LightFury Games secures $8.5 million funding from Blume Ventures, others
LightFury Games, a gaming startup launched by Karan Shroff, former chief marketing officer of Unacademy, has secured $8.5 million in a seed funding round led by Blume Ventures, Mixi and Gemba Capital. Other investors such as Cred founder Kunal Shah and Unacademy CEO Gaurav Munjal also participated in the round.
The startup plans to utilise the new capital to develop AAA games in India and will initially focus on mobile gaming before expanding to other platforms, including consoles.
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Offering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian School of BusinessISB Product ManagementVisitAAA games are characterised by high budgets, top-quality graphics that are developed and published by major gaming companies or studios. Featuring advanced gameplay mechanics, extensive content, and significant marketing campaigns, they are usually released on multiple platforms such as personal computers, consoles like PlayStation, Xbox and sometimes mobile devices.
Examples of AAA games include popular franchises like Grand Theft Auto, The Witcher, Assassin's Creed, and Call of Duty.
LightFury, cofounded by Shroff, Anurag Banerjee, who also serves as its chief product and technology officer, and Tina Balachandran, previously senior vice president at Unacademy, aims to establish game studios in India and the UK while recruiting top talent.
“Creating successful AAA titles in
