Casual Gaming Studio HighXP Raises $2.2 Million to Launch Casual Social Games

Bengaluru, Karnataka, India: HighXP, a casual gaming studio building social games has raised $2.2 million in seed funding. The funding was led by 3one4 Capital with participation from Prime Venture Partners and Gemba Capital. Several noted angel investors also participated in HighXP including Rahul Bhardwaj - Co-Founder COO Junglee Games, Owl Capital, Anuj Tandon - Gaming Investor & CEO Gaming Jetsynthesys, and Giri Patil - VP Engineering Propertyfinder. The investment will play a crucial role in accelerating the growth of HighXP\'s debut game, Doodle Me, available for free on the Google Play store and Apple Store and assist the studio in launching more games. The startup will use the fresh capital to invest in new talent and expand its team across all functions.

Founded by Shankara Seethappa and Raghu Sankar, HighXP is a casual gaming studio that builds fun and engaging social-casual games for a global audience. The founders have played instrumental roles in creating and nurturing more than 20 games at renowned organizations such as Zynga, Big Viking Games, and Microsoft. Leveraging their expertise, HighXP aims to develop captivating social-casual games that resonate with a global audience. The startup\'s inaugural game, Doodle Me, is a social drawing and guessing game designed for players aged 5 and above.

The casual mobile gaming industry is experiencing rapid growth, with an increasing number of players worldwide. According to an industry report by SuperData, there are over 1.2 billion gamers who engage in casual games annually, with approximately 58.86% of them playing games on mobile devices. In line with this trend, Sensor Tower projects that player spending on mobile games will reach an astounding $117 billion by 2026. Moreover, the global number of game downloads is expected to reach 181 billion by 2026. Closer to home, the Indian mobile gaming industry is also flourishing. The Ministry of Electronics and Information Technology (MeitY) estimates that the revenue of the Indian mobile gaming industry is expected to reach $5 billion by 2025.

About HighXP

HighXP is a leading casual gaming studio focused on creating social games that provide a fun and engaging experience for players worldwide. Founded by Shankara Seethappa and Raghu Sankar, industry veterans with over 18 years of combined experience in the gaming industry and have managed $89M game P/Ls annually, HighXP is driven by a passion for developing innovative and captivating games. HighXP\'s debut game, Doodle Me, a social drawing and guessing game, is soft launched in select geographies including India and is available for free on the Google Play store and Apple Store.

About Prime Venture Partners

Prime Venture Partners is an early-stage VC fund managed by partners with deep experience both as entrepreneurs and operators. Led by Amit Somani, Sanjay Swamy & Shripati Acharya, the fund is focused on building disruptive product companies out of India, and addresses a much needed gap in the Indian startup ecosystem - by bringing a combination of first-hand entrepreneurial experience, operating expertise and meaningful capital. Prime is a high conviction, high support investor and believes in backing star teams with differentiated ideas. Prime has a rich portfolio of category creating companies including Quizizz, MyGate, PlanetSpark, Dozee, NiYO, Sunstone Eduversity, KredX, WheelsEye and more.

About Gemba Capital

Gemba Capital is a sector agnostic micro-VC Fund investing in tech startups in seed and pre-seed rounds. The Fund aims to back mission-driven high-quality founders that possess an unwavering ambition to build large world class companies. Led by Adith Podhar, the fund?s investing style is more focused on \"Founder Market Fit\". Gemba is a high conviction thesis led investor and not afraid to make counter narrative and contrarian investments. Some of the startups Gemba has backed are Wint Wealth, Plum Insurance, Grip invest, Strata, Showroom, Zuper, Unnati, Threado, Smartstaff and more.

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