Company lists
The Delhi edition · 2026

Mobile gamingcompanies in Delhi

Game developers, casual games, real money gaming, esports, NFT & metaverse games and more: the companies building mobile gaming in Delhi, with their founders, funding, team size and business models.

84 company profiles14 with reported revenue10 with recorded fundingOctober 2026 edition
Delhi · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent mobile gaming business events in India

Funding, M&A, contract wins and launches involving 1,290 mobile gaming companies in India, last 24 months: 62 M&A deals · 19 funding rounds · 5 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Nazara technologies acquires Rusk media

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

Media and Entertainment
LaunchDreamStreet

Dream sports

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

Stock broking platform
FundingUser acquisition (UA) funding

Hitwicket

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

Investors Metica
Gaming
M&AAcquisition · Announced

Rush acquires Cucumber

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

Digital Services
FundingPre-Series A

Lightfury games

LightFury Games (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 · 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
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
Funding

Xigma Games

In November 2023, gaming major Nazara Technologies and Zerodha co-founder Nikhil Kamath’s WTFund jointly invested ₹2 Cr in two gaming startups—Norian Games and Xigma Games.

Investors Nazara technologies, WTFund

Mobile gaming companies in Delhi, by funding and team

Few mobile gaming companies in Delhi publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 50 companies below lead on recorded funding and team size among 84 active companies.

Showing 25 of 50

Provider of blockchain based mobile gaming platform

Mobile gaming
US$261.00mSeries D · May 2022
387LinkedIn · Oct 2026
Commission on transaction / Subscription
14 yr2012
0none in 3 months · last posted Jul 2026

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

Esports
US$92.06mSeries C · Apr 2021
419-83% vs previous recordLinkedIn · Oct 2026
Subscription
8 yr2018
0none in 3 months · last posted Nov 2025

Developer of multiplayer online games across various platforms and devices

Mobile gaming
US$15.00mSeries A · Jun 2014
218+0% 12 mo to Aug 2023LinkedIn · Oct 2026
Subscription
20 yr2006
2postings · last posted Sep 2026

Operator of online poker and sports prediction gaming solutions

Gambling tech
US$11.26mSeries B · Jul 2025
407+31% 12 mo to Aug 2024LinkedIn · Oct 2026
Commission on transaction / Subscription
12 yr2014
0none in 3 months

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

Mobile gaming
US$1.56mSeed · Sep 2024
61LinkedIn · Jul 2026
Commission on transaction / E-commerce - service
3 yr2023
0none in 3 months · last posted Apr 2026

App based quiz platform

Mobile gaming
US$1.11mSeed · May 2019
22-8% 12 mo to Jun 2024recorded Jun 2024
Subscription
8 yr2018
0none in 3 months

Developer of puzzle games

Mobile gaming
US$476kSeed · May 2018
—Not available
Advertising / Commission on transaction
10 yr2016
0none in 3 months

Developer of mobile-based casual games

Mobile gaming
US$151kSeed · Apr 2019
20+200% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
13 yr2013
0none in 3 months · last posted Oct 2025

Metaverse-based social networking platform

Pc & console gaming
US$84kAngel · Jan 2025
2recorded
Fee-for-service
5 yr2021
0none in 3 months

Independent blockchain game development studio

Mobile gaming
US$64kSeed · Dec 2018
—Not available
Subscription
8 yr2018
0none in 3 months

Reward-based online gaming platform for various games

Mobile gaming
—None recorded
159-13% 12 mo to Sep 2024recorded Sep 2024
Advertising / Commission on transaction
10 yr2016
0none in 3 months

Provider of an e-sports tournament and gaming platform

Sports tech
—None recorded
123+11% 12 mo to Oct 2023LinkedIn · Jul 2026
Subscription
7 yr2019
0none in 3 months

Game art, animation content & developer company

Mobile gaming
—None recorded
34+2% vs previous recordLinkedIn · Jul 2026
Fee-for-service
13 yr2013
0none in 3 months · last posted May 2026

Game development studio

Mobile gaming
—None recorded
44-3% 12 mo to Sep 2024LinkedIn · Jul 2026
Fee-for-service
14 yr2012
0none in 3 months · last posted Jun 2026

Mobile Game Studio for Puzzle Games

Mobile gaming
—None recorded
8LinkedIn · Jul 2026
Advertising / Commission on transaction
12 yr2014
0none in 3 months

