Tag: Paytm first games

  • Top 10 Gaming Startups in India | Best Indian Gaming Companies in 2023

    The digital revolution has fueled the gaming industry of India tremendously, transforming the nation into a bustling hub for game development and innovation. It was further pushed by the startup culture in which the Indian business world itself thrived. By 2019, the number of people who play online games in India crossed 300 million and it is increasing over the years.

    It is expected that by 2025 global gaming market is expected to exceed $256.97 billion. As the internet became cheaper and widely accessible, the number of online gamers increased. A large number of gamers from tier 1 and tier 2 cities were added to it.

    Driven by the exponential growth of internet users, increased smartphone penetration, and the rise of esports, the gaming landscape in India has evolved into an enchanting realm of opportunities for both players and entrepreneurs.

    As the industry continues to gain momentum, a new generation of visionary startups has emerged, reshaping the gaming landscape and captivating the hearts of millions of gamers across the nation. From mobile gaming sensations to cutting-edge virtual reality experiences, these gaming startups have demonstrated their mettle in the highly competitive arena, setting new benchmarks for creativity, technology, and user engagement.

    In this blog, we’ll delve into the captivating narratives of trailblazers who dared to dream big and turned their passion for gaming into thriving ventures. So buckle up, and let’s dive into the exhilarating world of the top gaming startups in India!

    Top Gaming Startups in India

    1. Dream11
    2. Nazara Technologies
    3. Paytm First Games
    4. Games2Win
    5. Moonfrog Labs
    6. 99 Games
    7. Octro
    8. JetSynthesys
    9. Hashcube
    10. Mech Mocha

    Revenue Earnings by Indian Gaming Companies

    Dream11

    Website www.dream11.com
    Headquarters Mumbai, Maharashtra
    Founders Harsh Jain, Bhavit Sheth
    Founded 2008

    Dream 11 - Top gaming startups in India
    Dream 11 – Top gaming startups in India

    Established in 2008, Dream11 stands as one of top gaming startups in India, revolutionizing the gaming landscape by introducing sports enthusiasts to a thrilling world of fantasy sports. Catering to a wide array of sports, including cricket, kabaddi, football, basketball, and hockey, the platform has garnered immense popularity among fans looking to immerse themselves in their favorite games.

    Dream11 achieved an extraordinary milestone in 2019 by becoming the first gaming startup to attain unicorn status. In a monumental move, Dream11 secured the coveted title sponsorship for the prestigious Indian Premier League (IPL) 2020 in August 2020. Since its inception, this gaming giant has set unprecedented milestones, establishing itself as the pinnacle of success and influence in India’s gaming landscape.


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    Nazara Technologies

    Website www.nazara.com
    Headquarters Mumbai, Maharashtra
    Founders Nitish Mittersain
    Founded 1999

    Nazara Technologies - Indian gaming company
    Nazara Technologies – Indian gaming company

    Founded in 2000, Nazara Technologies has emerged as a leading force in India’s gaming industry, making significant strides in transforming the gaming landscape across the nation. With an unwavering commitment to innovation and a deep understanding of the Indian gaming market, Nazara has captivated the hearts of millions, redefining how players experience and engage with digital entertainment.

    It is boasting diverse segments such as subscription, freemium, e-sports, and skill-based gaming. With a global reach spanning over 64 countries, the company has been on a steady trajectory of growth, continuously expanding its influence and services worldwide. Over the years, the company has successfully acquired several prominent entities like NODWIN Gaming and Sportskeeda, solidifying its position as a key player in the gaming ecosystem and broadening its offerings to cater to a vast array of gaming enthusiasts. Today, Nazara Technologies stands tall with an impressive user base of over 100 million, a testament to the immersive and engaging gaming experiences it delivers to players worldwide.


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    Paytm First Games

    Website www.firstgames.in
    Headquarters Noida, Uttar Pradesh
    Founders Vijay Shekhar Sharma
    Founded 2018

    Paytm First Games - Top gaming company in India
    Paytm First Games – Top gaming startups in India

    Paytm First Games, a dynamic venture by Paytm, one of India’s leading digital payment platforms, has taken the nation by storm with its captivating and rewarding gaming experience. Launched as a part of Paytm’s ecosystem, this innovative platform brings together entertainment and gaming, offering players an opportunity to indulge in a diverse array of games while earning exciting rewards.

