Zupee, an India-based gaming startup focusing on releasing online skill-driven games to provide learning and develop skills, has bagged US$ 30 million in a Series B funding round co-led by WestCap and Tomales Bay Capital on 17 August 2021.

Investors: The latest investment round featured Tomales Bay Capital and WestCap as the lead investors with participation from Matrix Partners India and Orios Venture Partners. It managed to raise US$ 10 million in its previous funding round with WestCap, again, contributing as the lead investor.

Purpose of the funding: The startup seeks to deploy the proceeds from the investment round towards stimulating the scaling process by increasing the product portfolio size, extending market share, and recruiting employees worldwide.

About Zupee

Zupee Logo

Brought to existence by Dilsher Malhi and Siddhant Saurabh, alumni of IIT Kanpur, in 2018, Zupee aims to enrich talent and to upskill the youth, who are the country’s future workforce, by developing products that educate, notify and amuse. The firm envisages enhancing people’s lives spread across different geographies by boosting their intellectual and cognitive skills and logical reasoning through mental puzzles, applications and games formulated from quotidian activities. The startup claims to have assisted over 10 million people in extending their overall knowledge, analytical thinking and competitive abilities. The corporation’s portfolio has unique gaming arrangements of diverse and well-liked board games. Its gaming application organizes real-time trifle quiz contests and has observed around 250 million gameplays.

What the Founder has to say: “I have been diligent towards creating a company which allows people all over the world to enrich their enjoyment with the help of games. We have been innovating to guarantee our offering stimulates skill development and entertainment, giving our customers access to make money from playing. We are still a young corporation with nearly 10 million satisfied Indian customers, seeking to cater billions more worldwide in the near future.”- Dilsher Malhi, Co-Founder and CEO of Zypee.

What the Investors have to say: “WestCap plays the role of a vital strategic investor and advisor for the startup, and it aims to increase its stake in Zupee by leading the latest investment round. The Zupee team has built several captivating and commonly played mobile games to upskill Indians. Zupee provides games which are engaging, entertaining, and empowering to the most diverse audience in the gaming domain.”- Laurence A. Tosi, Founder and Managing Partner of WestCap.

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Sankalp majorly focuses on writing newsletters on VCBay. He is pursuing Bachelors in Economics from the University of Delhi and exhibits proficiency in content writing and research.

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