Online gaming company Games2win has raised close to $2M from US based venture capital firm Clearstone Venture Partners in Series C funding, Clearstone has invested in Games2win in previous two rounds also. The latest round of financing will be used by Games2win for games acquisition and international team building.
Games2win had raised initial capital from Clearstone Venture Partners and Silicon Valley Bank (SVB India Capital Partners). Later, in March 2011, it had raised $6 million in Series B funding from the same investors. In March 2012, Nirvana Venture Advisors had acquired 10% stake in Games2win from a clutch of VC and PE firms, as well as from employee shareholders, for an undisclosed amount.
The business has clocked 30 million game downloads across the iTunes and Android platforms in just one year. Its mobile games constantly feature amongst the top paid apps on the USA Amazon Kindle store. The Company entertains over 20 million monthly consumers across our mobile and web properties. Games2win owns 800 proprietary, casual games that are being swiftly transformed into delightful entertainment products across all relevant mobile platforms. Two of its games Parking Frenzy and Super Mom have topped the global app charts last year.
As per the site, Games2win has over 15 million unique users each month through its portals, 600+ proprietary games, and has its own in-game ads network and our mobile social network for applications and games.
Games2win was founded in 2007, by Alok Kejriwal and Mahesh Khambadkone, it is headquartered in Mumbai.Category Internet Investments News