Company lists
The Karnataka edition · 2026

Mobile gamingcompanies in Karnataka

Game developers, gaming platforms, esports, PC & console, NFT & blockchain games and more: the companies building mobile gaming in Karnataka, with their founders, funding, team size and business models.

144 company profiles43 with reported revenue30 with recorded fundingOctober 2026 edition
Karnataka · 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 · 20 funding rounds · 5 launches · 1 Contract. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Nazara technologies acquires Rusk media

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

Media and Entertainment
LaunchDreamStreet

Dream sports

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

Stock broking platform
FundingUser acquisition (UA) funding

Hitwicket

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

Investors Metica
Gaming
M&AAcquisition · Announced

Rush acquires Cucumber

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

Digital Services
FundingPre-Series A

Lightfury games

LightFury Games (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 Karnataka, by revenue

Browse mobile gaming companies in Karnataka by reported revenue, one-year revenue growth, revenue model, age and stage. The 43 companies below are the largest by their most recent reported revenue among 43 mobile gaming companies in Karnataka 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 43

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

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

Developer of online games for mobile devices and social platforms

Mobile gaming
₹622.37 crFY 2024-25
+28%2024–2025
359+45% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
4postings · last posted Aug 2026

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

Social platforms
₹578.29 crFY 2024-25
+8%2024–2025
14-11% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months · last posted Jul 2026

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

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

Developer of casual mobile games

Esports
₹28.29 crFY 2023-24
+112%2023–2024
60-10% 12 mo to Aug 2024recorded Aug 2024
9 yr2017
0none in 3 months

It develops and publishes mobile games

Mobile gaming
₹24.30 crFY 2024-25
+63%2024–2025
—Not available
3 yr2023
0none in 3 months · last posted Nov 2025

Developer of hybrid casual games for online and mobile platforms

Mobile gaming
₹15.17 crFY 2024-25
-7%2024–2025
45-11% 12 mo to Jul 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jun 2026

Developer of mobile games with focus on cooking and restaurant themes

Mobile gaming
₹13.28 crFY 2024-25
-29%2024–2025
69-31% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
1postings · last posted Sep 2026

Developer of free-to-play mobile shooter games with artistic and technical roles

Mobile gaming
₹11.65 crFY 2024-25
+25%2024–2025
145+23% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Apr 2026

Online platform offering math learning reosurces

K-12 edtech
₹7.92 crFY 2024-25
+2%2024–2025
11-7% vs previous recordLinkedIn · Jul 2026
12 yr2014
0none in 3 months

Independent mobile game development studio

Mobile gaming
₹5.19 crFY 2024-25
+61%2024–2025
24+0% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Developer and publisher of casual mobile games utilizing AI technology for creative speed and scalable content generation.

Mobile gaming
₹4.12 crFY 2024-25
+1802%2024–2025
49LinkedIn · Jul 2026
3 yr2023
0none in 3 months

Developer of mobile-based casual games

Mobile gaming
₹3.11 crFY 2024-25
+4%2024–2025
4LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Developer of casual games

Mobile gaming
₹3.06 crFY 2024-25
+379%2024–2025
24LinkedIn · Jul 2026
3 yr2023
0none in 3 months · last posted Jun 2026

Game development studio for PC & mobile platform

Pc & console gaming
₹2.79 crFY 2024-25
-30%2024–2025
16LinkedIn · Jul 2026
12 yr2014
0none in 3 months · last posted Jun 2026

Developer of mobile-based casual video games

Mobile gaming
₹2.72 crFY 2024-25
+247%2024–2025
14recorded Apr 2024
9 yr2017
0none in 3 months

Mobile gaming platform

Mobile gaming
₹2.14 crFY 2021-22
Not reported
—Not available
10 yr2016
—No postings tracked

Mobile app gaming studio

Mobile gaming
₹2.23 crFY 2024-25
-32%2024–2025
11LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Video game developer focusing on core games

Pc & console gaming
₹1.55 crFY 2024-25
+56%2024–2025
17+8% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Mobile game development company

Mobile gaming
₹1.47 crFY 2024-25
+144%2024–2025
4-20% vs previous recordLinkedIn · Jul 2026
15 yr2011
0none in 3 months

Game development studio

Mobile gaming
₹1.38 crFY 2024-25
+570%2024–2025
17LinkedIn · Jul 2026
3 yr2023
0none in 3 months · last posted Jul 2025

Independent mobile game development company

Mobile gaming
₹1.06 crFY 2021-22
-58%2021–2022
4-43% 12 mo to Feb 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

