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Loco raises $42 million in Series A round led by Hashed

Economic Times

Mar 14, 20221 min read

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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Crater.Club closes seed round of $1.2M from Lumikai and others

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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2021 was the year people in India started spending money on mobile games

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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Studio Sirah raises $830K for India-first mobile games

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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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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Eloelo raises $2.1M for creator-led social gaming platform in India

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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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...

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Loco raises $9M for esports and live games streaming in India

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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Game streaming platform Loco raises $9M from Krafton, Lumikai

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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[Funding alert] All-Star Games raises $1.5M in pre-Series A round led by Lumikai

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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India’s All-Star Games raises $1.5 million to make cricket sports games

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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MPL’s fundraiser, Nazara’s IPO debut portends the future of Indian gaming startups

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...

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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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Online gaming in 2020: Year of Ludo King, PUBG ban, rapid user growth, increased funding

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...

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Lumikai leads seed funding in social gaming studio Bombay Play

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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Bombay Play raises $1 million for social games as India’s game studios blossom

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...

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PGC Digital: India overtakes US to become second-biggest game download market globally

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...

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India’s fantasy sports start-ups bat for glory during new cricket season

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...

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How Lumikai, India’s first gaming-focused VC fund, plans to unearth local winners like Ludo King

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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