games24x7 company

Here’s an article on 《games24x7 company》: Games24x7, also known as 24x7 Gaming Private Limited, is an Indian online gaming company that was founded in 2006 by Dhruva Konthoujam and Preeti Reddy. The company has gained significant attention for its diverse range of online games, engaging community, and innovative approach to the gaming industry. Types of Games Offered Games24x7 offers a variety of online games across multiple platforms, including: Fantasy Sports The company’s flagship product is RummyCircle, which provides users with an immersive experience in card games like rummy.

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games24x7 company

Here’s an article on 《games24x7 company》:

Games24x7, also known as 24x7 Gaming Private Limited, is an Indian online gaming company that was founded in 2006 by Dhruva Konthoujam and Preeti Reddy. The company has gained significant attention for its diverse range of online games, engaging community, and innovative approach to the gaming industry.

Types of Games Offered

Games24x7 offers a variety of online games across multiple platforms, including:

Fantasy Sports

• The company’s flagship product is RummyCircle, which provides users with an immersive experience in card games like rummy.
• Users can also enjoy fantasy sports, such as cricket and football, by creating their own teams and competing against others.

Online Gaming Platform

• Games24x7 has its own online gaming platform where players can enjoy a range of games, including poker, rummy, and other card-based games.
• The platform allows users to compete against each other in real-time and offers rewards for winning matches or tournaments.

Business Model

Games24x7 operates on a freemium model, which means that most of the company’s games are free to download and play. However, users can also purchase virtual currency or participate in tournaments to win cash prizes.

Team

• Games24x7 has a team of experienced professionals who are passionate about gaming.
• The team includes game developers, designers, marketers, and customer support specialists working together to create engaging experiences for players.

Partnerships

Games24x7 has partnered with several well-known brands in the entertainment industry, including:

Brands

• Bollywood celebrities such as Ranbir Kapoor have endorsed Games24x7’s games.
• The company has also collaborated with popular gaming influencers and content creators to promote its products.

Expansion Plans

In recent years, Games24x7 has been expanding its operations across India. The company plans to increase its presence in the country through strategic partnerships, innovative marketing campaigns, and a focus on customer satisfaction.

Future Developments

• Games24x7 aims to launch more games and features that cater to diverse player preferences.
• The company is also exploring opportunities to expand into new markets and geographies.

In conclusion, Games24x7 has established itself as a significant player in the Indian online gaming industry. With its diverse range of games, engaging community, and innovative approach, the company continues to grow and evolve, expanding its presence across India and beyond.

games24x7 crunchbase

## Introduction Games24x7, a renowned gaming company, has been making waves in the industry. Founded by Aneesh Chandra Reddy in 2013, this Indian startup has grown exponentially over the years, capturing the attention of investors and gamers alike. This article will delve into the world of Games24x7, exploring its growth story, major milestones, funding, and more. ## Background Established on October 2, 2013, Games24x7 is headquartered in Gurgaon, India. The company’s primary focus lies in creating engaging gaming experiences for users across various platforms, including mobile devices, desktop computers, and online portals. With a diverse team of professionals and an innovative approach to game development, Games24x7 has successfully built a strong brand presence in the industry. ## Business Overview As a pioneer in the Indian gaming landscape, Games24x7 operates through multiple channels:

• Online Portals: The company’s flagship platform, Pocket52, offers a wide range of games, from casino-style games to skill-based ones.
• Mobile Apps: Games24x7 has developed several mobile apps that cater to diverse gaming needs, including fantasy sports, e-sports, and online gaming.

Major Milestones

Games24x7 has achieved significant milestones since its inception:

1. Awards and Recognition:
   • Winner of the ‘Best Gaming Company’ award at the Indian Gaming Awards 2018.
2. Funding: The company secured a substantial amount from investors, including a Series D funding round in 2020 that raised $50 million.
3. Partnerships:
   • Partnership with the popular fantasy sports platform, Dream11, for co-creating skill-based games.

Team and Management

The leadership team behind Games24x7 includes:

• Aneesh Chandra Reddy: Founder and CEO of the company.
• Siddharth Varma: Co-founder and Chief Operating Officer (COO) at Games24x7.

Funding and Investors

Games24x7 has received significant funding from prominent investors, including:

1. TSG Consumer Partners:
   • A leading consumer-focused private equity firm that invested in the company.
2. Kalaari Capital:
   • An Indian venture capital firm that participated in Games24x7’s funding rounds.