Developer of mobile-based casual video games

Mobile gaming
—None recorded
—Not available
Advertising / Commission on transaction
3 yr2023
0none in 3 months

Online skill-based gaming platform

Mobile gaming
—None recorded
1LinkedIn · Jul 2026
Advertising / Commission on transaction
6 yr2020
0none in 3 months

Mobile gaming studio

Mobile gaming
—None recorded
2LinkedIn · Oct 2026
Advertising / E-commerce - product
14 yr2012
0none in 3 months

Developer of online poker platforms, prediction markets, and casino hardware

Gambling tech
—None recorded
—Not available
E-commerce - product / Physical commerce
9 yr2017
0none in 3 months · last posted Jun 2026

Mobile game apps development studio

Mobile gaming
—None recorded
—Not available
Advertising / E-commerce - service
15 yr2011
0none in 3 months

Game development company

Mobile gaming
—None recorded
4LinkedIn · Jul 2026
E-commerce - product / Subscription
14 yr2012
0none in 3 months

Casual mobile games developer

Mobile gaming
—None recorded
—Not available
Subscription
12 yr2014
0none in 3 months

Mobile app gaming studio

Mobile gaming
—None recorded
3LinkedIn · Jul 2026
Advertising / E-commerce - product
12 yr2014
0none in 3 months

Game development studio

Mobile gaming
—None recorded
11LinkedIn · Jul 2026
Advertising / Commission on transaction
4 yr2022
0none in 3 months

Developer of mobile based multiplayer games

Mobile gaming
—None recorded
8LinkedIn · Jul 2026
Subscription
2 yr2024
—No postings tracked
50 of 84 companies shown here · the full list is on Radar
Fliar Radar

Explore all 84 mobile gaming companies in Delhi on Radar

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

Open mobile gaming in Delhi on Radar
  • Every company, not just 50All 84 mobile gaming 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 gaming companies in Delhi by what you are looking for

Discover top mobile gaming companies in Delhi, from real money gaming platforms to casual game developers. Browse mobile game development companies and gaming startups in Delhi by game type.

8 ways to explore mobile gaming in Delhi

Mobile game development companies & studiosCasual, puzzle & board game companiesReal money, poker & online gaming platformsEsports & competitive gaming companiesBlockchain, NFT & metaverse gaming companiesPC, console & multi-platform game studios

Mobile game development companies & studios

Studios that design and build mobile games and gaming apps.

  1. Pencillati

    Game art, animation content & developer company

    Mobile gaming
    See in list
  2. Moong Labs

    Developer of mobile-based casual games

    Mobile gaming
    See in list
  3. ThreyeInc

    Game development studio

    Mobile gaming
    See in list
  4. LucidLabs

    Mobile Game Studio for Puzzle Games

    Mobile gaming
    See in list
  5. Codegenix Technologies

    Game development company

    Mobile gaming
    See in list
34 companies in Delhi

Casual, puzzle & board game companies

Companies making casual, card, board and puzzle games for mobile players.

  1. AapLabs

    Mobile gaming studio

    Mobile gaming
    See in list
  2. Thats Indian

    Provider of downloadable application software for a card game's older versions

    Mobile gaming
    See in list
  3. HesoyamGames

    Game development studio

    Pc & console gaming
    See in list
  4. Brainy Tech Games Studio

    Developer of mobile puzzle and action games

    Mobile gaming
    See in list
  5. emobi technologies

    EMOBI Technologies is an innovative mobile application and game development firm.

    Mobile game developers
    See in list
29 companies in Delhi

Real money, poker & online gaming platforms

Platforms offering reward-based, real money and prediction-style games.

  1. Rush

    Reward-based online gaming platform for various games

    Mobile gaming
    See in list
  2. Baazi Games

    Operator of online poker and sports prediction gaming solutions

    Gambling tech
    See in list
  3. Jumbo

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

    Mobile gaming
    See in list
  4. Sklash

    Online skill-based gaming platform

    Mobile gaming
    See in list
  5. Moonshine Technology

    Developer of online poker platforms, prediction markets, and casino hardware

    Gambling tech
    See in list

Esports & competitive gaming companies

Esports tournament and competitive gaming platforms.