    Since its inception, Paytm First Games has emerged as a prominent player in India’s gaming industry, catering to an extensive user base with a wide variety of gaming options. From casual games to esports tournaments, the platform offers something for every gaming enthusiast, making it an all-encompassing destination for players of all ages and interests.

    It caters to a wide variety of games and has over 45 million players on board. From their launch in 2018, today they have reached their zenith as e-gaming witnesses its boom in the industry.


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    Games2Win

    Website www.games2winmedia.com
    Headquarters Mumbai, Maharashtra
    Founders Alok Kejriwal and Mahesh Khambadkone
    Founded 2005

    Games2Win - Top gaming platform in India
    Games2Win – Top gaming startups in India

    Since its inception, Games2Win has remained at the forefront of India’s gaming revolution, captivating players worldwide with its innovative and engaging offerings. Established in 2005 by Alok Kejriwal and Mahesh Khambadkone, this dynamic gaming company has become synonymous with top-notch gaming experiences, entertaining millions across the globe. From casual and arcade-style games to simulation and sports titles, the platform caters to a broad spectrum of gaming enthusiasts, ensuring there’s something for everyone.

    They offer ads and social networks for games apart from being a traditional gaming platform. They have over 15 million users every month. Their games are available across Google, Apple, Microsoft and Amazon.


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    Moonfrog Labs

    Website www.moonfroglabs.com
    Headquarters Bangalore, Karnataka
    Founders Tanay Tayal, Kumar Puspesh, and Ankit Jain
    Founded 2013

    Moonfrog Labs - online gaming startups in India
    Moonfrog Labs – Top gaming startups in India

    Moonfrog Labs, an online gaming startup, came into being through the collective efforts of a close-knit group of friends who were once colleagues back in 2013. Their passion and perseverance fueled the creation of a card-based game called “Teen Patti Gold,” which garnered instant acclaim, amassing an impressive 20 million downloads right from its inception.

    Building upon this early success, Moonfrog Labs continued to push the boundaries of gaming innovation. Introducing a game centered around the beloved Bollywood actress Alia Bhatt, they marked India’s first-ever narrative adventure gaming experience.

    They further expanded their creative repertoire, introducing India’s first war strategy game, inspired by the blockbuster movie “Baahubali.” This strategic masterpiece took players on a thrilling journey through epic battles and commanding armies, allowing them to relive the grandeur of the beloved film. With each new venture, Moonfrog Labs solidified its reputation as an innovative and trendsetting force within the gaming industry.


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    99 Games

    Website www.99games.in
    Headquarters Udupi, Karnataka
    Founders Rohith Bhat
    Founded 2006

    99 Games - Top gaming startups in India
    99 Games – Top gaming startups in India

    99 Games is a Udupi-based game company that was launched in 2008 by Rohit Bhat. Their first game Wordsworth became a hit with more than 1 million downloads among Apple users. From developing casual games for iOS, today they have expanded to Windows and Android.

    In 2013, they came across a great opportunity to develop a game based on a Bollywood movie – Dhoom 3.  The success it garnered opened numerous opportunities for 99Games. They subsequently developed 20 more such games. Two of them were based on movies like Fan and Sultan.

    Octro

    Website www.octro.com
    Headquarters New Delhi
    Founders Saurabh Agarwal
    Founded 2006

    Octro - gaming startups in India
    Octro – Top gaming startups in India

    Octro has emerged as a trailblazing force in India’s gaming industry, captivating players with its innovative and immersive gaming experiences. The mastermind behind the famous games Indian Rummy and Tambola House was launched in the year 2006. They introduced the concept of productivity along with gaming in India. Their games are available in various forms and are tailor-made to fit both mobile phones and tablets. Hailing from Delhi, this gaming company’s innovative approach caught the attention of industry giants, and in 2014, they secured an impressive $15 million in funding from Sequoia Capital.


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    JetSynthesys

    Website www.jetsynthesys.com
    Headquarters Pune, Maharashtra
    Founders Rajan Navani
    Founded 2014

    JetSynthesys - Top game development company in India
    JetSynthesys – Top gaming startups in India

    Established in 2014 by Rajan Navani, JetSynthesys is a prominent game development company, operating under the umbrella of the esteemed Jet Line Group. With a diversified presence in fields like fintech and digital media, the Jet Line Group has earned a reputable brand status across various industries.

