo rank vs industry peers · Fliar Intelligence Index 21/100 | $12K FY2025 | $10K | 2 mo ago | +6% | — | BootstrapApache HTTP ServerGoogle Font API+4 | — | — |
| 32 | Oneiric Mobile game developer focusing on casual games 24Talent top 38%Growth top 39%Innovation top 43%Product top 45% All 11 signals ▾Talenttop 38% Growthtop 39% Innovationtop 43% Producttop 45% Fin. healthbottom 46% Moatbottom 38% Fundingbottom 33% Globalbottom 30% Customersbottom 29% Techbottom 22% Marketbottom 19% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Growth: App-install growth +13% YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 24/100 | $8K FY2024 | $1M | 22 mo ago | — | — | — | — | — |
| 33 | Spill Games Developer and publisher of games 32Growth top 11%Customers top 25%Talent top 28%Funding top 45% All 10 signals ▾Growthtop 11% Customerstop 25% Talenttop 28% Fundingtop 45% Producttop 49% Globalbottom 32% Techbottom 30% Moatbottom 27% Marketbottom 18% Fin. healthbottom 11% Growth: App-install growth +500% YoY · Fresh capital in last 24 mo Customers: Play-Store rating 4.92★ across 13,177 ratings (7 apps) rank vs industry peers · Fliar Intelligence Index 32/100 | $7K FY2025 | $4M | 1 mo ago | — | — | VarnishBootstrapGitHub Pages+10 | — | — |
| 34 | Xsquads Developer of mobile games 24Growth top 32%Innovation top 47%Talent bottom 49%Funding bottom 46% All 10 signals ▾Growthtop 32% Innovationtop 47% Talentbottom 49% Fundingbottom 46% Productbottom 41% Techbottom 35% Moatbottom 34% Fin. healthbottom 32% Globalbottom 30% Marketbottom 18% Growth: Revenue +43% YoY · Fresh capital in last 24 mo Innovation: 1 product line rank vs industry peers · Fliar Intelligence Index 24/100 | $4K FY2025 | $2M | 10 mo ago | +43% | — | WordPressMySQLPHP+18 | — | 1 launch |
| 35 | HitWicket Online platform offering mobile-based cricket strategy game and simulation experience 37Customers top 24%Tech top 33%Funding top 41%Growth top 47% All 11 signals ▾Customerstop 24% Techtop 33% Fundingtop 41% Growthtop 47% Talentbottom 49% Productbottom 40% Newsbottom 39% Globalbottom 39% Fin. healthbottom 38% Moatbottom 34% Marketbottom 28% Customers: Play-Store rating 4.38★ across 270,595 ratings (1 apps) · Review volume +17% in 6 mo Tech: 28 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 37/100 | $983 FY2025 | $4M | 1 mo ago | +4% | 68 | Node.jsThree.jsGoogle Sign-in+12 | — | 1 partnership |
| 36 | sprect Communication platform for connecting with professionals 42Growth top 16%News top 26%Tech top 34%Talent top 38% All 9 signals ▾Growthtop 16% Newstop 26% Techtop 34% Talenttop 38% Fundingtop 49% Moatbottom 41% Fin. healthbottom 35% Globalbottom 32% Marketbottom 19% Growth: Revenue +4579% YoY · Fresh capital in last 24 mo News: 5 BI events in 12 mo (of 8 tracked, 2 types) · 4 high-value events (IPO/M&A/funding/contracts) in 12 mo rank vs industry peers · Fliar Intelligence Index 42/100 | $753 FY2025 | $60K | 1 mo ago | +4579% | — | TurbopackNode.jsReact+23 | 5 signals Funding · Capital raise | — |
| 37 | Matiks Online platform offering competitive math games and puzzles for individuals to improve their mental… 72Growth top 17%Customers top 17%Talent top 28%Funding top 44% All 7 signals ▾Growthtop 17% Customerstop 17% Talenttop 28% Fundingtop 44% Globalbottom 45% Productbottom 40% Techbottom 38% Growth: Web rank 10,000,000 → 5,000,000 YoY · App-install growth +500% YoY Customers: Play-Store rating 4.70★ across 22,783 ratings (1 apps) rank vs industry peers · Fliar Intelligence Index 72/100 | — | $3M | 9 mo ago | — | — | SentryKaTeXGoogle Sign-in+7 | — | — |
