Trinity Gaming India expects 50% revenue growth in FY23, expands to Middle East

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The internet gaming market has reportedly grown exponentially in recent years, up to almost 700 times. The emergence of gaming management firms like Trinity Gaming India appears to have been influenced by this growth of the gaming market.

The company registered Rs 48.7 crore as net revenue in FY22. Abhishek Aggarwal, co-founder of Trinity Gaming, said, “Our revenue climbed from Rs 10 crore in FY21 to Rs 50 crore in FY22, and now the objective for the current fiscal year is to reach Rs 75 crore.”

Aggarwal, however, declined to share the quantum of loss incurred by the firm. According to the regulatory filing that the business intelligence platform Tofler was able to view the company generated revenues of Rs 9.7 crore in FY21, up from Rs 5.2 lakh in FY20.

The company, which exclusively manages gaming content creators, claims that 2.3 billion game views are generated cumulatively in a month which includes all the content shared by their creators.

“We primarily function on three platforms – YouTube Gaming, Facebook Gaming and Loco. Platform revenue accounts for 60% of the pie,” Aggarwal added. Other sources of revenue for the company include marketing and promotion of gaming publishers which is 20% of the total revenue.

Furthermore, Aggarwal said that the company has established its intellectual properties (IP) division, which comprises gaming festivals that would be conducted in tier-1, tier-2, and tier-3 cities in the current fiscal year.

This is done in an effort to draw in more gaming talent. About 5% of the company’s revenue comes from its IP division. Lastly, the business claimed that its campaigns and partnerships generate close to 15% of its revenues.

The company has also expanded to the Middle East, “We are trying to replicate our business model in the Middle East, specifically in Egypt, Bahrain, Saudi Arabia, and UAE. The Egyptian market resembles the Indian gaming market during 2018 or 2019, and the local government has also been very supportive,” Aggarwal added.