A mobile gaming app studio

Mobile gaming
₹1.10 crFY 2024-25
+19%2024–2025
—Not available
16 yr2010
0none in 3 months

Independent game development studio

Mobile gaming
₹1.09 crFY 2024-25
-37%2024–2025
47-13% 12 mo to Aug 2024LinkedIn · Jul 2026
11 yr2015
3postings · last posted Sep 2026

Developer of hypercasual games

Mobile gaming
₹1.01 crFY 2024-25
-29%2024–2025
22LinkedIn · Jul 2026
3 yr2023
0none in 3 months
43 of 144 companies shown here · the full list is on Radar
Fliar Radar

Explore all 144 mobile gaming companies in Karnataka on Radar

This page shows the top 43. Radar has the complete, filterable list with contacts and live company signals.

Open mobile gaming in Karnataka on Radar
  • Every company, not just 50All 144 mobile gaming companies in Karnataka, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore mobile gaming companies in Karnataka by what you are looking for

Browse top mobile gaming companies in Karnataka, including casual game developers and real money gaming platforms. You can also find mobile gaming startups in Karnataka and mobile gaming companies hiring in Karnataka.

8 ways to explore mobile gaming in Karnataka

Mobile game developers & studiosReal money gaming & gaming platform companiesEsports & competitive gaming companiesPC & console game studiosNFT & blockchain gaming companiesEducational & brain-training game companies

Mobile game developers & studios

Studios that develop casual, hypercasual and multi-genre mobile games.

  1. Gameberry Labs

    Developer of online games for mobile devices and social platforms

    Mobile gaming
    See in list
  2. DreamHQ

    It develops and publishes mobile games

    Mobile gaming
    See in list
  3. 99Games

    Developer of mobile games with focus on cooking and restaurant themes

    Mobile gaming
    See in list
  4. Deftouch

    Independent mobile game development studio

    Mobile gaming
    See in list
  5. Felicity Games

    Developer and publisher of casual mobile games utilizing AI technology for creative speed and scalable content generation.

    Mobile gaming
    See in list

Real money gaming & gaming platform companies

Online platforms for skill-based, real money and social mobile games.

  1. MPL

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

    Esports
    See in list
  2. Onmo

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

    Social platforms
    See in list
  3. Tamasha

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

    Mobile gaming
    See in list
  4. Fabzen

    Developer of casual mobile games

    Esports
    See in list
  5. SportsQwizz

    Mobile gaming platform

    Mobile gaming
    See in list

Esports & competitive gaming companies

Companies running esports platforms and competitive mobile gaming.

  1. MPL

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

    Esports
    See in list
  2. Onmo

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

    Social platforms
    See in list
  3. Tamasha

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

    Mobile gaming
    See in list
  4. Fabzen

    Developer of casual mobile games

    Esports
    See in list
  5. Moonstar Interactive

    Provider of gaming solutions and products for the gaming community

    Mobile gaming
    See in list

PC & console game studios

Studios building PC, console and cross-platform games, including core and mid-core titles.

  1. Deftouch

    Independent mobile game development studio

    Mobile gaming
    See in list
  2. Studio Sirah

    Video game developer focusing on core games

    Pc & console gaming
    See in list
  3. Xigma Games

    Developer of games across multiple platforms with original and innovative ideas

    Pc & console gaming
    See in list
  4. AltWorld

    Provider of social metaverse gaming platform to play multiple games

    Non fungible tokens
    See in list
  5. Magnimus

    Developer of multiplayer games integrated with physical exercises

    Mobile gaming
    See in list

NFT & blockchain gaming companies

Companies building NFT-based and blockchain games.

  1. AltWorld

    Provider of social metaverse gaming platform to play multiple games

    Non fungible tokens
    See in list
  2. Dogeon

    Provider of NFT-based racing game

    Pc & console gaming
    Website
  3. Etermon

    Provider of RPG-based NFT game for mobile devices

    Pc & console gaming
    Website
  4. Dragon War

    Online platform for strategy game based NFTs

    Investment tech
    Website
  5. Guild Games

    Provider of an online NFT-based gaming platform for individuals

    Investment tech
    Website

Educational & brain-training game companies

Learning games and apps for maths, puzzles and brain training.

  1. Makkajai

    Online platform offering math learning reosurces

    K-12 edtech
    See in list
  2. Happy Adda

    Mobile game development studio focusing on brain games

    Mobile gaming
    See in list
  3. Matiks

    Online platform offering competitive math games and puzzles for individuals to improve their mental arithmetic skills

    Continued learning
    Website
  4. KUNIA LABS

    App-based platform offering activity-based learning solutions

    Mobile gaming
    Website
  5. Augbrain

    Gamification based web apps for brain training

    Continued learning
    Website

Mobile gaming startups in Karnataka

Newer mobile gaming companies founded in the last few years in Karnataka.

  1. Felicity Games

    Developer and publisher of casual mobile games utilizing AI technology for creative speed and scalable content generation.

    Mobile gaming
    See in list
  2. Brightpoint Studios

    Developer of casual games

    Mobile gaming
    See in list
  3. QuriousBit

    Game development studio

    Mobile gaming
    See in list
  4. Swordfield

    Developer of hypercasual games

    Mobile gaming
    See in list
  5. AltWorld

    Provider of social metaverse gaming platform to play multiple games

    Non fungible tokens
    See in list
44 companies in Karnataka

Mobile gaming companies hiring in Karnataka

Mobile gaming companies in Karnataka with open jobs right now.

  1. MPL

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

    Esports
    See in list
  2. Gameberry Labs

    Developer of online games for mobile devices and social platforms

    Mobile gaming
    See in list
  3. Onmo

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

    Social platforms
    See in list
  4. Tamasha

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

    Mobile gaming
    See in list
  5. DreamHQ

    It develops and publishes mobile games

    Mobile gaming
    See in list
14 companies in Karnataka
Mobile reach

Top 10 mobile gaming apps from Karnataka

The most-installed Android apps published by mobile gaming companies headquartered in Karnataka — 463.6M installs between them. 49 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Parchisi STAR Online

by Gameberry Labs

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

Food Truck Chef™ Cooking Games

by NUKEBOX Studios

Installs37.3M
Rating4.28285K ratings
Installs, year on year+5%
Last updatedMay 2026
View on Google Play ↗
Food Truck Chef™ Cooking Games screenshot 1Food Truck Chef™ Cooking Games screenshot 2Food Truck Chef™ Cooking Games screenshot 3Food Truck Chef™ Cooking Games screenshot 4Food Truck Chef™ Cooking Games screenshot 5Food Truck Chef™ Cooking Games screenshot 6
4

Photo Editor & Collage Maker

by OutThinking

Installs31.4M
Rating4.29131K ratings
Installs, year on year+1%
Last updatedMar 2026
View on Google Play ↗
Photo Editor & Collage Maker screenshot 1Photo Editor & Collage Maker screenshot 2Photo Editor & Collage Maker screenshot 3Photo Editor & Collage Maker screenshot 4Photo Editor & Collage Maker screenshot 5Photo Editor & Collage Maker screenshot 6
5

Roulette Royale - Grand Casino

by Mywavia Studios

Installs25.9M
Rating4.48279K ratings
Installs, year on year+2%
Last updatedMay 2026
View on Google Play ↗
Roulette Royale - Grand Casino screenshot 1Roulette Royale - Grand Casino screenshot 2
6

2026 Calendar

by Anivale

Installs14.7M
Rating4.74102K ratings
Installs, year on year+37%
Last updatedMay 2026
View on Google Play ↗
2026 Calendar screenshot 12026 Calendar screenshot 22026 Calendar screenshot 32026 Calendar screenshot 42026 Calendar screenshot 52026 Calendar screenshot 6
7

Unblock Wood Block Puzzle

by Hashcube

Installs12.5M
Rating4.4974K ratings
Installs, year on year+6%
Last updatedJul 2025
View on Google Play ↗
Unblock Wood Block Puzzle screenshot 1Unblock Wood Block Puzzle screenshot 2Unblock Wood Block Puzzle screenshot 3Unblock Wood Block Puzzle screenshot 4Unblock Wood Block Puzzle screenshot 5Unblock Wood Block Puzzle screenshot 6
8

Star Chef™: Restaurant Cooking

by 99Games

Installs9.6M
Rating4.49225K ratings
Last updatedJan 2026
View on Google Play ↗
Star Chef™: Restaurant Cooking screenshot 1Star Chef™: Restaurant Cooking screenshot 2Star Chef™: Restaurant Cooking screenshot 3Star Chef™: Restaurant Cooking screenshot 4Star Chef™: Restaurant Cooking screenshot 5Star Chef™: Restaurant Cooking screenshot 6
9