| 38 | Ginger Games Developer and publisher of games 32Talent top 38%Global bottom 45%Funding bottom 43%Product bottom 36% All 4 signals ▾Talenttop 38% Globalbottom 45% Fundingbottom 43% Productbottom 36% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Global: Investors from 1 country beyond India rank vs industry peers · Fliar Intelligence Index 32/100 | — | $150K | 13 mo ago | — | — | — | — | 1 partnership |
| 39 | InMobi 🦄 Provider of advertising solutions and platforms for brand building and growth 89Moat top 15%Talent top 16%Funding top 18%Market top 19% All 12 signals ▾Moattop 15% Talenttop 16% Fundingtop 18% Markettop 19% Techtop 21% Partnerstop 24% Globaltop 29% Customerstop 34% Newstop 37% Producttop 37% Growthtop 47% Innovationbottom 42% Moat: Editorial + unicorn rating 9/10 · Unicorn Talent: 7 named leaders on record · 10 leadership moves in 12 mo rank vs industry peers · Fliar Intelligence Index 89/100 | — | $266M | 6 mo ago | — | 501 | Apple iCloud MailMicrosoft 365Node.js+29 | 18 signals ▲20% Leadership · Buyback · IPO | 2 partnerships · 3 awards |
| 40 | Airoclip Developer of casual games 16Talent top 38%AI top 45%Funding top 50%Global bottom 45% All 9 signals ▾Talenttop 38% AItop 45% Fundingtop 50% Globalbottom 45% Moatbottom 42% Productbottom 40% Techbottom 35% Marketbottom 25% Fin. healthbottom 17% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated AI: Product described with: artificial intelligence rank vs industry peers · Fliar Intelligence Index 16/100 | — | $3M | 8 mo ago | — | — | VarnishReactGitHub Pages+4 | — | — |
| 41 | Celewish Online platform for individuals to book personalized video messages from renowned celebrities 42Growth top 45%Talent top 45%Funding bottom 45%Tech bottom 39% All 5 signals ▾Growthtop 45% Talenttop 45% Fundingbottom 45% Techbottom 39% Globalbottom 25% Growth: Web rank 1,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo Talent: 2 named leaders on record rank vs industry peers · Fliar Intelligence Index 42/100 | — | $750K | 7 mo ago | — | — | Facebook LoginYouTubeMicrosoft ASP.NET+14 | — | — |
| 42 | Mayhem Studios Developer of AAA battle royale games 40Moat top 15%Growth top 40%Funding top 41%Market top 47% All 9 signals ▾Moattop 15% Growthtop 40% Fundingtop 41% Markettop 47% Talentbottom 49% Globalbottom 45% Fin. healthbottom 36% Techbottom 32% Newsbottom 18% Moat: Top 6% by revenue among 206 tracked Mobile Gaming companies · Editorial + unicorn rating 7/10 Growth: Headcount 84 → 96 (+14%) across vintages · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 40/100 | — | $20M | 22 mo ago | — | 96 | BootstrapGoogle CloudCloudflare+9 | — | — |
| 43 | Shortgun Games Developer of video games focused on action and adventure experiences 37Growth top 35%Tech top 37%Talent top 38%Funding bottom 46% All 7 signals ▾Growthtop 35% Techtop 37% Talenttop 38% Fundingbottom 46% Productbottom 40% Globalbottom 30% Marketbottom 25% Growth: Fresh capital in last 24 mo Tech: 24 technologies across 5/8 capability areas · Cloud: Google Cloud, Google Cloud Cdn rank vs industry peers · Fliar Intelligence Index 37/100 | — | $1M | 10 mo ago | — | — | Wix eCommerceWixSentry+13 | — | — |
| 44 | Qila Games Developer of hypercasual games 5Talent top 38%Tech bottom 45%Funding bottom 37%Global bottom 37% All 7 signals ▾Talenttop 38% Techbottom 45% Fundingbottom 37% Globalbottom 37% Moatbottom 17% Fin. healthbottom 7% Marketbottom 6% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Tech: 11 technologies across 4/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 5/100 | — | $1M | 17 mo ago | — | — | GoDaddy Website BuilderReactRequireJS+8 | — | — |
