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Gaming as an industry is hot again and Vani Kola’s early-stage fund wants to be at the forefront.

Editor's note: Kalaari Capital seems to have a new pursuit—gaming. Over the past few months, the Bengaluru-based venture capital fund has ramped up the number of gaming founders it meets and the number of conversations it has with other potential investors (global gaming companies and sector-specific funds), according to three people in the know. Just this year, the early-stage fund has invested in two gaming startups—gaming studios Bombay Play and Atirath—and negotiated term sheets with at least one more, according to two of the three people quoted above, all of whom asked not to be named. In October last year, Kalaari had invested in a gamified learning startup called Creative Galileo; gamified learning usually refers to educational apps that have a game-like interactive format. The fund has also partnered with portfolio company WinZO to set up a small fund called GamingLab. This is supposed to invest up to $1 million in startups “across all forms of interactive entertainment—games, economies around gaming, content creation, live-ops, and security”. For Kalaari and its founder and managing director, Vani Kola, gaming in a way has always …
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