MetaShot, a Bengaluru-based console gaming startup, has raised INR 11 Cr in a combination of equity and debt funding.

The round was led by Sauce.vc, with participation from Sharrp Ventures and Panthera Peak Capital. The funds will be allocated for team expansion, R&D, growth, and brand building.

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Manu Chandra, Partner, Sauce.vc said, “We see Metashot as the perfect way to connect with friends and loved ones over simulated sports. The games are simple, easy to play and makes for a fun social experience for all ages. We are excited by the pipeline of games and feel the price point is perfect to make for gifting and export use case. Prince, Ranjit and Ajith are on a strong wicket with the local supply chain and tech development and we are excited to join hands with them.”

The startup has already recorded over 8 lakh matches on its platform, showcasing strong customer engagement. In the ongoing financial year, MetaShot is projected to grow revenue by 5x compared to the previous year.

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“We’ve already seen over 8 lakh matches on MetaShot in the short span of our journey, validating the customers interest in this unique metaphysical play;” said Prince Thomas, Co-founder & CEO of MetaShot. “Our vision for MetaShot is to become a platform that offers a diverse range of games, seamlessly merging the physical and virtual world. We thank Sauce.vc, Sharrp Ventures and Panthera Peak Capital for their confidence and commitment to supporting our vision and growth.”

About MetaShot

Founded in 2021 by Prince Thomas, Ranjit Kumar Behera, and Ajith Sunny, MetaShot is redefining console gaming by integrating physical and virtual experiences through its homegrown technology.

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