Play Ventures also contributed to a pre-Series A tour for the Bangalore-based sports game developer
Indian VC fund Lumikai has led a $ 1.5 million investment round in Bangalore-based studio All-Star Games.
The $ 1.5 million pre-Series A round also included a grant from Play Ventures, an investment company with offices in Singapore and Finland.
All-Star Games, formerly known as Deftouch, is an expert on sports titles for the mobile midline audience. To date, the studio has launched two cricket matches, and the third, All Star Cricket, is at the lowest possible level of output.
“Our investment in All-Star represents the confluence of two major white spaces,” Justin Keeling, a general partner at Lumikai, said in a statement. “A deeper medieval game for 400 million Indian gamers, and the ability to build a world-class cricket franchise with real appeal.”
While this is Play Ventures ’first step into India, Lumikai was founded last year with the clear goal of building the country’s growing game development vision.
In December 2020, Lumikai made a $ 1 million seed investment in another Bangalore-based studio, Bombay Play.