Sarmayacar bets on mobile gaming by investing in Revolving Games

Published February 12, 2020
After an injection of $12 million from a global publishing giant and a seed investment led by Sarmayacar, Revolving Games is moving towards the launch of its first game in 2021. — Photo courtesy Sarmayacar PR
After an injection of $12 million from a global publishing giant and a seed investment led by Sarmayacar, Revolving Games is moving towards the launch of its first game in 2021. — Photo courtesy Sarmayacar PR

Revolving Games, a brainchild of brothers Ammar Zaeem and Shayan Zaeem who have a decade of mobile game development experience under their belt, is set to launch its first game next year, said Sarmayacar — a venture capital firm for tech startups — in a press statement.

Revolving Games is developing a massively multiplayer online game, bringing together some of the world’s best gaming leadership, with development and design capabilities from a San Francisco office while benefiting from cost advantages that come with operations being primarily based out of Lahore, said the statement.

Kyle Bricker, the executive producer at the San Francisco Studio, brings 25 years of experience in product and software.

After an injection of $12 million from a global publishing giant and a seed investment led by Sarmayacar, Revolving Games is moving towards the launch of its first game in 2021.

“Pakistan’s young engineering talent has the potential to make the country into a game development hub within the global gaming ecosystem," said Rabeel Warraich, founder and CEO of Sarmayacar.

"Revolving Games is a startup that has 10 years of hard work behind it [...]. Our team consists of veteran rock stars that have designed, engineered and produced games that generated over $3 billion in lifetime revenue,” said Ammar.

Shayan, who is the president of Worldwide Studios, added, “We have spent almost a decade training talent in Pakistan, this type of a boutique game studio model is helping our Pakistan team grow at 5x the rate than it previously did in any other partnership."

Ammar and Shayan, along with their brother Saad previously founded Caramel Tech Studios, a leading game studio that originated in Pakistan.

Sarmayacar is a Netherlands-based venture capital firm that invests in budding tech-based startups with the aim to help build "scalable, market-transforming enterprise and consumer technology businesses in Pakistan", according to its website. The company's clients include local startups like Bykea, Dot & Line and Patari, among others.

Opinion

Shifting politics
Updated 01 Mar 2021

Shifting politics

Beyond PTI’s fault lines the more consequential question is credibility of future elections.

Editorial

SC on Senate polls
Updated 02 Mar 2021

SC on Senate polls

THE Supreme Court has declared in its short order on the reference sent by the president under Article 186 of the...
02 Mar 2021

Khashoggi report

THE grisly 2018 murder of Saudi journalist Jamal Khashoggi in the kingdom’s Istanbul consulate shocked people...
02 Mar 2021

Heritage trail

THE heritage trail project in central Punjab, inaugurated by Prime Minister Imran Khan on Sunday in Jhelum district,...
LNG deal
Updated 01 Mar 2021

LNG deal

PAKISTAN has clinched a good deal for the long-term supply of LNG from Qatar. Under the new contract, Qatar will...
01 Mar 2021

US Syria strike

IF the US is serious about mending fences with Iran, then firing missiles at fighters allied with Tehran in Syria ...
01 Mar 2021

Sri Lanka cremations

SRI LANKA has in a welcome move reversed its order that mandated all those dying of Covid-19 be cremated. The...