Monthly Archives: September 2014



Matrix Partners India today announced that it has invested in the first institutional round of funding for Red Monster Games India Private Limited, which will build mobile social games for the India market across the Casino, Arcade, Casual and Invest Express categories.

Kunal Kapur, the co-founder and CEO, has experience in social gaming at Zynga. He has previously founded SnatchKing Online and is an alum of ISB and Carnegie Mellon His co-founder and CTO, Kiran Upadhya, has worked previously with Zynga and SupportSoft.

“Our vision is to build the largest, mobile-first, social gaming company out of India. We believe Read more

Matrix Partners India invests in Red Monster Games


FreeCharge, an online platform run by Accelyst Solutions pvt ltd. that lets users to  add money to their prepaid mobile phone plans or pay utility bills online easily and in turn earn coupons, has raised a $33 million Series B from returning investor Sequoia Capital, as well as Sofina, and RuNet. Freecharge has raised Rs 20Cr from Sequoia Capital earlier in 2012.

Money will be deployed primarily in marketing activities, new advertising platforms and acquisitions. FreeCharge plans to grow both organically and via acquiring companies. Recently they acquired 2 startups – WishBerg and Preburn. FreeCharge is Mumbai based … Read more

Freecharge raises $33M in series B round