Indian gaming startup Giga Fun Studios, which specialises in casual game development, has raised $2.4 million in funding. The company will use the funds to create a new benchmark in the field of casual games created with high quality for Indian and global audiences. The founders have extensive experience in creating casual games and will invest heavily in building a stellar team that will be a hub for “India’s finest” game developers.
The partners were Lumikai, India’s leading gaming and media-focused venture capital fund, and consumer products specialists Fireside Ventures, All In Capital and Riverwalk Holdings.
A side note: Fenix Games has raised $150 million
About Giga Fun Studios and its priority goals for the future
The founders develop games with accessible and simple but compelling game loops, adapted user interface and design, and affordable pricing and distribution through third-party app shops. The long-term goal is to export the richness of Indian culture worldwide through casual game projects, creating the King of India conglomeration.
The founders include Krishnendu Mukherjee, former head of game design at MPL and lead product manager at Zynga; Rahul Daga, former product director at Zynga and former head of country at m56 Studios; and Rahul Shekhar, former lead engineer at m56 Studios.
We were brainstorming on the idea of creating a game studio aimed at the Indian audience, and the main problem we mutually identified was that while the current casual games, though of very high quality, they have failed to fully expose the Indian player base due to lack of cultural resonance. We are confident that with the right themes and specific mechanics, we can change the adoption and monetisation of casual games in India.Krishnendu Mukherjee, co-founder of Giga Fun Studios
In total, the company’s founders have produced and operated more than 10 games and managed revenues of more than $100 million. Giga Fun Studios currently has six employees in Bangalore.