One97 Communications invests S$ 1 million The Mobile Gamer Singapore

 

Mobile Social game creator TheMobileGamer (TMG) of
Singapore announced that it received series A funding of S$1 million from One97
Communications of India.

 

TMG is a publisher of mobile social games like Club Wars,
Monster Fight and Fun Factory for South East Asia. Distributed directly through
Kotagames.com and via social networks, TMG has more than 500,000 subscriber
base for its games.

 

TMG
license and develop games that are localized and distributed through various
networks and operators in South East Asia. Its games work on any mobile device
that comes with a mobile browser.

 

TMG is extremely thrilled to have One97 as an investor.
The value goes beyond money as we are sure Vijay and his team can add
significant knowledge and experience along with unprecedented access to the
Indian market. We are excited to join the One97 family and to work together
with them in becoming the market leader for mobile social games in Asia,”
said Alvin Yap, CEO, TMG.

 

One97 Communications also invests in early stage mobile
companies out of its initiative One97 Mobility Fund, which is a $100 million
fund set up.

 

“Mobile social gaming is a high growth area of
mobile gaming. Alvin and his team have shown their creativity and passion in
launching addictive games on social platforms in South East Asia. We are very
delighted to be part of the success of TMG,” said Vijay Shekhar Sharma,
chairman and managing director, One97.

 

By TelecomLead.com Team
editor@telecomlead.com