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Updated: MadRat Games Raises Funding From Blume Ventures & First Light Ventures

Updated: Blume Ventures has informed that the fund along with First Light Ventures, has invested $500,000 in MadRat Games. Following the investment, Adit Parekh from Blume would be joining the board at MadRat, and has said the Fund invested in the company seeing the potential of the team and the market. MadRat Games, a Bangalore based company that makes offline and online/mobile Indian language learning games focused at K12 students,has raised funding from Blume Ventures. The funding was announced by Blume on Twitter, and they've promised to get back with more details. The company was founded by Rajat Dhariwal, Madhumita Haldar and Manuj Dhariwal. Gautam Gandhi Head of New Business Development for Google India, has been an advisor to the company and informed that the game was reaching out to 200,000 Indian students through schools, with the company tying up with various state governments. MadRat has a 15 member team, and is developing apps for mobile and web, in addition to board games. According to a report by The Hindu the company had infused Rs 25 lakh in the company, earlier, collected through family and friends. The company's flagship is Aksharit, an Indian Language Board Game, which started out as a Hindi word game. It is now available in all the 11 major Indian languages including Punjabi, Bengali, and Telugu. The game was made into a mobile and web app. Nokia had pre-bundled the game with their N8 handsets.  Intel had also partnered with MadRat Games to release apps for their Netbooks & AppUp store. It's…

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