# Games2win

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/games2win

- Industry: Software
- Headquarters: Mumbai, India
- Website: www.games2win.com
- Total disclosed funding: $12M
- Latest round: Series D (Nov 27, 2015)
- Investors on record: 4

## About

Games2win is a mobile game publisher specializing in creating engaging and entertaining games that attract millions of users worldwide. The company focuses on casual gaming experiences that enhance user interaction and retention.Founded in 2005 in Mumbai, India, Games2win is a mobile game publisher offering a variety of games that cater to casual gamers. The company has a history of raising funding, including a notable Series D round in November 2015, securing INR 48.75 million from Clearstone Venture Partners. Alok Kejriwal and Mahesh Khambadkone are the founders, with Alok serving as the CEO. The company has raised a total of INR 48.75 million in funding, achieving a current valuation of INR 1840.264 million.Games2win is recognized for its diverse range of mobile games, which have collectively achieved over 460 million app downloads. The company focuses on creating interactive gaming experiences that appeal to casual gamers, with a monthly user base exceeding 12.5 million players. Key titles include "Driving Academy," "International Fashion Stylist," and "Super Wedding Stylist," available on both Android and iOS platforms, primarily targeting markets in North America, Europe, and Southeast Asia.In the most recent fiscal year 2023, Games2win reported a revenue of INR 4,870,393.50 and an EBITDA of INR 1,043,004.30. The company's revenue model is primarily based on in-app purchases and advertisements, enabling direct transactions with consumers through their mobile games while also collaborating with advertising networks for enhanced monetization.Games2win is focused on launching new products and expanding into new geographic markets. The company is in the process of developing additional mobile games to further diversify its offerings. Following the recent Series D funding round in November 2015, the company plans to utilize the raised capital to enhance game development and marketing efforts. Specific markets targeted for expansion include increased penetration into the Southeast Asian region by 2024.

## Funding rounds

- Series D, Nov 27, 2015, $0.7M — Clearstone Venture Partners
- Series C, Mar 25, 2013, $1.5M — Clearstone Venture Partners
- Series B, Mar 30, 2011, $6M — Clearstone Venture Partners, Silicon Valley Bank
- Series A, Apr 25, 2007, $4.2M — Clearstone Venture Partners, Silicon Valley Bank
- Seed, Dec 31, 2006 — ICICI Venture, Nexus Venture Partners

## Investors

- ICICI Venture (https://capitalatlas.ai/funds/icici-venture) — Seed
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Seed
- Clearstone Venture Partners (https://capitalatlas.ai/funds/clearstone-venture-partners) — Series A, Series B, Series C, Series D
- Silicon Valley Bank — Series A, Series B