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Gaming start-up Octro raises $15 mn from Sequoia
MUMBAI: Noida-based mobile gaming start-up Octro has raised $15 million from Sequoia Capital. This is Octro’s first round of institutional funding.
Octro began its journey as a voice over internet protocol (VoIP) player in 2006. But two years back founder Saurabh Aggarwal decided to convert it into a pure-play mobile games developer.
Octro, which has almost two million daily active users, has made popular Indian offline games such as ‘Teen Patti’ and ‘Rummy’ available on the mobile platform.
Both ‘Teen Patti’ and ‘Rummy’ rank among the top five games in multiple categories on Google Play Store.
Octro has also made ‘Tambola’, a mobile version of the classic game.
Octro has 25 employees and makes culturally relevant games for mobile users.