nCore Games raises $10 million, to soon launch web3 offerings

Published on:

nCore Games announced on Monday that they have raised $10 million in a new financing round as the top Indian gaming firm. Polygon, a popular layer 2 Ethereum scaling solution, and Hyperedge Capital also took part in the roun in the round. Apart from that, the funding was majory led by big crypto investors namely Animoca Brands and Galaxy Interactive

A string of angel investors including Amitabh Singhal, Sandeep Nailwal, Kanwaljit Bombra, Sohil Chand, Ashish Chand, Ram Madhvani, Rakesh Kaul, Mannan Adenwala, Sanjay Narang, Taj Haslani, Kristian Segerstrale, Sanjay Gondal, Vedant Baali, Kartik Prabhakara, Peter Leung, Yashraj Akashi and Akshay Chaturvedi also pumped in investments in the round.

ALSO READ: Cockfights and a casino highlights of Andhra’s Sankranti festivities

nCore Games under its banner includes a bevy of gaming studios including Studio nCore, Dot9 Games, and IceSpice. Its portfolio includes multiplayer action-title Fau-G and Pro Cricket Mobile that have garnered tens of millions of downloads.

In an interview with TechCrunch, Vishal Gondal, co-founder of nCore Games revealed The startup plans to launch and invest in more games this year. But the top priority with the funding is expansion into the metaverse, he said. nCore Games is also exploring the prospect of launching its own NFTs and tokens..