Tiger Global-backed Games24X7 appoints Rahul Tewari as CFO
Games24X7, India’s leading skill-based gaming company, has named veteran finance executive Rahul Tewari as its first Chief Financial Officer with effect from April 15, 2020.
Rahul brings in over two decades of varied leadership experience across strategic finance, corporate development and investment banking in the technology sector. He most recently served as the Chief Financial Officer at Quikr.
The appointment of Rahul comes at a time when Games24x7 is investing aggressively in its India centric mobile games business while also diversifying by investing in international gaming and other tech opportunities as it seeks to become a 21st-century scientific gaming company – built out of India for the world.
Games24X7 was founded by New York University alumni Trivikraman Thampy and Bhavin Pandya in 2006.
Commenting on the appointment the founders said, "Rahul is an exceptional finance leader and we are excited that he will help us in executing our strategy as we gear up for the next phase of growth. Last year, we made tremendous progress in growing our businesses. We are very happy to welcome Rahul to the team where his extensive experience in scaling rapidly growing technology companies makes him a valuable addition to our business.”
Commenting on Games24X7, Rahul Tewari said, "Games 24x7 is the pioneer and leader in the rapidly growing digital gaming market in India. I'm thrilled and honored for the opportunity to work with the team. I look forward to working with our stakeholders to build on the Company's incredible track record of success and innovation.”
Rahul is widely regarded for his rich experience in leading transformational strategic initiatives and financial transactions at global MNCs, high growth companies and emerging start-ups. He has worked in bulge bracket investment banks such as Bank of America Merrill Lynch and Deutsche Bank in New York and led technology sector coverage at ICICI Securities. He has been an entrepreneur himself having founded and run a cross-border M&A advisory firm. He holds an engineering degree from Indian Institute of Technology, Delhi and is an MBA from Cornell University.
Games24X7 has been steadily strengthening its Global Leadership team. Earlier this year, the company has appointed former Director (GSO) of Facebook India, Siddharth Banerjee as its first Chief Revenue and Marketing Officer to drive the organization’s growth agenda in both India and international markets.
Fueled by Tiger Global, Games24x7 boasts an exciting full-stack games portfolio with products including RummyCircle, My11Circle (the Fantasy Cricket League) and Ultimate Games enabling cash, community, and creativity for their gaming community.