  1. WinZO

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

    Esports
    See in list
  2. Khiladi Adda

    Provider of an e-sports tournament and gaming platform

    Sports tech
    See in list
  3. Briashta

    Developer of mobile-based sports games

    Mobile gaming
    See in list
  4. ThreyeInc

    Game development studio

    Mobile gaming
    See in list
  5. Arjuna Studios

    Developer of mobile based multiplayer games

    Mobile gaming
    See in list

Blockchain, NFT & metaverse gaming companies

Companies building NFT-based and metaverse games.

  1. Hike

    Provider of blockchain based mobile gaming platform

    Mobile gaming
    See in list
  2. LOKA

    Metaverse-based social networking platform

    Pc & console gaming
    See in list
  3. Rush Gaming Universe

    Provider of online gaming platform

    Non fungible tokens
    See in list
  4. Rezolut

    Provider of a mobile-based virtual trading game

    Non fungible tokens
    Website
  5. Jaldibolo Company

    Provider of cash prize multiplayer online quizzes

    Mobile gaming
    Website

PC, console & multi-platform game studios

Game studios building for PC and console as well as mobile.

  1. Briashta

    Developer of mobile-based sports games

    Mobile gaming
    See in list
  2. HesoyamGames

    Game development studio

    Pc & console gaming
    See in list
  3. Brainy Tech Games Studio

    Developer of mobile puzzle and action games

    Mobile gaming
    See in list
  4. Melonade

    Developer of NFT-based board games

    Pc & console gaming
    Website
  5. LOKA

    Metaverse-based social networking platform

    Pc & console gaming
    See in list
8 companies in Delhi

Mobile gaming startups in Delhi

Newer mobile gaming companies founded in the last few 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. Jumbo

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

    Mobile gaming
    See in list
  4. Petals Studio

    Game development studio

    Mobile gaming
    See in list
  5. Arjuna Studios

    Developer of mobile based multiplayer games

    Mobile gaming
    See in list
24 companies in Delhi

Mobile gaming companies hiring in Delhi

Mobile gaming companies in Delhi with open roles.

  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. Pencillati

    Game art, animation content & developer company

    Mobile gaming
    See in list
  4. Moong Labs

    Developer of mobile-based casual games

    Mobile gaming
    See in list
  5. ThreyeInc

    Game development studio

    Mobile gaming
    See in list
9 companies in Delhi
Mobile reach

Top 10 mobile gaming apps from Delhi

The most-installed Android apps published by mobile gaming companies headquartered in Delhi — 195.6M installs between them. 26 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

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
2

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
3

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
4

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
5

Talking Tom & Jerry: Pet Games

by AapLabs

Installs2.7M
Rating4.347K ratings
Installs, year on year+13%
Last updatedJan 2025
View on Google Play ↗
Talking Tom & Jerry: Pet Games screenshot 1Talking Tom & Jerry: Pet Games screenshot 2Talking Tom & Jerry: Pet Games screenshot 3Talking Tom & Jerry: Pet Games screenshot 4Talking Tom & Jerry: Pet Games screenshot 5Talking Tom & Jerry: Pet Games screenshot 6
6

Fighter Pilot: HeavyFire

by ThreyeInc

Installs2.0M
Rating3.9711K ratings
Last updatedNov 2025
View on Google Play ↗
Fighter Pilot: HeavyFire screenshot 1Fighter Pilot: HeavyFire screenshot 2Fighter Pilot: HeavyFire screenshot 3Fighter Pilot: HeavyFire screenshot 4Fighter Pilot: HeavyFire screenshot 5Fighter Pilot: HeavyFire screenshot 6
7

Real T20 Cricket Championship

by GameGiri

Installs920K
Rating—
Installs, year on year+2%
Last updatedNov 2023
View on Google Play ↗
Real T20 Cricket Championship screenshot 1Real T20 Cricket Championship screenshot 2Real T20 Cricket Championship screenshot 3Real T20 Cricket Championship screenshot 4Real T20 Cricket Championship screenshot 5Real T20 Cricket Championship screenshot 6
9

Cricket Masters: Captain 2026

by Briashta

Installs247K
Rating4.043K ratings
Last updatedApr 2026
View on Google Play ↗
Cricket Masters: Captain 2026 screenshot 1Cricket Masters: Captain 2026 screenshot 2Cricket Masters: Captain 2026 screenshot 3Cricket Masters: Captain 2026 screenshot 4Cricket Masters: Captain 2026 screenshot 5Cricket Masters: Captain 2026 screenshot 6
10

