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Vishal Gondal
Vishal Gondal at Ra.One Press Conference in October 2011
Born
Vishal

(1976-07-14) 14 July 1976 (age 48)
NationalityIndian
Other namesVishy, VG
Alma materMumbai University
OccupationEntrepreneur/ Venture Capitalist
TitleCEO GOQii, Ex CEO Indiagames

Vishal Gondal (Marathi: बिशाल गोडांल) (born 14 July 1976) is an Indian entrepreneur and angel investor[1]. 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 Pvt. Ltd. in 2011 for $100 million.[2][3][4][5][6][7][8][9][10]

History

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Indiagames

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In 1999, Gondal founded Indiagames, a video game development and publishing company.[3][11] By 2009 the company had approximately 300 employees and offices in Mumbai, Beijing, London and Los Angeles.[12] 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.[13]In 2011, Indiagames was acquired by Disney for around $100m.[12] At the time of acquisition, Indiagames was making an approximate profit of $400,000 on revenues of $11 million.[12]

Other activities

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In 2008, Gondal launched Sweat and Blood Venture group to invest in startups at a seed level.[14][15] The organization has invested in Instablogs and Docsuggest, among others.[16]

In August of 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.[17]

In March 2014, Gondal launched GOQii, a fitness technology company based in Menlo Park, California.[18][19]

Gondal has presented at the INK Conferences in Mumbai.[20]

Awards

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  • In 2005 Mobile Entertainment magazine listed Gondal as listed as one of the top 50 executives in the mobile content space.[21]
  • In 2005 Indiagames was listed by Red Herring among Asia's Top 100 companies.[22]
  • In 2012 techcircle.in included Gondal in a list of the top 25 powerful people in Indian digital business.[23]

See also

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References

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  1. ^ http://archive.vccircle.com/wordpress/2008/07/31/vishal-gondal-turns-startup-saviour-forms-investment-group/
  2. ^ Fitness as a service, or Faas, is what Vishal Gondal banks on in his new venture, GOQii. Is he ahead of his time?, businesstoday, retrieved February 10, 2015
  3. ^ a b Vishal Gondal: The Ideas Man is Onto a New Trend, Forbes India, retrieved February 10, 2015
  4. ^ Walt Disney Company to restructure digital assets
  5. ^ http://tech.firstpost.com/news-analysis/goqii-fitness-tracker-india-connect-need-know-219242.html
  6. ^ http://techcircle.vccircle.com/2014/02/28/indiagames-founder-vishal-gondals-new-venture-goqii-adds-human-touch-to-fitness-devices-offers-it-as-a-subscription-based-service/
  7. ^ Meet Vishal Gondal, India's king of gaming
  8. ^ Pix Special Fitness Band from Vishal Gondal to Take on Gyms, Rediff, retrieved February 12, 2015
  9. ^ I Love Chaos and It Is Where I Thrive says Vishal Gondal, LiveMint, retrieved February 12, 2015
  10. ^ India Entrepreneurship Ecosystem Challenge Mindrush, Business Today, retrieved February 12, 2015
  11. ^ Vishal Gondal on GOQii New Venture Fitness As Service, Business Today, retrieved February 12, 2015
  12. ^ a b c Disney Set to Acquire Top Indian Game Developer Indiagames, AllThingsD, retrieved February 20, 2015
  13. ^ Why did Tom Online's (TOMO) Indiagames welcome new partners? Seeking Alpha
  14. ^ Vishal Gondal Turns Startup Saviour; Forms Investment Group
  15. ^ Vishal Gondal Turns Startup Saviour; Forms Investment Group, GigaOM, retrieved February 20, 2015
  16. ^ Sweat And Blood Venture Group
  17. ^ The Walt Disney Company (India) Pvt. Ltd.
  18. ^ http://www.dnaindia.com/scitech/report-indian-entrepreneur-launches-fitness-band-goqii-backed-by-bollywood-star-madhuri-dixit-nene-1965664
  19. ^ http://recode.net/2014/02/26/introducing-goqii-startup-pairs-new-fitness-tracker-with-human-coaches/
  20. ^ Fifth INK Talks to begin October 28; to focus on innovation, The Economic Times India, retrieved February 23, 2015
  21. ^ Vishal Gondal in top 50 mobile executives list
  22. ^ Red Herring Puts Indiagames In Top Asia 100 List, GigaOM, retrieved February 20, 2015
  23. ^ Top 25 powerful people in Indian digital business
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