India is very welcoming to start-up companies. The nation is producing successful entrepreneurs across a range of different sectors.
Many of them are going into the games industry, though. That is a smart move because the Indian gaming market is massive and lucrative.
By the end of last year, it had become the largest in the world. There are now 568 million active gamers in India.
Gaming apps have been downloaded by 9.5 billion people, which adds up to US$2.2 billion in revenue. It is a thriving market that offers many opportunities for the right companies.
This article will list the best and fastest-growing game companies in India.
1. Nazara
Nazara is a gaming company based in Mumbai. It was founded there 24 years ago and has been enjoying steady growth ever since.
It provides a mixture of casual gaming for mobile players and competitive e-sports leagues, which is a very canny offer within the modern Indian gaming sector.
Mobile gaming accounts for 90% of India's gaming revenue.
The company, which is focused on mobile games, is well set for growth. Interest in competitive gaming events is picking up among Indian gamers.
Nazara has stated that the country now has more than 80 million e-sports viewers, a rise of 83% in just two years.
E-sports will be a big part of India's gaming future, and Nazara is ideally placed to capitalize on that.
2. WinZO Games
This company has grown its brand on the back of diversification.
Rather than focusing on a single type of game, it has opted to provide a choice that encompasses all genres.
That strategy has proven to be a major success. WinZO is now the single biggest company for social gaming in the entire country.
That achievement was even more impressive because it was only launched six years ago. WinZO has its base in Delhi but has expanded far beyond the Indian market.
Its gaming platform can now be accessed in multiple languages, which indicates that it is targeting a worldwide customer base.
WinZO teams up with top game developers to ensure it has the best titles for its users.
The app is available for Android and Apple phones, so the company benefits from the Indian mobile gaming audience.
3. Spribe
Spribe is a Ukrainian company now based in Warsaw. Headed by David Natroshvili, CEO and Founder, it has quickly taken off in the game development space, primarily focusing on casino-based games.
Natroshvili's impressive CV includes holding the previous office in the Georgian government (both as a minister at the Department of Agriculture and the Department of Economy and Sustainable Development).
Since gaining its licenses, Spribe has become a massive player in online casino software development.
Possibly their most successful venture has been into the Indian market, as they pioneered Aviator, a game that has taken India by storm.
It's become such a powerhouse that we've seen sites such as Casino.in pop up simply to review Aviator, showing how much of a hold it has on the Indian gaming market.
With more than 12 million players a month, you can expect something big from whatever Spribe does next.
4. EloElo
This is a company that provides a streaming service for gamers. It enables them to broadcast their play live to a massive audience of fans.
Games streaming is an industry on the rise across India. More people than ever before are watching and participating in the streams.
EloElo is one of the companies that they are using for that purpose. Since it started four years ago, it has become one of India's top games-based companies.
The success of EloElo is similar to game streaming, though. That is why people use the site, but it is not the only one.
It is marketed as a general platform for live entertainment. That means users also stream everything from live comedy to fashion tips.
EloElo is headquartered in Bengaluru.
The success of these four companies demonstrates that the Indian gaming market is full of opportunities. It is all about finding a niche to enable a firm to stand out.
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