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Security Type
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CAFES
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Categories
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Entertainment, Technology, Retail, Community & Lifestyle
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Min Investment
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$300
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Offering Date
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November 09, 2021
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$1.00M
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No. Investors
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201
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Security Price
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$1
- Number of Employees
- 7
- Cash
- $113
- Revenue
- $0
- Short Term Debt
- $383
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-383
Company Description
Started as a video gaming company, Gamestacy, pivoted towards mobile gaming and now specialises in it, upon identifying the lucrative gap in the female centric & GenZ led gaming market. Making whoopee mobile games. An indie game studio in Delhi, India. We are working on our first title "Turny Road" which is a zig zag style game in which you have to stay on road collect money and get cars. You objective is to become the best driving and being granted the title of "Turny King". The game will be released December 21st.
Key Deal Facts
Experienced founder in Gaming Space with past exit and VC-backed startup
Accepted into Google Games Accelerator and Newchip
Initial seed of $125k from Sanjay Kumar, Ex-CEO of Eliors & Altran India
Featuring opportunity with Google & Jio (338 million users) platform
Renowned Mentors from Zynga, TouchTen, Beamable
Creating inclusive and toxic-free games to build a better gaming world
Featured in Business Standard, YourStory & The Week
39 minutes average session time in a CPI test with Lion Studios
Management Team / Advisory Board Bios
Danish Sinha_x000D_
Founder | CEO_x000D_
7+ years of experience in the mobile gaming industry. Learned game development online from Michigan State and CalArts. Successful build more than 20+ games. Previously Co-founded PakkaProfile, a VC-backed startup._x000D_
_x000D_
Artur Costa_x000D_
Lead Narrative Designer_x000D_
Artur is a veteran storyteller with 8+ years of experience in the entertainment business. Co-directed an animated feature film with an ~$600k budget and worked on four gaming titles (Goldbergs Back to the '80s, Krinkle Krusher, Skyrise Runner etc)
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Security Description
A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.