IDG Ventures India and SAIF Partners Invest US$4 Million in PlaySimple Games (Asia)

Source: VCCircle  |  Author(s): Priya Prasad

Venture capital firms IDG Ventures India and SAIF Partners have led a INR270 million (approximately US$4 million) Series A round for India-based mobile social gaming company PlaySimple Games. The company will use the funds for game development, team expansion and marketing. IDG originally invested in the company’s seed round in 2014.