Xigma Games
Xigma Games is a Bangalore-based indie game studio (founded 2015) developing and self-publishing original-IP games across mobile, PC, and console, serving global casual-to-mid-core gamers with a portfolio of five titles led by The Bonfire series and the in-development MMO Metal Haven.
- Company typePrivate
- Founded2015
- HeadquartersBangalore, India
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What Xigma Games does
Xigma Games is an independent game studio founded in 2015 in Bangalore, India, by Himanshu Manwani and Govardhan Gosavi. The studio operates with a sub-10-person core team, with the two founders credited for design, programming, and art across its portfolio. The company develops and self-publishes original-IP games — survival simulation (The Bonfire: Forsaken Lands, The Bonfire 2: Uncharted Shores), minimalist puzzle (Rubek), retro platformer (Super Nano Jumpers), and the in-development 4X MMO March-Battle title Metal Haven — targeting global indie and casual-to-mid-core gamers on iOS, Android, Steam, Xbox, and Nintendo Switch.
The studio's technology is built on the Unity3D engine, and its games are sold as one-time perpetual licenses at price points ranging from $1.99 (Super Nano Jumpers) to $11.99 (The Bonfire 2 on Steam) per title, with no disclosed subscription, ad, or microtransaction layer. Distribution is entirely through third-party digital storefronts, supplemented by participation in industry events (Pocket Gamer Connects, Casual Connect, Tokyo Game Show, Gamescom) and earned-media press coverage for visibility. The studio has received multiple industry awards between 2015 and 2020, including Pocket Gamer Connects Big Indie Pitch wins and a FICCI-BAF Best Mobile and Tablet Game award for Rubek.
Xigma Games operated as a bootstrapped studio for nearly a decade before receiving its first external funding in November 2024 — approximately Rs 1 crore (~$120,000) jointly from Nikhil Kamath's WTFund and Nazara Technologies — followed by a $10,000 LVL Zero Incubator grant in April 2026. Revenue is not publicly disclosed; the company remains privately held and founder-controlled, with no public listing, and its current flagship effort is shifting toward multiplayer online live-service design with Metal Haven.
Xigma Games firmographics
Firmographics- Name
- Xigma Games
- Legal name
- Xigma Games
- Website
- https://xigmagames.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Xigma Games is a Bangalore-based indie game studio (founded 2015) developing and self-publishing original-IP games across mobile, PC, and console, serving global casual-to-mid-core gamers with a portfolio of five titles led by The Bonfire series and the in-development MMO Metal Haven.
- Ownership category
- akta.pro rank
Xigma Games industry classification
Industry- Product category
- Indie Video Games
- NAICS
- All Other Amusement and Recreation Industries (71399), Doll, Toy, and Game Manufacturing (339930)
- SIC
- Services-Miscellaneous Amusement & Recreation (7990), Games, Toys & Children's Vehicles (No Dolls & Bicycles) (3944)
- akta.pro primary industry
- Web3/Blockchain Game Studios (MPAFAAAO)
Keywords
Where Xigma Games is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Xigma Games business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Game Sales: Xigma Games sells its games as one-time purchases across digital storefronts. Prices vary by platform (e.g., The Bonfire: iOS USD 3.99, Steam USD 9.99; The Bonfire 2: iOS USD 4.99, Steam USD 11.99; Super Nano Jumpers USD 1.99).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | The Bonfire - iOS |
| One time/ perpetual license | Pay-as-you-go | The Bonfire - Steam |
| One time/ perpetual license | Pay-as-you-go | The Bonfire 2: Uncharted Shores - iOS |
| One time/ perpetual license | Pay-as-you-go | The Bonfire 2: Uncharted Shores - Steam |
| One time/ perpetual license | Pay-as-you-go | Super Nano Jumpers |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Xigma Games product offering
Product offeringCore offering
Xigma Games is an independent game studio that designs, develops, and publishes its own original-IP video games across mobile (iOS/Android), PC (Steam), and console (Xbox, Nintendo Switch) platforms. Its product portfolio includes survival simulation (The Bonfire: Forsaken Lands, The Bonfire 2: Uncharted Shores), minimalist puzzle (Rubek), retro platformer (Super Nano Jumpers), and an in-development 4X MMO space battle title (Metal Haven). Games are sold as one-time purchases through major digital storefronts to a global audience.
Product overview
Xigma Games is an independent game studio based in Bangalore, India, developing games on creative, original, and innovative ideas for the global market. The company operates as a single-studio indie developer without a platform-plus-modules architecture. Their portfolio includes five distinct games: The Bonfire: Forsaken Lands (a survival simulation), The Bonfire 2: Uncharted Shores (its sequel with expanded city-building), Metal Haven (their current flagship 4X MMO space battle game in beta), Rubek (a minimalist color puzzle game), and Super Nano Jumpers (a retro platformer). The company has received funding from Nikhil Kamath's WTFund and Nazara Technologies (Rs 2 crore in November 2024).
Differentiator
Problem solved
Functional benefit
Brands
- Metal Haven: A 4X March-Battle game featuring planetary base building, resource gathering, survival mechanics, and massive multiplayer online space battles. Currently in beta with a hero recruitment system called Phoenix Squad.
