Moonfrog Labs, the producer of Indian poker amusement Teen Patti Gold, said it raised $15 million (about Rs 94 crore) from New York-based venture firm Tiger Global Management and Sequoia Capital to make versatile diversions crosswise over types, for example, activity, pretending, technique and gambling club.
The Bengaluru-based organization was established in 2013 by ex-Zynga administrators Tanay Tayal, Ankit Jain, Kumar Puspesh, Oliver Jones and Dimpalkumar Maisuriya. It didn't give the separation of the trusts got from the financial specialists.
"Not very many players concentrate on building fantastic substance for India. This round of subsidizing will help us develop our skilled group and rethink versatile stimulation in India," said 37-year-old Tayal.
Adolescent Patti Gold has been downloaded more than 2 million times and is at present one of the main five aggregating applications in India on both Android and iOS stages.
"We are eager to bolster the organization as it creates and grows its diversion offerings for the Indian crowd," said Lee Fixel, accomplice at Tiger Global Management, which has been on a startup-shopping spree in the course of recent months.
The financing takes after the $1 million seed capital that Sequoia Capital had quietly pumped into the organization a year ago. Moonfrog Labs said it took not as much as a month to close this round of subsidizing, demonstrating the degree of financial specialist ravenousness in this area. Last June, versatile gaming organization Octro raised $15 million from Sequoia Capital while Matrix Partners supported Red Monster Games, likewise established by ex-Zynga representatives, in September.
"Portable gaming in India is at an articulation point with the business developing at a sound rate. This, coupled with the interest for world-class gaming knowledge from Indian gamers, exhibits a tremendous open door," said Shailesh Lakhani, overseeing executive at Sequoia Capital India Advisors.
Moonfrog Labs cases to have an in number innovation stage that can deal with around 5 lakh clients at once, alongside an examination structure that separates it from different players in India.
The Bengaluru-based organization was established in 2013 by ex-Zynga administrators Tanay Tayal, Ankit Jain, Kumar Puspesh, Oliver Jones and Dimpalkumar Maisuriya. It didn't give the separation of the trusts got from the financial specialists.
"Not very many players concentrate on building fantastic substance for India. This round of subsidizing will help us develop our skilled group and rethink versatile stimulation in India," said 37-year-old Tayal.
Adolescent Patti Gold has been downloaded more than 2 million times and is at present one of the main five aggregating applications in India on both Android and iOS stages.
"We are eager to bolster the organization as it creates and grows its diversion offerings for the Indian crowd," said Lee Fixel, accomplice at Tiger Global Management, which has been on a startup-shopping spree in the course of recent months.
The financing takes after the $1 million seed capital that Sequoia Capital had quietly pumped into the organization a year ago. Moonfrog Labs said it took not as much as a month to close this round of subsidizing, demonstrating the degree of financial specialist ravenousness in this area. Last June, versatile gaming organization Octro raised $15 million from Sequoia Capital while Matrix Partners supported Red Monster Games, likewise established by ex-Zynga representatives, in September.
"Portable gaming in India is at an articulation point with the business developing at a sound rate. This, coupled with the interest for world-class gaming knowledge from Indian gamers, exhibits a tremendous open door," said Shailesh Lakhani, overseeing executive at Sequoia Capital India Advisors.
Moonfrog Labs cases to have an in number innovation stage that can deal with around 5 lakh clients at once, alongside an examination structure that separates it from different players in India.
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