Fashion Store Simulator!

by Enfinity Games

Installs130K
Rating3.32507 ratings
Installs, year on year+500%
Last updatedMay 2026
View on Google Play ↗
Fashion Store Simulator! screenshot 1Fashion Store Simulator! screenshot 2Fashion Store Simulator! screenshot 3Fashion Store Simulator! screenshot 4Fashion Store Simulator! screenshot 5Fashion Store Simulator! screenshot 6
The business behind the activity

Mobile gaming financials in Delhi

Revenue, profit and growth from the filed annual accounts of 10 mobile gaming companies in Delhi for FY24-25 — 14 of the 84 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 100% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹676.56 cr

10 companies filing accounts

combined net profit−₹122.24 cr

-18.1% aggregate margin

are profitable60%

6 of 10 companies

median revenue~₹2.8 cr

the typical company

median revenue growth+35%

into FY24-25

earned by the top five100%

revenue concentration

Six-year view

Combined revenue of filing companies

₹50.18 crFY19-207 filers
₹121.64 crFY20-217 filers
₹273.88 crFY21-227 filers
₹997.21 crFY22-239 filers
₹1,398.32 crFY23-2411 filers
₹676.56 crFY24-2510 filers

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

Like-for-like

The same 7 companies over three years

+255%
FY22-23₹164.48 cr−₹146.14 cr net
FY23-24₹399.72 cr−₹152.06 cr net
FY24-25₹583.17 cr−₹132.11 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 cr540% profitable
₹1–10 cr3100% profitable
₹10–100 cr1100% 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

Shrinking4
0–20%0
20–50%3
50–100%0
Doubled+2

9 companies with accounts for both years; median growth +35%.

Profitability

Profit is concentrated at the top

6profitable
4loss-making
-18.1%aggregate margin
2.0%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
Moonshine TechnologyMOONSHINE TECHNOLOGY PRIVATE LIMITED-13%₹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 gaming 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%-13%
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%
Hyper PixelPIXELHYPE GAMES PRIVATE LIMITED₹76.77 lakh₹2.29 lakh3.0%+331%
LucidLabsLUCID LABS PRIVATE LIMITED₹25.18 lakh−₹27.59 lakh-109.5%-39%
LOKAMYSUTECH METAVERSE PRIVATE LIMITED₹14.18 lakh−₹20.59 lakh-145.2%-46%
Codegenix TechnologiesCODEGENIX TECHNOLOGIES PRIVATE LIMITED₹9.56 lakh₹0.46 lakh4.8%—
ApproarrAPPROARR STUDIOS PRIVATE LIMITED₹3.74 lakh−₹27.99 lakh-749.0%-87%
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 gaming 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 gaming 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 gaming funding and M&A across India

264 recorded equity rounds have gone to 1,290 mobile gaming 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 months3

US$22.23m

equity rounds, last 24 months20

US$64.08m

raised over five yearsUS$1.60bn

120 rounds in India

M&A deals, India62

last 24 months

Capital by year

Equity funding into mobile gaming in India

amount rounds
$141m201821
$59m201922
$183m202024
$1.3bn202136
$215m202230
$39m202319
$29m202420
$35m202512
$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$1.26bn across 36 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$1.32m12 rounds · median US$73k
SeedUS$85.83m70 rounds · median US$1.00m
Series AUS$92.04m14 rounds · median US$7.00m
Series BUS$155.72m10 rounds · median US$7.18m
Series CUS$154.19m4 rounds · median US$39.35m
Series D+US$1.11bn10 rounds · median US$5.93m
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
Pc & console gamingUS$28.33m16 rounds · 11 companies
Gambling techUS$8.89m6 rounds · 2 companies
Continued learningUS$3.14m1 rounds · 1 companies
Non fungible tokensUS$3.02m3 rounds · 2 companies
Corporate activity · last 24 months

M&A in India

59Acquisition
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 gaming funding in Delhi

10 mobile gaming companies in Delhi have recorded equity funding, US$382.76m 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 gaming companies in Delhi. 38 of 84 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 gaming companies by sub-sector

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

Keep exploring mobile gaming in India and nearby markets.

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