JetSynthesys

Last updated
JetSynthesys Private Limited
Industry Gaming
Founded2014;11 years ago (2014)
Founder
  • Rajan Navani
Headquarters
Pune, Maharashtra
,
India
Key people
 Kris Gopalakrishnan (Chairman Emeritus), Rajan Navani (CEO & Founder)

JetSynthesys is an Indian multinational company that is involved in gaming and entertainment. [1] Headquartered in Pune, Maharashtra the company has developed digital products across diverse sectors from gaming, and entertainment to interest-based social community platform. It was founded by Rajan Navani, an alumnus of Purdue University. [2]

History

Jetsynthesys was started in 2014 as part of the Navani-owned Jetline Group of companies involved in packaging products. The historical focus behind incepting Jetsynthesys was to bridge the gaps and implement tech in the daily lives of mobile users. The company initially focused on cricket-themed games leveraging India's focus for the game. JetSynthesys has formed partnerships with many Indian celebrities like Indian cricketer Sachin Tendulkar, Bollywood superstar Amitabh Bachchan, and Bollywood playback singer Sonu Nigam. [3] [4] [5]

Fundings

Jetsynthesys was backed by co-founder of Infosys, Kris Gopalakrishnan in its early years of inception. [6] In 2020 the company received investment from existing investor Kris Gopalakrishnan, Serum Institute of India's Chairman, Adar Poonawalla amongst others. Navani family-owned Jetline Group. Thermax family office, Triveni Group, and DSP Group have also invested in this round. Subsequently, in 2021, Sachin Tendulkar invested US$2 million in Jetsynthesys, which formed a Joint Venture of 100MB with Jetsynthesys. [7]

Nautilus Mobile, a game development studio owned by Jetsynthesys received a $5.4 Mn investment from PUBG Maker Krafton Studios in 2022. [8] In 2024, Warner Music acquired a 26 percent stake in Global Music Junction (GMJ), a music and entertainment subsidiary of digital entertainment and technology company JetSynthesys. [9]

Investments & Acquisitions

JetSynthesys has acquired a majority stake in Fanory, a content monetization platform for creators, co-founded by former Twitter India head Manish Maheshwari. [10] The company has also acquired a majority stake in Metaphy Labs –an end-to-end solution provider for brands to create their metaverse capabilities in the Web 3.0 space. [11]

Global E-Cricket Premier League

JetSynthesys launched Global e-Cricket Premier League (GEPL), a franchise criket tournament in 2023. The e-cricket tournament currently has teams owned by Zerodha founder Nikhil Kamath, Ankit Nagori, Gopal Srinivasan, amongst others. [12] [13]

References

  1. ↑ "JetSynthesys Pvt. Ltd". www.bloomberg.com. Retrieved 2025-02-01.
  2. ↑ "The Steam Behind JetSynthesys's Rapid Growth". Forbes India. Retrieved 2025-02-01.
  3. ↑ IANS (2015-10-29). "Wakau! Amitabh Bachchan Launches Video Blogging App". The New Indian Express. Retrieved 2025-02-01.
  4. ↑ "After Amitabh Bachchan and Salman Khan, singer Sonu Nigam joins NFT bandwagon - CNBC TV18". CNBCTV18. 2021-11-19. Retrieved 2025-02-01.
  5. ↑ "Sachin Tendulkar and JetSynthesys launch cricket game 'Sachin Saga Pro Cricket'". Financialexpress. 2023-07-19. Retrieved 2025-02-01.
  6. ↑ "Kris Gopalakrishnan named Non-Executive Chairman of JetSynthesys". The Economic Times. 2015-04-06. ISSN   0013-0389 . Retrieved 2025-02-01.
  7. ↑ "Sachin Tendulkar invests $2 million in JetSynthesys". The Economic Times. 2021-07-29. ISSN   0013-0389 . Retrieved 2025-02-01.
  8. ↑ "PUBG maker Krafton invests in JetSynthesys-owned Nautilus Mobile". Moneycontrol.
  9. ↑ "Warner Music India acquires 26% in JetSynthesys' Global Music Junction". Moneycontrol. Archived from the original on 2024-04-12. Retrieved 2025-02-01.
  10. ↑ "JetSynthesys acquires majority stake in Fanory". The Times of India. 2023-01-25. ISSN   0971-8257 . Retrieved 2025-02-01.
  11. ↑ "JetSynthesys acquires Metaphy Labs to offer Metaverse-As-A-Service". The Times of India. 2022-09-30. ISSN   0971-8257 . Retrieved 2025-02-01.
  12. ↑ "JetSynthesys unveils Global e-Cricket Premier League's Chennai franchise owners". The Economic Times. 2024-12-12. ISSN   0013-0389 . Retrieved 2025-02-01.
  13. ↑ "Nikhil Kamath, Ankit Nagori and Prashanth Prakash now Bengaluru franchise owners of e-cricket league". The Economic Times. 2024-10-21. ISSN   0013-0389 . Retrieved 2025-02-01.
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