Quick Facts
Biography
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.
In August 2012, The Walt Disney Company India Pvt. Ltd. restructured its digital assets under a new division, DisneyUTV Digital, with Vishal Gondal as its managing director.
In March 2014, Gondal launched GOQii, a fitness technology company based in Menlo Park, California.
Gondal has presented at the INK Conferences in Mumbai.
Awards
- In 2005 Mobile Entertainment magazine listed Gondal as listed as one of the top 50 executives in the mobile content space.
- In 2005 Indiagames was listed by Red Herring among Asia's Top 100 companies.
- In 2012 techcircle.in included Gondal in a list of the top 25 powerful people in Indian digital business.