INDIA – Rusk Media Pvt Ltd, a New Delhi, India-based digital entertainment company aimed at GenZ audiences, raised over $9.5m in an extended series A funding.
Seoul-based DAOL Investment and Audacity Ventures led the extension round with existing investors InfoEdge Ventures (IEV), Mistry Ventures, Survam Partners participating. DAOL Investment, Audacity Ventures, InfoEdge Ventures, Mistry Ventures, Survam PartnersThe company intends to use the funds to launch a blockchain-based UGC-led gaming platform. Led by Mayank Yadav, CEO, Rusk Media creates entertainment video content for their audiences and will soon launch a UGC-led social gaming platform, which will enable game developers to create games using freely available Rusk IP assets.The company has raised a total of $12M in the last three years and counts Nazara Games and NODWIN Gaming as their investors, among others. Rusk Media is known through its content & IPs on social channels Alright! and Playground with over 500M+ monthly views, and their shows on OTT Platforms.20/08/2022
