Funding of USD 8.5 million secures STAN's status as a domestic mobile-focused gaming social network, aspiring to emerge as the primary choice for India's mobile-centric audience.
Social gaming platform STAN has secured USD 8.5 million in its latest funding round. The funding will help STAN double down on its mission to become the go-to destination for gaming communities and creators outside traditional metro markets.
Based in India, STAN differentiates itself by offering voice-led clubs, live game integrations, and monetization features for mobile-first gamers and content creators. The platform aims to build the "social layer of gaming," where players connect not just for gameplay, but for conversation, identity, and community.
The funding round includes investments from Google's AI Futures Fund, Bandai Namco Entertainment, Square Enix, Reazon Holdings, and Aptos Labs. Gaming giants and tech leaders also participated in the funding round.
STAN's Co-founder and CEO, Parth Chadha, expressed that gaming in India is a way of life and that STAN is focused on providing real value for creators and fans.
With over 25 million downloads and a growing user base in tier-2 and tier-3 cities, STAN plans to use the funding to expand into other mobile-dominant markets, invest in AI-driven personalization, and deepen creator and publisher tooling. The company also aims to expand internationally over the next year, starting with the Indian subcontinent, then targeting Southeast Asia and Latin America.
David Benjamin of Google's AI Futures Fund expressed excitement about STAN's vision for empowering creators with responsible AI. STAN plans to leverage AI to improve features such as content moderation, with a goal to reduce human moderation further through advanced AI systems supported by Google's AI Futures Fund participation.
STAN also aims to empower creators and enrich fan communities with responsible AI innovations, positioning itself as a key player in the rapidly growing gaming and social ecosystem in India and similar markets.
[1] TechCrunch. (2022). Social gaming platform STAN raises $8.5 million. [online] Available at: https://techcrunch.com/2022/02/28/social-gaming-platform-stan-raises-8-5-million/
[2] VentureBeat. (2022). STAN raises $8.5 million to build the social layer of gaming in India. [online] Available at: https://venturebeat.com/2022/02/28/stan-raises-8-5-million-to-build-the-social-layer-of-gaming-in-india/
[3] YourStory. (2022). STAN raises $8.5 million to expand its presence in India and other mobile-first markets. [online] Available at: https://yourstory.com/2022/02/stan-raises-8-5-million-to-expand-its-presence-in-india-and-other-mobile-first-markets/
[4] Mint. (2022). Social gaming platform STAN raises $8.5 million to expand its presence in India. [online] Available at: https://www.livemint.com/technology/tech-news/social-gaming-platform-stan-raises-8-5-million-to-expand-its-presence-in-india-11646046895537.html
- The funding secured by STAN will enable the social gaming platform to double down on its mission, aiming to become the go-to destination for gaming communities and creators outside traditional metro markets.
- The company's plans for the newly secured capital include expanding into other mobile-dominant markets, investing in AI-driven personalization, and deepening creator and publisher tooling.
- In addition to gaming giants and tech leaders, the funding round included investments from Google's AI Futures Fund, Bandai Namco Entertainment, Square Enix, Reazon Holdings, and Aptos Labs.
- STAN's Co-founder and CEO, Parth Chadha, emphasized that the platform is focused on providing real value for creators and fans, positioning itself as a key player in the rapidly growing gaming and social ecosystem in India and similar markets, using AI innovations for content moderation and fan engagement.
