Fantasy gaming startup BuyStars raised $5 million led by VC fund Lumikai, Chiratae and Leo Capital

March 16, 2023

, By Team SNFYI

Fantasy gaming startup BuyStars raised $5 million led by VC fund Lumikai, Chiratae and Leo Capital

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Fantasy gaming startup BuyStars raised $5 million in Pre-Series A led by VC fund Lumikai, Chiratae and Leo Capital. BuyStars plans to use the funds to expand its business and launch new games on the platform.

BuyStars is a startup that specialises in sports collectibles and skill gaming. It provides skill games such as fantasy, player trading, and trump cards. Aman and Sriram, the founders, have extensive experience in the Indian real money gaming (RMG) market.

They held product and marketing leadership positions at a variety of companies, including Jungle Games, cure.fit, Games24X7, IBM, Amazon, Flipkart, and TCS. The startup claims to have 1.5 million users and a monthly gross merchandise value (GMV) of more than $1 million.

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Fantasy gaming startup BuyStars raised $5 million led by VC fund Lumikai, Chiratae and Leo Capital

March 16, 2023

, By Team SNFYI

Fantasy gaming startup BuyStars raised $5 million led by VC fund Lumikai, Chiratae and Leo Capital

Fantasy gaming startup BuyStars raised $5 million in Pre-Series A led by VC fund Lumikai, Chiratae and Leo Capital. BuyStars plans to use the funds to expand its business and launch new games on the platform.

BuyStars is a startup that specialises in sports collectibles and skill gaming. It provides skill games such as fantasy, player trading, and trump cards. Aman and Sriram, the founders, have extensive experience in the Indian real money gaming (RMG) market.

They held product and marketing leadership positions at a variety of companies, including Jungle Games, cure.fit, Games24X7, IBM, Amazon, Flipkart, and TCS. The startup claims to have 1.5 million users and a monthly gross merchandise value (GMV) of more than $1 million.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Substack launched ‘chat’ that allows writers and their subscribers to engage in real-time conversations on the web

Next News

Retail tech startup Dukaan laid off 56 employees roughly 30% of its workforce

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