Gaming startup Bombay Play has raised an amount of $1.5 million in its Pre-Series A round.
Moreover the investments have come in from Leo Capital, along with angel investor and Co-founder of Livspace, Ramakant Sharma.
Also it has been heard that Bombay Play will be utilizing the funds for hiring talent and geographically enhancing its reach
Dinesh Singh, Venture Partner, Leo Capital, stated that India has emerged as one of the top gaming hubs of the world within a matter of years. Also In a young country with half of the population below the age of 25, a firm like Bombay Play has the capacity to bring in fresh and exciting gaming content. They’re hoping that this investment will assist them in bettering their potential and collaborating with the best gaming talent around the globe.
It was Founded by Abhas Saroha and Oliver Jones.
Bombay Play designs and makes online multiplayer games. Before Bombay Play, Abhas was leading engineering teams at Zynga, Moonfrog Labs and Makemytrip. Oliver to the contrary is the previous co-founder of Moonfrog Labs and had directed games at Zynga and Glu mobile.
Its most popular games are Pokemon Tower Battle, Card Party and 29 Card Games.
Also The startup very soon is planning to launch a Battle Royale Game.
Ramakant Sharma, Co-founder of Livspace also said that Bringing friends and family together has become even more relevant in the midst of the pandemic and the lockdown. The content offered by Bombay Play shows the masses how games will evolve to become a more integrated part of people’s social lives. Bombay Play has claimed and proved itself to be one of the most innovative game-makers in India and he’s extremely happy to be a part of their journey to becoming leaders in gaming world wide.
Venture Capital firm Leo Capital concentrates on early-stage tech investments, and has built a portfolio of 19 companies since its launch in the year 2017.
Also It has so far invested in startups like diabetes management app BeatO, women’s community platform Sheroes, and edtech startup Edureka.