Products and services
- The Bonfire: Forsaken Lands Award-winning survival simulation game where players build settlements in a snowy encampment, manage workers and resources, survive monster attacks during nights, discover new civilizations, and uncover secrets of the ancients. Released on iOS, Steam, Xbox, and Nintendo Switch for casual to mid-core gamers.
- The Bonfire 2: Uncharted Shores Sequel to The Bonfire: Forsaken Lands. A survival strategy game featuring city building, resource management with unique worker personalities, procedurally generated world maps, ship exploration, trading with free cities, and mysterious dungeon discovery. Available on iOS and Steam for indie strategy game players.
- Rubek A minimalist color-based puzzle game where players roll a cube to pick up and match correct colors on the floor while solving puzzles to reach the end point. Features 75+ handcrafted levels with mind-bending difficulty. Available on iOS, Android, and Steam for puzzle game players.
- Super Nano Jumpers A retro, hard-as-nails platformer with tight, responsive control mechanics and semi-auto runner gameplay. Includes over 75 levels across 4 different worlds, 2 game modes (Arcade and Time Trial), 8-bit retro soundtracks, and unlockable characters for fans of challenging platformers.
Companies that use Xigma Games
Customer profileSegments1 record
Ideal customer profiles1 record
Xigma Games technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Xigma Games partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights4 records
Xigma Games competitors and assessment
Company assessmentDirect peers
- SuperGaming: Pune-based Indian indie studio behind PAC-MAN and the upcoming battle royale Indus. Closely comparable as an India-rooted indie studio with global ambitions shipping multi-platform original-IP games, similar stage and ecosystem positioning as Xigma.
- Nodding Heads Games: Mumbai-based indie studio behind Raji: An Ancient Epic — a celebrated Indian-developed original-IP title with global multi-platform release. Comparable profile: small team, Indian origin, original IP, premium positioning, festival pedigree.
- Hashstash Studios: Pune-based indie studio (Dandara, Station 207) operating at small team scale with global multi-platform releases of original-IP indie titles. Mirrors Xigma's lean operation, original-IP focus, and festival-driven discovery model.
- Motion Twin: Bordeaux-based indie cooperative behind Dead Cells — the canonical 'small team, award-winning original IP, multi-platform premium indie' studio. Offers the most direct comparable for Xigma's go-to-market motion and unit economics.
- Poncle: UK indie studio behind Vampire Survivors — a one-time-purchase premium indie that achieved breakout success after years of iteration. Highly comparable as a small indie team with one-time revenue model and global storefront presence.
- ustwo games: London-based studio behind Monument Valley — a premium, design-forward multi-platform (iOS/Android) indie that pioneered the high-design-price-point mobile game category Xigma operates in.
Broad incumbents
- Supergiant Games: California-based studio behind Bastion, Hades, etc. — premium narrative-focused indie with multi-platform releases and a sustained track record of critically acclaimed original IP. Illustrative of the longer-term trajectory an indie studio with consistent quality can pursue.
- Nazara Technologies: India's largest publicly listed gaming company (and Xigma's investor). Operates as a publisher and multi-vertical gaming platform; comparable as a publisher/distributor counterpart shaping the commercial pathway for Indian indie studios like Xigma.
Regional players
- Dhruva Interactive: Indian game development studio with deep roots in the domestic ecosystem and history of partnership with global publishers. Comparable as an India-based game studio with international ambitions, though larger and more service-oriented than Xigma.
Others
- Devolver Digital: Major indie game publisher for studios such as Devolver-published titles. Relevant not as a direct competitor but as a potential publishing partner for Xigma, given the indie publishing model's alignment with Xigma's go-to-market.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Xigma Games social profiles
Digital presenceXigma Games financial estimates
Financial estimateRevenue estimate
Valuation estimate
Xigma Games leadership team
Management profileNumber of profiles
Profiles2 records
Xigma Games funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Xigma Games M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Xigma Games
What does Xigma Games do?
Xigma Games is an independent game studio that designs, develops, and publishes its own original-IP video games across mobile (iOS/Android), PC (Steam), and console (Xbox, Nintendo Switch) platforms. Its product portfolio includes survival simulation (The Bonfire: Forsaken Lands, The Bonfire 2: Uncharted Shores), minimalist puzzle (Rubek), retro platformer (Super Nano Jumpers), and an in-development 4X MMO space battle title (Metal Haven). Games are sold as one-time purchases through major digital storefronts to a global audience.
Is Xigma Games a public or private company?
Xigma Games is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Xigma Games founded?
Xigma Games was founded in 2015. It employs 1 to 10 people.
Where is Xigma Games based?
Xigma Games is headquartered in Bangalore, India, in the Asia region.
How does Xigma Games make money?
One revenue line is on record: game Sales.
Who are Xigma Games's main competitors?
Direct peers on record are SuperGaming, Nodding Heads Games, Hashstash Studios, Motion Twin, Poncle and ustwo games. Broad incumbents are Supergiant Games and Nazara Technologies. Dhruva Interactive is listed as a regional player. Devolver Digital is listed as an others.
Does Xigma Games have an API?
No public API is recorded for Xigma Games.
What industry is Xigma Games in?
Xigma Games's product category is Indie Video Games. Its primary akta.pro industry code is MPAFAAAO, Web3/Blockchain Game Studios. Its NAICS code is 71399 and its SIC code is 7990.