Startup

This Indian Gaming Startup Just Got ₹2 Crore From the Government — And It Might Be Building the Desi PlayStation

  • June 12, 2025
  • 0

Move over Sony and Xbox — a Bengaluru startup is building India’s own gaming console, and the government just backed it with crores. A gaming revolution is brewing

Share:
This Indian Gaming Startup Just Got ₹2 Crore From the Government — And It Might Be Building the Desi PlayStation

Move over Sony and Xbox — a Bengaluru startup is building India’s own gaming console, and the government just backed it with crores.

A gaming revolution is brewing in Bengaluru — and it’s not coming from Silicon Valley or Tokyo.

MetaShot, the homegrown gaming startup that no one saw coming, just raised ₹2 crore from the Karnataka Government’s Venture Capital Fund — and it’s using that money to build a console gaming experience designed for India.

You heard that right.

While everyone else is chasing mobile downloads, this bold startup is going full console — and now, it has government cash to level up.


A Console. Built in India. Funded by the State.

In a first-of-its-kind move, KITVEN Fund — Karnataka’s tech-focused investment arm — has handed over ₹2 crore to Gillidanda Tech Pvt. Ltd., the company behind MetaShot.

The money comes in as convertible debt, but the message is crystal clear: The state believes India can build its own gaming hardware.

And MetaShot? It’s planning to use that cash to:

  • Expand across Indian markets
  • Scale production
  • Build even crazier tech
  • Make gaming truly for India, by India

MetaShot: What Is It and Why Should You Care?

MetaShot isn’t another mobile game or NFT platform.

It’s a real, physical gaming console, focused on:

  • Motion-based gameplay
  • Made-in-India tech
  • Indian price points
  • Desi themes, global quality

It’s like Wii meets Jugaad — built for the Indian living room.

While the world focuses on digital-first, MetaShot is going back to basics — but smarter, leaner, and 100% local.


This Isn’t MetaShot’s First Rodeo — Just Its Boldest

MetaShot has been quietly racking up funding, even before the government stepped in.

Here’s the timeline:

  • 2023: Raised $400K in pre-seed from Inflection Point Ventures + gaming angels
  • Jan 2025: Raised ₹11 crore from Sauce.VC, Sharrp Ventures, and Panthera Peak Capital
  • June 2025: Now ₹2 crore more from KITVEN Fund

This takes their total to over ₹13 crore — and now with public + private money backing it, MetaShot’s on a launchpad few Indian gaming startups ever reach.


A Desi Console in a World of Global Giants? Yep, That’s the Plan.

Let’s be real — the console market is ruled by the big dogs: Sony, Microsoft, Nintendo.

But MetaShot isn’t trying to copy them.

It’s doing something smarter:

  • Building for price-sensitive Indian families
  • Offering motion gaming without a ₹50,000 price tag
  • Creating original Indian content that connects locally
  • Targeting tier-2 and tier-3 cities, not just metros

It’s not about making the next PlayStation. It’s about making India’s first console that actually makes sense for India.


Why the Government Just Said “Game On”

Karnataka’s KITVEN Fund doesn’t throw money around randomly. It backs innovation. It backs disruption.

And MetaShot fits both perfectly:

  • It’s hardware in a mobile-first country
  • It’s Indian IP in a globally dominated category
  • It’s startup grit in a sector few dare to touch

This isn’t just a cheque — it’s a stamp of validation that gaming hardware in India isn’t just possible, it’s worth betting on.


What’s Coming Next?

With fresh funds, here’s what you can expect:

  • Wider launch across India
  • Hardware upgrades + new console features
  • Original games tailored to Indian culture
  • Expansion into family entertainment + edutainment
  • Possible partnerships with game developers and influencers

The end goal? Make MetaShot India’s go-to console — not just for gamers, but for every household that wants fun, fitness, and a little competition.


Can MetaShot Actually Pull This Off?

Let’s be honest: building a gaming console in India is like trying to code a rocket with Jio data and jugaad.

But MetaShot isn’t trying to outpower Sony or Microsoft — it’s trying to outsmart them.

And with:

  • Crores in funding
  • A unique product
  • Massive demand for homegrown tech
  • And now, government support

This scrappy underdog may actually have what it takes to level up the Indian gaming industry.


Final Word: Watch This Startup Like a Hawk

Most gaming startups in India are chasing mobile downloads and ad revenue. MetaShot is chasing legacy — and building hardware in a mobile-obsessed country is as risky as it is revolutionary.

But the payoff?

If MetaShot pulls it off, it won’t just be a successful startup — it could become India’s first real gaming hardware hero.

And now that the government’s on board… the game just got serious.


Leave a Reply

Your email address will not be published. Required fields are marked *