When was Circle of Games founded?

Circle of Games was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is Circle of Games located?

Circle of Games is headquartered in Bengaluru, India. It is registered at Flat No 402/502,Krishvi Terrazzo no 253 1st Cross defence colony, Indira nagar, Bangalore, Bangalore, Karnataka, India, 560038.

Which legal entities is Circle of Games associated with?

Circle of Games is associated with CAPITAL SOURCE TECHNOLOGIES PRIVATE LIMITED.

How many employees does Circle of Games have?

As of Mar 31, 2026, the latest employee count at Circle of Games is 16.

Is Circle of Games a funded company?

Circle of Games is a funded company, having raised a total of $1.54M across 3 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jun 01, 2022.

How much is Circle of Games worth?

The latest valuation of Circle of Games is ₹***** as of Jun 01, 2022.

When was the latest funding round of Circle of Games?

Circle of Games' latest funding was a $***** Seed round on Apr 17, 2024, with participation from 2 investors.

Where does Circle of Games rank among its competitors?

Circle of Games ranks 4th amongst 98 active competitors, of which 19 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was InfiniGods, which secured $8M in Apr, 2024.

Who are the top competitors of Circle of Games?

Circle of Games' top competitors include Gumi, Mythical and InfiniGods. Among them, InfiniGods secured the most recent funding round in April, 2024.

Circle of Games - 2026 Company Profile, Team, Funding & Competitors

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.

Website: circleofgames.com
Social
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

Seed, Apr 17, 2024, $*****

Post Money Valuation

₹***** as on Jun 01, 2022

Investors

Chingari & 4 more

Ranked

4^th among 98 active competitors

Employee Count

16 as on Mar 31, 2026

Similar Companies

Gumi & 117 more

View Circle of Games' full profile

Circle of Games is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CAPITAL SOURCE TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2022PTC160638 , India, Active	Apr 28, 2022	-	9 (As on May 01, 2024)

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	2871712	Seed	8914755	5331322	4504402	7590424
Jul 08, 2022	6902872	Seed	7510504	9137640	1213206	7749953
Jun 01, 2022	9330078	Angel	9684796	2075581	Sumit Ghosh	6019360

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View details of Circle of Games's funding rounds and investors

The founders of Circle of Games are Rajeeb V C, Rabilal Thapa and Rohit Tiwari.

Here are the details of Circle of Games' key team members:

Rajeeb V C: Co-Founder & CTO of Circle of Games. They serve on the board of 1 company.
Contact Info: 1 email address
Rabilal Thapa: Co-Founder & COO of Circle of Games. They serve on the board of 1 company.
Contact Info: 1 email address
Rohit Tiwari: Co-Founder/CMO of Circle of Games. They serve on the board of 1 company.

Circle of Games' Board of Directors

Circle of Games's board has 3 active members. Rajeeb V C, Rabilal Thapa and Rohit Tiwari are part of team.

Here is the list of Circle of Games' board of directors:

Name	Type	Representing	Status	Duration
Rajeeb V C	Team	-	Current	3y 6m
Rabilal Thapa	Team	-	Current	3y 11m
Rohit Tiwari	Team	-	Current	3y 11m

View details of Circle of Games's Founder profiles and Board Members

Circle of Games' employee count trend

Circle of Games has 16 employees as of Mar 26. Here is Circle of Games's employee count trend over the years:

Employee count trend for Circle of Games

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Top competitors of Circle of Games include Gumi, Mythical and InfiniGods. 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	Gumi 2007, Tokyo (Japan), Public	Developer of mobile online games and blockchain technology solutions	$94M	Sega, JAFCO Group & 19 others	70/100
2nd	Mythical 2018, Los Angeles (United States), Series C	Developer of games and a platform for secondary in-game economies	$317M	ARK Investment Management, Gaingels & 37 others	61/100
3rd	InfiniGods 2021, Austin (United States), Series A	Developer of web3 games	$17M	Pantera Capital, Framework Ventures & 5 others	55/100
4th	Circle of Games 2022, Bengaluru (India), Seed	Developer of blockchain-based casual mobile games offering crypto rewards	$1.54M	Nazara, Hashgraph & 3 others	57/100
5th	Pegaxy 2021, Hanoi (Vietnam), Funding Raised	Provider of blockchain-based play to earn horse racing game	-	Coincu Ventures, Avstar & 3 others	45/100
6th	Idlemine 2021, Kazakhstan, Unfunded	Provider of mobile-based Play2Earn game	-	-	44/100
7th	RaceFi 2021, Vietnam, Seed	Provider of an AI and blockchain-based fantasy car racing platform	$2.9M	Exnetwork Capital, idoresearch.ventures & 22 others	41/100
8th	Gunstar 2021, Singapore (Singapore), Seed	Provider of a blockchain-based play-to-earn game for mobile and PC	$2.3M	Wing Venture Capital, Raptor Capital & 11 others	41/100
9th	Formacar 2022, Dubai (United Arab Emirates), Unfunded	Provider of block-chain-based car racing game	-	-	41/100
10th	Polker 2019, Gzira (Malta), Funding Raised	Blockchain-based play-to-earn poker game	-	-	40/100

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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.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	67.40%	46.7Cr	5959548	7205818	6178802	6225212
Rohit Tiwari	6146045	4143621	1355541	1732074	9411804	7637015
Rabilal Thapa	3178665	6293725	9663023	6346520	7732964	1297775
Rajeeb V C	6882521	4980511	1875525	7520584	4947635	6395169
Enterprise	2.82%	1.95Cr	78	30	40	59
Angel	16.30%	11.3Cr	2532197	9878871	3272613	3221031
Sumit Ghosh	6280084	5014929	1839862	5776898	6055163	6747684
ESOP Pool	13.48%	9.33Cr	4603559	3753550	7754814	3847210
Total	100.00%	69.2Cr	3726340	5552600	7086031	1182770