| 45 | Rudrac Developer of puzzle adventure video games for interactive experiences 21Talent top 38%Funding bottom 40%Global bottom 25% All 3 signals ▾Talenttop 38% Fundingbottom 40% Globalbottom 25% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Funding: Raised $10.0k across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 21/100 | — | $10K | 2 mo ago | — | — | — | — | — |
| 46 | Bowled Provider of play-to-earn social gaming platform 16Talent top 28%Global bottom 43%Funding bottom 41%Market bottom 32% All 5 signals ▾Talenttop 28% Globalbottom 43% Fundingbottom 41% Marketbottom 32% Techbottom 21% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Global: Legal entities in 2 countries: India, Singapore · Investors from 2 countries beyond India rank vs industry peers · Fliar Intelligence Index 16/100 | — | $3M | 26 mo ago | — | 25 | — | — | — |
| 47 | R Games Provider of block-chain based virtual racing game 11Talent top 45%Tech bottom 43%Funding bottom 41%Global bottom 25% All 5 signals ▾Talenttop 45% Techbottom 43% Fundingbottom 41% Globalbottom 25% Marketbottom 16% Talent: 2 named leaders on record Tech: 17 technologies across 3/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 11/100 | — | $3M | 26 mo ago | — | — | WebflowPleskChart.js+14 | — | — |
| 48 | Troak In game advertising platform 32Talent top 45%Funding bottom 41%Global bottom 29% All 3 signals ▾Talenttop 45% Fundingbottom 41% Globalbottom 29% Talent: 2 named leaders on record Funding: Raised $144k across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 32/100 | — | $144K | 16 mo ago | — | — | — | — | — |
| 49 | Prime Trace Developer of applications focused on community, tarot, camera, status, and dating 72Market top 29%Talent top 33%Fin. health top 34%Funding top 41% All 7 signals ▾Markettop 29% Talenttop 33% Fin. healthtop 34% Fundingtop 41% AItop 45% Globalbottom 48% Techbottom 30% Market: Revenue ~$16.3M · ~12% of tracked Mobile App Studios revenue (29 cos, FY2025) Talent: 3 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 72/100 | — | $29M | 59 mo ago | — | — | Google MapsBootstrapcore-js+10 | — | 2 job openings |
| 50 | Circle of Games Developer of blockchain-based casual mobile games offering crypto rewards 19Talent top 28%Customers top 30%Moat top 48%Funding bottom 40% All 9 signals ▾Talenttop 28% Customerstop 30% Moattop 48% Fundingbottom 40% Productbottom 40% Techbottom 35% Globalbottom 32% Marketbottom 21% Newsbottom 18% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Customers: Play-Store rating 4.60★ across 809 ratings (1 apps) · Review volume +66% in 6 mo rank vs industry peers · Fliar Intelligence Index 19/100 | — | $2M | 26 mo ago | — | 9 | Framer SitesReactPriority Hints+6 | — | — |
Top 12 Mobile companies in India
#1
InMobi 🦄Series D · Bengaluru, Karnataka · founded 2007 · 501 employees$265.6Mraised▾
InMobi 🦄
Series D · Bengaluru, Karnataka · founded 2007 · 501 employees
Provider of advertising solutions and platforms for brand building and growth. The company offers tools and expertise to inspire connections that grow brands on mobile. It provides solutions for media buyers and owners. The company also focuses on acquiring and growing high-value users for mobile applications. It helps to unlock more value from advertising inventory.
