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December 23, 2014

Deal Alert: IDG invests in mobile gaming company Playsimple

IDG Ventures India has invested in PlaySimple, a mobile social gaming company through its seed fund program. The company is focused on mobile games in the trivia, word and puzzle categories. Yezdi Lashkari, a former executive, at Zynga, also participated as an angel investor as part of the round. The money will be used to build a portfolio of mobile casual games targeting the global markets. Playsimple also plans to increase its team from six to 20 and is looking to hire game designers and UI experts.  

Source: Yourstory.com

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