Games24x7 raises $75 Mn to enter unicorn club

Multi gaming platform Games24x7 has raised $75 million, the company announced on Wednesday. The firm develops RummyCircle, a hugely popular game that has over 30 million players, according to its website.

This round was led by Malabar Investment, and included participation by existing investors like Tiger Global and Raine Group. Tiger had earlier invested in the company in 2011 and 2012 and Raine did their first round of investment in 2019.

The company has raised the fresh funds at a valuation of $2.5 billion valuation, becoming the 14th unicorn in 2022.

https://entrackr.com/2022/03/games24x7-raises-75-mn-to-enter-unicorn-club/
Games24x7 raises $75 Mn to enter unicorn club Multi gaming platform Games24x7 has raised $75 million, the company announced on Wednesday. The firm develops RummyCircle, a hugely popular game that has over 30 million players, according to its website. This round was led by Malabar Investment, and included participation by existing investors like Tiger Global and Raine Group. Tiger had earlier invested in the company in 2011 and 2012 and Raine did their first round of investment in 2019. The company has raised the fresh funds at a valuation of $2.5 billion valuation, becoming the 14th unicorn in 2022. https://entrackr.com/2022/03/games24x7-raises-75-mn-to-enter-unicorn-club/
ENTRACKR.COM
Games24x7 raises $75 Mn to enter unicorn club
Multi gaming platform Games24x7 has raised $75 million in a new round led by Malabar Investment at a valuation of $2.5 billion.
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