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The Silicon Review Asia

Akatsuki Entertainment Technology: Scouting New Deals in India

Akatsuki Entertainment Technology: Scouting New Deals in India

The company is famous in Tokyo for gaming and entertainment. It is a fund investor now seeking a good deal in India. Startups should be awake now and find a way to grab the attention of this investor. A sum of $ 50 million USD which is up to Rs 352 crore capital funds will be provided by Akatsuki Entertainment Technology. The company is looking for those startups that are providing content in gaming, vernacular languages, entertainment and media in Asia's third-largest economy. It is also investing in other regions like the US and Japan. The company said it is investing in seed and series – A rounds and Yuki Kawamura who is the principal at AET (Akatsuki Entertainment Technology) Fund confirms this.

The firm is also working with Accel Partners and Blume Ventures. These two are considered to be the leading VC firms that are operating in the country. AET believes that it is still new to this market and all of its investors have been co-investing within the local partners. Further partnering with other top-tier VSA funds will give it more confidence. That is why AET Fund is betting on the growing number of internet users in India. Also, the fact that mobile phone users’ ratio drastically increases every year.

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