Fliar Intelligence Index™ 89how this company ranks against its industry peers
Moat
top 15%Talent
top 16%Funding
top 18%Market
top 19%Tech
top 21%Partners
top 24%Moat: Editorial + unicorn rating 9/10 · Unicorn
Talent: 7 named leaders on record · 10 leadership moves in 12 mo
Funding: Raised $266M across 9 rounds · 9 rounds over 19 yrs (0.5/yr) · Last round Conventional Debt (Dec 2025)
Audience (LinkedIn): 20k LinkedIn followers
Activity (LinkedIn): 2 partnerships · 3 awards (incl. Moveen Mobility (a Lenovo Company)) announced in 12 mo
Funding rounds
- Dec 2025Conventional Debt$350M
- Sep 2024Conventional Debt$100M
- Sep 2019Series D$45M
- Jan 2019Series C—
Founders & team
Investors
Mithril, Tennenbaum Capital Partners, Sherpalo Ventures, Kleiner Perkins, SoftBank Vision Fund, Mumbai Angels
Tech stack
6SenseAdrollAdroll Cmp SystemAmazon CloudfrontAmazon S3Amazon Web Services
#2
MPL 🦄Series E · Bengaluru, Karnataka · founded 2018 · 392 employees$395.8Mraised▾
MPL 🦄
Series E · Bengaluru, Karnataka · founded 2018 · 392 employees
Operator of an online platform providing real money skill-based gaming. The platform offers various card, puzzle, sports, and casual games. Users can participate in contests and tournaments. Winnings are credited to user accounts and can be withdrawn.
Fliar Intelligence Index™ 83how this company ranks against its industry peers
Moat
top 17%Funding
top 20%Market
top 23%Tech
top 25%Fin. health
top 30%Talent
top 38%Moat: Top 1% by revenue among 51 tracked eSports companies · Editorial + unicorn rating 9/10 · Unicorn
Funding: Raised $396M across 11 rounds · 11 rounds over 8 yrs (1.4/yr) · Last round Series E (Feb 2025)
Market: 392 employees (top 19% of Mobile) · Revenue ~$167M · ~40% of tracked eSports revenue (51 cos, FY2025)
Audience (LinkedIn): 123k LinkedIn followers — 7.7% of this cohort's audience
Funding rounds
- Feb 2025Series E$5.4M
- Aug 2023Series E$2.6M
- May 2022Series E$5.9M
- Sep 2021Series E$156.6M
Founders & team
Investors
Base Partners, Pegasus Tech Ventures, MDI Ventures, RTP Global, GoVenture, Beenext
Tech stack
AhrefsCloudflareCloudflare Browser InsightsCore-JsEnvoyExpress
#3
Glance 🦄Series D · Bengaluru, Karnataka · founded 2019 · 738 employees$390Mraised▾
Glance 🦄
Series D · Bengaluru, Karnataka · founded 2019 · 738 employees
Developer of an AI-powered shopping agent providing personalized style inspiration. The agent uses intuitive intelligence to curate a shopping feed. It collaborates to provide a shopping experience tailored to the user. The company also provides resources and a help center.
Fliar Intelligence Index™ 96how this company ranks against its industry peers
Tech
top 10%Market
top 16%Talent
top 23%Product
top 24%Funding
top 25%Moat
top 26%Tech: 72 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Envoy, Varnish
Market: 738 employees (top 6% of Fashion Tech) · Revenue ~$73.1M · Top-50,000 web property
Talent: 5 named leaders on record · 4 C-suite/founder profiles curated
Audience (LinkedIn): 123k LinkedIn followers — 7.7% of this cohort's audience
Funding rounds
- Mar 2025Venture Debt$23M
- Feb 2022Series D$200M
- Dec 2020Series B$145M
- Sep 2019Series A$45M
Founders & team
Investors
Google, Mithril, Jio, Stride Ventures, Polymath Digital, O(1) Holdings
Tech stack
33AcrossAdobe Audience ManagerAmazon AdvertisingAmazon CloudfrontAmazon S3Amazon Web Services
#4
Seed · Hyderabad, Telangana · founded 2012 · 68 employees$3.9Mraised▾
Seed · Hyderabad, Telangana · founded 2012 · 68 employees
Online platform offering mobile-based cricket strategy game and simulation experience. It is a mobile gaming company that offers a cricket strategy game where users can play as the owner, coach, and captain of their own cricket team.
Fliar Intelligence Index™ 37how this company ranks against its industry peers
Customers
top 24%Tech
top 33%Funding
top 41%Growth
top 47%Talent
bottom 49%Product
bottom 40%Customers: Play-Store rating 4.38★ across 270,595 ratings (1 apps) · Review volume +17% in 6 mo
Tech: 28 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Devops: Envoy, Nginx
Funding: Raised $3.9M across 9 rounds · 9 rounds over 11 yrs (0.8/yr) · Last round Conventional Debt (Apr 2026)
Audience (LinkedIn): 12k LinkedIn followers · 69 engagements/post (2.9× cohort median)
Activity (LinkedIn): 1 partnerships (incl. Google Play business community) announced in 12 mo
Funding rounds
- Apr 2026Conventional Debt$20M
- Apr 2024Angel—
- Nov 2022Seed$3M
- Mar 2022Seed$181K
Founders & team
Investors
AvA GROUP, TCA, Mecheri, Shead Investment Holdings, AVA, TicketGoose
Tech stack
AdjustAmazon S3Amazon Web ServicesAnimate.CssCdnjsCloudflare
#5
Series C · Gurugram, Haryana · founded 2012 · 88 employees$19.9Mraised▾
Series C · Gurugram, Haryana · founded 2012 · 88 employees
AI powered video advertising platform. It offers data driven targeting solutions that connects advertisers with target audience in real time. It offers omnichannel advertising technologies to display ads on multiple platforms. It offers video level targeting with in video context detection solution that helps users to identify celebrity, brand, objects, and more for targeting.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
Funding
top 28%Tech
top 34%Growth
top 37%Moat
top 39%AI
top 45%Fin. health
top 48%Funding: Raised $19.9M across 7 rounds · 7 rounds over 14 yrs (0.5/yr) · Last round Series C (Oct 2025)
Tech: 40 technologies across 5/8 capability areas · Cloud: Amazon Web Services, Cloudflare · Devops: Nginx
Growth: Headcount 73 → 88 (+21%) across vintages · Revenue +12% YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 46k LinkedIn followers — 2.9% of this cohort's audience
Activity (LinkedIn): 1 partnerships · 1 awards (incl. Tiger Beer) announced in 12 mo
Funding rounds
- Oct 2025Series C$2.8M
- Sep 2022Series C$12M
- Feb 2019Series B$5M
- Sep 2015Seed$1.2M
Founders & team
Investors
GrowthStory, Unilazer Ventures, Palaash Ventures, TA Ventures, 500 Global, GSF
Tech stack
Amazon Web ServicesAnimate.CssApple Icloud MailBootstrapCdnjsCloudflare
#6
Seed · Bengaluru, Karnataka · founded 2024$3.9Mraised▾
Seed · Bengaluru, Karnataka · founded 2024
Developer and publisher of games. It develops free to play games for Android and iOS devices. It has developed games such as Fruit Merge and Shikaku Master. The games are made available on playstore.
Fliar Intelligence Index™ 32how this company ranks against its industry peers
Growth
top 11%Customers
top 25%Talent
top 28%Funding
top 45%Product
top 49%Global
bottom 32%Growth: App-install growth +500% YoY · Fresh capital in last 24 mo
Customers: Play-Store rating 4.92★ across 13,177 ratings (7 apps)
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding rounds
- Apr 2026Seed$3.1M
- Nov 2024Seed$750K
Founders & team
Investors
All In Capital, Mleague, QED Innovation Labs, PeerCapital, Centre Court Capital.
