Bombay Play raises $7m in Series A
Danielle Partis
News Editor
Monday 4th April 2022
Indian hypersocial publisher Bombay Play has raised $7 million in a round of Series A funding, bringing its total capital raised to $9.5 million.
The round was led by Kalaari Capital, with participation from returning investors Lumikai FUnd, Leo Capital and PlayCo, as well as new investors including Winzo, AdvantEdge VC, and AMEA Ventures.
With the money raised, the firm aims to expand its offering in the hypersocial genre, as well as support "upcoming projects."
Bombay Play was founded in 2018 by Zynga and Moonfrog veterans Oliver Jones and Abhas Saroha. It currently employs 50 staff, and hopes to double its headcount by the end of the financial year.
"Since the inception of Bombay Play, our aim has been to create games that you can play with your friends seamlessly," Jones said in a statement. "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 ."
In 2020, Lumikai invested $1 million in the Bangalore-based company shortly after the release of its multiplayer game, Card Party.
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