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Tag: Funding

Karnataka unveils Rs 150 crore investment plan for AVGC-XR sector

In a bid to boost the Animation, Visual Effects, Gaming, Comics, and Extended Reality (AVGC-XR) sector, the Karnataka government has proposed a significant investment...

Karnataka launches Rs. 20 crore VC fund to boost AVGC sector growth

The Animation, VFX, Gaming, and Comics (AVGC) sector, the Karnataka Information Technology Venture Capital Fund (KITVEN) has officially unveiled a dedicated Venture Capital (VC)...

Gaming startup MetaShot raises $400k in pre-seed round

Bengaluru-based gaming startup MetaShot have successful raise $400,000 in a pre-seed round led by Inflection Point Ventures. Several angel investors including founders of Dineout...

Nazara Tech: Board approves Rs 750 cr equity-backed issue

Gaming company Nazara Tech's Board of Directors (BoD) has approved the proposal to raise up to Rs 750 crores. The company is known to...

NFT gaming platform Parallel raises US$50 Mn at US$500 Mn valuation

Parallel, a sci-fi card game based on the Ethereum blockchain, has raised $50 million at a half-billion-dollar valuation from crypto VC firm Paradigm, as...

Blockchain game developer Animoca raises US$ 65 Mn at US$ 2.2 billion valuation

Animoca Brands, a Hong Kong-based blockchain gaming, metaverse, and non-fungible token (NFT) company, has closed a capital raise of US$65 million at a pre-money valuation of US$2.2 billion, according to a company statement.