# PlaySimple Games Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/playsimple-games-private

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.playsimple.in
- Total disclosed funding: $4.5M
- Latest round: Series A (Nov 11, 2016)
- Investors on record: 3

## About

Founded in 2014 and based in Bangalore, India, PlaySimple Games Private Limited is a digital entertainment company that develops social games for mobile applications. CEO Siddharth Jain, Preeti Reddy, Siddhanth Jain, and Suraj Nalin co-founded the company and have raised venture capital fundings from private equity investors, including Chiratae Ventures, IDG Capital, and SAIF Partners. In July 2021, Modern Times Group (MTG) agreed to acquire PlaySimple Games Private Limited for approximately USD 360 million in cash and stocks.

The company's development team uses technology and analysis infrastructure to provide individuals with mobile gaming applications on Android and iOS. PlaySimpls's portfolio of games includes Word Trip, Crossword Jam, Word Wars, and Solitaire.

In the first half of 2021, The company generated over USD 60 million in revenue.

Following the July 2021 acquisition, PlaySimple Games plans to leverage its proprietary technology across MTG’s gaming portfolio, expanding into the European market, and building new games.

## Funding rounds

- Series A, Nov 11, 2016, $4M — SAIF Partners, IDG Capital, Chiratae Ventures
- Seed, Dec 20, 2014, $0.5M — Chiratae Ventures

## Investors

- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Seed, Series A
- SAIF Partners (https://capitalatlas.ai/funds/saif-partners) — Series A
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A