# LILA Games Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lila-games-private

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.lilagames.com
- Total disclosed funding: $13M
- Latest round: Series A (Mar 16, 2022)
- Investors on record: 5

## About

LILA Games is a mobile gaming company specializing in innovative Free to Play (F2P) shooter games, dedicated to creating engaging and dynamic gaming experiences for a global audience.Founded in 2020 and headquartered in Bangalore, India, LILA Games Private Limited focuses on developing mobile games, primarily extraction shooter games like their flagship Project Black. The company has not undergone any significant pivots and operates independently. The founder, Avinash Pandey, has a history of entrepreneurship, while Joseph Kim serves as the CEO. The company has raised USD 10.000 mn in Series A funding led by Rainfall Ventures, with additional participation from BITKRAFT Ventures, Galaxy, KRAFTON, and Sequoia Capital. This total amount raised matches their latest round of funding, indicating significant investor confidence in the company's direction.LILA Games focuses on the development of innovative mobile gaming experiences, particularly ambitious Free to Play (F2P) shooter games. Their flagship offering, Project Black, is an extraction shooter designed for mobile platforms that aims to deliver excitement and challenge. The company is committed to enhancing its games continuously, targeting casual and hardcore gamers globally, especially in regions with high mobile gaming usage.LILA Games generates revenue through in-game purchases and microtransactions within its games, including Project Black. Players can initially access the game for free but can enhance their experience through the purchase of virtual items or premium features. This direct-to-consumer model fosters engagement and monetization opportunities as users invest in their gaming experience, supported by robust retention strategies and continuous content updates that keep players engaged.In March 2022, LILA Games Private Limited raised USD 10.000 mn in Series A funding, which will be utilized for product development and employee training. The company is focused on expanding its gaming portfolio with new products and plans to enter additional geographical markets, enhancing its global presence. Specific markets targeted for expansion will be defined as their product lineup evolves and new releases are scheduled.

## Funding rounds

- Series A, Mar 16, 2022, $10M — Hong Shan, Rainfall Ventures, BITKRAFT Ventures, Galaxy Asset Management, Krafton
- Seed, Nov 16, 2020, $2.8M — BITKRAFT Ventures, Galaxy Asset Management

## Investors

- BITKRAFT Ventures (https://capitalatlas.ai/funds/bitkraft-ventures) — Seed, Series A
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Seed, Series A
- Hong Shan — Series A
- Rainfall Ventures (https://capitalatlas.ai/funds/rainfall-ventures) — Series A
- Krafton — Series A