    JetSynthesys is hailed as a pioneer in the realm of celebrity-based gaming experiences, where they have left an indelible mark. Among their remarkable portfolio, standouts include games like “Sachin Saga Cricket Champions,” “Being Salman,” and “Bajrangi Bhaijaan.” These celebrity-inspired titles have successfully captivated players, offering an immersive and unique gaming journey.

    The company has ventured into newer avenues of gaming, including the realm of virtual reality (VR) games. Demonstrating their pioneering spirit, they have already unveiled the VR version of their acclaimed “Sachin Saga Cricket Champions” game, further enriching the gaming experience for players.


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    Hashcube

    Website www.hashcube.com
    Headquarters Bangalore, Karnataka
    Founders Ramprasad Rajendran and Deepan Chakravarthy
    Founded 2008

    Hashcube - Top gaming company in India
    Hashcube – Top gaming startups in India

    From being a simple website that lets users play sudoku online, Hashcube has developed into one of the top gaming startups in India. Co-founded by Deepan Chakravarthy and Ramprasad Rajendra in 2008, the company’s journey has been nothing short of remarkable.

    Today, Hashcube boasts an impressive range of games, accessible through the iOS App Store, Google Play Store, or Facebook, catering to a diverse audience. Among their standout creations are engaging titles such as “Sudoku Quest,” “Gummy Pop,” and “DotGame.” However, it is their “Sudoku Quest” that has garnered widespread acclaim, resonating with over 2 million players, making it one of the most popular game sensations to emerge from India.


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    Mech Mocha

    Website www.mechmocha.com
    Headquarters Bangalore, Karnataka
    Founders Arpita Kapoor and Mohit Rangaraju
    Founded 2015

    Mech Mocha - Top gaming startups in India
    Mech Mocha – Top gaming startups in India

    Mech Mocha was founded by Arpita Kapoor and Mohit Rangaraju in 2015. Their aim was to make gaming accessible and comprehensible in tier 2 and tier 3 cities.

    They have a variety of games like Ludo, carrom, cricket and knife rain to their credit. They have created a vernacular gaming platform for their users. Their mobile app is called Hello Play. Their growth has been so commendable that they have attracted investors like Accel, Blume Ventures, Shuwei Capital etc. The Indian Gaming startup was acquired by Flipkart in 2020.

    Other Indian Gaming Startups

    Some other gaming startups in India are:

    • PlaySimple Games
    • Rolocule
    • Zapak
    • Deftouch
    • Gameberry Labs

    Conclusion

    As we conclude our exploration of the top gaming startups in India, one thing becomes abundantly clear – the gaming industry in the country is thriving, and its potential knows no bounds. These visionary startups have harnessed the power of technology, creativity, and passion to craft exceptional gaming experiences that have resonated with players worldwide. Embrace the gaming revolution, and let the joy and excitement of these top gaming startups take you on a thrilling journey like never before!

    FAQs

    How many gaming companies are there in India?

    According to Ambitionbox, there are over 333 gaming companies in India.

    Which are the top Gaming Startups in India?

    Top Gaming startups in India are:

    • Dream 11
    • Nazara Technologies
    • Paytm First Games
    • Games2Win
    • Moonfrog Labs
    • 99 Games
    • Octro
    • JetSynthesys
    • Hashcube
    • Mech Mocha

    How are gaming startups contributing to India’s gaming industry?

    Gaming startups in India are playing a crucial role in shaping the gaming landscape by introducing unique and culturally relevant gaming experiences. They are fueling innovation, creating employment opportunities, and establishing India as a significant player in the global gaming market.

    Which is the leading Game app development company in India?

    Hyperlink InfoSystem is a leading game app development company in India.

    Which gaming startup in India has achieved unicorn status?

    Dream11 is one of the gaming startups in India that achieved unicorn status in 2019.

    What are the best game developer company in the world?

    Some of the best game developer companies in the world are:

    • Nintendo
    • Ubisoft
    • Sony Interactive Entertainment
    • Activision Blizzard
    • Epic Games

    How do gaming startups monetize their games?

    Gaming startups typically employ various monetization models, including in-app purchases, advertisements, subscriptions, and virtual currency systems. These strategies enable them to generate revenue while offering players free or freemium gaming experiences.

    What is the future of the gaming industry in India?

