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Gaming startup Gillidanda Tech Pvt. Ltd., known for its flagship brand MetaShot, has secured Rs 2 crore via convertible debt from KITVEN Fund (Karnataka Information Technology Venture Capital Fund), the Karnataka Government's Alternative Investment Fund (AIF).
The startup plans to use the funds to drive growth and support market expansion.
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In January 2025, the startup raised Rs 11 crore through a mix of equity and debt funding led by Sauce.VC, with support from Sharrp Ventures and Panthera Peak Capital. Prior to that, it secured $400,000 in a pre-seed round in 2023, led by Inflection Point Ventures and backed by a gaming-focused early-stage fund and notable angel investors.
Prince Thomas, Co-founder of MetaShot, said, “I’m deeply grateful to the Government of Karnataka and the startup ecosystem that empowers companies like ours. From the early days with the Elevate grant to now partnering with KITVEN at our growth stage, the journey has been truly encouraging.”
Shri P. V. Harikrishnan, CEO of KITVEN, said, “MetaShot exemplifies the innovation and quality emerging from Karnataka’s thriving startup ecosystem. With an entirely India-made product and localized manufacturing and assembly in Bangalore, MetaShot stands out for its quality. At KITVEN, we’re excited to partner with them and help take this innovation to the global stage.”
About MetaShot
Founded in 2021 by Prince Thomas, Ranjit Kumar Behera, and Ajith Sunny, MetaShot offers a console-like gaming experience using its own technology, which is currently patent-pending.
Its main product, the MetaShot Smart Bat, tracks real cricket shots in real time and brings them into the MetaShot app for interactive gameplay. The startup’s long-term goal is to create a platform that blends real-world and virtual play across different sports games.
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