Mayhem Studios Secures Investment from Lumikai for Upcoming Battle Royale Mobile Game
Bengaluru-based Mayhem Studios, known for their development of AAA mobile games, has recently secured an undisclosed investment from Lumikai, a venture fund focused on media and gaming. This investment aims to accelerate the development of Mayhem Studios' highly anticipated battle royale mobile game, Underworld Gang Wars (UGW), while also enhancing the company's technological capabilities and team growth.
Mayhem Studios was launched in May 2022 as the mobile game development arm of gaming unicorn Mobile Premier League (MPL). Currently, their focus is on developing their flagship title, Underworld Gang Wars. This AAA battle royale game incorporates Indian culture and aesthetics into its gameplay, offering players a fresh and immersive experience with iconic Indian locations, distinctive characters, and culturally relevant elements.
The CEO of Mayhem Studios, Ojas Vipat, expressed his excitement about the investment from Lumikai. He stated, "Lumikai's investment is a significant endorsement of what Mayhem Studios is building. With their extensive industry knowledge and expertise, we aim to elevate India's gaming industry on the global stage. Underworld Gang Wars is just the beginning of our ambitious vision to create world-class games that resonate with players worldwide. We are committed to nurturing Indian gaming talent and showcasing the country's creative prowess."
Lumikai's founding partner, Salone Sehgal, also shared her enthusiasm about the partnership. "We believe that Indian games have the potential to become popular globally, and Underworld Gang Wars aligns perfectly with that vision," she said. Lumikai's investment reflects their faith in the Indian gaming industry and recognizes the global appeal of UGW.
Last year, Mayhem Studios successfully raised $20 million in a Series A funding round led by Peak XV Partners (formerly known as Sequoia Capital India and South East Asia). Notable participants in the funding round included Steadview Capital and Truecaller, among others.
The investment from Lumikai, combined with the previous funding raised, will undoubtedly bolster Mayhem Studios' ability to develop and deliver high-quality mobile games. It will also contribute to the growth of the Indian gaming industry, showcasing the country's creative talent and fostering its presence on the global gaming stage.
With the gaming industry continuously expanding and evolving, the partnership between Mayhem Studios and Lumikai is a promising development. As the eagerly awaited Underworld Gang Wars approaches its release, players can anticipate an immersive gaming experience that combines cutting-edge technology, captivating storytelling, and the rich cultural tapestry of India.
For more information about Mayhem Studios and their upcoming game, visit their official website: Mayhem Studios.