GAMING INDUSTRY IN INDIA - Takes Some Serious Steps !!!
- Indian Web3 gaming firm raises $20m at $150m valuation.
Kratos Studios, a Web3 gaming venture based in India, has raised about US$20 million in seed funding at a valuation of US$150 million. The round was led by Accel and saw participation from Prosus Ventures, Courtside Ventures, Nexus Venture Partners, and Nazara, among others.
“We are providing 500 million gamers of India an opportunity to leverage their time and skill to become creators of digital goods on the blockchain for global games,” Agarwal added.
- Microsoft in talks to join $100m round of Indian gaming unicorn.
India removes Battlegrounds Mobile game from app stores.
Indian esports startup scores $40m from Sequoia, others.
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