Malabar Investment led a $75m funding in Games24x7.

Malabar Investment, an India-focused investment firm, led a $75m funding in Games24x7, a digital skill games company, with participation from Tiger Global and Raine Group. “Games24x7 is a pioneer in the fast-growing online gaming industry in India and has built a highly profitable business with outstanding acquisition and retention metrics. Not only that, they have continuously improved on these metrics at a great scale, which we believe is quite a remarkable feat. This speaks of the data science capabilities, the rigour, the thoughtfulness and the strive for excellence that the fantastic leadership team brings to the table. We are excited to partner with Games24x7 on its growth journey ahead,” Sumeet Nagar, Malabar Investments Managing Director.