HighXP Raises $2.2 Million in Seed Funding to Accelerate Growth of Social Casual Games
- ByStartupStory | June 13, 2023
Leading gaming studio, HighXP, has successfully secured $2.2 million in seed funding in a round led by 3one4 Capital, along with participation from Prime Venture Partners and Gemba Capital. Notable angel investors, including Anuj Tandon, Rahul Bhardwaj, and Giri Patil, also contributed to the funding. The investment will be utilized to fuel the growth of HighXP’s debut game, Doodle Me, available for free on Google Play store and Apple App Store, as well as to support the development and launch of additional exciting games.
Doodle Me, a social drawing and guessing game suitable for players aged 5 and above, has gained significant popularity among users. HighXP’s CEO, Shankara Seethappa, expressed enthusiasm about the investment, stating, “We are thrilled to receive this investment, which will enable us to continue developing engaging and fun games for our players. With this funding, we look forward to expanding our team and launching new games that will captivate players around the world.”
Founded by Shankara Seethappa and Raghu Sankar, both with extensive experience in the gaming industry, HighXP is dedicated to creating enjoyable social-casual games for a global audience. The founders have previously held key positions in renowned gaming companies such as Microsoft, Zynga, and Big Viking Games.
Sonal Saldanha, VP of Investments at 3one4 Capital, expressed excitement about collaborating with HighXP, stating, “India has so much to offer in terms of gaming talent. HighXP is a tremendous opportunity for us to work with a seasoned team building mobile games that will be loved by audiences the world over.” Shripati Acharya, Managing Partner at Prime Venture Partners, echoed this sentiment, emphasizing the founders’ expertise and the potential of HighXP’s social-casual games.
The investment in HighXP highlights the growing demand for interactive and engaging gaming experiences, aligning perfectly with the studio’s focus. This latest funding round follows the successful seed funding of another casual gaming startup, Giga Fun Studios, which raised $2.4 million earlier this year.
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