Date | Title | Description |
29.10.2024 | South Korea's IMM Investment onboards anchor investor for first India fund | Prakhar Khanduja, managing director and head - India investments, IMM Investment
South Korea-based IMM Investment, which has close to $7 billion in assets under management, has roped in an anchor investor for its maiden India-dedicated inve... |
07.10.2024 | Northern Arc launches Finserv AIF Fund; targets Rs 1,500 Cr corpus, 6 sectors
Recommended Stories For You | Non-banking financial company (NBFC) Northern Arc has launched its performing credit AIF fund (Category II)—‘Finserv Fund’—through its subsidiary, Northern Arc Investment Managers (NAIM).
The fund aims to raise a target corpus of Rs 1,500... |
28.07.2024 | The Evolution of TrackMania: From Nostalgia to Modern Modding | TrackMania is more than just a racing game; it’s a nostalgic journey through the evolution of gaming itself. Since its inception in 2003, it has captivated players with its unique approach to racing. Forget the flashy cars and sprawling cit... |
26.07.2024 | MPL’s Mayhem Studios receives undisclosed investment from Lumikai | The MPL (Mobile Premier League) has established Mayhem Studios, a mobile game development studio, with an undisclosed investment from Lumikai. Investors such as Peak XV Partners (formerly Sequoia India), Steadview Capital, Moore Strategic, ... |
10.07.2024 | Indian Gaming Industry to Flourish to $8.92 Billion From $3.1 Billion: Report The Indian gaming sector is expected to grow to $8.92 billion in the next five years | The Indian gaming industry is a booming market with 442 million gamers, second-largest in the world, only behind China. As per report by Grant Thornton Bharat and the E-Gaming Federation (EGF), via Business Standard (BS), The Indian gaming ... |
04.04.2024 | Indian VC firm bets on sports tech, gaming with $42m fund | GamingInvestmentsNews
Lokesh Choudhary · 1h ago · 2 min readIndian VC firm bets on sports tech, gaming with $42m fund
Photo Credit: Centre Court Capital
According to a report by PricewaterhouseCoopers, the global gaming industry could be wo... |
04.04.2024 | Centre Court Capital launches $42 million sports, gaming tech fund | ETtech
JSW Steel managing director Sajjan Jindal’s family trust has joined as the anchor investor for venture firm Centre Court Capital's maiden Rs 350 crore fund.
The gaming and sports-focused firm said it has already received Rs 200 crore... |
28.09.2023 | Lumikai led $2 M Seed funding secured by puzzle gaming studio QuriousBit | A $2 million seed funding round, led by Lumikai Fund with participation from General Catalyst, has been secured by the puzzle gaming studio QuriousBit.
According to a press release from QuriousBit, the money will be used to develop unique p... |
24.06.2023 | Lumikai Launches $50M Fund II to Back Gaming Startups in Pre-seed to Series A Rounds Lumikai Fund II counts Mixi, Colopl, Krafton, Smilegate, Supercell, Nazara, Jeejeebhoys, KCT Group, DSP Kothari, Sa... | - |
22.06.2023 | Gaming VC Lumikai Launches Fund II, Aims for $50M Corpus | Gaming-focused venture capital fund Lumikai has unveiled its second fund, Fund II, with a target corpus of $50 million.
Advertisment
Regulatory challenges have impacted the gaming sector, with Battlegrounds Mobile India facing multiple ba... |
22.06.2023 | India's gaming VC Lumikai launches new $50m fund | Lumikai, an early-stage venture capital fund focused on gaming, on Thursday said it has launched a second fund targeting a $50-million corpus from global investors.
Lumikai Fund II investors include publicly listed Japan-based gaming giants... |
22.06.2023 | Lumikai launches $50-million gaming, interactive media fund | Indian gaming-focused venture capital (VC) fund Lumikai on Thursday said it has launched a $50-million fund, which includes investments from South Korea's Krafton and Japan's Colopl.
