Mecha Mocha, A Bangalore-based mobile game development company, primarily focused towards Indian users, has secured $5 million Series A funding from Accel Partners and Shunwei Capital. Along with them, existing investor Blume Ventures has also participated in the round.
Explaining their investment in Mech Mocha, Prayank Swaroop, Principal at Accel Partners, said:
Over the past one year, we have seen Arpita and the team at Mech Mocha produce some hugely impressive work. It is our strong belief that Mech Mocha has all it takes to become the leader in the Indian mobile gaming space. We are excited to be a part of their journey to connect with and to entertain millions of Indians
Further adding to the statement, Tuck Lye Koh, Founding Partner & CEO, Shunwei Capital, said:
The Indian mobile gaming sector is growing at a fast pace and holds great opportunity. Mech Mocha has taken the lead in this space and we are happy to be a part of their growth journey. We hope to share our experience in China and use it create new opportunities for Mech Mocha in India
The company was founded by Arpita Kapoor, Mohit Rangaraju and Shilp Gupta who are alumnus of IIIT Gwalior. The target audience of the company is Indian users hence they develop high-quality mobile games for the millions of Indians coming online due to the smartphone revolution.
Commenting on the investment, Arpita Kapoor, CEO, and Co-founder at Mech Mocha said::
We are delighted to have Accel Partners and Shunwei Capital as investors in Mech Mocha. Globally Accel has a wealth of experience in the gaming space with investments in Supercell and Rovio. With Shunwei, we aim to learn from the massive Chinese gaming market and introduce Chinese mobile games to the Indian audience
Their first game, Chhota Bheem Himalayan Game is loved by over 4 million Indian players. It also ranked No. 1 game on Google Play Store. At present, Mech Mocha has a team of 30+ professional artists and engineers who have previously worked on games and movies giant such as EA, Zynga, Disney and DreamWorks.
In December 2015, the start-up raised $1 million seed round funding led by Blume Ventures and Flipkart.
Describing the company and its team, Karthik Reddy, Blume Ventures, said:
Since we backed Mech Mocha last year, they have attracted some of the best minds to their team including key senior folks. Mech Mocha is a classic example of a solid team in a market that is yet to explode and we are confident of their success
The company claims to have exploring partnerships with global gaming companies giants in order to release their blockbuster gaming titles in India. It is leveraging its Indian market insights and in-house technology platform to give narrations a cultural touch. Along with that, they customize gameplay especially for the Indian audience.
The start-up continues to heavily invest in an integrated technology platform with cutting-edge capabilities in behavioral analytics, multiplayer, LiveOps and monetization.
The company is expected to use the raised funds to develop and launch new mobile-gaming titles across the casual and mid-core gaming categories of which the target audience are continued to be Indians.