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Bengaluru-based Gaming Startup STAN Secures $2.7 Million in Pre-Series A Funding

Jan 23, 2024almost 2 years ago

Amount Raised

$2.7 Million

Round Type

seed

BengaluruGaming

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.

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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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers