Electronic Arts alumni raise $5.3m for India-based gaming startup

Electronic Arts alumni raise $5.3m for India-based gaming startup

Tech in Asia·2024-03-20 20:00

Photo Credit: Liquidnitro Games

The gaming industry, which PricewaterhouseCoopers expects will be worth US$321 billion by 2026, has seen a recent funding streak.

This month, India’s Nazara Technologies Limited pledged US$100 million for global expansion, while Animoca Brands announced a US$3 million investment in a gaming firm from the United Arab Emirates, as a way to expand into the Middle East and North Africa.

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