Friday, March 29

Marsplay Raises Funding from Venture Highway, Others

Marsplay, a community-led commerce platform has raised funding led by Venture Highway. The pre-series A round, whose size was not disclosed, also saw participation from Alvin Tse from Xiaomi, Jonathan Lau, Partner, Cadorna Ventures, a statement said.

Existing angels including the personal offices of Shailesh Rao, a partner with TPG Growth, and Nikhil Mohta, Director, ICICI Ventures also followed on in this round.

Marsplay’s seed round was led by Amit Agrawal (former YouTube India Head), Vivekananda Hallekere (Bounce CEO) and Shamir Karkal (Simple.com founder) among others, it added.

Marsplay plans to use the funds to build its product engineering team and build a strong creator community, it said.