Private Equity

VC Fund Investments

Gaming-focused startup Brightpoint Studios raises $6-M from Peak XV, Nexus

Entrackr  

Brightpoint Studios, a startup incorporated by co-founders of Bengaluru-based vocational training firm Vah Vah, has raised USD 5-6 million from Peak XV and Nexus Ventures ahead of its public launch. Brightpoint Studios will operate on similar lines to the Thrasio model for gaming apps. It has already acquired a company. In July, founders Muthukaleeshwaran Subbiah and Shailesh Daxini reportedly shut down their startup Vah Vah and laid off more than 150 employees.