Funding · Consumer Internet & Media
LightFury Games raises $8.5M seed round
By Startup Enthusiast ·
- Date
- Company
- LightFury Games
- What it does
- AAA video game development
- Kind
- Funding
- Amount
- $8.5M
- Stage
- seed
- Based in
- Bangalore
- Founded
- 2024-04
What they do
LightFury Games develops high-budget AAA video games for mobile and consoles
What happened
It raised $8.5 million in seed funding led by Blume Ventures, with Mixi and others participating
Why it matters
The company plans to open studios in Bangalore and London and hire top gaming talent
The details
- LightFury Games raised $8.5 million in a seed round.
- The round was led by Blume Ventures.
- Other investors include Mixi, Gemba Capital, and angels Kunal Shah and Gaurav Munjal.
- The company was officially launched in April 2024.
- It will use the funds for game development and opening two studios.
- One studio will be in Bangalore, India and the other in London, UK.
- The company plans to hire top talent for these studios.
The bigger picture
- CEO Karan Shroff aims to create a Tencent-like presence originating from India.
- Blume Ventures MD Karthik Reddy called it one of their most exciting investments in gaming.
- The founders have strong backgrounds at Unacademy and Xiaomi.
About the business
- LightFury Games develops high-budget AAA video games.
- Its initial focus is on mobile platforms, with plans to later expand to consoles.
- The company's registered name is LeagueX Gaming Private Limited.
What happens next
- Use funds for game development.
- Open two game studios in Bangalore and London.
- Hire top talent for the studios.
The deal
- Type
- seed
Investors
- Blume Ventures (lead) — Venture capital firm investing in early-stage startups.
- Mixi (participated) — Japanese mobile entertainment firm.
- Gemba Capital (participated) — Micro VC firm.
- Kunal Shah (angel) — Angel investor; founder of Cred.
- Gaurav Munjal (angel) — Angel investor; co-founder of Unacademy.
Founders
- Karan Shroff, Co-founder & CEO
- Tina Balachandran, Co-founder & CPOO
- Anurag Banerjee, Co-founder & CPTO
About LightFury Games
- Product
- AAA-rated cricket game eCricket with 700+ officially licensed cricketers and squad mode
- Customers
- Global mobile gamers passionate about cricket
- How it makes money
- Premium mobile gaming with officially licensed content and in-app monetization
- What sets it apart
- Exclusive partnerships with ICC and featuring officially licensed cricketers; phased closed beta approach with 300,000+ signups
Other articles talking about it
More on LightFury Games
- Rohit Sharma invests in LightFury Games24 August 2026 · Funding · $11 million
- Rohit Sharma joins LightFury Games as investor24 August 2026 · People
- Icc in talks to invest in LightFury Games14 July 2026 · Funding
- LightFury Games raises $11 million for eCricket launch23 April 2026 · Funding · $11 Mn
- LightFury Games unveils E-Cricket esports title14 January 2026 · Launch
- LightFury Games unveils E-Cricket at GDC 202518 March 2025 · Launch