Hyper-social gaming platform Bombay Play raised USD 7 million (over INR 52 crore) in the Series A round of funding. Bangalore-based gaming startup raised funds on April 4, 2022.

Kalaari Capital led the Series A round of funding for Bombay Play.

Besides, existing investors Lumikai Fund, Leo Capital, and PlayCo participated in the funding. Meanwhile, new investors like Winzo, AdvantEdge VC, and AMEA Ventures, amongst others, invested in the round.

Purpose of Funding for Bombay Play

The recent funding will aid the company to invest in scaling its existing ‘hyper-social’ game offerings. It will also support upcoming projects and allocate capital toward product development. Vested Finance will also focus on innovation and technological capabilities.

So far, Bombay Play has raised over USD 9.5 million (INR 72 crore) in the capital since its pre-Series A round in 2020.

What the founder has to say

“Since the inception of Bombay Play, our aim has been to create games that you can play with your friends seamlessly. Our team’s ambition is to disrupt the current casual games market with hypersocial game designs by leveraging our cross-platform distribution channels. We are delighted to have found the confidence of investors in our journey to build a gaming innovation factory in India. With the amount raised, we will scale up existing offerings while investing in cutting-edge technologies to elevate the social experience of casual gamers worldwide,” said Oliver Jones, CEO of Bombay Play.

What the investor has to say

“We were highly impressed with what Oliver and Abhas have been able to achieve, and they are definitely one of the most experienced gaming entrepreneurs in the country today. We are very excited about how they are disrupting the casual gaming industry with their hypersocial model and are delighted to partner with them in this journey,” said Vani Kola, Managing Director at Kalaari Capital.

In addition, Salone Sehgal, General Partner at Lumikai, said, “We have witnessed the tremendous evolution of Bombay Play as a studio from seed to scale. Oliver and Abhas bring extensive domain expertise, strong user insights, data-driven development and a world-class team. This “innovation mindset” has enabled them to develop successful titles such as Dice Merge, Card Party, Daily Word Puzzle, which appeal to millions of players across the world.”

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Jasleen Bhatia works as a content writer for VCBay News. She is pursuing her final semester in Bachelor of Business Administration from IIPS, DAVV. Driven by her keen interest in entrepreneurship and finance, she writes business-related articles.


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