Venture Intelligence (TSJ Media Pvt. Ltd.)
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Gaming focused VC firm Lumikai makes first close for $50-M Fund II
Lumikai, an investment fund focused on gaming and interactive media, has made a first close for its second fund targeting a USD 50 million corpus from global investors such as Japanese gaming giants Mixi and Colopl, South Korean conglomerates Krafton and Smilegate, Finland's decacorn Supercell, and Indian strategic players including Nazara. In addition,Indian family offices and HNIs also participated in the fundraise. Aside from the global corpus, for the first time, Lumikai is also inviting domestic rupee capital with the setup of a dedicated USD 10 million AIF. Lumikai Fund I already has $40 million under management.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.