Games24x7 Unicorn Investor Acquired
Games24x7 is a Mumbai-based Indian gaming-technology company founded in 2006 by Bhavin Pandya and Trivikraman Thampy, best known for skill-gaming platforms RummyCircle (online rummy) and My11Circle (fantasy sports), which together reached over 120 million registered users. India's August 2025 nationwide ban on real-money online gaming eliminated its core cash-contest revenue model, triggering roughly 70% workforce cuts, an IPL sponsorship exit,…
Games24x7: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 30 Mar 2022 | Series C | $75M | Malabar Investment Advisors The Raine Group Tiger Global Management | source |
| 25 Jun 2021 | Series B | $18M | The Raine Group | source |
| 18 Oct 2019 | Series A | Undisclosed | The Raine Group | source |
| 6 Feb 2012 | Series A | $2.99M | Tiger Global Management | source |
| 18 Apr 2011 | Seed | $2.03M | Tiger Global Management | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 3 Mar 2026 | Games24x7 | wiseowl-securities-parent-of-butterfly-broking-tiqs | ₹9.1 crore for a 24% stake (plus a ₹18 crore short-term loan approved separately) | source |
| 30 Jul 2024 | nazara-technologies-via-subsidiary-next-wave-multimedia | Games24x7 | ₹10 crore (IP rights to Ultimate Teen Patti only, not the whole company) | source |
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Who founded Games24x7?
Games24x7 was founded by Bhavin Pandya, Trivikraman Thampy in 2006.
How much funding has Games24x7 raised?
Games24x7 has raised $98.02 Mn across 5 tracked funding round(s), most recently on 2022-03-30. Figures are compiled from cited public sources.
Who are the investors in Games24x7?
Investors in Games24x7 include Malabar Investment Advisors, The Raine Group, Tiger Global Management.
What does Games24x7 do?
Games24x7 is a Mumbai-based Indian gaming-technology company founded in 2006 by Bhavin Pandya and Trivikraman Thampy, best known for skill-gaming platforms RummyCircle (online rummy) and My11Circle (fantasy sports), which together reached over 120 million registered users. India's August 2025 nationwide ban on real-money online gaming…
Where is Games24x7 headquartered?
Games24x7 is headquartered in Mumbai, Maharashtra, India.
What is Games24x7's business model?
Games24x7's core value proposition centers on "India's Best Rummy Experience™", AI/data-science-driven hyperpersonalization, Responsible-gaming monitoring, Fair-play game design (Wowzy).
How does Games24x7 make money?
Games24x7's cited revenue streams include Real-money gaming entry fees / rake (historical core model), Free-to-play / non-cash formats (post-ban), Adjacent fintech equity stakes.