South Korean VC firm Hashed leads $15 Mn round in GetMega

September 13, 2021

GetMega, a Bengaluru-based startup gaming platform, has raised $15 million in its Series B round. Investors include Accel India and South Korean venture capital firm  Hashed Venture Fund. The two year old company had previously received funding of $9 million from the same investors during their seed rounds.

GetMega raised $15 million in May, June and September with Hashed leading the investment ($7M), and Nexus and Accel investing $4M each. 

Serial Entrepreneurs

GetMega was launched by Mayank Kumar and Lokesh Jangid in early 2018. The duo had previously founded last-mile delivery startup Opinio, which they sold to Curefit for an undisclosed sum a year ago.

Following the allotment of fresh shares, Founders Kumar and Jangid's collective stake in their company has been reduced to 42%. Accel now holds a larger amount at 23%, followed by Nexus and Hashed with 19% and 9% respectively.

Resource Link : https://entrackr.com/2021/09/exclusive-south-korean-vc-firm-hashed-leads-15-mn-round-in-getmega/

GetMega is a social gaming platform that offers skill-based games across card and trivia categories.It counts on other distribution channels like YouTube to expand their audience base. The Android-only app has 5 million registered users on the platform and is aiming to gain 50 million by December.