Kratos Studios announced it has raised $20 million at a valuation of $150 million, and it has acquired IndiGG.
The seed round was led by Accel, with participation from Prosus Ventures, Courtside Ventures, Nexus Venture Partners, Nazara and others.
Game veterans Manish Agarwal and Ishank Gupta started the Bengaluru, India-based Kratos. They are building a Web3 gaming decentralized autonomous organization (DAO) under the IndiGG brand which they have also acquired through a token swap. The funding will enable them to build distribution rails in emerging markets for global Web3 games.
