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Mail.ru Group's investment in game development exceeded ₽6 billion since 2017

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Mail.ru Group's investment in game development exceeded ₽6 billion since 2017

Mail.ru Group has invested over 6 billion rubles in video game creation since 2017, My.Games co-founder and Mail.ru Group chief operating officer Vladimir Nikolsky told RBC.

The largest amount of funding amounting to about 2 billion rubles from the investment fund My Games Venture were invested in Novosibirsk developer Deus Craft - the creator of the game Grand Hotel Mania. The project was launched in July last year and in August it already ranked second in the ranking of mobile applications by revenue in the time management category on iOS and Android.

An example of one of the modest investments of about 150 thousand dollars was the Belarusian studio Swag Masha. It took the company less than a year to grow by 1.7 times. It started making money right after launching its flagship project - Love Sick: Interactive Stories. The funding was able to return in a few months.

In total, since 2017 My Games Venture has invested in 45 developers, but only seven of them were able to achieve the "right" result.

Made in Russia // Made in Russia

Author: Ksenia Gustova

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