{
  "id": 16653523,
  "title": "Matiks Bags $10 Mn To Take Its Puzzle Gaming Platform Global",
  "url": "https://urgent.news/2026/10/26/matiks-bags-10-mn-to-take-its-puzzle-gaming-platform-global",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-26T18:06:06.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/matiks-bags-10-mn-to-take-its-puzzle-gaming-platform-global/"
  },
  "original_language": "en",
  "account": "Social gaming startup Matiks has successfully secured $10 Mn in its Pre-Series A funding round, led by General Catalyst. The investment round also saw participation from notable investors including upGrad co-founder Ronnie Screwvala and existing backers such as Info Edge Ventures, Tanglin Venture Partners, and Untitled Ventures. Matiks aims to leverage the funds to broaden its global presence, invest in new games and social experiences, strengthen its engineering, AI, product, design, and growth teams, and develop an AI-driven engine that empowers users to create and publish their own social games without coding knowledge. The startup, founded in 2024 by Sudhanshu Bhatia, Mohan Kumar, and Sushant Timmapur, aims to make mind sports as popular and visible as physical sports and esports. As of September 2026, Matiks had attracted over 22 Lakh players who had played a total of 4.8 Cr games on its platform, with daily active users currently around 3 Lakh. The majority of this user base is located in India, but there is also early engagement emerging from international markets such as Japan, the US, and South Korea. Matiks plans to prioritize expansion in the US before moving on to other tier I markets. The company's long-term strategy includes building its AI-powered game creation engine, which is expected to drive adoption and generate new gaming experiences. This funding comes at a time when India's gaming market is rapidly expanding beyond traditional battle royale and casual games, driven by 51 Cr gamers, the ban on real-money games last year, the rise of AI, and regulatory support for social games. Other recent funding rounds in the Indian gaming industry include $10.5 Mn raised by mobile gaming studio Spill Games in its Series A round led by Elevation Capital, and $11 Mn raised by gaming studio LightFury Games in a pre-Series A funding round led by Blume Ventures and others.",
  "summary": "Social gaming platform Matiks has raised $10 Mn (₹95.1 Cr) in its Pre-Series A funding round led by General Catalyst. …",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}