Ex-Zynga devs raise $4 million for new Indian studio PlaySimple Games
Mobile studio aims to double number of staff by the end of 2017
| Date | Type | Companies Involved | Size |
|---|---|---|---|
| Nov 21, 2016 | investment | IDG Ventures PlaySimple SAIF Partners | Not disclosed |
A team of ex-Zynga developers in India have raised $4 million for their new studio PlaySimple Games.
The Bangalore studio’s founders include ex-Zynga Lead Product Manager Siddharth Jain, former Zynga Product Management employee Preeti Reddy and ex-Zynga Principal Software Engineer Suraj Nalin.
The team was founded in 2014 and had raised an initial $500,000 in seed investment in December of that year.
Double up
VC Circle reports the team has now raised a further $4 million from Saif Partners and IDG Ventures India.
PlaySimple aims to use the money to expand its team of 22 to 50 staff by the end of 2017 and to continue developing games for a global audience.
To date the studio has worked on puzzle and word games such as WordTrek and GuessUp.
Companies
