Turnip raises $12.5M co-led by Greenoaks and Elevation Capital

turnip funding

Turnip, a mobile-first gaming community platform, announced on Thursday that it has raised $12.5 million in a Series A funding round co-led by Greenoaks and Elevation Capital.  The round also saw participation from SEA Capital, Vibe Capital, and leading founders and angels, including Andrew Chen (Partner, a16z); Harshil Mathur and Shashank Kumar (Razorpay); Akshay Kothari […]

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WinZO announces third Game Developer Fund of $20M

winzo funding

 WinZO, a vernacular social interactive gaming platform, announced the third edition of its Game Developer Fund (GDF) worth $20 million, the largest ever corpus. The latest development arrives six months after the gaming startup raised $65 million in a Series C round from Griffin Gaming Partners and others. In July 2019, the company had announced […]

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MPL becomes unicorn after Series E round; valued at $2.3B

mpl funding

Mobile Premier League entered the coveted unicorn club after its Series E round led by Legatum Capital, at a pre-money valuation of $2.3 billion.  The round also saw participation from existing investors, including Sequoia, SIG, RTP Global, Go-Ventures, Moore Strategic Ventures, Play Ventures, Base Partners, Telstra Ventures, and Founders Circle Capital. The esports platform had […]

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SuperGaming raises $5.5M in Series A round

supergaming funding

SuperGaming, a social gaming platform, announced that it has raised $5.5 million in Series A round from Skycatcher, AET Fund (the venture arm of Akatsuki), BAce Capital, Dream Incubator, 1Up Ventures, and Monish Darda. In a statement, the company revealed that it plans to use the freshly raised funds for talent expansion from an existing […]

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Zupee raises $30M in Series B round

zupee funding

Skill-based gaming startup Zupee has raised $30 million in Series B round led by Silicon Valley-based WestCap Group and Tomales Bay Capital.  Existing investors Matrix Partners India and Orios Venture Partners also participated in the round.  With the latest funding, Zupee’s valuation stands at $500 million which is 5x more than its $100 million valuation […]

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Loco raises $9M from Krafton, Lumikai

loco funding

In a seed round led by South Korean gaming firm Krafton and Lumikai India’s first gaming and interactive media fund, homegrown game streaming platform Loco raised $9 million. This fundraiser saw participation from 3one4 Capital, Hashed, Hiro Capital, North Base Media, and Axilor Ventures. Fueling the gaming content and improving the platform’s innovation efforts across […]

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Nazara Technologies acquires Publishme for INR 20Cr

nazara technologies

Nazara Technologies Ltd, a Gaming and sports media platform has acquired a majority stake of 69.82% in Publishme (Turkey and West Asia-based mobile gaming publishing agency). With an acquisition value of INR 20 Crores, such acquisition of the majority stake was done by the way of primary and secondary transactions. Nazara Technologies aims to improve […]

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[Weekly funding roundup] Venture investments in startups continue to grow

Although it started slow, the month of May has ended well for the Indian startup ecosystem after the total venture funding reached a three-figure mark.  The last week of the month recorded a venture funding of $403 million as compared to $285 million in the previous week. There were 16 venture deals during the week, […]

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Microgravity looks to raise $10M

microgravity funding

Gaming start-up, Microgravity is looking to raise $10 million in the next 6 months. At the same time, it has also rolled out a program named “gamer goddesses” for women.  This venture was launched at the same time in collaboration with Software specialists, hardware manufacturers, IT experts, and FMCG companies to support women in gaming. […]

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HalaPlay funding

halaplay funding

Fantasy gaming startup HalaPlay has raised Rs 9 crore in a new funding round from Milan Ganatra Ventures. With this funding, founder and former CEO of Miles Software, Milan Ganatra marks his entry into India’s prospering online gaming ecosystem.  Milan has invested nearly Rs 9 crore against 6.5 percent equity in the Daily Fantasy Sports […]

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