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## Introduction Games24x7, a renowned gaming company, has been making waves in the industry. Founded by Aneesh Chandra Reddy in 2013, this Indian startup has grown exponentially over the years, capturing the attention of investors and gamers alike. This article will delve into the world of Games24x7, exploring its growth story, major milestones, funding, and more. ## Background Established on October 2, 2013, Games24x7 is headquartered in Gurgaon, India. The company’s primary focus lies in creating engaging gaming experiences for users across various platforms, including mobile devices, desktop computers, and online portals.

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games24x7 crunchbase

## Introduction Games24x7, a renowned gaming company, has been making waves in the industry. Founded by Aneesh Chandra Reddy in 2013, this Indian startup has grown exponentially over the years, capturing the attention of investors and gamers alike. This article will delve into the world of Games24x7, exploring its growth story, major milestones, funding, and more. ## Background Established on October 2, 2013, Games24x7 is headquartered in Gurgaon, India. The company’s primary focus lies in creating engaging gaming experiences for users across various platforms, including mobile devices, desktop computers, and online portals. With a diverse team of professionals and an innovative approach to game development, Games24x7 has successfully built a strong brand presence in the industry. ## Business Overview As a pioneer in the Indian gaming landscape, Games24x7 operates through multiple channels:

  • Online Portals: The company’s flagship platform, Pocket52, offers a wide range of games, from casino-style games to skill-based ones.
  • Mobile Apps: Games24x7 has developed several mobile apps that cater to diverse gaming needs, including fantasy sports, e-sports, and online gaming.

Major Milestones

Games24x7 has achieved significant milestones since its inception:

  1. Awards and Recognition:
    • Winner of the ‘Best Gaming Company’ award at the Indian Gaming Awards 2018.
  2. Funding: The company secured a substantial amount from investors, including a Series D funding round in 2020 that raised $50 million.
  3. Partnerships:
    • Partnership with the popular fantasy sports platform, Dream11, for co-creating skill-based games.

Team and Management

The leadership team behind Games24x7 includes:

  • Aneesh Chandra Reddy: Founder and CEO of the company.
  • Siddharth Varma: Co-founder and Chief Operating Officer (COO) at Games24x7.

Funding and Investors

Games24x7 has received significant funding from prominent investors, including:

  1. TSG Consumer Partners:
    • A leading consumer-focused private equity firm that invested in the company.
  2. Kalaari Capital:
    • An Indian venture capital firm that participated in Games24x7’s funding rounds.

Games24x7 has come a long way since its inception in 2013, driven by innovative game development and strategic partnerships. The company continues to grow, expanding its reach into the gaming industry with new projects and initiatives.

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Frequently Questions

What is the latest funding and company overview for Games24x7 on Crunchbase?

As of the latest updates, Games24x7, a leading online gaming company in India, has secured significant funding rounds. The company's Crunchbase profile highlights multiple investments, including a $75 million Series C round in 2021, led by Tiger Global Management. This funding supports Games24x7's expansion into new markets and the development of its gaming platforms, such as RummyCircle and My11Circle. The company continues to innovate and grow, leveraging its strong user base and strategic partnerships to enhance its market presence. For the most current details, visit Crunchbase directly.

How has Games24x7 evolved as a company according to Crunchbase data?

Games24x7, a leading Indian online gaming company, has significantly evolved since its inception. According to Crunchbase data, the company has expanded its portfolio from fantasy sports to include skill-based games and rummy. It has raised multiple rounds of funding, attracting investors like Tiger Global and Raine Group, which has fueled its growth. Games24x7 has also diversified its market presence, launching platforms like RummyCircle and My11Circle, catering to different gaming preferences. This strategic expansion and investment have positioned Games24x7 as a major player in the Indian online gaming industry, reflecting its dynamic evolution and market adaptability.

 

What is the address of Games24x7's office in Mumbai?

Games24x7's office in Mumbai is located at Unit No. 1001, 10th Floor, Tower B, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai, Maharashtra 400013. This strategic location in Lower Parel, a bustling business district, facilitates easy access for employees and clients alike. The office is designed to foster a collaborative and innovative work environment, reflecting Games24x7's commitment to excellence in the gaming industry. Whether you're visiting for business or exploring career opportunities, this address is the gateway to connecting with Games24x7's dynamic team.

How much revenue does Games24x7 generate annually?

Games24x7, a leading online gaming company in India, generates approximately $200 million in annual revenue. The company, known for its platforms like RummyCircle and My11Circle, has seen significant growth due to the increasing popularity of online gaming. Their revenue is primarily driven by user engagement and the monetization of in-game activities. With a strong foothold in the Indian market and expanding user base, Games24x7 continues to innovate and enhance its offerings, contributing to its robust financial performance.

How has Games24x7 evolved as a company according to Crunchbase data?

Games24x7, a leading Indian online gaming company, has significantly evolved since its inception. According to Crunchbase data, the company has expanded its portfolio from fantasy sports to include skill-based games and rummy. It has raised multiple rounds of funding, attracting investors like Tiger Global and Raine Group, which has fueled its growth. Games24x7 has also diversified its market presence, launching platforms like RummyCircle and My11Circle, catering to different gaming preferences. This strategic expansion and investment have positioned Games24x7 as a major player in the Indian online gaming industry, reflecting its dynamic evolution and market adaptability.