VC Fund Investments
Cloud-gaming platform OnePlay raises $1.8 M from Baring India, others
Mumbai-headquartered decentralised and open-source cross-platform cloud gaming platform OnePlay has raised USD 1.8 million in a funding round led by Baring India. The round also saw participation from Inflection Point Ventures, and other angel investors such as CRED's Kunal Shah, Jupiter's CEO Jitendra Gupta, Suraj Nalin of PlaySimple Games, and Gupshup's CFO Amit Shrivastav. The startup, which is currently in the beta phase, will use part of the funding to scale up research and development (R&D) on hardware and to optimise the video encoding and decoding technology. It will also deploy the capital to hire talent and strengthen its product portfolio.
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