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Funding · Education & Skilling

Matiks raises $3.14 Mn to scale maths-based gaming platform

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Date
Company
Matiks
What it does
Maths-focused mobile gaming platform with speed, memory, and puzzle games
Kind
Funding
Amount
$3.14 Mn (INR 27 Cr)
Stage
pre-Series A
Founded
September 2024
Sector
Education & Skilling

What they do

Matiks is a mobile gaming platform that lets users test and improve their mathematical skills through speed, memory, and puzzle games

What happened

The startup raised $3.14 Mn in a pre-Series A round led by Tanglin Ventures, with participation from Info Edge Ventures and angel investors like Gaurav…

Why it matters

The company plans to expand its team, marketing, product offerings, and enter new geographies with the funding

The details

  • Matiks, a mobile gaming platform focused on mathematics, raised $3.14 Mn in a pre-Series A round led by Tanglin Ventures.
  • The round also included participation from Info Edge Ventures and angel investors like Gaurav Munjal, Roman Saini, and Anil Goteti.
  • The startup plans to use the funds to expand its team, marketing, product offerings, and enter new geographies.
  • Matiks was founded in September 2024 by Sudhanshu Bhatia, Mohan Kumar, and Sushant Timmapur.
  • The platform offers mobile games that allow users to test their mathematical skills and compete against each other.
  • It has around 1 Lakh users and runs weekly contests to increase engagement.
  • The app is available on iOS and Google Play Store, with over 50K downloads on the latter.
  • Users can also access the games via the Matiks website and join a Discord community.
  • The startup recently launched a paid 'Creators Programme' to let users form communities on the platform.

The bigger picture

  • The Indian gaming market is growing rapidly, valued at $3.8 Bn and expected to reach $9.2 Bn by FY29.
  • However, the market was previously dominated by real money gaming, which has been banned under the 'Promotion and Regulation of Online Gaming Bill, 2025'.
  • This ban has affected major players like Dream11, Games 24X7, and MPL, creating space for skill-based platforms like Matiks.
  • Matiks is positioned to benefit from this shift in the gaming landscape.

About the business

  • Matiks is a mobile gaming platform that focuses on improving mathematical skills through speed, memory, and puzzle-based games.
  • The platform allows users to compete against each other and participate in weekly contests.
  • It has around 1 Lakh users and offers a Discord community for engagement.
  • The app is available on iOS and Google Play Store, with over 50K downloads on the latter.
  • Users can also access the games via the Matiks website.
  • The startup recently launched a paid 'Creators Programme' to let users form communities on the platform.

What happens next

  • Matiks plans to expand its team and marketing efforts.
  • The company aims to launch new product offerings and enter new geographies.
  • It will continue to grow its user base through contests and community engagement.

The deal

Type
funding

Investors

Founders

  • Sudhanshu Bhatia, co-founder
  • Mohan Kumar, co-founder
  • Sushant Timmapur, co-founder

About Matiks

Product
Mobile games centered on mathematics, memory, speed, and puzzle challenges.
Customers
Consumers who play mobile games and compete in skill-based challenges.
How it makes money
Makes money through app-based game monetization and a paid creators programme.
What sets it apart
Uses mathematics as the core game theme with multiplayer duels, contests, and leaderboards.
Operations
Runs a mobile gaming app with daily and weekly contests and community features.

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