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[Funding alert] All-Star Games raises $1.5M in pre-Series A round led by Lumikai

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Gaming-focused venture fund Lumikai announced it has invested $1.5 million, along with Play Ventures, in a pre-Series A round in the Indian midcore sports studio All-Star Games (previously Deftouch).
“We’re buzzing to work alongside Lumikai fund, said All-Star Games CEO and Co-Founder Ninad Bhagwat. Their deep sector experience and strategic support will position us at the top of the game for the next part of our journey. Together with Harri (Manninen) and Henric (Suuronen) at Play Ventures, it s an absolutely dream combination for the studio.
The startup is looking to hire people for different roles. The startup was founded by Ninad and Keshav Sunder, who grew up playing mobile games and bring a native understanding of the nuances derived from the best in the global games market. ....

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Lumikai leads $1.5m investment round in All-Star Games

The Indian VC fund Lumikai has led a $1.5 million investment round in the Bangalore-based studio All-Star Games.
The $1.5 million pre-Series A round also featured a contribution from Play Ventures, an investment firm with offices in Singapore and Finland.
All-Star Games, which was previously known as Deftouch, is a specialist in sports titles for the midcore audience on mobile. To date, the studio has launched two cricket games, and has a third, All Star Cricket, at the minimum viable product stage.
Our investment in All-Star represents the conflux of two massive white spaces, said Justin Keeling, general partner at Lumikai, in a statement. Deeper midcore gaming for India s 400 million gamers, and the potential to build a next-generation, world-class cricket gaming franchise with true mass appeal. ....

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Lumikai leads $1.5m investment round in All-Star Games

Lumikai leads $1.5m investment round in All-Star Games
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