Mayhem Studios raises funds from Lumikai
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New Delhi: Bengaluru-based mobile games developer Mayhem Studios on Friday said it has secured investment from Lumikai, an interactive media and gaming focused venture fund, for an undisclosed sum.
Mayhem Studios said it will leverage the fresh infusion of capital to scale their operations, accelerate game development, expand its team of talented developers, and enhance technological capabilities.
It is currently building its flagship title, Underworld Gang Wars (UGW) which is a AAA battle royale game with a distinctly Indian flavour.
“Their vision for a truly Indian experience and building world class gaming IPs out of India aligns perfectly with our belief in the potential of India's video gaming industry to captivate global audiences,” said Salone Sehgal, Founding General Partner, Lumikai.
UGW game features iconic Indian locations, distinctive characters, and culturally relevant elements, offering players a fresh and immersive experience.