Tech stack
AosBootstrapCloudflareFastlyGithub PagesGoogle Font Api
#7
Seed · Bengaluru, Karnataka · founded 2024$8.5Mraised▾
Seed · Bengaluru, Karnataka · founded 2024
Platform for developing and publishing immersive AAA games for audiences. It builds AAA titles with an initial focus on mobile games and later expands to other platforms, including consoles. It is developing E-Cricket, a next-generation sports simulation game that reimagines cricket for the digital era. Featured titles include E-Cricket, a hyper-realistic esports cricket game with multiplayer modes, AI-driven gameplay, and support for various devices.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Growth
top 20%Moat
top 27%Talent
top 28%Funding
top 38%Tech
top 42%News
top 44%Growth: Revenue +157% YoY · Fresh capital in last 24 mo
Moat: Top 12% by revenue among 48 tracked PC & Console Gaming companies · Editorial + unicorn rating 7/10 · 10 curated direct competitors tracked
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Audience (LinkedIn): 17k LinkedIn followers
Funding rounds
- Jan 2026Seed$11M
- Apr 2024Seed$8.5M
Founders & team
Investors
Blume Venture, Gemba Capital, C² Ventures, MIXI Global Investments, Dis Ventures, Novifour
Tech stack
Apple Icloud MailGoogle AnalyticsGoogle Tag ManagerHstsNext.JsNext.Js App Router
#8
Series B · Pune, Maharashtra · founded 2010 · 181 employees$84.7Mraised▾
Series B · Pune, Maharashtra · founded 2010 · 181 employees
Provider of digital entertainment experiences across gaming, esports, music, and sports. The business delivers content and engagement opportunities for young audiences. It operates interconnected ecosystems focused on gaming, esports, entertainment, and sports. The business model includes digital platforms, products, and services.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Moat
top 25%Funding
top 27%Product
top 29%Customers
top 29%Tech
top 32%Market
top 36%Moat: Top 2% by revenue among 206 tracked Mobile Gaming companies · Editorial + unicorn rating 8/10 · IP moat: 4 patents
Funding: Raised $84.7M across 11 rounds · 11 rounds over 14 yrs (0.8/yr) · Last round Series B (Mar 2025)
Product: 12 distinct product lines · 6 published apps (15.0M installs) · Company stage: Series B
Audience (LinkedIn): 57k LinkedIn followers — 3.6% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Mar 2025Series B$1.9M
- Mar 2024Series B$3M
- May 2023Series B$3M
- Aug 2022Series B$11.3M
Founders & team
Investors
Rising Sun Holdings, Cyza Agro And Stud Farms, Pratithi Investments, Serum Institute of India, N+1 Capital, Helitrope
Tech stack
Adobe FlashAmazon CloudfrontAmazon SesAmazon Web ServicesApache Http ServerAws Certificate Manager
#9
Public · Mumbai, Maharashtra · founded 1999 · 74 employees$127.9Mraised▾
Public · Mumbai, Maharashtra · founded 1999 · 74 employees
Provider of diversified gaming and sports media platform. It develops learning apps for preschoolers, online playgrounds for kids, and mobile sports games. It operates a sports news website and an esports company that organizes tournaments. It also runs a games marketing agency connecting brands and publishers with gamers.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Funding
top 22%Moat
top 22%Global
top 25%Fin. health
top 33%Market
top 34%Customers
top 37%Funding: Raised $128M across 14 rounds · 14 rounds over 21 yrs (0.7/yr) · Last round Post IPO (Jan 2025)
Moat: Top 1% by revenue among 206 tracked Mobile Gaming companies · Editorial + unicorn rating 6/10 · 9 curated direct competitors tracked
Global: Serving 60+ countries worldwide · Legal entities in 3 countries: India, Singapore, United Arab Emirates · Investors from 6 countries beyond India
Funding rounds
- Jan 2025Post IPO$60M
- Nov 2024Post IPO$100M
- Sep 2023Post IPO$12.1M
- Jul 2023Post IPO$90.7M
Founders & team
Investors
Seedfund, Azimuth Investments, Kae Capital, Mentor Capital Management, Kalysta Capital, Kamath Associates
Tech stack
A3 Lazy LoadAmazon CloudfrontAmazon S3Amazon Web ServicesAnimate.CssApache Http Server
#10
Series B · Bengaluru, Karnataka · founded 2020 · 148 employees$38Mraised▾
Series B · Bengaluru, Karnataka · founded 2020 · 148 employees
Provider of live social entertainment platform. It enables creators to host interactive video and audio livestreams, connecting with viewers and fans through livestreams in multiple Indian languages. The platform offers features like social live streams, multiplayer games, chats, and audio calls in seven languages.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Moat
