Games24x7 Raises USD 75M in Funding

Games24x7, a Mumbai, India-based provider of a multi game platform, raised USD 75M in funding.

The round was led by Malabar Investment, Tiger Global and Raine Group.

The company intends to use the funds to accelerate users growth, content development and technological capabilities.

Founded in 2006, by Trivikraman Thampy, an engineering alumnus of IIT Bombay and PhD in Economics from New York University, and Bhavin Pandya, an engineering alumnus of Purdue University and M.Phil in Economics from New York University, Games24x7 is a multi game platform whose offerings include:

  • RummyCircle (India’s largest online rummy game),
  • My11Circle (India’s second largest fantasy platform) and
  • U Games (a portfolio of casual games).

The company also has offices in Bengaluru, New Delhi, Miami and Philadelphia.