Matiks raises $10 million in pre-Series A funding led by General Catalyst

Funding details and growth trajectory

Matiks, an India-based gaming startup, has secured $10 million in pre-Series A funding. The round was led by General Catalyst, with participation from existing investors including Ronnie Screwvala, Info Edge Ventures, Tanglin Venture Partners, and Untitled Ventures. This brings the company’s total funding to over $13.5 million.

The company’s daily active users grew from 22,000 earlier in 2026 to over 300,000 by September, while monthly active users reached 2.2 million. The majority of its player base is in India, but Matiks has also gained traction in markets like the U.S., South Korea, and Japan.

Founders and product expansion

Matiks was founded by Sudhanshu Bhatia, Mohan Kumar, and Sushant Timmapur. Bhatia, who has a background in competitive mental math, began developing the concept while working at American Express. The startup now employs 41 full-time staff.

The company recently debuted Jelo, an experimental game creation platform that allows users to design and share their own games. Matiks has also started testing a subscription model, which offers game analysis, tips, training modules, and additional features. According to Bhatia, the platform aims to provide engaging, skill-based entertainment in contrast to passive content consumption.

Market focus and investor interest

Matiks plans to use the funding to expand its localization efforts, particularly in South Korea and Japan, where it has already seen user growth. The startup’s focus on math and logic-based games aligns with a broader trend of skill-driven mobile gaming, which has attracted interest from investors like General Catalyst.

Rahul Humayan, a partner at General Catalyst, highlighted the company’s potential to redefine mobile gaming by combining entertainment with cognitive engagement. The participation of prominent investors like Ronnie Screwvala and Info Edge Ventures further signals confidence in Matiks’ model.

What this means

Lazyfounder analysis — our interpretation, not reported fact.

Matiks’ funding round reflects growing investor interest in skill-based gaming platforms, particularly those leveraging AI and user-generated content. For founders, this story underscores two key trends: first, the appetite for gaming models that prioritize engagement over passive consumption, and second, the potential for localization to drive growth in non-Western markets like South Korea and Japan.

The company’s rapid user growth—from 22,000 to 300,000 daily active users in months—also demonstrates how niche gaming verticals can scale quickly with the right product-market fit. Founders in the gaming or edtech spaces may take note of Matiks’ blend of entertainment and cognitive challenge, as well as its experimentation with subscription models to monetize engaged users.

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