Friday 26 April 2013

Nigerian Gaming Company KULUYA Valued At $2m




Filo: Nigeria-based online gaming company, KULUYA.com, on Thursday announced it raised another small seed stage investment to expand commercial activities, thereby propping the company’s valuation to $2 million.
Kunle Ogungbamila, Head of KULUYA said: “We have grown the company to a $2 million valuation in six months. Our goal is to become one of the most successful media companies in Africa, and with today’s news, I see this as being totally achievable”.

Kiyo: With games such as ‘My Oga @ the Top’ which Kunle claimed was played 60,000 times within the first 72 hours of its release, one wonders if Mr Shem Obafaiye received royalty.


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