Lumikai Fund Leads Giga Fun Studios’ $2.4Mn Seed Round to build next-generation casual games
Giga Fun Studios Founders: Rahul Shekhar, Ragul Daga, Krishnendu Mukherjee (L-R) We are thrilled to announce our investment in Giga Fun...
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Moneycontrol
- Oct 14, 2022
- 1 min
Supernova Raises $1.1M in Pre-Seed Funding
Lumikai is super stoked to announce Supernova’s $1.1M pre-seed funding. Traditional ed-tech models are often characterized by high...
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Moneycontrol
- Jun 22, 2022
- 1 min
CloudFeather Games Raises $1.25M in Seed Round Funding
Lumikai is thrilled to have led CloudFeather Games’ $1.25M seed round. CloudFeather is building a next-generation suite of competitive...
36 views1 comment
Economic Times
- Jun 2, 2022
- 1 min
Eloelo Raises $13M Series A Round in Funding
We are extremely elated to announce that Lumikai's portfolio company, Eloelo, has raised a fresh round of funding amounting to $13M....
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VentureBeat
- Apr 4, 2022
- 1 min
Bombay Play raises $7M in new round of funding
We are extremely elated to announce that Lumikai's portfolio company, Bombay Play, has raised a fresh round of funding amounting to $7M....
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Economic Times
- Mar 14, 2022
- 1 min
Loco raises $42 million in Series A round led by Hashed
We are pleased to announce that India's largest homegrown games-streaming platform Loco has raised $42 million in a Series A round led by...
63 views2 comments
Medium
- Jan 5, 2022
- 3 min
Crater.Club closes seed round of $1.2M from Lumikai and others
We’re thrilled to announce our investment in Crater.Club, an innovative new live streaming and monetization platform for creators and...
75 views1 comment
Moneycontrol
- Dec 24, 2021
- 6 min
2021 was the year people in India started spending money on mobile games
A key reason for the trend is that the gaming habits of consumers are maturing and they are moving beyond casual games to those that...
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VentureBeat
- Sep 3, 2021
- 4 min
Studio Sirah raises $830K for India-first mobile games
Studio Sirah has raised $830,000 for its midcore, India-first mobile games. India-focused game venture capital fund Lumikai led the...
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Medium
- Sep 3, 2021
- 3 min
Studio Sirah raises $830K seed round to build mid-core, India-first games
Lumikai is thrilled to lead the $830K seed round into Studio Sirah, a new mobile gaming studio with a bold, exciting mandate to build the...
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VentureBeat
- Jul 27, 2021
- 2 min
Eloelo raises $2.1M for creator-led social gaming platform in India
Eloelo, a startup that is India’s fastest growing creator-led live social gaming platform, has raised $2.1 million in funding. Founded in...
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Medium
- Jul 27, 2021
- 3 min
Lumikai & Waterbridge lead $2.1M pre-series A round into live social gaming platform Eloelo
Today we’re excited to announce our investment into Eloelo, India’s fastest growing creator-led, live social gaming platform. Co-leading...
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VentureBeat
- Jun 29, 2021
- 2 min
Loco raises $9M for esports and live games streaming in India
Loco has raised $9 million in seed funding to enable esports and live games streaming in India. The new investment will fuel the Mumbai...
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yourstory
- Jun 29, 2021
- 2 min
Game streaming platform Loco raises $9M from Krafton, Lumikai
Homegrown game streaming platform Loco said it raised $9 million in a seed round led by South Korean gaming firm Krafton and Lumikai,...
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yourstory
- Mar 3, 2021
- 2 min
[Funding alert] All-Star Games raises $1.5M in pre-Series A round led by Lumikai
Play Ventures also participated in the funding round for the Bengaluru-based sports gaming studio All-Star Games. Gaming-focused venture...
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VentureBeat
- Mar 2, 2021
- 2 min
India’s All-Star Games raises $1.5 million to make cricket sports games
Indian game startup All-Star Games has raised $1.5 million to make multiplayer games based on sports such as cricket on iOS and Android....
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Livemint
- Feb 9, 2021
- 2 min
Gaming startups see investments boom
The online gaming boom triggered by the coronavirus pandemic has channelled hundreds of millions of dollars into Indian gaming startups...
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yourstory
- Feb 8, 2021
- 5 min
MPL’s fundraiser, Nazara’s IPO debut portends the future of Indian gaming startups
With gaming startup MPL soon set to become the next unicorn and Nazara poised to make its stock market debut, the Indian gaming sector...
21 views1 comment
The Gaming Economy
- Dec 23, 2020
- 3 min
Predictions 2021: VC investment
In the second of TheGamingEconomy’s 2021 Predictions series, we take a look at some of the key statistics from the TGE Index on venture...
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yourstory
- Dec 10, 2020
- 6 min
Online gaming in 2020: Year of Ludo King, PUBG ban, rapid user growth, increased funding
In 2020, India’s online gaming sector gained tremendously from the coronavirus lockdown, and continued to grow throughout the year. Even...
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