Forbes Asia stated, “Gamezop just closed $350K in seed funding with global investors, making Yashash one of the youngest in Asia to raise institutional investment.” The Delhi-based company aggregates short and addictive games from around the world, which can be played on a single app and removes the friction of constantly installing and uninstalling individual games. Although Android-only at this point, all of the hundreds of games featured on the Gamezop app are device- and OS-agnostic and can be shared as web links for play on any smartphone, tablet, PC, or Smart TV.
Yashash Agarwal has been in the gaming business for two years now. “Content-light platform plays have been most scalable in the digital consumption space. Popular forms of digital entertainment, such as music or videos, already have platforms that serve as one-stop destinations. However, in gaming one only hears of individual titles. We are building a platform to make gaming reach the inflection point that the others have already witnessed,” he said.
Sri Peddu, MD of Powerhouse Ventures has appreciated the careful selection of the target audience. “India isn’t a mature gaming market and most are still non-gamers who haven’t used gaming consoles. Gamezop with its snackable games is a crisp offering and targets those who would use their smartphones as their first gaming device. It’s a segment that is poised to grow and the founders have the requisite product expertise.”
Gamezop has also been selected to represent India this April at the International Business Model Competition at Redmond, co-hosted by Microsoft, Harvard Business School, and Stanford Graduate School of Business. In May, they will travel to Silicon Valley for the global finals of the TiE International Startup Competition.
Upon being asked if being one of the youngest in the country to raise institutional funding was a challenge, Yashash praised the evolving Indian startup ecosystem that no longer demands several years of experience. “Our focus has been to build a robust product that addresses the genuine problems for users and indie game developers alike. The early results are fabulous and we are glad to be backed by veterans who prioritized that over everything else.”
Featured image credits: forbesindia.com
Shaina Ahluwalia
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