Indian Angel Network, IAN has invested under a million US dollars in Mumbai based gaming start-up, Gamiana.
Gamiana or House of Games, derived from Games and Aashiana (house), is one of the first companies in India to offer multi-player platforms and the ability to play games real time. This will address the new markets created by the synergies between the increase of internet on smart-phones, online gaming and social networking across the globe.
Post this investment, IAN member Chetan Shah has joined the board of Gamiana.
Gamiana is focused on many developing markets like Brazil, Turkey, and the Philippines and will use this investment Gamiana to grow its customer base, enhance gaming software development for existing games–Jamia Online and Vinashi–and bid for new gaming contracts in overseas markets.