One97 invests 1 mn Singapore dollars in mobile gaming firm

MUMBAI: Mobile content, advertising and commerce service provider One97 has invested 1 million Singapore dollars in the Singapore-based The Mobile Gamer (TMG).

TMG is a publisher of mobile social games like Club Wars, Monster Fight and Fun Factory for South East Asia. The company claims to have a base of over 500,000 subscribers for its games. It distributes the games directly through and via social networks.
One97 Communications CMD Vijay Shekhar Sharma said, "Mobile social gaming is a high growth area of mobile gaming. Alvin and his team have shown their creativity and passion in launching addictive games on social platforms in South East Asia. We are very delighted to be part of the success of TMG."

TMG licenses and develops games that are localised. The games work on any mobile device that comes with a mobile browser. 
TMG CEO Alvin Yap said, "TMG is extremely thrilled to have One97 as an investor. The value goes beyond money as we are sure Vijay and his team can add significant knowledge and experience along with unprecedented access to the Indian market. We are excited to join the One97 family and to work together with them in becoming the market leader for mobile social games in Asia."

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