Kalaari led a $7 million funding round for Bombay Play
- ByStartupStory | April 5, 2022
Bombay Play, a Bengaluru-based social multiplayer gaming firm, revealed on Monday that it had raised $7 million in a Series A fundraising round. Kalaari Capital led the round, which included current investors Lumikai Fund, Leo Capital, and PlayCo, as well as new investors Winzo, AdvantEdge VC, and AMEA Ventures.
According to the official announcement, the business plans to use the new funds to expand its existing ‘hypersocial’ game offers, support prospective ventures, and invest in category innovation.
The Bengaluru-based startup, founded in 2018 by Oliver Jones and Abhas Saroha, employs 50 individuals. By the end of 2023, it intends to double its workforce. Bombay Play is a game publisher specializing in the hyper-social gaming genre, which allows users to play games via a link rather than downloading an app. Dice merge puzzles, card parties, and daily word puzzles are among the games it has created.
The company claims to be a game publisher that pioneered the hypersocial gaming genre, with games including Dice Merge Puzzle, Card Party, and Daily Word Puzzle attracting over 40 million players worldwide. The firm has now raised more than $9.5 million in funding, and the latest round more than quadruples the value of its Pre-Series A round from 2020.
Salone Sehgal, a General Partner of Lumikai, a gaming and interactive media fund, was an early investment in Bombay Play, said Vani Kola, Managing Director, Kalaari Capital.
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