Bombay Play, a game development company, has secured $7 million in a Series A fundraising round headed by Kalaari Capital, with participation from investors including Winzo, AdvantEdge VC, and AMEA Ventures.Lumikai Fund, Leo Capital, and PlayCo, all existing investors, also joined in the investment round. Bombay Play has already raised over $9.5 million in cash, including a $1.5 million round in June 2020 and a $1 million round in December 2020.
Bombay Play has created games such as Dice Merge Puzzle, Card Party, and a Wordle-like word puzzle called Daily Word Puzzle, which have a total of 40 million players worldwide, according to the business. Jones previously co-founded Moonfrog Games (which was bought by Sweden’s Stillfront last year), where he helped create the famous card game Teen Patti Gold. He has also been the head of game design at Glu Mobile and Zynga.
The startup intends to utilise the new funds to expand its existing ‘hypersocial’ gaming offerings and support prospective ventures, with a portion of the revenues also going into segment research and development. In addition, by the conclusion of the next fiscal year, the company intends to more than quadruple its current staff base of 50 employees.