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General Catalyst Leads $2.5 Million Funding Round In Stan, Its First Web3 Bet In India

May 25, 2022over 3 years ago

Amount Raised

$2.5 Million

Round Type

seed

BengaluruGaming

Description

Mumbai: Even at the seed stage, General Catalyst had to fight about four term sheets to lead a $2.5 million round in Web3 startup Stan, says Anand Chandrasekaran, partner at the US-based venture capital fund.

Company Information

Company

Stan

Location

Bengaluru, Karnataka, India

About

STAN is the ultimate destination for India's gaming community—a vibrant platform where you can play, hang out, and win. More than just an app, STAN brings gamers together to connect, compete, and share their passion. With engaging games, rewarding competitions, and interactive features, STAN fosters a strong sense of community. Gamers can also join or host clubs tailored to their interests, enabling discussions, tips, and event planning within dynamic social hubs.

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