Corporate venturing deal net: 24-28 April 2017

Apr 28, 2017 • Robert Lavine

Mech Mocha Game Studios, an India-based mobile game developer backed by e-commerce firm Flipkart, has secured $5m in a series A round co-led by venture capital firms Accel Partners and Shunwei Capital that also featured fellow VC firm Blume Ventures, Tech Portal reported yesterday. Flipkart and Blume had provided $1m in seed capital for Mech Mocha at the end of 2015, after the company had raised an undisclosed amount from angel investors including Devendra Parulekar, Sanjay Mehta and Ravi…

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