Bombay Play, the game development studio in its Series A funding round led by Kalaari Capital with participation from investors such as WinZO, AdvantEdge VC, AMEA Ventures has raised $7 million.
Leo Capital, PlayCo and Lumikai, who are the existing investors were also involved in the funding round. Following this funding round, Bombay Play raised over $9.5 million in capital so far along with $1.5 million raised in June 2020 and $1 million in a round in December 2020.
Bombay Play was founded by Abhas Saroha and Oliver Jones in 2018. The organization currently has 50 staff and aims to double it. The game concentrates on the hypersocial gaming genre, i.e. HTML5-based casual games that are developed with a social-first approach and are easy to play across different platforms.
Oliver Jones, CEO of Bombay Play, said, “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.”
Vani Kola, Managing Director, Kalaari Capital, said, “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.”