Exclusive: Matiks Raises $3.14 Mn To Scale Maths-Based Gaming Platform

Maths-focussed mobile gaming platform Matiks has raised $3.14 Mn (about INR 27 Cr) in its pre-Series A round led by Tanglin Ventures.

The round also saw participation from Info Edge Ventures and angel investors like boAt’s Aman Gupta, Unacademy’s Gaurav Munjal and Roman Saini, Scapia’s Anil Goteti, among others, Matiks cofounder Sudhanshu Bhatia told Inc42.

The startup plans to use the capital to expand its team, ramp up marketing, expand product offerings, and enter new geographies, he added. 

The gaming platform has less than 20 employees currently.

Founded by Bhatia, Mohan Kumar, and Sushant Timmapur in September 2024, Matiks offers mobile games that allow users to test their mathematical skills. It also lets users compete against each other. 

Matiks offers games across different categories, with focus on speed, memory, puzzle, among others. It also runs weekly contests to enable higher engagement. Currently, the startup has around 1 Lakh users.

Matiks allows users to add friends, and even has a Discord community. Recently, it also launched a paid ‘Creators Programme’ which lets users form a community on the platform. 

Besides its apps, which are available on iOS as well as Google Play Store, users can also access the games via its website. The Matiks app has crossed 50K downloads on the Google Play Store. 

Matiks will operate in the fast-growing Indian gaming market. The country’s gaming industry is currently valued at about $3.8 Bn and is expected to touch the $9.2 Bn mark by FY29. However, it needs to be highlighted that this market was largely dominated by real money gaming. With ‘The Promotion and Regulation of Online Gaming Bill, 2025’, real money gaming has been banned in the country.

With this, the real money gaming business of giants like Dream11, Games 24X7, MPL, among others, have come to a screeching halt.