by The Journey Of Games 24×7
- 2006: Games 24×7 is founded by Bhavin Pandya and Trivikraman Thampy in Mumbai, India. The company’s initial focus is on online rummy games.
- 2007: Games 24×7 launches its first game, RummyCircle, a multiplayer online rummy game. The game quickly gains popularity in India, where rummy is a popular card game.
- 2011: Games 24×7 launches Pool Rummy, a variant of rummy that allows multiple players to participate in a single game. The company also introduces a mobile version of RummyCircle, which becomes popular among mobile gamers.
- 2013: Games 24×7 raises $2.5 million in funding from Tiger Global Management, a New York-based investment firm that specializes in technology companies. The funding allows the company to expand its offerings and improve its technology platform.
- 2014: Games 24×7 launches Teen Patti, a popular Indian card game, on its mobile platform. The game quickly becomes popular among mobile gamers in India and helps the company attract a wider audience.
- 2017: Games 24×7 raises $15 million in a funding round led by Tiger Global Management, with participation from other investors. The company uses the funding to further expand its offerings and improve its technology platform.
- 2018: Games 24×7 launches My11Circle, a fantasy sports platform that offers daily fantasy cricket games. The platform quickly gains popularity among cricket fans in India, who use it to create their own fantasy teams and compete against other players.
- 2019: Games 24×7 raises $6 million in a funding round led by Tiger Global Management, with participation from other investors. The company also expands its offerings to include other fantasy sports games, such as fantasy football and fantasy kabaddi. The expansion helps the company attract a wider audience and compete more effectively with other fantasy sports platforms in India.
- 2020: Games 24×7 raises $49 million in a funding round led by Faering Capital, an Indian investment firm, with participation from other investors. The company also launches a new gaming platform, Ultimate Games, which offers a variety of casual and social games. The platform is designed to appeal to a wider audience and includes games such as Ludo, Carrom, and Chess.
As of 2023, Games 24×7 has over 40 million registered users and is one of the leading gaming companies in India. The company offers a variety of online and mobile games, including rummy, poker, fantasy sports, and casual games. It continues to expand its offerings and user base through strategic partnerships and acquisitions and is committed to providing innovative and engaging gaming experiences for players in India and around the world.
Stats of Games 24×7
- Company History and Founders: Games 24×7 was founded in 2006 by Bhavin Pandya and Trivikraman Thampy. The company started with the online rummy game called RummyCircle and later expanded to other games, including My11Circle, a fantasy sports platform.
- Flagship Game: RummyCircle is the company’s flagship game, which is a popular online rummy platform. It has over 22 million registered users and offers a variety of rummy games, including pool rummy, points rummy, and deals rummy.
- Fantasy Sports Platform: In 2019, Games 24×7 launched My11Circle, a fantasy sports platform that offers daily fantasy cricket and football games. The platform has over 15 million registered users and is one of the fastest-growing fantasy sports apps in India.
- Funding: Games 24×7 has raised a total of $75 million in funding to date from investors, including Tiger Global Management, Accel, and WestBridge Capital.
- Number of Employees: The company has over 800 employees across its offices in Mumbai, Bangalore, and the United States.
- Financials: In 2020, Games 24×7 reported a revenue of Rs. 350 crore (around $46 million) and was profitable for the third consecutive year. The company’s revenue growth rate was 54% in 2020, which is a significant improvement from the previous year.
- Awards: Games 24×7 has won several awards for its innovative products and services. In 2019, it won the Deloitte Technology Fast 50 India award, which recognizes the fastest-growing technology companies in India. In 2020, it won the Financial Express Innovation Award for its fantasy sports platform, My11Circle.
Overall, Games 24×7 has established itself as one of the leading online gaming companies in India with a strong focus on innovation, user experience, and responsible gaming. The company’s flagship game RummyCircle has a large user base, and its fantasy sports platform My11Circle has become popular among cricket and football fans in India.
