- Mobile Gaming Startup Mech Mocha Levels Up With $5 Mn Series A funding From Accel Partners, Others Bengaluru-based mobile gaming startup Mech Mocha has raised $5 Mn in Series A round of funding led by Accel partners and Shunwei Capital. Existing investor Blume also participated in this funding round. The startup will use the raised funds to develop and launch new mobile-gaming titles across the casual and mid-core gaming categories, targeted at […]
- Funding Galore: Startup Fundings Of The Week [21 December – 26 December] This week, early and growth-stage venture capital firm Accel Partners reportedly sold a small amount of its stake in ecommerce giant Flipkart to Qatar Investment Authority for $100 Mn (about INR 650 Cr.). Flipkart is currently valued at around $15 Bn. Accel is still the second-largest shareholder in the ecommerce platform after Tiger Global Management. […]
- Disrupting The Mobile Gaming Industry Mech Mocha Raises Funds From Blume Ventures & Flipkart Bangalore-based mobile gaming startup, Mech Mocha, has raised an undisclosed amount of funding from seed-stage venture capital firm Blume Ventures and ecommerce marketplace Flipkart. The funds will be utilised to scale its team, and develop a back-end platform that includes social and payment solutions for their games. Arpit Agarwal, principal, Blume Ventures, said that the […]
- IIM-A’s iAccelerator announces 2013 batch of 10 New Startups IIM Ahmedabad’s mobile and internet startup incubator iAccelerator has recently announced its 2013 batch comprising 10 startups. For this batch the incubator received more than 500 applications, and these startups were chosen after 3 months of residential program. The incubator, founded in 2009, has so far supported 45 startups. iAccelerator 2013 kicked off on 2nd September […]