{"id":56026,"date":"2022-01-17T15:58:17","date_gmt":"2022-01-17T13:58:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=56026"},"modified":"2025-09-04T04:25:20","modified_gmt":"2025-09-04T01:25:20","slug":"animoca-brands-backs-indian-gaming-startup-in-10-million-round","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/animoca-brands-backs-indian-gaming-startup-in-10-million-round\/","title":{"rendered":"Animoca Brands backs Indian gaming startup in $10 million round"},"content":{"rendered":"<p>Indian gaming company nCore Games raised $10 million in a funding round led by Animoca Brands and Galaxy Interactive.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">We at nCore are excited to partner with the best in the industry with <a href=\\\"https:\/\/twitter.com\/animocabrands?ref_src=twsrc%5Etfw\\\">@animocabrands<\/a>, <a href=\\\"https:\/\/twitter.com\/glxydotgg?ref_src=twsrc%5Etfw\\\">@glxydotgg<\/a>, <a href=\\\"https:\/\/twitter.com\/0xPolygon?ref_src=twsrc%5Etfw\\\">@0xPolygon<\/a> and Hyperedge Capital to build the next range of products. Our gratitude goes to angel investors who believe in us and support in this journey.<a href=\\\"https:\/\/t.co\/YruAM8zrl8\\\">https:\/\/t.co\/YruAM8zrl8<\/a><\/p>\n<p>\u2014 nCORE Games (@nCore_games) <a href=\\\"https:\/\/twitter.com\/nCore_games\/status\/1483026230631108609?ref_src=twsrc%5Etfw\\\">January 17, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n\\n\\n<\/p>\n<p>Participants included the blockchain project Polygon, Hyperedge Capital and a number of angel investors.<\/p>\n<p>\\n\\n\\n<\/p>\n<p>The firm operates several game studios, including Studio nCore, Dot9 Games and IceSpice. Its portfolio includes multiplayer action games Fau-G and Pro Cricket Mobile.<\/p>\n<p>\\n\\n\\n<\/p>\n<p>According to co-founder Vishal Gondal, the funding is expected to be primarily used to expand the metaverse. nCore Games is also considering issuing its own tokens and NFTs. The firm intends to develop new offerings in Web 3.0.<\/p>\n<p>\\n\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u00abThis is one of our most promising investments in India, which has a large gaming market with huge growth potential,\u00bb said Yat Siu, chairman and co-founder of Animoca Brands.<\/p>\n<\/blockquote>\n<p>\\n\\n\\n<\/p>\n<p>In December, Animoca Brands <a href=\"https:\/\/u1f987.com\/en\/news\/alameda-research-and-animoca-brands-back-p2e-gaming-platform-in-6-5-million-round\">supported<\/a> the gaming blockchain company Rainmaker Games in a seed round of $6.5 million.<\/p>\n<p>\\n\\n\\n<\/p>\n<p>Follow ForkLog news on <a href=\\\"https:\/\/vk.com\/forklogcom\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">VK<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian gaming company nCore Games raised $10 million in a funding round led by Animoca Brands and Galaxy Interactive.<\/p>\n","protected":false},"author":1,"featured_media":56027,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1689,1155,1133],"class_list":["post-56026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-animoca-brands","tag-games-and-gamefi","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=56026"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56026\/revisions"}],"predecessor-version":[{"id":56028,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56026\/revisions\/56028"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/56027"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=56026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=56026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=56026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}