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 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, 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, 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 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, 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, 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
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
