ChimeraVC launches $10M India-focused gaming fund

ChimeraVC, a Bangalore-based VC firm, has officially launched a $10 million early-stage gaming fund targeting India and Asia, aiming to support visionary founders shaping the future of play.

The fund, spearheaded by KrishAnurag, Yashmit Kedia, and Mohit Mohan, seeks”outliers redefining gaming.” ChimeraVC invests across game studios, platforms, infrastructure, AR/VR, Web3, and creator ecosystems, focusing on early bets pre‑trend and pre‑hype.

ChimeraVC emphasises speed and commitment:

  • Fast investment cycles without slow committees

  • Close, hands‑on partnerships guiding product, strategy, and team evolution

  • Access to a global network of gaming and media operators and creatives

The fund offers first cheques of approximately $150k per deal with follow-ons of $500–700k into 4–6 winners over a multi-year period

Qila Games: The First Portfolio Company

ChimeraVC’s debut investment has been Qila Games, a Bengaluru-based studio founded in 2024 by veterans Dhananjai Hari and Neeraj Mishra. The hybrid-casual firm raised $1 million in a pre-seed round led by ChimeraVC, joined by Visceral Capital, Atrium Angels, Ventana Ventures, 91 Ventures, Untitled Ventures, and others.

Qila Games released their first title, Ludo Hero, in February 2025—a blend of classic Ludo mechanics with hero-led strategy, social features, and meta progression. The new capital will help Qila expand its IP portfolio and strengthen tech and design teams.

qila games team photo
Qila Games secures $1 million to develop hybrid-casual games for India and the world

Looking Ahead

The VC fund is actively scouting founders who are:

  • Obsessive, fast-moving, and scrappy

  • Equipped with bold vision and grounded execution

  • Able to attract top talent and advisors, even without a pitch deck