Poovayya & Co advised Metashot ("Gillidanda Tech Private Limited”) on raising ₹11 crore from an early stage funding round which was led by Sauce VC and saw participation from Sharrp Ventures and Panthera Peak Capital.
The firm's transaction team was led by Siddhartha George (Partner), with support from Neytra Nayak (Senior Associate) and Shagun Singh (Associate).
The fresh capital will be utilised to expand the company's team, boost research and development, drive growth, and enhance brand building. MetaShot has expanded its presence in the Middle East and is now eyeing an entry into the US market. The company also projects a 5X revenue growth from the last financial ye
The Bengaluru-based gaming startup, founded by Ajith Sunny, Ranjit Behera, and Prince Thomas. It offers a mixed-reality cricket gaming experience. Players use a sensor-equipped smart bat to physically swing and hit shots, with the action mirrored on a TV screen via a connected mobile phone. The MetaShot app enables gameplay with others globally. The company focuses on bringing a console-like gaming experience to a wider audience through accessible technology.
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