Chennai, Aug 14: Junglee Games, one of India’s largest gaming companies announced that the company has achieved year-on-year growth of 80 per cent to 100 per cent since its launch in 2012. The company, which currently has a user base of 25 million, aims to reach 40-50 million users by the end of FY 2019-2020.
Junglee Rummy, the flagship game of the company, is very popular with Indian consumers. The online Real Money Gaming (RMG) market in India is estimated to be worth around Rs 2,200 crores, and its growth rate is pegged at 30 per cent per annum. In India, online Rummy has a huge share of the gaming market, followed by fantasy sports and poker respectively. A skill-based game, Rummy has seen tremendous growth in its online variant in recent years.
Commenting on the popularity of the company, founder and CEO of Junglee Games, Ankush Gera said, “From 2013 to 2019, we’ve close to doubled in revenues and headcount every year. The company has seen positive exponential growth year on year because of the huge response and engagement we have garnered from our users.”
He added, “We are very excited to launch new skill-based games this year that don’t exist in the market today. We are expanding our team to build a leading skill-based gaming platform of the world.” Founded in 2012, the company operates from San Francisco and Delhi, and has teams in San Francisco, Hong Kong, India, Vancouver, Argentina, and Poland.