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Udupi-based gaming startup 99Games Online Pvt. Ltd. has raised an undisclosed amount of funding from Japanese investment firm Dream Incubator. Existing investors Ascent Capital and Kalaari Capital also participated in this round, Rohith Bhat, managing director and chief executive of 99Games told Techcircle. The firm will use the funds to develop its two new intellectual properties (IPs) and to establish an India-specific gaming IP, he explained. Read More
Udupi-based gaming startup 99Games has raised an undisclosed amount of funding from Japanese investment firm Dream Incubator, along with participation from existing investors Kalaari Capital and Ascent Capital. This is Dream Incubator’s debut investment in India. Rohith Bhat, founder of 99Games stated, “The focus for the deployment of funds will be on user acquisition purposes for our global games and to build games for the Indian market, with two female-focused games launching this year, targeting a female age group between 25 and 55.” Read More
Japanese investment firm Dream Incubator which has made its debut investment in India, has led an undisclosed funding round in Udupi-based gaming startup 99Games, accompanied by existing investors Kalaari Capital and Ascent Capital. "The focus for the deployment of funds will be on user acquisition purposes for our global games and to build games for the Indian market, with two female-focused games launching this year, targeting a female age group between 25 and 55," said Rohith Bhat, founder of 99Games. Read More