Collective Ace Group raises $100 million for gaming fund

Angel investor Parth Das said he has raised $100 million for a fund which would invest in the online gaming space in India and elsewhere.

Germany-based Das is the founder of The Collective Ace Group, a company that focuses on the services sector in the gaming industry.

“There’s no focus on the supply chain in the gaming industry, areas like game development, quality assurance, customer support, marketing, etc,” said Das. The funds, he said, would be deployed in India, the Middle East, Central and Eastern Europe, and that the company would look at acquisition opportunities across different parts of the gaming value chain.