COMPANY PROFILE

Mayhem Studios

Explore full profile

Underworld Gang Wars (UGW) is a AAA Battle Royale game made in India

Bengaluru, IndiaFounded 2022Consumer Services

Valuation $100–250M Last recorded · 2023

Total funding $10–50M Disclosed equity funding

Unlock exact values

About Mayhem Studios

Mayhem Studios is a gaming company dedicated to creating immersive storytelling experiences through their games. Their flagship product, 'Underworld Gang Wars UGW,' is a AAA Battle Royale game deeply rooted in Indian culture, set in the vibrant, fictional world of Dhantara. The game features two rival factions and a rich narrative that captivates players. Mayhem Studios primarily serves gamers who are passionate about storytelling and immersive gameplay. Operating in the gaming industry, the company generates revenue through game sales, in-game purchases, and possibly through partnerships and sponsorships. Their business model focuses on delivering high-quality, story-driven games that engage and retain players.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2022
Headquarters: Bengaluru, India
Open positions: None listed
Dealroom signal: 21.3/100
Industry: Gaming
Sector: Consumer Services
Business model: SaaS
Client focus: b2c
Links: Website

Knowledge graph

Founder mafia, market maps, research and news connected to this company by Dealroom

Funding history

2 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
EARLY VC✓Equity / VC	Jul 2024	$0	—	Steadview Capital · Hashedem · Peak XV Partners · Lumikai Fund	↗
SERIES A✓Equity / VC	Apr 2023	$20M	$80M	Truecaller · Steadview Capital · Hashedem · Peak XV Partners	↗

Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Mayhem Studios website traffic

Latest recorded traffic for Mayhem Studios is 1.8K monthly website visits, up 28.6% over the last three months.

Latest monthly visits1.8K 3-month web change+28.6%

Monthly website visitsJul 2024–Jul 2026

Explore monthly traffic historyTrack growth over time and compare with peersBook a demo

Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Company	Headquarters	Status	Employees	Total funding	Valuation
BSBee SquareConsumer Services	Barcelona, Spain	Operational	11	—	—
ONOnverseFree online 3d virtual world build a home, drive cars, shop, play games, customize, explore and most of all have fun!	United States	Operational
CACANUSocial network and platform that enables its users to connect with friends in the online and offline mode	Stockholms kommun, Sweden	Operational
MAMantarayVirtual Reality Games are leading the way for it We are making a VR game with high revenue potential and partnership opportunities	Buenos Aires, Argentina	Operational
MGMelior GamesIndependent mobile game development company that targets the US and European markets	Vilnius, Lithuania	Operational
GAgame.punksWe are creating a cross platform, realtime, 3D Social Sports Game Engine which allows console gamers to meet and compete online - without needing to pay for or download anything. Our debut game is a massively multiplayer 3D game where you build your	Munich, Germany	Operational
TITIMPIKSocial network that enables athletes to communicate with one another and organise games	Madrid, Spain	Operational
MOMobigameVideo games for Digital platforms	Paris, France	Operational