InfoEdge Ventures has invested a total of $1.5 Mn in Funstop Games, a gaming studio situated in Gurugram.
To improve the quality of its game portfolio, the business intends to increase the amount of money it spends on developing games and ad tech infrastructure.
“The evolving gaming landscape demands high-quality games with engaging gameplay and design. InfoEdge Ventures’ investment provides the capital to develop IPs with longer revenue streams, validating our belief in the combination of data and design,” said Prashanth Vijay, cofounder of Funstop Games.
Following the successful release of two of its games, Perfect Time and Airport Rush 3D, the company intends to build on the lessons it learned.
Commenting on the investment, Chinmaya Sharma, partner at InfoEdge Ventures, said, “We are convinced that design + data = good games. At Funstop, too, it was the combination of Tamesh’s sense of design and gameplay and Prashanth’s understanding of data that made us strong believers in them.”
Funstop Games, founded by Prashanth Vijay and Tamesh Sharma, stated to have made over $4 million in revenue from its games and to have had over 50 million downloads, as reported by ET.
Publisher and producer of mobile games is FunStop Games. Excellent game design and captivating game mechanics are the main priorities of FunStop Games. The business was established in 2020 and is headquartered in Delhi, Delhi.
With more than 30 games in its library and over 100 million game downloads worldwide, FunStop Games is a fiercely competitive mobile game developer and publisher.
About FunStop Games
FunStop Games is a publisher and developer of mobile games. The hallmarks of FunStop Games are captivating game mechanics and excellent game design. The business is headquartered in Delhi, Delhi, and was established in 2020.