Six Indian companies among top 10 digital media players in FY23: Redseer

The Indian digital media market has reached an estimated market size of 11 billion US dollars in FY23. This remarkable growth has been catalysed by the surge in internet users and their engagement, propelling the market at an impressive compound annual growth rate (CAGR) of about 35 per cent over the last two years due to Covid-led market tailwinds, according to a report by Redseer Strategy Consultants.

In FY23, six Indian companies secured spots in the top 10 rankings of pure-play digital media companies by revenue. These six Indian companies are Dream Sports, Gameskraft, Games24x7, Verse Innovations, Junglee Games, and Times Internet.