NEW DELHI: Vishal Gondal , founder of wearable devices startup GoQii , has invested an undisclosed amount in Bengaluru-based gaming venture nCore Games, and will also be acting as a strategic advisor to the brand new venture.While Gondal’s investment in nCore, which was founded less than year ago, is undisclosed, the transaction marks a return of sorts for him to the country’s broader gaming sector. Prior to founding GoQii, Gondal had founded and then sold India Games to Walt Disney for reputedly an estimated $100 million.Founded by Dayanidhi MG , who was formerly the Asia-Pacific head of Digital Chocolate and RockYou, in 2018, nCore develops and publishes mobile games, particularly mid-core games, for the Indian market. It will also publish games from top global studios for the Indian market.“Since exiting IndiaGames in 2012, I was on the lookout for a strong team with a vision and amazing game development capabilities. I am glad that I have found those capabilities in the nCore team and I am very confident that together we will be able to change the mobile gaming scenario in India,” Gondal said in an official statement.nCore has also partnered with Finnish video game developer Rovio Entertainment, which is best known for the popular Angry Birds mobile game franchise, and is in talks with other publishers across the globe.The company’s focus will be on the mid-core category of games, a segment which counts phenomenons, such as PUBG, Clash of Clans and Clash Royale that have found tremendous success across the globe.“Indian gaming market is rapidly scaling and poised for an unprecedented growth starting now. High-quality Indian ethos based games with deep and rewarding experiences both in terms of gameplay and accessibility will be embraced by the Indian gamers,” Dayanidhi said in the official statement.India’s still-nascent gaming sector is poised for a breakthrough, according to industry estimates, driven by a combination of greater smartphone penetration and lower cost of data, allied with rising demand for mobile content.Annual mobile gaming revenues in India are forecast to grow multifold to over $1 billion in 2021 thereby making India the fastest-growing mobile games market in the world by overall revenue.“The market has massively expanded. My understanding is that out of the 300 million smartphones, there are more people playing games, than consuming video,” Gondal said.In the broader gaming space, home-grown mobile gaming company Nazara Technologies , which counts Rakesh Jhunjhunwala, IIFL and private equity firm WestBridge Capital among its list of institutional backers, is expected to go public this year, and is looking to raise over Rs 1,000 crore in the issue.“I think, after India Games, no one has focused on developing high-quality original content from India…The real power power being successful in this space, is intellectual property. The Indian gaming store is currently dominated by foreign games,” Gondal pointed out.Gondal, who has previously backed about 25 startups, spread across, India, Singapore and in the US, counts companies such as co-working venture Innov8 and travel media venture Skift, in his portfolio. The entrepreneur and investor, who has picked up a ‘significant’ minority stake in nCore, typically invests between $100,000-$1 million in early-early-stage ventures.