Bombay Play, a hypersocial gaming startup, has raised $7 million in its Series-A round led by Kalaari Capital. The round also saw participation from existing investors: Lumikai Fund, Leo Capital and PlayCo.
According to the startup, it is also getting a vote of confidence from new investors like Winzo, AdvantEdge VC, AMEA Ventures amongst others. The startup has now raised over $9.5 million in capital, and the latest financing more than quadruples the valuation of its pre-Series A round in 2020.
Founded in 2018 by Oliver Jones and Abhas Saroha, Bombay Play is a game publisher in the hypersocial gaming genre and has developed popular games like Dice Merge Puzzle, Card Party, and Daily Word Puzzle that claims to have over 40 million players worldwide.
Headquartered in Bengaluru, the firm has been growing 3X Y-O-Y since the beginning of its operations. Currently employing 50 people, the company is planning to double its headcount by the end of FY22.