Mobile gaming startup Mech Mocha has raised $5 million from Accel Partners, Shunwei Capital., and existing investor Blume Ventures. The Bangalore-based company has stated that they will invest in developing new mobile games in casual and mid-core categories.
Tuck Lye Koh, Founding Partner & CEO, Shunwei Capital, said in a statement: “The Indian mobile gaming sector is growing at a fast pace and holds great opportunity. Mech Mocha has taken the lead in this space and we are happy to be a part of their growth journey. We hope to share our experience in China and use it to create new opportunities for Mech Mocha in India.”
China-based Shunwei Capital is bullish on early to growth-stage investments in mobile Internet, fintech, edtech, AI and IoT sectors. In India, they have also invested in pre-owned cars’ marketplace Truebil. Accel Partners have…