Multi-game platform Games 24x7 has raised $75 million in a funding round led by Malabar Investment. The round also saw Tiger Global and Raine Group participation from existing investors.
The latest investment round makes it India’s most valuable multi-game platform, at a valuation of $2.5 billion, which also marks its entry into the unicorn club. Its offerings include RummyCircle (India’s largest online rummy game), My11Circle (India’s second-largest fantasy platform), and U Games (a portfolio of casual games).
This investment is a testimony not only to Games24x7’s performance but also to India’s immense potential as an online skill gaming market.