Bengaluru-based Studio Sirah, a next-gen gaming studio, has raised $2.6 million in a Pre-Series A round led by Kalaari Capital, an early-stage technology-focused venture capital (VC) firm and its seed investor Lumikai.
The company plans to utilise the fund to launch Kurukshetra: Ascension–its flagship gaming title, globally. Additionally, it will use the capital to build its second title.
Prior to this, the company raised $0.83 million in seed funding from Lumikai. The round saw the participation of other investors like Akshat Rathee, Alexis Bontee, Piyush Shah, Roshni Rathi and Sameer Patiwala.
Talking about the latest investment round, Abhaas Shah, the co-founder and chief executive officer (CEO) of the company, said, "Over the last year, we have worked hard to build a mid-core gaming studio and launched a game that has both cultural resonance and global quality. The response has been amazing, both in India and abroad, and it is evident that there is a huge (and growing) market for uniquely Indian content.”
“We are deeply grateful to Kalaari for joining us on this journey and to Lumikai for believing in our vision from the beginning. Over the coming decades, we hope to not only entertain Indian gamers but to take a slice of India to the world at large," he added.