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New VC fund Lumikai to seed home grown gaming studios, entrepreneurs
Synopsis
First dedicated capital pool for India sees global media and tech companies log in as investors, aims to deploy $2 lakh - $2 million across 20 early stage companies
MUMBAI: When a former Morgan Stanley investment banker, who had early on in her career helped GDF Suez in a 7.8 billion pound acquisition, met a former Google hackathon winner last November in Hyderabad on the side lines of a gaming conference, both realised “2 plus 2 equals 5 when it comes to their common passion: gaming.”Eight months later, that unique equation is bearing fruit - A brand new venture fund Lumikai, the brainchild of Salone
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