nCORE Games announces a Series A funding round of $10 million to expand their gaming properties into the Metaverse and NFT space. Global leaders in interactive media and blockchain, Galaxy Interactive and Animoca Brands, co-led the round, with Polygon and HyperEdge also participating.
Vishal Gondal and Dayanidhi M G, both veterans of the game industry, co-founded the company in 2019. Dayanidhi has decades of expertise overseeing 100+ games in all genres and scaling up game studios like RockYou and Digital Chocolate, while Gondal is a serial entrepreneur whose last gaming company, Indiagames, was sold to Disney as one of the country’s largest gaming start-up exits.
Animoca Brands is a global leader in gamification and blockchain, with a portfolio of over 150 investments in NFT-related companies and decentralised initiatives contributing to the open metaverse’s development.
Kanwaljit Bombra, CEO/President of nCORE Global said “With the establishment of this partnership, we are looking forward to seeing the brightest talent in India collaborate with the stalwarts of the global gaming ecosystem to take nCore to unprecedented levels of success within the Indian gaming industry and beyond.”
Dayanidhi MG, CEO of Studio nCORE said “We at nCore have a strong pedigree in the gaming business having built large studios over the last two decades. We take bold steps, do first of kind games from India, FAU-G being the first step. We are excited to embrace the emerging trends and technologies in the company of global leaders and highly successful funds, companies and veterans to take nCore to the next level with exponential growth.