Jio Platforms, the largest telecom operator in India and which has raised over $20 billion from Facebook, Google and different high-profile buyers this 12 months, is main a financing spherical of a San Francisco-based startup that develops augmented-reality cell video games.
Jio has led the Sequence A fundraise of Krikey, based by sisters Jhanvi and Ketaki Shriram, the Indian agency stated on Wednesday. They didn’t disclose the dimensions of Krikey’s Sequence A spherical, however Jio stated Krikey has raised $22 million so far.
Krikey has beforehand not disclosed any financing rounds, in response to their listings on Crunchbase, CBInsights, and Tracxn.
As a part of the announcement, Krikey has launched YAATRA, a brand new AR recreation that invitations customers to step in an action-adventure story to defeat a monster military. “Utilizing weapons such because the bow and arrow, chakra, lightning and fireplace bolts, gamers can battle by totally different ranges of fight and puzzle video games,” Krikey stated.
Jio subscribers in India will get unique entry to a variety of options in Krikey, out there on Android and iOS, together with a 3D avatar, and entry to some recreation ranges and weapons.
“Our imaginative and prescient with Krikey is to carry collectively inspiration and actuality in an immersive method. With augmented actuality, we’re in a position to carry fantasy worlds into your private home, straight by the window of your cell phone,” stated Jhanvi and Ketaki Shriram in a joint assertion.
In a press release, Akash Ambani, Director of Jio, stated, “Krikey will encourage a era of Indians to embrace Augmented Actuality. Our imaginative and prescient is to carry the most effective experiences from internationally to India and the introduction of Yaatra is a step in that path. Augmented Actuality gaming takes the person right into a world of its personal, and we invite each Jio and non-Jio person to expertise AR by Yaatra.”
We have now reached out to Jio and Krikey for extra particulars.
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