    The future for gaming startups in India is promising, with continued growth driven by technology adoption, an expanding user base, and the rise of esports. These startups are poised to explore new genres, embrace emerging technologies, and make India a significant player in the global gaming industry.

  • Paytm Mall – Raising the Economy

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Paytm.

    Love shopping right? Want things branded? Always want to follow the trend? Online shopping is a process of buying and selling which helps consumers to buy products with a lot of information. Shoppers are able to visit web stores from their homes itself. Isn’t it interesting?

    Paytm Mall is an E-commerce platform. Paytm Mall’s electronics category is very popular on the website as it helps users in finding the latest mobiles and eletronic gadgets at the lowest prices. Paytm Mall app also provides its customers with the best deals, offers and cash backs. Starting from home appliances to laptops everything is available here. Read the Paytm Mall success story below to know more about the company.

    Paytm Mall – Company Highlights

    Startup Name Paytm Mall
    Headquarters Bengaluru, Karnataka, India
    Sector E-commerce
    Founder Vijay Shekhar Sharma
    Founded 2016
    Parent Organization One97 Communications
    Website paytmmall.com

    Paytm Mall – About
    Paytm Mall – Startup Story
    Paytm Mall – Founder And Team
    Paytm Mall – Tagline, Slogan And Logo
    Paytm Mall – Business Model
    Paytm Mall – Revenue Model
    Paytm Mall – Funding And Investors
    Paytm Mall – Growth
    Paytm Mall – Competitors
    Paytm Mall – Future Goals
    Paytm Mall – Latest News
    Paytm – FAQs


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    Paytm Mall – About

    Paytm Mall India is dedicated towards online shopping like any other e-commerce app or website. But it doesn’t deal with options like bill, recharge, payment, utility bills or any other money-related activities. Paytm is a word that everyone has come through. Apart from this many don’t know that the shopping section is also available along with the bill payment section. Rest there are no such differences.

    Paytm Mall – Startup Story

    In the beginning, Paytm dealt with money bills. A few years later the company launched a consumer shopping app for its users. It is inspired by the model of China’s largest business to consumer (B2C) retail platform. The aim was to create a combination of the mall and bazaar concept to Indian consumers. With the help of the new app, consumers will now be able to shop from 1.4 lakh sellers. The Paytm Mall app is available for Android and Apple, and is soon said to launch an upgraded version.


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    Paytm Mall – Founder And Team

    The founder of Paytm
    The founder of Paytm

    The Paytm founder Vijay Shekhar Sharma is currently an Indian billionaire businessman and an entrepreneur. He was born on 8th July in 1978 and is currently, 42 years old. He completed his education from Delhi College of Engineering, which is now known as Delhi Technological University. In 1997 he started a website but sold it two years later for $1 million.

    In the year 2017, he was ranked as India’s youngest billionaire. He was also the one who was present in the list of Time magazine’s 100 most influential people in 2017. Besides Paytm Mall, the platform is also known for creating Paytm first game and the Paytm wallet.

    The tagline of the company is ‘Ab Shopping ke liye bhi, Paytm Karo!

    Paytm Mall logo
    Paytm Mall logo

    Paytm Mall – Business Model

    The Paytm Mall business model is based how the platform is designed especially for Paytm merchants, vendors and sellers. The company charges a commission between 5 to 20% of the products sold. The company has moved away from the warehouse model and is leveraging its successful O2O (offline to online) model to save costs up to 35%.

    With the help of the O2O model, the company has seen a lot of progress. The Paytm Mall’s business model is said to improve in the coming years. Here, customers can also scan codes using their smartphones to shop in their favourite shops. The company feels that these kind of things will help consumers more.

    The Paytm Mall login and interface is easy to use, so the visitors can turn into buyers. The Paytm Mall customer care is also responsive and solves the customer queries immediately. While the Paytm mall delivery time is said to be anywhere between 2-8 days, The Paytm Mall return policy is also available for the customers who want to exchange their products.

    A Paytm Mall advertisement

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    Paytm Mall – Revenue Model

    The Paytm Mall revenue has doubled its  in the year 2019. But after going through a loss in 2020 due to the pandemic, its again aiming towards increasing the revenue by three times in 2021. Paytm Mall spent Rs 2140 crores in 2019 to earn revenues of Rs 893 crores. Through brand promotions and shipping fees, the company earns a lot of money. Like Rs 66.7 crores and Rs 50.05 crores itself. The company also earned Rs 75.12 crores through mutual funds in the year 2019.

