
Thegamingproject
India's First Cloud Gaming Service made for & by gamers.
Date | Investors | Amount | Round |
---|---|---|---|
* | $500k | Seed | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 40 % | - |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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The Gaming Project (TGP), operating under the legal name Cloudquest Private Limited, is a cloud gaming solutions provider based in Delhi, India. Founded in 2018 by Manan Mittal and Sarang Atri, the company aims to make high-end gaming accessible without the need for expensive hardware. Manan Mittal, a graduate of the Georgia Institute of Technology with a degree in Electrical Engineering, co-founded the startup at 24, driven by a passion to expand the gaming community. The platform officially went live in March 2020.
The company operates in the online gaming market, specifically targeting the cloud gaming segment in India. Its business model is centered on a subscription service that allows users to stream and play AAA and PC-based games on devices with modest configurations, such as laptops and mobile phones. The service works by hosting games on remote servers and streaming the gameplay to the user's device, requiring only a stable internet connection of about 10Mbps. Revenue is generated through monthly and hourly subscription plans.
The Gaming Project's core service provides users access to a library of games and also allows them to play games they already own on platforms like Steam or Epic. This eliminates the need for costly gaming PCs or consoles, democratizing access to premium gaming experiences. By March 2020, the platform had organically attracted over 300,000 users. The company secured $500,000 in a seed funding round in June 2022, with lead investors including FAAD Network, SucSEED Indovation Fund, Upsparks, and BlackKite. This capital was intended to expand services across India and different platforms. One source indicates the company is now out of business, while others list it as active.
Keywords: cloud gaming India, PC game streaming, subscription gaming, online gaming platform, AAA games on mobile, Manan Mittal, Sarang Atri, FAAD Network, SucSEED Indovation, game streaming service, play PC games on any device, cloud-based gaming, gaming on demand, video game streaming, remote gaming, accessible gaming, low-latency gaming, subscription video games, Indian gaming market, Cloudquest Private Limited