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Games2Win raises $6 million Series B funding from Clearstone and SVB India

Mumbai-based online gaming company Games2Win has raised $6 million Series B investment round from Clearstone Venture Partners and Silicon Valley Bank (SVB India Capital Partners). Rajan Mehra of Clearstone Venture Partners has joined the board of Games2Win. Founded in 2007 the company has a games library of over 400 games that are played by over 20 million consumers each month. The company currently employs 70 people.

Mumbai-based online gaming company Games2Win has raised $6 million Series B investment round from Clearstone Venture Partners and Silicon Valley Bank (SVB India Capital Partners). Rajan Mehra of Clearstone Venture Partners has joined the board of Games2Win. Founded in 2007 the company has a games library of over 400 games that are played by over 20 million consumers each month. The company currently employs 70 people.

Speaking on this round of financing, Alok Kejriwal, CEO, Games2Win said, “Games2win owns one of the largest collections of casual and snacky games in the world and we intend to aggressively capitalise on the huge energy and excitement surrounding online games which is the fastest growing category on the internet. We really understand the mindset of 400+ million teen and tween gaming audience on the internet who nibble on our kind of games both on their PCs, iTouch and Android devices. The new resurgence of mobility and internet in India is creating massive opportunities in the online gaming space and we are very well geared to dominate that space with our strong foothold here.”

“We are really excited by the gaming opportunity in India and the momentum built by Games2Win in the development and distribution of games that are globally competitive. We believe they are well positioned to break-out and become the number one player in the Indian casual and social gaming space as this category hits hyper-growth,” Rajan Mehra has said.

According to Ash Lilani of SVB India Capital Partners, the Games2Win team has done a fantastic job in positioning the company as a differentiated global player in the casual and social gaming arena and is poised to be a significant player in this segment.

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