Web3 Gaming Startup Giga Fun Studios Completes $2.4 Million Seed Round Led by Lumikai Fund

2023-01-12 16:23:25BlockBeatsShare to:

BlockBeats news, on January 12, Indian Web3 game startup Giga Fun Studios announced the completion of a US$2.4 million seed round of financing, led by Lumikai Fund, Fireside Ventures, All In Capital, Kettleborough VC and Riverwalk Holdings, and social game company Zynga executives Angel investors including Krishnendu Mukherjee participated in the round. The fresh funds will be used to set new standards in casual gaming for Indian and global users. Lumikai said that the reason for investing in Giga Fun Studios is that its Web3 positioning is in line with the long-term strategy of the local game market. Analysis shows that Web3 has become one of the most popular technologies in the Indian game market, and 30% of the 450 Indian Web3 companies are engaged in the game business .

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