Insights

Read the latest news, media and insights from and about us.

Indian gaming industry poised for strong growth: projected to reach $7.5 Bn by FY28

Lumikai

Nov 2, 20232 min read

Indian gaming industry poised for strong growth: projected to reach $7.5 Bn by FY28

We are thrilled to announce the release of our annual State of India Gaming Report FY23, in collaboration with Google. The Indian gaming...

6,845 views4 comments

Lumikai

Mar 7, 20232 min read

Lumikai Pathbreakers Edition IV

“Great things are done by a series of small things brought together” — Vincent Van Gogh A decade ago, only 32% of women in India had...

191 views11 comments

For investors, early-stage gaming is where the magic is

Lumikai

Dec 21, 20224 min read

For investors, early-stage gaming is where the magic is

What do Roblox, League of Legends, Candy Crush, Clash of Clans and WordTrip have in common? They’re all multi-billion-dollar gaming IPs —...

469 views5 comments

India’s gaming market hit $2.6 billion in FY22 and is projected to reach $8.6 billion in FY27

Lumikai

Nov 4, 20222 min read

India’s gaming market hit $2.6 billion in FY22 and is projected to reach $8.6 billion in FY27

We are thrilled to announce the release of the executive summary from Lumikai’s annual State of India Gaming Report FY 2021-22. India is...

7,014 views5 comments

Lumikai

Sep 6, 20225 min read

The Entrepreneur Athlete

Entrepreneurship is hard. A founder can traverse an entire spectrum of emotions ranging from abject misery to extreme excitement, often,...

37 views0 comments

Lumikai

May 26, 20228 min read

From the Lumikai Desk: Macroeconomic Observations, Gaming, and Web3

12 months ago it became clear to us that our worldview was different from that of others. In January 2022, we decided to document our...

189 views1 comment

Medium

Apr 20, 20221 min read

Constructing the Ideal P2E Economy

How do you construct the ideal P2E economy? Warren Buffet once said: “When a management with a reputation for brilliance tackles a...

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Leveling Up: India's Gaming Market 2021🎮

Lumikai

Nov 30, 20212 min read

Leveling Up: India's Gaming Market 2021🎮

The best time to invest in a sector is when it violates a narrative. When Lumikai GPs, Justin Shriram Keeling and Salone Sehgal ideated...

2,907 views0 comments

The Lumikai Latest: Decoding the use cases for Blockchain Gaming

Medium

Nov 8, 202113 min read

The Lumikai Latest: Decoding the use cases for Blockchain Gaming

Depending on who you talk to, gaming’s blockchain opportunity has been characterised by breathless hype or dismissed as a fad. The true...

314 views2 comments

Medium

Sep 23, 202113 min read

Lumikai Pathbreakers - II Edition

“Do we settle for the world as it is, or do we work for the world as it should be?” This is a quote Michelle Obama used to motivate...

208 views0 comments

Studio Sirah raises $830K seed round to build mid-core, India-first games

Medium

Sep 3, 20213 min read

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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The Lumikai Latest: Mapping India's Cambrian Explosion In Gaming

Medium

Aug 2, 20216 min read

The Lumikai Latest: Mapping India's Cambrian Explosion In Gaming

We’re often asked about the similarities between the growth curve of China’s and India’s gaming markets. In this blog, we’ll take a look...

581 views10 comments

Lumikai & Waterbridge lead $2.1M pre-series A round into live social gaming platform Eloelo

Medium

Jul 27, 20213 min read

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...

114 views0 comments

The Lumikai Latest: Decoding The Indian Gamer

Medium

Jul 8, 20215 min read

The Lumikai Latest: Decoding The Indian Gamer

Who is the Indian Gamer? An average Indian online gamer is below the age of 24, introduced to online gaming through their friends,...

222 views0 comments

Are you venture fundable? Here's a 5-point checklist to find out.

Lumikai

Jun 18, 20213 min read

Are you venture fundable? Here's a 5-point checklist to find out.

Lumikai’s purpose is to curate and fund the next generation of visionary, forward-thinking founders across India’s gaming and interactive...

296 views0 comments

Medium

May 31, 20211 min read

Introducing Lumikai Spark

If you’re building a games company, come join a 1-on-1 jam session with our General Partners, Justin, and Salone.

1,144 views1 comment

Medium

May 19, 20217 min read

The Lumikai Latest: Issue #1

Lumikai thesis and philosophy What we look for, and why we foresee a golden age of Indian gaming. India’s gaming and interactive media...

133 views0 comments

Medium

Mar 31, 20216 min read

A high-level primer on IDFA

At Lumikai we’re often asked about IDFA, and what the imminent changes in Apple’s policy mean for the broader ecosystem. While there have...

58 views0 comments

Lumikai leads $1.5M pre-series A round into All-Star Games

Medium

Mar 3, 20213 min read

Lumikai leads $1.5M pre-series A round into All-Star Games

Today we’re excited to announce Lumikai’s investment into India’s leading mid-core sports gaming studio, All Star-Games (formerly...

83 views0 comments

Medium

Jan 25, 202112 min read

Lumikai pathbreakers

The Bold & Brilliant Women in India’s Gaming Industry Who Dared To Tread A Different Path. “If you can’t see it, you can’t be it.” This...

76 views0 comments