Spill Games raises $10.5M led by Elevation Capital

Spill Games, a Bengaluru-based mobile-gaming studio founded this year, has raised $10.5 million in a round led by Elevation Capital. The Economic Times reported the funding on Wednesday.

The founders—Om Misra, Tapan Ranjan, and a third co-founder—all previously worked at a well-known gaming studio that was acquired by a global gaming group in recent years. Spill focuses on free-to-play casual, puzzle, and hybrid-casual games for global audiences.

This is Elevation Capital’s second $10.5 million check in October; on 25 September, the firm led a seed round for US dating startup Rivet. The back-to-back deals suggest a deliberate push into consumer-facing startups beyond fintech, where Elevation has been active—most recently in talks with Sachin Bansal’s Navi for a $40 million investment at a $1.5 billion valuation.

Spill’s raise also arrives as India’s gaming sector recovers from a two-year funding drought. The studio’s immediate challenge will be scaling titles that can compete with established global franchises in a market where user acquisition costs are rising. No revenue or user numbers were disclosed.

Sources: economictimes.indiatimes.com