Mayhem Studios is a technology company.
Mayhem Studios has raised $20.0M across 1 funding round.
Mayhem Studios has raised $20.0M in total across 1 funding round.
Mayhem Studios is an Indian game development studio founded in 2022, specializing in AAA battle royale games with a focus on mobile gaming infused with local storytelling.[1][2][4] Its flagship product, *Underworld Gang Wars (UGW)*, is a battle royale title set in the fictional land of Dhantara, featuring rival factions and Indian cultural elements to create immersive experiences for players.[1] The company, headquartered in Bengaluru, serves the growing mobile gaming market in India, addressing the demand for high-production-value games tailored to regional audiences, and has raised $20M in funding up to Series A-II stage while generating ₹9.6 Cr+ in revenue by FY23 with around 71 employees.[1][2]
Mayhem Studios was established in 2022 in Bengaluru, India, initially targeting mobile gaming before expanding into high-quality AAA titles.[1][2][4] While specific founders are not detailed in available profiles, the studio emerged amid India's booming gaming sector, aiming to develop big-budget video games with substantial marketing push.[4][6] Early traction includes securing $20M in venture funding, with the latest round in July 2024, and building a team of 71 amid rising interest in vernacular gaming content.[1][2] This positions it as part of Bengaluru's vibrant tech ecosystem, evolving from mobile-first roots to culturally resonant battle royale experiences like UGW.[1]
(Note: A separate U.S.-based Mayhem Studios in software exists but appears unrelated, with only 4 employees in Los Angeles.[3])
Mayhem Studios rides the explosive growth of India's gaming market, fueled by rising smartphone penetration, affordable data, and demand for localized content in 12+ Indian languages.[1] Timing is ideal post-2022 founding, coinciding with vernacular esports streaming on platforms like WinZO and Rooter, plus cloud gaming shifts that lower hardware barriers.[1] Market forces like government pushes for digital India and influencer-driven regional content favor its culturally attuned AAA battle royales, influencing the ecosystem by empowering local creators and expanding gaming beyond urban elites to mass-market players.[1][2]
Mayhem Studios is poised for scaling UGW and similar titles, leveraging $20M funding to amplify marketing and tech in mobile AAA gaming.[1][2] Trends like vernacular esports, AI-enhanced storytelling, and global India-themed exports will shape its path, potentially boosting revenue beyond FY23's ₹9.6 Cr amid 9K+ monthly web traffic.[2] Its influence may grow by setting benchmarks for culturally native high-end games, drawing more investment to Bengaluru's studio scene and redefining battle royale accessibility in emerging markets—echoing its mission to transform gaming for India's next billion users.[1]
Mayhem Studios has raised $20.0M in total across 1 funding round.
Mayhem Studios's investors include ENIAC Ventures, Galaxy Digital, Griffin Gaming Partners, Kleiner Perkins.
Mayhem Studios has raised $20.0M across 1 funding round. Most recently, it raised $20.0M Series A in April 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2023 | $20.0M Series A | ENIAC Ventures, Galaxy Digital, Griffin Gaming Partners, Kleiner Perkins |