Bengaluru-based Gaming Startup STAN Secures $2.7 Million in Pre-Series A Funding
Jan 23, 2024•almost 2 years ago
Amount Raised
$2.7 Million
Round Type
seed
Investors
Coinswitch VenturesTdv PartnersClimber CapitalCoin Dcx VenturesGeneral CatalystGfr FundMaelstrom FundPix CapitalAptos Labs
Description
STAN, a rapidly growing gaming platform based in Bengaluru, proudly announces the successful closure of its Pre-Series A funding round, raising an impressive $2.7 million. The funding round witnessed participation from key new investors, including Aptos Labs, Pix Capital, Maelstrom Fund, GFR Fund, along with returning investors General Catalyst. The global interest in the Indian gaming industry was evident with additional support from CoinDCX Ventures, Climber Capital, TDV Partners, and Coinswitch Ventures.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers