Casual gaming startup Giga Fun Studios raises $2.4-M from Lumikai, Fireside Ventures, others

Bengaluru-based casual gaming startup Giga Fun Studios has raised USD 2.4 million in a seed round led by gaming focussed venture capital fund Lumikai and Fireside Ventures. Other participants in the round include All In Capital, Kettleborough VC and Riverwalk Holdings. The startup, which plans to launch its first game in the second half of 2023, is aiming to build a portfolio of games that are culturally contextualised for Indian audiences. The fresh capital will be used to build a team. Currently, the startup has six team members, and it plans to have 15 by the end of March.