Bombay Play raises $7 Mn in Series-A, records one of the biggest Series-A investments in an Indian gaming studio - GADGET-INNOVATIONS

Bombay Play raises $7 Mn in Series-A, records one of the biggest Series-A investments in an Indian gaming studio

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  • The funding round was led by Kalaari Capital while also witnessing participation from all of its existing investors namely Lumikai Fund, Leo Capital and PlayCo.

     

     

  • With the capital raised, the company plans to invest it in scaling its  existing ‘hypersocial’ game offerings, supporting upcoming projects while also devoting a sum towards innovation in the segment 


 

 




Bombay Play, a leader in hypersocial gaming, recently raised $7Mn in its Series-A funding round. Led by Kalaari Capital, the round witnessed participation from existing investors - Lumikai Fund, Leo Capital and PlayCo. while also getting a vote of confidence from new investors like Winzo, AdvantEdge VC, AMEA Ventures amongst others. 

 

 


Bombay Play is a game publisher pioneering the hypersocial gaming genre and has developed popular games like Dice Merge Puzzle, Card Party, and Daily Word Puzzle that have over 40 Million players worldwide.

 

 


The company has now raised over $9.5 million in capital, and the latest financing more than quadruples the valuation of its Pre-Series A round in 2020. 

 



Founded in 2018 by Oliver Jones and Abhas Saroha, Bombay Play is currently head-quartered in Bangalore and has been growing 3X Y-O-Y since the beginning of its operations. Currently employing 50 people, the company is planning to double its headcount by the end of FY 2022. 

 

 

India, April 4th, 2022