Chennai Angels invests in Octathorpe

CHENNAI: The Chennai Angels, an angel investor, has made an investment of USD 2,50,000 (about Rs 1.65 crore) in Hyderabad-based startup Octathorpe Web-Consultants, the promoter of cricket management game Hitwicket.

The online game is already generating funds through app purchases.

“Hitwicket has done a unique job of coupling it with the management. It’s only a matter of time before gaming companies become mainstream like in western countries,” Chennai Angels’ R Narayanan who led the investment said in a statement.

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