Lumikai Fund

As the year draws to a close, it’s a time for gratitude and reflection on the year gone by. Our #EyeofLumikai series celebrates the voices of our ecosystem—investors, founders, and friends—who came together in November at Lumikai Insignia ’24. Here’s what they had to say about the journey and impact we’re building together! We were honored to host Raja Koduri, Founder and CEO of Oxmiq Labs, and a trailblazer in hardware and computer graphics. With a legacy of driving innovations at Intel, AMD, and Apple, Raja has profoundly shaped the future of accelerated computing and AI. At Insignia, Raja spoke about how the gaming ecosystem in India has evolved over the last couple of decades and recognized the contributions of Lumikai as India’s pioneering interactive media and gaming fund.

As the year draws to a close, it’s a time for gratitude and reflection on the year gone by. Our #EyeofLumikai series celebrates the voices of our ecosystem—investors, founders, and friends—who came together in November at Lumikai Insignia ’24. Here’s what they had to say about the journey and impact we’re building together! We were honored to host Raja Koduri, Founder and CEO of Oxmiq Labs, and a trailblazer in hardware and computer graphics. With a legacy of driving innovations at Intel, AMD, and Apple, Raja has profoundly shaped the future of accelerated computing and AI. At Insignia, Raja spoke about how the gaming ecosystem in India has evolved over the last couple of decades and recognized the contributions of Lumikai as India’s pioneering interactive media and gaming fund.

We’re excited to announce that MPL has acquired CloudFeather Games, a frontrunner in gaming technology backed by Lumikai. This acquisition combines MPL’s market leadership with CloudFeather’s expertise in building scalable gaming infrastructure. Together, we’re set to enhance the gaming experience for 120 million+ users across India, the US, and Nigeria. This milestone strengthens MPL’s commitment to delivering seamless and innovative gaming experiences while driving the future of skill-gaming globally. #MPL #CloudFeatherGames #Gaming #MobileGaming Namratha B Swamy Romi Chandra CloudFeather Games Lumikai Fund https://lnkd.in/dsCBj3Gt

Mobile Premier League (MPL) has acquired CloudFeather Games, a leading provider of gaming development tools, to strengthen its technological capabilities and drive innovation in skill-based gaming. This acquisition combines MPL’s market leadership with CloudFeather’s expertise in scalable gaming infrastructure, including wallet integration systems, multi-card game networks, advanced liquidity management, and monetization SDKs. By leveraging CloudFeather’s technology stack, MPL aims to enhance gaming experiences for its millions of users. Founded in 2021 by Romi Chandra and Yash Chandra, CloudFeather Games has been creating high-performance tools and infrastructures for game developers. The company’s solutions have empowered gaming platforms by improving platform stability, streamlining operations, and enabling seamless user engagement. Strategic acquisitions by domestic players underscore the growing maturity of the gaming ecosystem. Such collaborations not only boost innovation but also set the stage for scalable, future-ready solutions that benefit players, developers, and the entire gaming ecosystem in India. As Lumikai Fund, we are proud to have been early backers of CloudFeather Games and extend our best wishes to Romi and the entire team for their journeys ahead. You can read more about the acquisition here: https://lnkd.in/dsCBj3Gt

As the year draws to a close, it’s a time for gratitude and reflection on the year gone by. Our #EyeofLumikai series celebrates the voices of our ecosystem—investors, founders, and friends—who came together in November at Lumikai Insignia ’24. Here’s what they had to say about the journey and impact we’re building together! We were thrilled to host Cevat Yerli, the visionary former founding CEO of Crytek, who revolutionized the gaming industry with iconic titles like Far Cry and Crysis, generating over $5B in revenue. He also pioneered the CryEngine platform, which transformed the 3D engine market and shaped the global gaming industry. At Insignia, Cevat shared his journey from a small town in Europe , to creating globally beloved IPs, and his vision for how AI can power the next blockbuster IP. He also shared his excitement around the 591M gaming population in India and the role Lumikai Insignia plays in providing a vibrant space for exchange of ideas and dialogue for the interactive media and gaming community of India.

As the year draws to a close, it’s a time for gratitude and reflection on the year gone by. Our #EyeofLumikai series celebrates the voices of our ecosystem—investors, founders, and friends—who came together in November at Lumikai Insignia ’24. Here’s what they had to say about the journey and impact we’re building together! To start of the series, we were thrilled to have hosted Padma Shri SS Rajamouli, one of India’s most celebrated filmmakers and the creative mind behind global blockbusters like Baahubali and RRR. He spoke to us about crafting world-class entertainment and the creative nuances of building experiences and stories that resonate globally. He spoke about the importance of strategic decision making and the role of smart capital in any creative endeavor and the role Lumikai is playing to shaping the future of the interactive media and gaming ecosystem in India.

