Indian social gaming platform STAN raises $8.5 million in funding, with participation from Aptos Labs and others

According to TechCrunch, Indian social gaming platform STAN announced the completion of $8.5 million in equity financing, led by Google AI Futures Fund, and Japanese gaming giant Bandai Namco Square Enix、Reazon Holdings、Aptos Labs、King River Capital、General Catalyst、GFR Fund Wait for follow-up investment. The STAN platform allows users to earn in-game currency through competitive games such as PlayerUnknown's Battlegrounds Mobile; Gems” And allow creators to set up a name called“ Club” These chat rooms are channels tailored for each game on the platform. Joining these clubs requires payment of a social currency in order to receive the rewards provided by the creators; Game Experience” The company will extract commissions from these transactions. Gems can be redeemed for vouchers on major e-commerce platforms such as Amazon, PhonePe, and Flipkart. STAN has been downloaded over 25 million times in the Google Play Store and Apple App Store, with approximately 5.5 million monthly active users.