Vishal Gondal

Vishal Gondal (Marathi: बिशाल गोडांल) (born 14 July 1976) is an Indian entrepreneur and angel investor. He is the founder and CEO of GOQii (pronounced Go-Key), and previously founded the game development and publishing company Indiagames, which he sold to DisneyUTV Digital, The Walt Disney Company (India) in 2011 for $100 million.

History

Indiagames

In 1999, Gondal founded Indiagames, a video game development and publishing company. By 2009 the company had approximately 300 employees and offices in Mumbai, Beijing, London and Los Angeles. Gondal sold a majority of stakeholds (adding up to 76.29% of the company) to TOM online Games, a subsidiary of TOM Online Inc, in 2009 and retained his position as CEO. In 2011, Indiagames was acquired by Disney for around $100m. At the time of acquisition, Indiagames was making an approximate profit of $400,000 on revenues of $11 million.

Other activities

In 2008, Gondal launched Sweat and Blood Venture group to invest in startups at a seed level. The organization has invested in Instablogs and Docsuggest, among others.