India’s gaming industry has entered a transformative phase in 2025. With accelerating smartphone penetration, 5G rollout, lower development costs and evolving monetisation models, India is rapidly becoming a global gaming hub. According to one estimate, India’s gaming sector in 2025 is projected to hit around US $10 billion in revenue.
Against this backdrop, below is a curated list of 24 leading gaming companies in India (in no particular order) that deserve attention — whether you’re an investor, developer, gamer, or business looking to partner.
1. Nazara Technologies (Mumbai)
A publicly-listed Indian gaming & sports media platform. Known for mobile games like World Cricket Championship and foraying into e-sports, gamified learning and early-learning games.
Why it stands out: Diversified across gaming segments, lists on stock exchanges, active in acquisitions and global markets.
Key focus: Mobile gaming + e-sports + educational gaming.
2. Mobile Premier League (Bengaluru)
One of India’s well-known mobile gaming platforms offering casual, board, fantasy and sports-games.
Why it stands out: Has achieved unicorn status, wide variety of games, strong brand recognition.
Key focus: Casual + fantasy + global expansion.
3. WinZO (New Delhi)
A mobile gaming platform emphasising vernacular (regional-language) reach, with hundreds of games across genres.
Why it stands out: Focus on Tier 2/3 cities, regional languages, large user base rapidly growing.
Key focus: Multiplayer casual games in regional languages.
4. Zupee (Gurugram)
Specialises in skill-based casual games (like Ludo, Snakes & Ladders) with modern twists. decentro.tech+1
Why it stands out: Simplicity of concept, wide appeal among casual gamers, quick growth beyond metros.
Key focus: Casual skill-games for mainstream audience.
5. Junglee Games
A platform known for skill-based games such as Rummy, Poker and casual titles.
Why it stands out: Strong foothold in social + skill gaming, large registered user base.
Key focus: Skill games + social-gaming.
6. Games24x7 (Mumbai)
Operates platforms like RummyCircle (online rummy) and My11Circle (fantasy sports).
Why it stands out: Valuation of ~$2.5 billion and backing from major investors.
Key focus: Skill gaming + fantasy sports.
7. Octro (Noida)
Developer of popular Indian-themed card and casino games (e.g., Teen Patti, Indian Rummy).
Why it stands out: Cultural fit (Indian formats), high downloads, strong multiplayer mechanics.
Key focus: Card games + social multiplayer.
8. Moonfrog Labs (Bengaluru)
Creates casual + strategy mobile games adapted for Indian audiences (ex: Ludo Club). Abhiwan Technology
Why it stands out: Localised content, deep user-engagement in mobile.
Key focus: Casual mobile games with mass appeal.
9. 99Games (Udupi)
Known for simulation and casual-genre mobile games, global reach.
Why it stands out: Smaller city origin, yet strong download numbers and international footprint.
Key focus: Simulation & casual mobile games.
10. JetSynthesys (Pune)
Mobile gaming & digital entertainment firm; known for celebrity-based mobile games (Sachin Saga etc.).
Why it stands out: Unique positioning using celebrity IP, bridging entertainment + gaming.
Key focus: Mobile games with entertainment tie-ins.
11. Abhiwan Technology (Noida)
Game-development studio specialising in 2D/3D, blockchain games, metaverse & casino titles.
Why it stands out: Future-oriented tech (blockchain, AR/VR), large B2B client base.
Key focus: Game development services, emerging tech.
12. Juego Studios (Bengaluru)
A game-dev studio offering 2D/3D games, console and VR titles; clientele across global markets.
Why it stands out: AAA-style development capabilities from India.
Key focus: Outsourced and original game development.
13. Krafton India (India operation of Korean firm)
Although global in origin, its Indian operations are significant – especially due to titles like BGMI. (Mentioned in recent news)
Why it stands out: Strong global IP, large user base in India, big investments.
Key focus: Console/PC/mobile games with global footprint.
14. Delta Corp Ltd.
India’s listed company involved in casino gaming as well as online skill-gaming segments.
Why it stands out: Unique listed exposure to gaming, bridging offline & online gaming.
Key focus: Casino + online skill gaming.
15. Paytm First Games
The gaming arm of a major Indian fintech brand, offering fantasy & casual games.
Why it stands out: Backed by strong payments-brand, large user base potential.
Key focus: Fantasy sports + casual gaming.
16. Halaplay
Platform enabling users to win money/prizes based on athlete performance during live matches.
Why it stands out: Live event–based engagement and prize incentives.
Key focus: Live fantasy + athlete-performance games.
17. PokerBaazi
Indian platform focussed on poker and online skill-games. Mentioned in various top-lists.
Why it stands out: Strong niche in poker / skill gaming segments.
Key focus: Poker + skill-based multiplayer games.
18. Angel Broking–Gaming Tie‑up
While not a pure gaming company, fintech/brokerage firms partnering with gaming platforms (for e-sports/fantasy) are gaining traction — indicative of ecosystem expansion. (Note: This is more of a trend mention than a full company)
Why it stands out: Shows how adjacent sectors are entering gaming.
Key focus: Fintech + gaming collaboration.
19. OnMobile Global Ltd.
Provides mobile entertainment services globally and in India; finger in gaming business (though not purely).
Why it stands out: Legacy mobile-content provider adapting to gaming.
Key focus: Mobile entertainment + gaming services.
20. Zensar Technologies Ltd.
An IT services company supporting gaming infrastructure (cloud, testing, backend). Though not a pure gaming publisher, important to the ecosystem.
Why it stands out: Enables gaming firms to scale, manage infrastructure and tech.
Key focus: Infrastructure, backend services for gaming.
21. Upthrust Esports
Gaming/Esports-startup listed among interest areas in India.
Why it stands out: Reflects growth of e-sports and competitive gaming ecosystem in India.
Key focus: Esports tournaments, team management, events.
22. Fynd‑Gaming Division
Again, a tech firm branching into gaming; shows cross-industry transfers into gaming. (From BuiltIn India list)
Why it stands out: Demonstrates how non-pure gaming firms are entering this space.
Key focus: Cross-platform and Web3 gaming solutions.
23. Juego Studio (Alternate listing for emphasis)
Given its strong presence, we mention it again emphasising its global export capabilities (see earlier).
Why it stands out: India as export hub for game development.
Key focus: Outsourcing & IP development.
24. Moonshine Technology / PokerBaazi Group
Parent of PokerBaazi, acquired by Nazara; active in skill-based real-money gaming aspects.
Why it stands out: Reflects consolidation in Indian gaming industry and investment appetite.
Key focus: Skill gaming, real‐money formats (subject to regulatory changes).
