Chimera VC: A Gaming-Exclusive Fund Backing Qila Games
Chimera VC is a gaming-exclusive venture capital fund founded by Krish Anurag, Yashmit Kedia, and Mohit Mohan in 2024, backing Indian game studios, platforms, and creator ecosystems at the concept stage. The fund launched with $10 million targeting India and Asia, writing first checks of $100,000 to $150,000 with larger follow-on reserves. Confirmed portfolio companies include Qila Games, its debut $1 million pre-seed investment, and Exiles.
Overview
Chimera Venture Capitals is a venture capital firm based in India. The firm started operations in 2024. It invests across early and growth stages. Its focus spans gaming, virtual reality, and media and entertainment. The firm has invested in around 10 companies to date. Its portfolio includes LiquidNitro Games, PlaySuper, and Driffle.
Investment Focus and Stage
Chimera Venture Capitals invests at the pre-seed, seed, and series A stages. It leads rounds mainly at the pre-seed and seed stages. Check sizes range from $500,000 to $1 million. This range suits founders raising meaningful early-stage capital. The firm applies this approach across gaming, SaaS, and media companies. This mix reflects its focus on interactive entertainment and technology.
Fund Size and Portfolio
The firm manages a current fund of $10 million. Its total fund size reaches $25 million. Chimera Venture Capitals has backed around 10 companies to date. LiquidNitro Games sits among its named portfolio companies. PlaySuper and Driffle complete the list of highlighted names.
Leadership
Chimera Venture Capitals operates with a team focused on gaming and interactive entertainment investing. The team looks for founders building at the concept stage. It applies hands-on support alongside capital for its portfolio companies. This background shapes how the firm evaluates new opportunities.