# Qyk

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

- Industry: Internet
- Headquarters: Bangalore, India
- Website: www.qykapp.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Mar 13, 2017)
- Investors on record: 3

## About

Qyk is a digital gaming company based in Bangalore, India, specializing in online slot games that offer engaging gameplay and various winning opportunities for players.Founded by Anubhav Sahoo, Qyk operates from its headquarters in Bangalore, India, focusing on developing and delivering online gaming experiences. In March 2017, the company raised INR 6.00 mn in Seed funding from GrowX Ventures and Tracxn Labs, totaling INR 6.00 mn raised to date. The latest investment round reflects the company’s commitment to enhancing its gaming portfolio and expanding market reach.Qyk specializes in offering a range of online slot games designed to deliver high entertainment value and significant winning opportunities for players. Their core product lineup features slot games with easy gameplay and generous bonus structures, including free spins, progressive jackpots, and various special bonuses. These games are engineered to increase player engagement by providing frequent payout opportunities, appealing to both casual players and serious gamblers. Their products are primarily marketed in Southeast Asia, focusing on regions with a strong interest in online gaming.In the most recent year, Qyk reported a revenue of INR 0 mn and an EBITDA of -INR 1,172.6 mn for 2019, indicating the company's financial performance amidst its development phase in the online gaming industry.Qyk's strategy for future growth includes launching new online slot games aimed at enhancing user engagement and expanding into additional markets. The company plans to target new geographic regions by leveraging its recent Seed funding of INR 6.00 mn raised in March 2017, which will be utilized to support these initiatives and strengthen its market presence.

## Funding rounds

- Seed, Mar 13, 2017, $0.1M — GrowX Ventures, Tracxn Labs
- Seed, Aug 25, 2015, $1M — GrowX Ventures, Powai Lake Ventures, Tracxn Labs

## Investors

- GrowX Ventures (https://capitalatlas.ai/funds/growx-ventures) — Seed
- Powai Lake Ventures (https://capitalatlas.ai/funds/powai-lake-ventures) — Seed
- Tracxn Labs — Seed