Indian social gaming platform STAN secures $8.5 million in funding from Google and prominent Japanese gaming companies
Indian Social Gaming Platform STAN Raises $8.5 Million in Funding Round
Indian social gaming platform STAN has announced that it has raised $8.5 million in a new funding round. The funding round saw participation from a number of notable investors, including Bandai Namco Entertainment INC., Square Enix, Reazon Holdings, Google's AI Futures Fund, Aptos Labs, General Catalyst, GFR Fund, T-Accelerate Capital, and Pix Capital.
STAN's Co-founder & CEO, Parth Chadha, stated that the company was built with India at the core and the user at the center. He went on to say that gaming is identity, conversation, and community for STAN. The funds raised will be used to expand STAN's presence in India and other mobile-dominant markets.
STAN has grown significantly in the last two years, with a 25x increase in user base through product-led growth. The platform offers publishers native distribution powered by creator engagement, and enables creators to build and monetise communities through shoutouts, subscriptions, and brand-led activations.
In addition to this, STAN will be launching new integrations for publishers and partners looking to build inside gaming-led communities. The company's vision includes the use of innovative and responsible AI features to enhance the user experience.
David Benjamin, Co-Founder of AI Futures Fund, Google, expressed his excitement about STAN's vision for empowering creators and enriching fan communities. AI Futures Fund, Google, has welcomed STAN and plans to collaborate closely to help bring their innovative ideas to life.
STAN's growth is primarily through product-led growth, not mentioned in earlier bullet points. No new facts about funding, expansions, or integrations were mentioned in this paragraph. There are no publicly disclosed details identifying additional investors not mentioned in the latest financing round of STAN but who presumably attended the event based on the available search results.
Every product decision made by STAN is grounded in what drives real value for creators and communities. STAN's vision for gaming includes identity, conversation, and community, and the company is committed to using AI responsibly to enhance the user experience.
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