Gaming startup Hypernova Interactive has secured an undisclosed amount of funding from sector agnostic fund Kae Capital, marking it its first investment in a gaming company.
Commenting on the development, Shubhankar Bhattacharya, Venture Partner, Kae Capital said, “We believe that mobile games, especially those that capitalise on multiplayer and esports, is a large and rapidly growing market. We believe the Hypernova team matches up to the standards set by top global gaming companies, both in their execution capabilities, and their overall vision.”
Founded in 2015 by Mayur Bhimjiyani and Huzaifa Arab, Hypernova is one of the fast growing e-sports game development studio. The Bengaluru-based startup is currently working on a multiplayer online battle arena (MOBA) title for mobile, where they are redefining the genre with a revolutionary approach.
“We provide a fast paced environment, where we push the limits of the design language on mobile everyday through a process of constant iteration. If you love questioning and redefining standing conventions, Hypernova Interactive is the place for you,” said Company’s LinkedIn Page.
War Tanks and Space Titans are the two games which startup has launched. Startup claims that in the past eight months, War Tanks has registered 350,000 downloads globally whereas, War Tanks has received an international featuring in the US on both Google Play Store and the Apple App Store.
Kae Capital invests in companies which bring about innovative solutions for the existing gaps in the markets, backed by a great team. The companies look for entrepreneurs who envision technology as a means to disrupt sectors such as mobile, e-commerce, education, healthcare, consumer internet and so on.
Earlier in March 2017, Kae Capital has invested an undisclosed amount in Parentune, a parents network with verified parents and real time trusted advice. In January 2017, Learntron, a learning technology startup with tech operations in Chennai and sales operations in Mumbai, had raised an undisclosed Pre-Series A round from Kae Capital. Other companies that received funding from Kae Capital include Popicom, Learntorn, Azuro, WOTU, and ListUP and other.