Card Party! Friend Family Game

by Bombay Play

Installs7.0M
Rating4.4976K ratings
Installs, year on year+10%
Last updatedJun 2024
View on Google Play ↗
Card Party! Friend Family Game screenshot 1Card Party! Friend Family Game screenshot 2Card Party! Friend Family Game screenshot 3Card Party! Friend Family Game screenshot 4Card Party! Friend Family Game screenshot 5Card Party! Friend Family Game screenshot 6
The business behind the activity

Mobile gaming financials in Karnataka

Revenue, profit and growth from the filed annual accounts of 36 mobile gaming companies in Karnataka for FY24-25 — 46 of the 144 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 83% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹439.09 cr

36 companies filing accounts

combined net profit−₹35.16 cr

-8.0% aggregate margin

are profitable53%

19 of 36 companies

median revenue~₹1.5 cr

the typical company

median revenue growth+2%

into FY24-25

earned by the top five83%

revenue concentration

Six-year view

Combined revenue of filing companies

₹276.29 crFY19-2021 filers
₹548.04 crFY20-2124 filers
₹559.05 crFY21-2228 filers
₹653.60 crFY22-2329 filers
₹835.25 crFY23-2433 filers
₹439.09 crFY24-2536 filers

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

Like-for-like

The same 24 companies over three years

+16%
FY22-23₹310.88 cr−₹93.71 cr net
FY23-24₹282.47 cr−₹53.00 cr net
FY24-25₹361.70 cr−₹10.90 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 cr1338% profitable
₹1–10 cr1656% profitable
₹10–100 cr667% profitable
₹100–1,000 cr1100% 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

Shrinking14
0–20%6
20–50%2
50–100%2
Doubled+5

29 companies with accounts for both years; median growth +2%.

Profitability

Profit is concentrated at the top

19profitable
17loss-making
-8.0%aggregate margin
1.4%median margin

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

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
TamashaGAMEPE TECHNOLOGIES PRIVATE LIMITED+834%₹33.71 cr
OnmoONMOBILE GLOBAL LIMITED+27%₹249.85 cr
LILALILA GAMES PRIVATE LIMITED+25%₹11.65 cr
Mayhem StudiosMAYHEM STUDIOS INDIA PRIVATE LIMITED-5%
Bombay PlayBOMBAY PLAY ENTERTAINMENT PRIVATE LIMITED-7%₹15.17 cr
99Games99GAMES ONLINE PRIVATE LIMITED-29%₹13.28 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
DreamHQDREAM HQ LABS PRIVATE LIMITED16.6%₹24.30 cr
TamashaGAMEPE TECHNOLOGIES PRIVATE LIMITED6.8%₹33.71 cr
LILALILA GAMES PRIVATE LIMITED6.5%₹11.65 cr
Bombay PlayBOMBAY PLAY ENTERTAINMENT PRIVATE LIMITED3.4%₹15.17 cr
OnmoONMOBILE GLOBAL LIMITED3.4%₹249.85 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Mobile gaming31₹176.27 cr~₹1.4 cr52%-19.0%
Leaders

Largest mobile gaming companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
OnmoONMOBILE GLOBAL LIMITED₹249.85 cr₹8.45 cr3.4%+27%
Mayhem StudiosMAYHEM STUDIOS INDIA PRIVATE LIMITED−₹10.04 cr-5%
TamashaGAMEPE TECHNOLOGIES PRIVATE LIMITED₹33.71 cr₹2.31 cr6.8%+834%
DreamHQDREAM HQ LABS PRIVATE LIMITED₹24.30 cr₹4.04 cr16.6%—
Bombay PlayBOMBAY PLAY ENTERTAINMENT PRIVATE LIMITED₹15.17 cr₹51.99 lakh3.4%-7%
99Games99GAMES ONLINE PRIVATE LIMITED₹13.28 cr−₹2.44 cr-18.4%-29%
LILALILA GAMES PRIVATE LIMITED₹11.65 cr₹75.89 lakh6.5%+25%
MakkajaiMAKKAJAI EDU TECH PRIVATE LIMITED₹7.92 cr₹30.48 lakh3.8%+2%
StellarplaySTELLARPLAY GAMES PRIVATE LIMITED
DeftouchDEFTOUCH INTERACTIVE ART PRIVATE LIMITED₹5.19 cr−₹2.68 cr-51.6%+61%
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.

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 Karnataka 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 Karnataka

30 mobile gaming companies in Karnataka have recorded equity funding, US$537.57m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Karnataka

Meet the people behind mobile gaming companies in Karnataka. 91 of 144 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Karnataka mobile gaming companies by sub-sector

The most common specialisations among mobile gaming companies in Karnataka. 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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