Games24x7 has come a long way since its inception in 2013, driven by innovative game development and strategic partnerships. The company continues to grow, expanding its reach into the gaming industry with new projects and initiatives.

games24x7 revenue

Overview of Games24x7

Games24x7 is a leading online gaming platform in India, known for its diverse array of games and services. Established in 2006, the company has grown significantly over the years, expanding its reach to millions of customers across the country.

Revenue Streams

Games24x7 generates revenue through various channels:

Online Gaming Revenue

• The primary source of income is from online gaming transactions, including deposits, bets, and other game-related activities. • The platform offers a wide range of games, such as poker, rummy, fantasy sports, and more.

Commission-based Model

• Games24x7 operates on a commission-based model, earning a percentage of the total transaction value for each game played or bet placed. • This model incentivizes players to engage with the platform, generating revenue for the company.

Partnerships and Collaborations

• The company partners with other gaming platforms, technology providers, and content creators to expand its offerings and reach new audiences. • These collaborations often involve revenue-sharing agreements, further increasing Games24x7’s earnings.

Revenue Breakdown

Games24x7’s revenue breakdown is structured as follows:

Q1-Q2:

• 60% - 70% from online gaming transactions • 20% - 30% from commission-based model • 5% - 10% from partnerships and collaborations

Q3-Q4:

• 55% - 65% from online gaming transactions • 25% - 35% from commission-based model • 10% - 15% from partnerships and collaborations

Factors Affecting Revenue

Several factors impact Games24x7’s revenue, including:

• Player Engagement: The company’s revenue is directly correlated with player engagement. Higher engagement rates lead to increased transactions and revenue. • Market Competition: As the online gaming market becomes increasingly competitive, Games24x7 must adapt its strategies to stay ahead of rivals. • Regulatory Changes: Regulatory updates can either positively or negatively impact Games24x7’s revenue. The company must navigate these changes effectively to maintain its growth trajectory.

Conclusion

Games24x7 has established itself as a significant player in the Indian online gaming industry, with a robust revenue model and diverse revenue streams. By understanding the company’s revenue dynamics and factors affecting it, stakeholders can better appreciate the challenges and opportunities that lie ahead for Games24x7.

play games24x7 p ltd

Introduction

Play Games24x7 Pvt Ltd is a leading name in the online entertainment industry, specializing in games, gambling, and sports betting. Established with a vision to provide unparalleled gaming experiences, the company has grown to become a significant player in the global market. This article delves into the history, offerings, and impact of Play Games24x7 Pvt Ltd.

History and Evolution

Founding

Play Games24x7 Pvt Ltd was founded in 2006 by Trivikraman Thampy and Bhavin Pandya. The founders aimed to create a platform that would revolutionize the way people engage with online games and entertainment.

Growth and Expansion

Over the years, the company has expanded its portfolio to include a wide range of games, including RummyCircle, My11Circle, and the popular fantasy sports platform, My11Circle. The company’s commitment to innovation and customer satisfaction has driven its growth and market presence.

Key Offerings

RummyCircle

• Description: RummyCircle is one of India’s largest online rummy platforms, offering a variety of rummy games.
• Features:
  • Multiple game formats (Pool, Points, Deals)
  • Secure and fair gameplay
  • Attractive bonuses and rewards

My11Circle

• Description: My11Circle is a fantasy sports platform that allows users to create their own teams and compete against others.
• Features:
  • Wide range of sports (Cricket, Football, Kabaddi)
  • User-friendly interface
  • Regular contests and tournaments

Casino Games

• Description: Play Games24x7 also offers a variety of casino games, including baccarat, electronic slot machines, and more.
• Features:
  • High-quality graphics and sound
  • Multiple betting options
  • Live dealer games for an authentic casino experience

Market Impact

Innovation

Play Games24x7 Pvt Ltd has been at the forefront of innovation in the online gaming industry. The company’s focus on developing unique and engaging games has set it apart from competitors.

Customer Satisfaction

The company places a strong emphasis on customer satisfaction, offering ²⁴⁄₇ customer support, secure payment options, and regular updates to enhance the user experience.

Social Responsibility

Play Games24x7 Pvt Ltd is committed to responsible gaming. The company implements strict measures to ensure that its platforms are used responsibly and provides resources for those who may need help with gambling addiction.

Future Outlook

Expansion Plans

The company is looking to expand its global footprint by entering new markets and introducing new games and features.

Technological Advancements

Play Games24x7 Pvt Ltd is investing in cutting-edge technology to enhance its platforms, including AI-driven recommendations and virtual reality experiences.

Play Games24x7 Pvt Ltd has established itself as a leader in the online entertainment industry through its innovative offerings, commitment to customer satisfaction, and focus on social responsibility. As the company continues to grow and evolve, it is poised to remain a key player in the global market.

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