    The company’s revenue is also earned through advertisements and Paytm Mall offers. But in the year 2018, the company spent Rs 944.21 crores and earned Rs 317.22 crores in the year 2019.

    Paytm Mall – Funding And Investors

    Paytm Mall funding has raised a total amount of $795 million in just 3 funding rounds.

    Date Transaction Name Money Raised Lead Investor
    July 18, 2019 Corporate Round $150 million eBay
    June 2, 2018 Venture Round $445 million SoftBank Vision Fund
    March 3, 2017 Venture Round $200 million Alibaba Group

    The company has made 2 investments till date.


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    Paytm Mall – Growth

    The company is emerging as the preferred online to offline (O2O) platform across the country. It has seen more than 200% growth in the year 2019. To support and continue this growth the company has added more 200 people for the business in 2019. They are observing strong growth. And more improvement is required in the growth sector. Paytm Mall will consider getting listed on stock changes only after 2021 arrives.

    Paytm Mall – Competitors

    The top competitors of the company are Koovs.Com, Shopclues.Com and Snapdeal.

    • Koovs.Com is the topmost rival of Paytm Mall. The company was founded in 2009 in Haryana.
    • Shopclues.Com is one of the competitors of Paytm Mall. The company is headquartered in Haryana.
    • Snapdeal is also one of the competitors of Paytm Mall. It was founded in 2007 in New Delhi.

    Paytm Mall – Future Goals

    The company is aiming towards adding more workers by 2020. Along with technology, business and products, Paytm Mall is ensuring to its consumers that they will be getting a wide range of products and offers across online and offline stores.

    Paytm Mall – Latest News

    9th July 2021 – According to the media sources, some seniors Paytm executives have decided to quit before its anticipated $2.3 billion Initial Public Offering (IPO). This includes the president of Paytm Amit Nayyar and a few other executives, however the company is yet to find a replacement for the president.

    Earlier in the year, Paytm Mall continued to face  losses due to the covid 19 pandemic, however the company is looking to come out ahead with the help of its ‘End of Season Sale’ from June 25 to June 28 in 2021. The company will showcase best in class fashion collection from huge range of top international and national brands.

    For the Paytm Mall sale today, the company has partnered with Axis Bank, Bank of Baroda, IndusInd Bank for exclusive Paytm cashback deals on all debit and credit card transactions. The Paytm Mall sale is offering discounts from 50% to 80% on more than three lakh products in various category. The platform provides big savings with the help of Paytm mall promo code, deals, Paytm mall coupons and Paytm mall cashback rewards, etc.


    BigBasket Success Story – India’s Largest Online Grocer
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    Paytm – FAQs

    What is Paytm?

    Paytm Mall is an E-commerce platform. It helps you to find the latest mobiles online at the lowest prices. The company also provides its customers with the best deals, offers and cash backs.

    How does Paytm work?

    Paytm customers can pay, receive and shop with just a smartphone at zero extra cost. Users can simply scan the recipient’s QR code or entering their mobile number in the ‘Pay’ option in the Paytm app to instantly pay virtually anyone with a smartphone and the Paytm app.

    Who is the Founder of Paytm?

    The Paytm owner is Vijay Shekhar Sharma

    What is the benefit of Paytm?

    Paytm offers saving details for wallet, postpaid, saved UPIs, merchant gift vouchers, Paytm payments bank details.

    Is Paytm Mall safe?

    Yes, Paytm Mall app is safe as Each and every transaction at Paytm Mall is securely.

    Which country created Paytm?

    India

    Is Paytm a Chinese company?

    PayTM is completely Indian, it lists Ant Financial, a Chinese bigwig, as its major investor.

    How much is Paytm worth?

    The Paytm valuation according to the company IPO will be Rs 16,000 crore.

    What is the difference between Paytm mall and Paytm?

    Paytm Mall is an online shopping e-commerce website where as paytm is an eCommerce payment system where the users can engage in financial transactions.

    How can I create a paytm account?

    After the paytm app download, the users will need documents like the GST certificate and the Address proof of the registered business.

    How is Paytm Mall doing?

    Paytm Mall is doing good as it hit a GMV of $10 billion in FY 2019 based on its O2O strategy.