Strengthens STAN's position as a domestic mobile gaming social network, designed for India's mobile-first audience, with an aim to establish itself as the primary choice for users. The company successfully secured USD 8.5M in funding.
Staff India is proud to announce that social gaming platform STAN has secured $8.5 million in its latest funding round. With over 25 million downloads and a growing user base in tier-2 and tier-3 cities, STAN is set to strengthen and expand its position as a mobile-first social gaming platform tailored for India's large and growing mobile gamer base.
The funding round was backed by a mix of global investors, gaming giants, and tech leaders. Notable participants include Aptos Labs, General Catalyst, GFR Fund, T-Accelerate Capital, Pix Capital, Reazon Holdings, Square Enix, Bandai Namco Entertainment, and Google’s AI Futures Fund.
David Benjamin of Google’s AI Futures Fund expressed excitement about supporting STAN’s journey, as their vision for empowering creators with responsible AI aligns deeply with their mission.
Parth Chadha, Co-founder and CEO of STAN, stated that gaming in India is a way of life and that STAN has been built around this insight, focusing on real value for creators and fans. STAN offers voice-led clubs, live game integrations, and monetization features including shoutouts, subscriptions, and branded activations.
The fresh capital will be used to expand into other mobile-dominant markets beyond India, enhance AI-driven personalization capabilities, develop deeper tools for creators and publishers, and continue supporting features like in-app social currency ("Gems") which users earn through gameplay and redeem on various e-commerce platforms.
STAN aims to become the go-to destination for gaming communities and creators outside traditional metro markets, rivalling platforms like Discord by uniquely combining gameplay rewards, social interaction, and creator monetization in a mobile-first environment. The funding thus supports doubling down on their mission to empower creators and fans through AI-powered, mobile-centric gaming communities.
STAN is building a "social layer of gaming," where players connect for conversation, identity, and community. With the support of its investors, STAN is poised to revolutionize the gaming landscape in India and beyond.
- The funding round for STAN was backed by a mix of global investors, gaming giants, and tech leaders, such as Aptos Labs, General Catalyst, GFR Fund, T-Accelerate Capital, Pix Capital, Reazon Holdings, Square Enix, Bandai Namco Entertainment, and Google’s AI Futures Fund.
- David Benjamin of Google’s AI Futures Fund expressed excitement about supporting STAN’s journey, as their vision for empowering creators with responsible AI aligns deeply with their mission.
- Parth Chadha, Co-founder and CEO of STAN, stated that gaming in India is a way of life and that STAN has been built around this insight, focusing on real value for creators and fans.
- The fresh capital will be used to expand into other mobile-dominant markets beyond India, enhance AI-driven personalization capabilities, develop deeper tools for creators and publishers, and continue supporting features like in-app social currency ("Gems") which users earn through gameplay and redeem on various e-commerce platforms.
