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...
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Medium
Jan 5, 20223 min read
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...
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Moneycontrol
Dec 24, 20216 min read
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, 20214 min read
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, 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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VentureBeat
Jul 27, 20212 min read
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, 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...
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VentureBeat
Jun 29, 20212 min read
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, 20212 min read
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, 20212 min read
[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, 20212 min read
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, 20212 min read
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, 20215 min read
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...
31 views1 comment
The Gaming Economy
Dec 23, 20203 min read
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, 20206 min read
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...
76 views0 comments
VC Circle
Dec 7, 20202 min read
Lumikai leads seed funding in social gaming studio Bombay Play
Bombay Play Pvt. Ltd, which operates a gaming studio that develops properties with a social component, has raised $1 million (Rs 7.37...
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VentureBeat
Dec 6, 20204 min read
Bombay Play raises $1 million for social games as India’s game studios blossom
Bombay Play, a Bangalore, India-based game studio, has raised $1 million to make social games for global markets. India’s game studio...
20 views0 comments
Pocketgamer.biz
Nov 12, 20202 min read
PGC Digital: India overtakes US to become second-biggest game download market globally
Only China sees higher downloads worldwide India has overtaken the US to become the second-biggest game download in the world at six...
14 views0 comments
Financial Times
Sep 26, 20205 min read
India’s fantasy sports start-ups bat for glory during new cricket season
Online gaming sector has become investor darling despite strict national rules on sports betting As Virat Kohli and AB de Villiers helped...
16 views0 comments
yourstory
Aug 24, 20204 min read
How Lumikai, India’s first gaming-focused VC fund, plans to unearth local winners like Ludo King
Lumikai Fund aims to be the first source of institutional capital for early-stage gaming and interactive media startups in India. Here’s...
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