LightFury Games raises a whopping 8.5 million USD in seed round
Karan Shroff (Co-founder and CEO at LightFury Games) expresses profound gratitude for the unwavering support received from investors and shares his excitement for the journey ahead.
LightFury Games, a rising star in the gaming industry, has secured a substantial 8.5 million USD in its recent seed funding round. The round was spearheaded by Blume Ventures, complemented by investments from MIXI, Inc, Gemba Capital, and notable angels like Kunal Shah and Gaurav Munjal.
This funding injection signifies a significant milestone for LightFury Games, as it embarks on its mission to develop top-tier AAA titles that will firmly establish India as a prominent player on the global gaming stage.
The Indian gaming industry has witnessed remarkable growth in recent years, fueled by a burgeoning population of gamers, increasing smartphone penetration, and a growing appetite for immersive gaming experiences. With the rise of strong players like LightFury Games, the landscape of the Indian gaming industry is undergoing a transformative shift.
In line with its ambitious vision, the company aims to emulate the success of gaming giants like Tencent by establishing two state-of-the-art gaming studios.
The first studio will be strategically situated in Bangalore, India, a burgeoning hub of technology and innovation. The second studio will find its base in London, UK, tapping into the rich talent pool and vibrant gaming ecosystem of the region.
Karan Shroff (Co-founder and CEO at LightFury Games) expresses profound gratitude for the unwavering support received from investors and shares his excitement for the journey ahead. Alongside his esteemed colleagues Tina Balachandran and Anurag Banerjee, Shroff is poised to lead LightFury Games into a new era of gaming excellence, showcasing India’s prowess in the global gaming arena.
