India-based gaming startup Kratos Studios has just raised $20 million in seed funding.
The round, which was led by Accel, has also seen the participation of Prosus Ventures, Courtside Ventures, Nexus Venture Partners and Nazara Technologies.
The valuation of the company has reached $150M following the funding round.
Project representatives have also announced the acquisition of IndiGG, a sub-DAO of Yield Guild Games DAO. The transaction was carried out through the exchange of tokens – INDI for crypto assets from Kratos.
Manish Agarwal, co-founder of the project, has said:
“The launch of the new coin will take place in 12 months.”