top 23%Customers
top 26%Growth
top 31%Funding
top 32%Market
top 40%Fin. health
top 44%Moat: Top 3% by revenue among 226 tracked Social Platforms companies · Editorial + unicorn rating 7/10 · Soonicorn
Customers: Play-Store rating 4.06★ across 357,986 ratings (1 apps) · Review volume +46% in 6 mo
Growth: Headcount 114 → 148 (+30%) across vintages · Revenue +1481% YoY · Web rank 1,000,000 → 5,000,000 YoY
Funding rounds
- Apr 2025Series B$13.5M
- Sep 2023Series A$22M
- May 2022Series A$13M
- Jul 2021Seed$2.1M
Founders & team
Investors
WaterBridge, Logx Venture Partners, Sequoia Capital, Appyhigh, KB Investment, Kalaari Capital
Tech stack
ExpressGodaddyGoogle Font ApiGoogle WorkspaceJqueryNode.Js
#11
Series B · Gurugram, Haryana · founded 2012 · 92 employees$26.7Mraised▾
Series B · Gurugram, Haryana · founded 2012 · 92 employees
Developer of keyboard-as-a-platform offering branding, marketing, and data solutions. It provides advertisement and marketing solutions to make brands visible. The company offers data-as-a-service with consumer intelligence on smartphones. It also provides subscription services and merchandise.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Talent
top 22%Moat
top 23%Innovation
top 28%Customers
top 32%Tech
top 37%Funding
top 38%Talent: Analyst team rating 5/5 · 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Top 5% by revenue among 22 tracked Mobile Utility Tools companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Innovation: 6 new-product events in 24 mo
Audience (LinkedIn): 22k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Jan 2025Series B$92.6K
- 2023Venture Debt—
- Apr 2023Series B$11.7M
- Sep 2022Series B—
Founders & team
Investors
Krafton, Elevation Capital, Bluecap Mobile, Xiaomi, Affle, Trifecta Capital
Tech stack
BootstrapCivicthemeCloudflareFacebook PixelGoogle AnalyticsGoogle Cloud
#12
Series A · Bengaluru, Karnataka · founded 2023$700Kraised▾
Series A · Bengaluru, Karnataka · founded 2023
Developer and publisher of casual mobile games utilizing AI technology for creative speed and scalable content generation. It is a casual game developer and publisher leveraging AI technology to create engaging mobile games for a global audience. The company has a proprietary stack that enables creative speed and scalable game development, with a focus on partnerships between studios and brands.
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Customers
top 18%Growth
top 28%Moat
top 36%Product
top 41%Funding
top 43%Talent
bottom 49%Customers: Play-Store rating 4.81★ across 52,333 ratings (15 apps) · Review volume +52% in 6 mo
Growth: Revenue +1802% YoY · Web rank 5,000,000 → 10,000,000 YoY · App-install growth +500% YoY
Moat: Top 23% by revenue among 206 tracked Mobile Gaming companies · Editorial + unicorn rating 5/10 · 10 curated direct competitors tracked
Audience (LinkedIn): 8k LinkedIn followers · 51 engagements/post (2.1× cohort median)
Activity (LinkedIn): 1 partnerships (incl. Gamegeek Accelerator 2026) announced in 12 mo
Funding rounds
- Mar 2026Series A$8.1M
- Feb 2025Seed$3M
- Dec 2023Seed$700K
Founders & team
Investors
Visceral Capital, DeVC, LetsVenture, QED Innovation Labs, Skatrs Management Advisory, Serve and Volley Investment
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesCore-JsFacebook PixelGoogle Analytics
Funding & investor landscape
$4.1Btotal disclosed funding
170companies funded
402disclosed rounds
7rounds last 90 days
Most active investors
Sequoia Capital10 rounds
Notable founders
Mangala Dilip
Founder Communications · InMobi
Piyush Shah
Co-Founder · InMobi
Sai Garimella
Co-Founder & CEO · MPL
Shubham Malhotra
Co-Founder · MPL
Mohit Kumar
Co-Founder & CTO · Glance
Keerti Singh
Co-founder and VP-Growth · HitWicket
Hitesh Chawla
Co-Founder & CEO · Silver Push
Harsh Garg
Co-Founder & CTO · Spill Games
Om Misra
Co-Founder & CEO · Spill Games
Karan Shroff
Co-Founder & CEO · LightFury Games
Tina Balachandran
Co-Founder & CPO · LightFury Games
Rajan Navani
Co-Founder & CEO · JetSynthesys
Prism market signals · India · country-scoped Prism corpus, 245,944 docs
Market landscape — 10 sub-themes by coverage
Share of Mobile coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding flat · growth rising
RESEARCH SIGNALS · India
How research on 5G / 6G Networks is moving in India
A read on the academic research around 5G / 6G Networks — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 2,678 India-affiliated papers.
