Mumbai: Games2win, an online games company, has raised investment from Nirvana Venture Advisors by diluting 10 percent of the company’s equity previously held by early investors Nexus India, ICICI Ventures and from a few senior company employees. As a part of the deal, Amit Patni, Co-Founder, Nirvana Venture Advisors, will join the board of Games2win.

Nexus and ICICI continue to hold shares in the company, whereas the lead investors Clearstone Venture Partners and SVB Holdings have not divested their shares in this transaction.

Founded in 2007 and based out of Mumbai with offices in U.S., Games2win attracts more than five million unique visitors a month from across the globe. Games2win owns over 600 proprietary games and entertains over 15 million players each month on its network.

Alok Kejriwal, CEO and Co-Founder, Games2win, said, “We have very aggressive expansion plans for Games2win and Nirvana Venture Adisors are excited by our ideas. Given that we have sufficient capital for growth, Nirvana invested in our company by providing partial exits to the early shareholders and key employees.”

In the past few months, the company’s mobile apps has crossed 10 million downloads mark and have registered over 100 million game plays in just one month. With the support of the investors, the company wants to create the next leap forward for itself.

Sandeep Singhal, Managing Director, Nexus Venture Partners, said, “We have supported Alok over the past decade across various firms in the 2win Group, and we look forward to having Nirvana as a partner in the new growth phase of the Games2win.”

Rajan Mehra, Managing Director, Nirvana Venture Advisors, said, “At Nirvana, we are very excited by what Games2win is creating. Their games library, combined with their massive audience reach and deep insights of gaming, provides the perfect formula for creating a very successful, global gaming company. This investment allows us to align with them at the right stage and also participate in its future success.”

Sumant Mandal, Managing Director, Clearstone Venture Partners, said, “As lead investors of Games2win, we have seen the company scale from an early stage local Indian games business to a company with a global, impactful footprint.”