As the year draws to a close, it’s a time for gratitude and reflection on the year gone by. Our #EyeofLumikai series celebrates the voices of our ecosystem—investors, founders, and friends—who came together in November at Lumikai Insignia ’24. Here’s what they had to say about the journey and impact we’re building together! To start of the series, we were thrilled to have hosted Padma Shri SS Rajamouli, one of India’s most celebrated filmmakers and the creative mind behind global blockbusters like Baahubali and RRR. He spoke to us about crafting world-class entertainment and the creative nuances of building experiences and stories that resonate globally. He spoke about the importance of strategic decision making and the role of smart capital in any creative endeavor and the role Lumikai is playing to shaping the future of the interactive media and gaming ecosystem in India.

A recent substack article by Rishi A. featured Studio Sirah’s journey into creating India’s first collectible card game. The article provides a detailed look at how the studios’ first game, ‘Kurukshetra: Ascension’ was developed as a game deeply rooted in Indian mythology but within a globally successful mid-core genre. It covers the challenges of entering the CCG genre in India, insights into the studio’s art and game design decisions, and the team’s strategic focus on retention and monetization metrics. Studio Sirah, founded by brothers Abhaas Shah and Prateek Shah, aims to bring Indian mythology to the global gaming market. Their debut title, ‘Kurukshetra: Ascension’, has achieved over 1M installs, at an ARPPU of $6.5 with a 30 day payback period for certain cohorts. With a strong player base not only in India, but also in Southeast Asia, and select Western regions, the game shows the potential of culturally rich, mid-core strategy games with best-in-class art and gameplay execution. At Lumikai Fund, we are proud to be early backers of Studio Sirah. We look forward to supporting their journey as ‘Kurukshetra: Ascension’ continues its success and as the studio embarks onto their second game, continuing to shape the future of Indian gaming. You can read the entire article here at: https://lnkd.in/gRkr7Tw5

Suparna Singh, co-founder of Frammer AI, recently appeared on RePivot’s Spotify podcast. She shared her thoughts on leadership, building efficient teams with limited resources, and her vision for AI’s transformative impact content creation. During the podcast, Suparna highlighted her journey from leading NDTV to launching Frammer AI, a platform that redefines video production. She explored the challenges and opportunities of creating scalable content solutions in a digital-first world. Frammer AI addresses a significant industry need by converting long-form videos into short-form, vertical videos optimized for platforms like YouTube Shorts, Instagram Reels, and LinkedIn. With nearly 75% of premium video content left unutilized for digital use, Frammer bridges this gap by enabling enterprises to efficiently create monetizable, brand-safe clips. Using premium quality data, Frammer AI’s outputs are far superior to prosumer solutions trained on generic video data scraped from the internet. Frammer's innovative AI first solution drastically reduces costs and time, streamlining processes, enabling brands, publishers and enterprises to unlock new monetization avenues by ensuring brand safety and contextual advertising. Their current clientele include leading names like Brightcove, Sky, Fox, and India Today Group among others. At Lumikai, we are proud to back Frammer AI and its innovative approach to solving critical industry challenges. We look forward to supporting Suparna Singh, Kawaljit Singh Bedi and Arijit Chatterjee as they scale and continue to innovate, enabling efficient and scalable content creation. You can listen to the complete podcast here: https://lnkd.in/dH63cu-g

Building a business is hard. Putting yourself out there is harder still. In the noise of fundraise milestones, the founder journey often gets missed. Entrepreneurship is rarely a straight line. And many Lumikai Fund founders are charting their journeys without playbooks or roadmaps, forging their own paths. The Indian interactive media and gaming market is taking off —a 3 year old phenomenon that’s now unlocking capital for founders to take on global giants. As more investors turn their eyes to India, this year’s Lumikai Insignia put our incredible founders front and center. Their energy, hustle, and drive were impossible to miss. They showcased the possibility of what can be built from India, for the world and gave us a glimpse of the future. Thank you to all the Lumikai Fund founders for leading the way and for making us part of your journey. Bombay Play Deftouch (All Star Games) Studio Sirah Eloelo Supernova - An AI Tutor For Every Child Singularity Giga Fun Studios BuyStars QuriousBit Games AutoVRse Vobble Mayhem Studios Frammer AI