Kazakhstani online game Grand Mobile has raised $750,000 in investment from the Astana Hub Venture Fund. The deal was made at a company valuation of $75 million.
Grand Mobile is an open-world RP life simulator created by 27-year-old Roman Lineytsev from Ust-Kamenogorsk, a participant in the Forbes «30 Under 30» list.
Grand Games, a Kazakhstan-based online game developer, currently develops the game. To date, the game has been downloaded more than 60 million times and draws a monthly audience exceeding 5 million users. Last year alone, the mobile game’s revenue amounted to $17.9 million.
«We raised...