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Exclusive: Mobile Gaming Startup Mech Mocha To Raise $10 Mn In Series B Round

by techcircle.vccircle.com posted 3weeks ago 28 views
Bengaluru-based mobile gaming startup Mech Mocha Game Studios Pvt. Ltd is raising up to $10 million (Rs 71 crore at current exchange rates) as part of its ongoing Series B funding round, a top company executive told TechCircle. The startup is looking to raise around $5-6 million for the first close from new and existing investors, Arpita Kapoor, co-founder and chief executive of the venture, said over the telephone. South Korea-based Neoplux, the private equity and venture capital arm of Doosan Corp, and Akatsuki, the investment arm of Japanese mobile gaming company are the new investors coming on board.