Mobile gaming startup Mech Mocha has raised $5 million in Series A round of funding led by Accel Partners and China’s Shunwei Capital. The funding round also saw participation from existing investor Blume ventures.
The Bangalore-based startup plans to invest the fund to develop and launch new mobile-gaming titles across the casual and mid-core gaming categories, targeted at Indian audience. Furthermore, Mech Mocha reportedly plans to bring an integrated technology platform with capabilities in behavioral analytics, multiplayer, LiveOps and monetization.
“We are delighted to have Accel Partners and Shunwei Capital as investors in Mech Mocha. Globally Accel has a wealth of experience in the gaming space with investments in Supercell and Rovio. With Shunwei, we aim to learn from the massive Chinese gaming market and introduce Chinese mobile games to the Indian audience,” says Arpita Kapoor, CEO, and Co-founder, Mech Mocha.
Founded in 2014 by IIIT Gwalior graduates Arpita Kapoor, Mohit Rangaraju and Shilp Gupta, the startup had raised $1 million seed round funding led by Blume Ventures and Flipkart in December 2015. It is known to develop and publish freemium games, with Chhota Bheem — Himalayan Game being its most popular game claims with over 4 million Indian users having played it till date.
“Over the past one year, we have seen Arpita and the team at Mech Mocha produce some hugely impressive work. It is our strong belief that Mech Mocha has all it takes to become the leader in the Indian mobile gaming space,” said Prayank Swaroop, Principal, Accel Partners.
Currently, Mech Mocha is exploring partnerships with global gaming companies to release their blockbuster gaming titles in India, with plans to launch a new game in the next few months.
“Since we backed Mech Mocha last year, they have attracted some of the best minds to their team including key senior folks. Mech Mocha is a classic example of a solid team in a market that is yet to explode and we are confident of their success,” says Karthik Reddy, Blume Ventures.