Entreprenuernewsnetwork

Glip raises $3M pre-series A, onboards 1M gamers in 3 months

Glip, a creator tool suite for gamers to create and monetise, has raised $3 million in its pre-series A round led by Prime Venture Partners. The round also saw the participation of existing backers Better Capital and iSeed. Prominent angels include Paavan Nanda (WinZO), Nilay Arora (Tencent), Suhail Sameer (BharatPe), Ravish Naresh (Khatabook), Vivek Hallekere … Read more

Nazara Commits 30 Cr to Griffin Gaming Partners Fund II over next 3 years

Nazara Technologies Limited, an India based, diversified gaming and sports media company and its wholly owned subsidiary Nazara Technologies FZ LLC announced investment in Griffin Gaming Partners (Griffin) Fund II, L.P as a Limited Partner in the Fund. Nazara Dubai is a Limited partner in Griffin Gaming Partners Fund II, L.P for a capital commitment … Read more

Turnt Gaming’s “Engage to Earn” Fighting Game Draws $4.3M in Funding from Polygon Studios, Shima Capital and Othe

Turnt Gaming, a developer of interactive NFT-based entertainment products and media, today announced it has secured $4.3M in funding from Polygon’s gaming/NFT arm, Polygon Studios, and blockchain investor Shima Capital. These partnerships will accelerate community building for Taunt Battleworld, Turnt’s skill-based fighting game simulator featuring legendary boxing icon Floyd Mayweather and newly announced Mixed Martial … Read more

Gaming app Quizy raises seed funding

We Founder Circle led a $270,000 seed round for Quizy, a real money gaming platform. Multiple institutional investors, including FAAD Network, Anchorage Capital Partners, Capital A, and Dholakia Ventures, participated in the investment round lead by We Founder Circle. The funds will be used to hire extraordinary talent and attract new users, according to the … Read more

nCORE Games Raises A $10M Series A Funding

nCORE Games announces a Series A funding round of $10 million to expand their gaming properties into the Metaverse and NFT space. Global leaders in interactive media and blockchain, Galaxy Interactive and Animoca Brands, co-led the round, with Polygon and HyperEdge also participating. Vishal Gondal and Dayanidhi M G, both veterans of the game industry, … Read more

Rooter startup raises $25 mn led by Lightbox, March Gaming, others

Rooter, a game streaming and e-sports platform, announced on Wednesday that it has raised $25 million (Rs 185 crore) in a Series A fundraising round headed by Lightbox, March Gaming, and Duane Park Ventures. Piyush Kumar and Dipesh Agarwal founded Rooter in 2016. The startup claims to engage fans with user-generated live audio and video … Read more

Zupee announces Strategic Partnership with Reliance Jio

Zupee, India’s largest skill-based casual gaming company, has announced a first-of-its-kind strategic partnership with Jio Platforms Limited. This will entail integration of products and strong synergies in user engagement and distribution in a future-ready ecosystem that will benefit over 450 million users. With this new synergy, the aim is to build an ecosystem that will facilitate faster … Read more

Witzeal named industry experts – Peush Bery and Yogvinder Singh to strengthen the team

Witzeal Technologies, a new-age gaming technology firm that specialises in developing futuristic games and features for the real money gaming (RMG) segment, has bolstered its senior leadership to stay ahead of the competition. It has announced the appointments of Peush Bery, head of product development strategy, and Yogvinder Singh, head of technology, as the first … Read more

FRND raises $6.5 Million in Series A Funding Round led by KRAFTON

Frnd

FRND, a Bengaluru-based audio romance and friend finding firm, has raised $6.5 million in a Series A round headed by KRAFTON, Inc., the producers of the massively popular battle royale game BATTLEGROUNDS MOBILE INDIA (BGMI). India Quotient and Elevation Capital, who had previously invested in the company, also participated in this Series A round. Bhanu … Read more

Tamatem Games Raises $11 Million in Series B Funding Round led by KRAFTON, Inc.

Tamatem Games, leading Arabic mobile games publisher, raises $11 Million in Series B funding round led by South Korean video game developer KRAFTON, Inc. The round that was led by KRAFTON, Inc., makers of the phenomenally popular battle royale game PUBG, also saw participation from Venture Souq, Endeavor Catalyst and existing investors. Tamatem has seen … Read more

WinZO partners with Kalaari Capital to Launch its ‘Gaming Lab’, will co-invest in Gaming

winzo

India’s largest social gaming platform, WinZO is launching an investment initiative, ‘Gaming Lab’, jointly with Kalaari Capital, to encourage and support India’s gaming ecosystem. ‘Gaming Lab’ will invest across all forms of interactive entertainment apps in India with a flexible corpus starting at over half a million dollars. Association with WinZO, which hosts 80+ games … Read more