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Circle of Games - About the company

Circle of Games is a seed company based in Bengaluru (India), founded in 2022 by Rohit Tiwari, Rajeeb V C and Rabilal Thapa. It operates as a Developer of blockchain-based casual mobile games offering crypto rewards. Circle of Games has raised $1.54M in funding from Chingari, with a current valuation of ₹*****. The company has 140 active competitors, including 21 funded and 3 that have exited. Its top competitors include companies like InfiniGods, Gumi and Mythical.

Company Details

Developer of blockchain-based casual mobile games offering crypto rewards.The platform integrates Web3 technology into popular casual game titles, allowing users to earn cryptocurrency while playing. Games are developed with blockchain technology to ensure secure and transparent reward distribution. The company offers a diverse portfolio of games and is actively expanding its game library. Users can access and manage their crypto earnings through an integrated crypto wallet.
Social
X
Email ID
*****@circleofgames.com
Registered Address
Flat No 402/502,Krishvi Terrazzo no 253 1st Cross defence colony, Indira nagar, Bangalore, Bangalore, Karnataka, India, 560038
Key Metrics
Founded Year
2022
Location
Bengaluru, India
Stage
Seed
Total Funding
$1.54M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jun 01, 2022
Investors
Ranked
Employee Count
14 as on Aug 31, 2026
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Circle of Games's funding and investors

Circle of Games has raised a total funding of $1.54M over 3 rounds. Its first funding round was on Jun 01, 2022. Its latest funding round was a Seed round on Apr 17, 2024 for $*****. 2 investors participated in its latest round. Circle of Games has 3 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Circle of Games:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 17, 2024
8795411
Seed
2548869
6473525
8365113
6241270
Jul 08, 2022
4263330
Seed
3712439
5417797
6888686
7859172
Jun 01, 2022
4479609
Angel
1636191
7770794
3428227
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Circle of Games' founders and board of directors

Founder? Claim Profile
The founders of Circle of Games are Rohit Tiwari, Rajeeb V C and Rabilal Thapa.
Here are the details of Circle of Games' key team members:

Circle of Games' Board of Directors

Circle of Games's board has 3 active members. Rohit Tiwari, Rajeeb V C and Rabilal Thapa are part of team.
Here is the list of Circle of Games' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 5m
Team
-
Current
4y 0m
Team
-
Current
4y 5m

Circle of Games' employee count trend

Circle of Games has 14 employees as of Aug 26. Here is Circle of Games's employee count trend over the years:
Employee count trend for Circle of Games
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Circle of Games's Competitors and alternates

Top competitors of Circle of Games include InfiniGods, Gumi and Mythical. Here is the list of Top 10 competitors of Circle of Games, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for InfiniGods
InfiniGods
2021, Austin (United States), Series A
Developer of web3 games
$17M
68/100
2nd
Logo for Gumi
Gumi
2007, Tokyo (Japan), Public
Developer of mobile online games and blockchain technology solutions
$94M
67/100
3rd
Logo for Mythical
Mythical
2018, Los Angeles (United States), Series C
Developer of games and a platform for secondary in-game economies
$317M
61/100
4th
Logo for RealGo
RealGo
Melbourne (Australia), Series A
Developer of augmented reality game incorporating location-based gameplay and Web3
$9.5M
55/100
5th
Logo for WAM
WAM
2018, Cluj napoca (Romania), Funding Raised
Provider of play-to-earn gaming platform
-
45/100
6th
Logo for Circle of Games
Circle of Games
2022, Bengaluru (India), Seed
Developer of blockchain-based casual mobile games offering crypto rewards
$1.54M
44/100
7th
Logo for Idlemine
Idlemine
2021, Kazakhstan, Unfunded
Provider of mobile-based Play2Earn game
-
-
44/100
8th
Logo for Gunstar
Gunstar
2021, Singapore (Singapore), Seed
Provider of a blockchain-based play-to-earn game for mobile and PC
$2.3M
41/100
9th
Logo for Formacar
Formacar
2022, Dubai (United Arab Emirates), Unfunded
Provider of block-chain-based car racing game
-
-
40/100
10th
Logo for RaceFi
RaceFi
2021, Vietnam, Seed
Provider of an AI and blockchain-based fantasy car racing platform
$2.9M
40/100
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Circle of Games's Latest cap tables and shareholding

Founders (largest shareholder) own 67.40%, Enterprises own 2.82%, Angels own 16.30% and ESOP Pool own 13.48%. The net worth of Circle of Games's founders is INR 46.7Cr as of Jul 08, 2022. The cap table displayed below is for CAPITAL SOURCE TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Circle of Games.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
67.40%
46.7Cr
5109451
2685912
4433483
9510364
1875666
6883652
3274464
7807419
2123095
3784710
5017345
8490340
9412259
2841082
8433099
2623803
1197712
6887751
2362346
8238047
8709611
3667787
Enterprise
2.82%
1.95Cr
23
96
38
60
Angel
16.30%
11.3Cr
3140912
3313341
3607978
2886100
2694663
8585974
2784324
3207434
4966770
4995079
ESOP Pool
13.48%
9.33Cr
7864553
8843940
7936347
4966376
Total
100.00%
69.2Cr
6867576
8980202
2016833
7907566
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Circle of Games's Investments and acquisitions

Circle of Games has made no investments or acquisitions yet.

Reports related to Circle of Games

Here is the latest report on Circle of Games's sector:

News related to Circle of Games

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FAQs about Circle of Games

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