Sweden-based Stillfront acquires Teen Patti creator Moonfrog Labs
Shortpedia
Content Team
Image Credit: Inc42
Sweden-based free-to-play gaming studios Stillfront Group announced that it will acquire Bengaluru-based Moonfrog Labs Private Limited, the company behind popular games like Teen Patti Gold, Ludo Club, Rummy Gold and others. The acquisition will be conducted in four tranches, leading to a 100% takeover. Moonfrog had raised $15 Mn in its Series A round from Tiger Global and Sequoia Capital in 2015
