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Games24x7 raises $75 mn from Tiger Global, others at $2.5-bn valuation

Mumbai-headquartered firm owns popular gaming platforms such as RummyCircle (India's largest online rummy game), My11Circle and U Games

Games24x7
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Games24x7

Shivani Shinde Mumbai
Gaming platform Games24x7 has raised $75 million in a recent funding round, led by Malabar Investment, taking the valuation to $2.5 billion. This will now be India’s most valuable multi-gaming platform.

The latest funding round included participation by existing investors Tiger Global and Raine Group.
 
Tiger had earlier invested in the company in 2011 and 2012 and Raine did their first round of investment in 2019.

Games24x7 owns popular gaming platforms such as RummyCircle (India’s largest online rummy game), My11Circle (India’s second largest fantasy platform) and U Games (a portfolio of casual games). 
 
Mumbai-headquartered Games24x7 has offices in Bengaluru, New Delhi, Miami,

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First Published: Mar 30 2022 | 6:26 PM IST

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