Other investors in the fund include former Take-Two Inter... |
11.04.2023 | MPL’s Mayhem Studios Raises $20 Mn From Sequoia India, Steadview | Forbes India
The gaming studio, launched in May 2022, develops AAA mobile games and released its first gaming title shortly after its launch
Mayhem Studio reportedly plans to deploy the incoming funds to boost its capabilities and develop n... |
10.04.2023 | Here’s Why Online Gaming Startups Could Be Grinning Right Now | A group of ministers, headed by Meghalaya Chief Minister Conrad Sangma, is likely to recommend the highest 28% GST on betting, casinos and horse racing
The GST council will take the final decision in its next meeting, which is to be held in... |
25.03.2023 | Indian Market Yet To Catch Up With Monetisation Of Games: Nazara CEO | While the number of online gamers crossed the 500 Mn mark last year in the country, it has not translated into an increase in monetisation of games, Mittersain said
Speaking at Inc42’s The Makers Summit, the CEO said that only the real mone... |
17.03.2023 | Lumikai led $5 M Pre-series A funding raised by gaming platform BuyStars | Lumikai, a firm with a focus on gaming and interactive media, led a $5 million pre-series A round of funding for the sports collectibles and gaming platform BuyStars. Leo Capital and Chiratae Ventures, two previous investors, also contribut... |
28.01.2023 | Studio Sirah Raises $2.6 Mn In Pre-series A Round | Studio Sirah, a Bengaluru-based gaming studio that makes mid-core India-first games, has raised $2.6 million in its pre-series A round. The funding round was led by VC firm Kalaari Capital and seed investor Lumikai.
As per the startup, the ... |
25.01.2023 | Studio Sirah Raises Funding From Kalaari Capital For Global Launch Of Its Flagship Game | Studio Sirah will utilise the fresh funds to launch its flagship game ‘Kurukshetra: Ascension’ globally by June 2023
Studio Sirah, which builds mid-core games, embedded with Indian culture and lore, for mobile and PC, will also use the fund... |
02.01.2023 | Online gaming: IT ministry proposes due diligence, self-regulation | The Ministry of Electronics and Information Technology (MEITY) on Monday published draft online gaming rules under which it has proposed a host of measures to regulate what is estimated to be worth $2.6 billion industry. These proposed rule... |
30.11.2022 | Esports Startup Gamerji Raises $3 Mn In Pre-Series A Funding | Gamerji, an E-sports tournament platform, has raised $3 million in a pre-Series A funding round from GVFL (formerly Gujarat Venture Finance Limited) and existing investor Unicorn India Ventures.
As per the startup, the raised funds will be ... |
08.11.2022 | Gaming Marketplace Driffle Raises $3.4 Million In Seed Funding Round | Digital gaming marketplace Driffle has raised $3.4 million (around Rs 27.8 crore) in a seed funding round led by Beenext.
Jafco Asia, Taurus Ventures, Better Capital, White Venture Capital and renowned angel investors like Kunal Shah, Manin... |
09.11.2021 | How the concerns of gamers change depending on where they live | Join gaming leaders, alongside GamesBeat and Facebook Gaming, for their 2nd Annual GamesBeat & Facebook Gaming Summit | GamesBeat: Into the Metaverse 2 this upcoming January 25-27, 2022. Learn more about the event.
Gamers in North Ameri... |
09.11.2021 | How the concerns of gamers change depending on where they live | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
Gamers in North America seem to focus on the same handful of concerns. For example, they constantly ask publishers if certain upcoming ... |
27.06.2021 | Loco raises $9M for esports and game livestreaming in India | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
Loco has raised $9 million in seed funding to enable esports and game livestreaming in India.
The new investment will fuel the Mumbai c... |
27.06.2021 | Loco raises $9M for esports and game livestreaming in India | Join gaming leaders, alongside GamesBeat and Facebook Gaming, for their 2nd Annual GamesBeat & Facebook Gaming Summit | GamesBeat: Into the Metaverse 2 this upcoming January 25-27, 2022. Learn more about the event.
Loco has raised $9 mi... |
18.08.2020 | With first female general partner, game VC fund focuses on Indian startups | Lumikai unveiled its early-stage venture capital fund this week, with a focus on India’s fast-growing gaming and interactive markets. The concentration on Indian game startups is a first, but the fund marks another first: a female general p... |
18.08.2020 | With first female general partner, game VC fund focuses on Indian startups | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
Lumikai unveiled its early-stage venture capital fund this week, with a focus on India’s fast-growing gaming and interactive markets. T... |
- | Lumikai led $2 M Seed funding raised by media SaaS platform Frammer AI | The Lumikai-led seed funding round for media SaaS platform Frammer AI brought in $2 million.
In a press release, Frammer AI stated that the additional funding will be used to grow into the sports and entertainment industries, bolster its te... |