Hello iQOO Fam!

MetaShot, the Bengaluru-based console gaming startup, has secured ₹2 crore funding from Karnataka's KITVEN Fund! 💰 This convertible debt investment will fuel growth & market expansion for their cutting-edge gaming tech. 🏏⚡

🌟 What's MetaShot? Founded in 2021, MetaShot transforms gaming with its Smart Bat, tracking real-world cricket shots in real-time & integrating them into gameplay! A truly India-made innovation 🇮🇳 with a pending patent.

💡 Past Funding Rounds: ✅ ₹11 crore raised in Jan'25 (led by Sauce.VC, Sharrp Ventures & Panthera Peak Capital)

✅ $400,000 pre-seed round in 2023 (Inflection Point Ventures & angel investors)

🔹 KITVEN's Support for AVGC Startups KITVEN 4 AVGC fund (₹20 crore corpus) focuses on high-growth startups in animation, visual effects, gaming & comics in Karnataka. 📽️🎮🖌️

🗣️ Founder's Take MetaShot's co-founder, Prince Thomas, praised the Karnataka startup ecosystem for fostering their growth— from the Elevate grant to KITVEN's backing at this stage! 👏

🔥 With localized manufacturing in Bengaluru, MetaShot is poised to go global! 🌍Let's celebrate India's gaming industry moving forward! 🏆💡

Arjun Bansal

Ranger

@iQOO Connect