# nCore Games

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ncore-games

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.ncoregames.com
- Total disclosed funding: $10M
- Latest round: Series A (Jan 17, 2022)
- Investors on record: 5

## About

nCore Games is an Indian gaming studio focused on developing innovative gaming experiences that engage a diverse audience through immersive video games and advanced technology.Founded in 2018 and based in Bangalore, India, nCore Games specializes in the creation of engaging video games. The firm has successfully raised INR 750 mn in Series A funding, with notable investors such as Galaxy Interactive and Animoca Brands. The company's most recent funding round occurred on January 17, 2022, bringing its total amount raised to INR 750 mn. The co-founders, Arindam Mitra and Manohar Reddy, along with CEO Dayanidhi G, bring significant expertise to the gaming industry.nCore Games specializes in the development of innovative gaming experiences catered to a diverse audience. Their core offerings focus on immersive video games that leverage advanced technology to enhance user engagement and interactivity, addressing the demand for high-quality entertainment solutions. The company has developed various titles emphasizing rich narratives and dynamic gameplay, targeting both casual and hardcore gamers.In the most recent fiscal year, 2023, nCore Games reported a revenue of INR 10,891.70 mn, with an EBITDA of INR -1,276,696.20. The company generates revenue primarily through direct-to-consumer sales of their gaming titles, distributed via digital marketplaces and gaming platforms, with various pricing structures to accommodate different consumer segments.Following the Series A funding round in January 2022, nCore Games plans to utilize the raised INR 750 mn to support its studios in building a metaverse that will encompass multiple products. The company aims to expand its market reach into new geographic regions, although specific markets have not been detailed. The funds will aid in the development of upcoming new products, reinforcing their growth strategy to capture emerging opportunities in the gaming sector.

## Funding rounds

- Series A, Jan 17, 2022, $10M — Animoca Brands Corporation Limited, Gaingels, Galaxy Asset Management, Hyperedge Capital, Polygon

## Investors

- Animoca Brands Corporation Limited — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Series A
- Hyperedge Capital (https://capitalatlas.ai/funds/hyperedge-capital) — Series A
- Polygon — Series A