Bengaluru-based mobile gaming startup Spill Games has secured US$10.5 million in a Series A funding round led by Elevation Capital. Existing investors Centre Court Capital and PeerCapital also joined the round, reinforcing their confidence in the company's AI-led approach. The funding marks a significant milestone for the young studio as it looks to scale its portfolio of casual and puzzle games for global audiences.
Funding Details
Elevation Capital led the Series A funding round for Spill Games, marking another high conviction bet in the Indian gaming ecosystem. Existing investors Centre Court Capital and PeerCapital also participated in the round. The new investment brings the company's total disclosed capital to US$14.35 million when combined with earlier seed and angel funding.
Investor Confidence and Previous Backing
Centre Court Capital and PeerCapital previously co-led a US$3.1 million Seed round in Spill Games. The startup also raised US$750,000 from All In Capital, M-League, and other angel investors in December 2024. Their continued participation in the Series A round underscores strong investor confidence in the founding team and its AI-native production model.
Founding Team and Background
Spill Games was founded in 2024 by Om Misra, Tapan Ranjan, and Harsh Garg, three former operators from PlaySimple Games. The founders bring direct experience in building and scaling mobile titles for global audiences. Their startup focuses on free-to-play casual, puzzle, and hybrid-casual games delivered through a lean, technology-first operating model.
AI-Led Development and Compass Engine
At the core of Spill Games is Compass, a proprietary AI-led engine and tooling layer that integrates analytics, retention, monetization, and live operations. The company uses this infrastructure to reuse systems across titles and compress the time from concept development to market testing. Spill Games says its approach allows a small team to develop games about four times faster than traditional methods.
Portfolio Growth and Data-Driven Testing
The startup's portfolio has grown from three games with scalable and profitable metrics to six in less than three months. Spill Games develops multiple game concepts, builds prototypes, and tests them with players to measure retention, engagement, monetization, and user acquisition. Data from these tests identifies which titles deserve further investment and global scaling.
Use of Funds and Expansion Plans
The fresh capital will be used to scale successful games, expand the portfolio, fund user acquisition, and strengthen technology and AI capabilities. Spill Games also plans to selectively hire talent to support its rapid test-and-scale model. Marketing remains a primary focus, helping the company accelerate player growth across international markets.
Market Opportunity and Outlook
The global mobile gaming market is estimated to reach US$176.7 billion in 2026 and is projected to grow to US$256.2 billion by 2030. Spill Games is positioning itself to capture a share of this expanding market through faster development cycles and data-driven publishing. Investors see the company's AI-native model as a key advantage in a category where sustained player retention is difficult to achieve.
Spill Games has attracted institutional backing from Elevation Capital, Centre Court Capital, and PeerCapital as it builds a new kind of mobile gaming studio. The company's AI-led infrastructure and rapid experimentation model could help it launch and scale successful titles more efficiently than traditional developers. With fresh capital and a growing portfolio, Spill Games is poised to strengthen its position in the competitive global mobile gaming industry.