Artoon Solutions Pvt.Ltd

Company History

Artoon Solutions was founded in 2009 by Alpesh Vaghasiya and Naresh Khokhaneshiya in Surat, Gujarat. Starting as a general software development studio, it gradually specialised in gaming and became a key player in India’s iGaming ecosystem. The company's growth story was featured on Meta’s Success Stories platform in 2024, highlighting its journey from a small team to a 200+ employee organisation.

Business Model and Revenue

Artoon operates as a bootstrapped, unfunded entity, generating estimated annual revenue in the ₹10–50 Cr range. It earns through project-based development contracts, white‑label game deployments, and ongoing support for multi‑gaming platforms and real‑money gaming frameworks. The company has made three strategic investments in other startups, namely Decode Age, Refrens, and BebeBurp.

Products and Services

Artoon’s core products include a scalable Multi‑Gaming Platform (MGP) that supports Rummy, Poker, CallBreak, Solitaire, and Ludo, as well as custom real‑money gaming solutions. It provides native and cross‑platform mobile app development, web development (PHP, Laravel, CodeIgniter, React), full‑stack JavaScript (MERN, Next.js), AI/ML solutions, blockchain and crypto services (Web3, smart contracts, DApps, NFT marketplaces), and UI/UX design. White‑label game solutions allow clients to quickly deploy branded games.

Market Position and Clients

Artoon has cemented a strong reputation in the Indian iGaming ecosystem, serving major brands such as MPL, WinZO, Zupee, A23, Junglee Games, YooZoo, and Good Gamer, as well as e‑commerce giant Flipkart. It has delivered over 1,200 projects globally, with clients in the USA, UK, UAE, Europe, and Asia. The company’s technology stack includes PHP, Laravel, CodeIgniter, React, Node.js, Python, and blockchain frameworks, enabling it to compete with other game development studios in the region.

Technology and Innovation

Artoon emphasises agility, transparent communication, and post‑launch support. Its team participates in global gaming conferences such as GDC San Francisco, AIGF, DGIE, and IGDC. In 2024, a core team attended GDC to showcase its MGP and card‑game expertise. The company also offers AI/ML automation and predictive analytics, and blockchain/DApp services for Web3 applications.

Leadership

The company is led by co‑founders Naresh Khokhaneshiya (CEO) and Alpesh Vaghasiya. Sani Trivedi serves as Director. The leadership actively engages in industry events and has been recognised by Meta for the company’s growth story. No other C‑level executives (CTO, CFO, COO, CCO) were identified in public sources.