wordpress blog stats
Connect with us

Hi, what are you looking for?

Mobile gaming startup Mech Mocha raises $5M led by Accel, Shunwei Capital

Bangalore-based Mech Mocha, a mobile gaming startup has raised $5 million in a series A round of funding led by Accel Partners and Shunwei Capital with additional participation from existing investor Blume Ventures. The company will use the funds to develop new mobile game titles across casual and mid-core gaming categories for the Indian audience. It will also invest in behavioural analytics, multiplayer gaming, LiveOps (a marketing structure for gaming sector), and for monetization. Mech Mocha had earlier raised $1 million in seed funding from Blume Ventures and Flipkart and was also a part of iAccelrator’s 2013 incubation program. As of now, the company has an exclusive license for the game titled ‘Chhota Bheem – Himalayan Adventure’, based on 2016 movie of the same name. It claims that the game has been played by our 4 million users in India and as per Google Play data, the game has between 1 million—5 million installs. Mech Mocha added that it is currently “exploring partnerships” with gaming companies abroad to develop their own set of gaming titles. “With Shunwei, we aim to…introduce Chinese mobile games to the Indian audience,” Arpita Kapoor, CEO, Mech Mocha said in a statement. The startup was founded in 2011 by IIT graduates including Arpita Kapoor, Mohit Rangaraju and Shilp Gupta. It currently has over 30 artists working who specialise in game development. Last year, the company hired ex-Zomato and Myntra product head Aditya Jalan to lead its product development initiatives. Competition Mech Mocha competes with growing number of startups focused…

Please subscribe/login to read the full story.
Written By

Free Reads

News

"We believe the facts and the law are clearly on our side, and we will ultimately prevail," the company said on the enactment of...

News

Zuckerberg expressed confidence in monetizing AI through methods like ads and paid access to larger models, leveraging Meta's successful history with scaled technologies.

News

The data leakage comes on the same day as the Reserve Bank of India (RBI) restricted Kotak Mahindra Bank from onboarding customers over online/mobile...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