Casual Gaming Studio QuriousBit Bags $2Mn Funding From Lumikai, General Catalyst

Portfolio News
27 Sep 2023
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Lumikai has made a $2Mn seed investment in QuriousBit, a casual gaming studio setting out to redefine the puzzle games landscape, with General Catalyst as co-investor. Founders Ramakrishna Reddy Y L and Shubham Joshi were previously product and tech leads at PlaySimple, where their games drove more than 125Mn installs and cumulative revenues of over $350Mn.

They played a key role in one of the largest exits in Indian gaming, PlaySimple's acquisition by MTG for over $500Mn. Lumikai is backing the team's progressive approach to game development and distribution as they set out to put India on the global map of hit puzzle games.

Read the article here.