Top 10 Gaming Startups in India | Best Indian Gaming Companies in 2022

Anagha S Anagha S
Jul 19, 2022 7 min read
Top 10 Gaming Startups in India | Best Indian Gaming Companies in 2022

The digital revolution in India has fueled the gaming industry of India tremendously. 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 is expected to increase manifold over the years.

It is expected that by the end of 2021 online gaming market is expected to cross $1 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.

The improvements in the penetration of smartphones, low latency, improved bandwidth of the internet have all contributed to this boom. This article will introduce some top gaming startups in India.

Revenue Earnings by Indian Gaming Companies
  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

Dream11

Founded: 2008
Founder: Harsh Jain and Bhavit Sheth
Headquarters: Mumbai, Maharashtra

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

Founded in 2012, Dream 11 is one of Indiaโ€™s first mobile-based companies that introduced sports like cricket, kabaddi, football, basketball, hockey etc. It is the first Indian company in the gaming industry to gain a unicorn status in 2019. In August 2020, they won the title sponsorship for the Indian Premier League 2020. They have also had partnerships with ICC, Pro Kabaddi League and International Hockey Association.


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Nazara Technologies

Founded: 1999
Founder: Nitish Mittersain
Headquarters: Mumbai, Maharashtra

Nazara Technologies - Top gaming startups in India
Nazara Technologies - Top gaming startups in India

Nazara Technologies has multiple segments like subscription, freemium, e-sports and skill-based gaming was founded by Nitesh Mittersain in 1999. They render services to over 64 countries. It has been on a steady growth path and it has acquired many companies like NODWIN Gaming, Sportskeeda etc. on its way. Today Nazara Technologies has more than 100 million users and is planning to go public.

Paytm First Games

Founded: 2018
Founder: Vijay Shekhar Sharma
Headquarters: Noida, Uttar Pradesh

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

Earlier known as Gamepind, Paytm First Games is a joint venture between Paytm and Ali babaโ€™s AGTech holdings. 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. They have also partnered with Esports.

Games2Win

Founded: 2005
Founder: Alok Kejriwal and Mahesh Khambadkone
Headquarters: Mumbai, Maharashtra

Games2Win - Top gaming startups in India
Games2Win - Top gaming startups in India

Based in Mumbai, it is one of the worldโ€™s largest mobile game publishers with more than 175 million app downloads. Founded in 2005, 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.

Moonfrog Labs

Founded: 2013
Founder: Tanay Tayal, Kumar Puspesh, and Ankit Jain
Headquarters: Bangalore, Karnataka

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

This online gaming startup was a result of the sweat and blood of a group of friends who were colleagues in 2013. Their card-based game named Teen Patti Gold became very popular since its launch itself with more than 20 million downloads. This startup launched an online game that was based on the Bollywood actress Alia Bhatt.

It was Indiaโ€™s first narrative adventure game. They did not stop with that. They also launched Indiaโ€™s first war strategy game after the popular movie Baahubali.

99 Games

Founded: 2008
Founder: Rohith Bhat
Headquarters: Udupi, Karnataka

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

It 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. ย 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

Founded: 2006
Founder: Saurabh Agarwal
Headquarters: New Delhi

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

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. The Delhi-based company has even received $15 million in funding from Sequoia Capital in 2014.


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JetSynthesys

Founded: 2014
Founder: Rajan Navani
Headquarters: Pune, Maharashtra

JetSynthesys - Top gaming startups in India
JetSynthesys - Top gaming startups in India

It is a game development company that was founded in 2014 by Rajan Navani. They are part of the larger Jet Line Group, a company that has established its brand in various fields like fintech, digital media etc.

They are pioneers in the field of celebrity-based gaming experience. A few of their games are Sachin Saga Cricket Champions, Being Salman, and Bajrangi Bhaijaan. They continue to expand and explore newer avenues of gaming like VR games. They have already launched the VR version of Sachin Saga Cricket Champions.

Hashcube

Founded: 2008
Founder: Ramprasad Rajendran and Deepan Chakravarthy
Headquarters: Bengaluru, Karnataka

Hashcube - Top gaming startups 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. It was launched in 2008 by Deepan Chakravarthy and Ramprasad Rajendra. Available on iOS App Store, Google Play Store or Facebook, they have expanded their range to games like Sudoku Quest, Gummy Pop and DotGame. Their Sudoku Quest is one of the most popular game sites to come out of India with more than 2 million players.


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Mech Mocha

Founded: 2015
Founder: Arpita Kapoor and Mohit Rangaraju
Headquarters: Bangalore, Karnataka

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

FAQs

How many gaming companies are there in India?

There are over 400 gaming companies in India as of 2022.

What is the future of the gaming industry in India?

The gaming industry in India is bright in terms of revenue. According to Deloitte, the CAGR of the gaming sector is expected to grow by 40% to $2.8 billion by the year 2022.

Which is the biggest gaming company in India?

Octro Inc. is one of India's biggest Gaming companies that has developed famous games like Indian Rummy and Tambola House.

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

Which is the leading Game app development company in India?

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

Which is 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

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