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Games - Friday, March 30, 2007

Indian Casual Game Business Games2Win Raises $5M

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Mumbai-based Games2Win has raised around $5M in Series A funding. Clearstone Venture Partners led the deal and was joined by SVB Financial Group. Games2Win was seed funded by Contests2Win.

The business gets a lot of traffic in India, thanks largely to games that are created for this distinct cultural market. ContentSutra reports that the company will be launching a multiplayer game this month.

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If you don't see any posts on the a:c for a while, its because we are addicted to Bombay Taxi

The company is led by co-founder/CTO Mahesh Khambadkone who came from a consulting background and has only been full time less than a year and CEO Cyrus Oshidar who was an MTV exec.

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Read - Games2Win Gets $5 Million Funding From Clearstone Venture Partners And SVB Financial Group (Content Sutra)

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