research sentiment over time
201320202026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 37% → 55% across 2013–2026.
top research entities
- Indian Institute of Technology Kanpur149
- Indian Institute of Technology Delhi113
- Vellore Institute of Technology University89
- Indian Institute of Science Bangalore73
- Indian Institute of Technology Roorkee69
leading researchers
Aditya K. Jagannatham · Keshav Singh · Sachin Kumar · Suraj Srivastava · Rohit Budhiraja · Lajos Hanzo · Ravi Kumar Gangwar · Ekant Sharma
▲
Breakthroughs870 · 32%
▲ 26%→35% share
▲1.3× share momentum2 median citations70% since 2021mostly methods-led
MIMO breakthrough research is surging — Indian institution papers rose from 53 to 323, with beamforming close behind at 54 to 288.
rising sub-themes (early→recent)
- MIMO53→323
- Beamforming54→288
- Electronic engineering23→168
- Antenna (radio)19→153
- Telecommunications5→94
Newly emergingOptics 0→22 · Port (circuit theory) 0→18 · Artificial neural network 0→16
Landmark JMB · 214 cites
◆
Advancements1,645 · 61%
▼ 65%→59% share
▼0.9× share momentum2 median citations62% since 2021mostly methods-led
NOMA and terahertz radiation newly emerged in advancements as MIMO advancement papers scaled from 123 to 551.
rising sub-themes (early→recent)
- MIMO123→551
- Beamforming127→437
- Electronic engineering73→337
- Antenna (radio)60→260
- Telecommunications16→116
Newly emergingNoma 0→33 · Terahertz radiation 0→25 · Reinforcement learning 0→17
Landmark Beamforming for Millimeter Wave Communications: An Inclusive Survey · 685 cites
▼
Concerns76 · 3%
3%→3% share
▲1.0× share momentum2 median citations61% since 2021mostly empirical
Concern-flagged beamforming and MIMO papers doubled, while antenna and computer networks newly entered the concerns segment.
rising sub-themes (early→recent)
- MIMO8→21
- Beamforming10→21
- Telecommunications3→11
- Electronic engineering4→9
- Wireless2→7
Newly emergingAntenna (radio) 0→8 · Computer network 0→5
Landmark Mutual Coupling in Phased Arrays: A Review · 154 cites
RESEARCH HOTSPOTS · India
Where 5g 6g is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Delhi-NCR244 · +0.63
Chennai176 · +0.63
Kanpur149 · +0.72
Bengaluru95 · +0.60
Roorkee69 · +0.62
Hyderabad65 · +0.65
Guwahati60 · +0.62
Kharagpur46 · +0.72
Mumbai33 · +0.60
Pune30 · +0.67
PATENT SIGNAL · India
Who's filing 5g 6g patents in India
India 5g 6g patent filing is accelerating — 4,976 filings from 7,592 assignees (2016–2025), led by JIO Platforms, Tata Consultancy Services, Samsung; annual filings 390→1037.
4,976 filings7,592 assigneespeak 1037/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- JIO Platforms1224
- Tata Consultancy Services553
- Samsung407
- Qualcomm401
- Wipro364
- Reliance JIO Infocomm210
- Centre Of Excellence IN Wireless133
- Ericsson Telefon AB L M124
Common questions
How many Mobile companies are there in India?
Radar tracks 1267 indexable Mobile companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Mobile companies in India?
The Mobile companies in India on this list have raised a combined $4.1B in disclosed equity funding across 170 funded companies.
Which is the highest-funded Mobile company in India?
Dream Sports is the highest-funded Mobile company in India, with $1.5B in disclosed equity funding.
How many Mobile companies in India are funded?
170 of the 1267 Mobile companies in India on this list have disclosed at least one equity funding round.
How many Mobile unicorns are there in India?
6 Mobile companies in India on this list are valued at $1B or more.
Who are the top investors in India Mobile companies?
The most active investors in India Mobile companies on this list include Kalaari Capital, Angel List, LetsVenture, Blume Venture, Sequoia Capital.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.