Indian gaming companies facing tougher challenges compared to China: Salone Sehgal of VC fund Lumikai

Lumikai was recently featured in an Economic Times article where Salone Sehgal, Founder and General Partner, shared her perspectives on the unique challenges faced by Indian gaming companies.

Salone discussed how Indian gaming startups operate in a more competitive environment compared to companies in China, emphasizing the resilience, capital efficiency, and persistence required to succeed against larger incumbents. She also highlighted the increasing difficulty of earning user loyalty in a market that is highly aware of Western products and experiences.

At the second edition of Startup Mahakumbh, Lumikai joined the conversation on India’s rapidly growing gaming sector. With the Indian market projected to reach $9.1 billion by 2029, gaming remains one of the most lucrative and high-liquidity sectors globally. Salone pointed out the significant growth potential in India, especially as Western markets experience saturation. You can read the entire article here.