Well-Funded Gaming Startup Looking to Invest / Acquire Gaming Companies
☆☆☆☆☆5/5
Listing ID : KS
industry : Media & Entertainment
sub industry : Gaming, AR/VR
city : Mumbai
state : Maharashtra
Investment type : Investment & Acquisition
investment range : ₹70 Crore
Company Description
Background: Real Money Gaming Startup based out of India looking to acquire ventures into gaming or AR/VR technology. The startup had recently closed a USD 10 Mn and is in the process of closing another USD 60 Mn round by January. The funds for the current round would be primarily for strategic acquisitions in India. The objective of the acquisition is to increase their user base and thus valuation prior to an IPO next year.
Minimum Criteria: The target company must have an existing user base even if the revenue figures are low
Transaction Type: Primary Investment + Secondary sale for existing investors