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Esports fan engagement startup STAN secures funding to help creators grow fanbase

Inc42 · 1y ago

Esports fan engagement startup STAN secures funding to help creators grow fanbase

Blockchain-based esports fan engagement startup STAN has raised $2.7 million in pre-Series A funding from new and existing investors including CoinDCX Ventures, Climber Capital, and General Catalyst. STAN plans to utilize the funds to democratize infrastructure for creators, leverage AI for community development and personalization, and collaborate with gaming legends. The Bengaluru-based platform allows creators to build and monetize communities, engage users with digital collectibles, chat rooms, and exclusive celebrity communities, and helps them grow their fanbase from day one.

Related News

How Nazara valued esports fan engagement startup STAN in strategic deal

VCCircle

VCCircle · 11m ago

How Nazara valued esports fan engagement startup STAN in strategic deal

Nazara Technologies, a gaming company, is acquiring a 15.86% stake in esports fan engagement startup STAN for $2.2 million. This secondary transaction will be carried out by Nazara's subsidiary, Nazara Technologies FZ LLC. STAN, backed by General Catalyst, focuses on engaging esports fans.

STAN bags $8.5M from Google’s AI Fund, Bandai Namco, others

YourStory

YourStory · 28d ago

STAN bags $8.5M from Google’s AI Fund, Bandai Namco, others

STAN, a mobile-native social gaming platform, raised $8.5 million from investors such as Google’s AI Futures Fund, Bandai Namco, and others. Founded in 2022, STAN targets gaming creators, publishers, and communities by offering tools for monetization and engagement. The funding will support the platform's expansion in India and other mobile-first markets, enhance AI-driven personalization, and enable new integrations. STAN claims over 25 million downloads, especially gaining traction in India’s Tier II and III markets.

Driving the creator economy, this startup lets you own a share of your favourite creator

YourStory

YourStory · 1y ago

Driving the creator economy, this startup lets you own a share of your favourite creator

Fanztar, a Gurugram-based startup, is aiming to empower creators in India and help them monetize their content. The platform allows creators to sell digital fan cards to their followers, which are linked to the creator's IP rights and future earnings. By purchasing these cards, fans gain access to royalties and virtual bonuses. Fanztar also assists brands in connecting with relevant creators for their campaigns. The platform currently has over 1,000 creators onboard and has sold around 44,000 fan cards in one year. Fanztar raised Rs 5 crore in seed funding in 2022.

Nazara acquires 15.86% stake in e-sports startup Stan for $2.2 Mn

Entrackr

Entrackr · 11m ago

Nazara acquires 15.86% stake in e-sports startup Stan for $2.2 Mn

Gaming and sports media company Nazara has acquired a 15.86% stake in Stan, a blockchain-based e-sports fan engagement startup, for an aggregate cash consideration of up to $2.2 million. Last month, Nazara Technologies acquired Fusebox Games Limited, a UK-based gaming studio for Rs 228 crore ($27.2 million) in an all-cash transaction. The current acquisition strengthens Nazara’s position in the gaming and e-sports landscape, the company said in a stock exchange filing. Founded by Chadha, Rahul Singh, Nauman Mulla, and Shubham Gupta in 2022, Stan provides a web3-based platform for creators to build, monеtisе communitiеs and allow usеrs to engage with their favourite gaming creators or celebrities through digital collectibles, chat or audio rooms, and еxclusivе cеlеbrity communities. In January this year, Stan raised $2.7 million from Aptos Labs, Maelstrom Fund and others. In May 2022, the Bengaluru-based startup raised $2.5 million in its seed round led by General Catalyst and others. With a userbase of over 12 million, the startup claims to have a turnover of $1.8 million as of March 31, 2024. Nazara’s operating revenue fell 6.06% to Rs 250 crore in Q1 FY25 from Rs 266.2 crore in Q4 FY24. E-sports formed 52.73% of the company’s total operating revenue whereas the gaming segment had a share of 37.11% followed by ad tech which accounted for 10.26% of the topline. In the past few months, Nazara has done a bunch of deals including the acquisition of Kiddopia’s developer Paper Boat Apps, buying IP rights of Ultimate Teen Patti and taking over assets of DeltiasGaming.

Startup news and updates: Daily roundup (March 3, 2025)

YourStory

YourStory · 5m ago

Startup news and updates: Daily roundup (March 3, 2025)

The article provides updates from the Indian startup ecosystem. Key highlights include Aviral Bhatnagar’s Rs 100 crore pre-seed fund and the rise in interest and funding for AI startups. SurveySparrow introduces SparrowGenie, an AI-driven tool to streamline RFP processes. Bajaj Auto leads E2W sales while Ola Electric faces layoffs. Funding news covers CredResolve's $1.1M and Arva Health's $1M rounds. Additionally, STAN collaborates with FanCraze for an engaging cricket fan experience, and Astroyogi launches a spiritual retail line, Yogii by Astroyogi.

RagaAI, three others raise early-stage funding

VCCircle

VCCircle · 1y ago

RagaAI, three others raise early-stage funding

Artificial intelligence startup RagaAI, gaming platform Stan, edtech startup Analytics Jobs, and investment platform OpiGo have secured early-stage funding. RagaAI raised $4.7 million in a seed funding round led by pi Ventures. Stan raised $2.7 million in a pre-Series A funding round, while OpiGo secured $168,342 in a pre-seed funding round. Analytics Jobs also secured an undisclosed amount in a seed funding round. The funds will be used for research and development, product development, improving technology stack, and expanding user base.

Patreon Launches New Chatroom Feature for Creators and Fans

Robots · 1y ago

Patreon Launches New Chatroom Feature for Creators and Fans

Patreon, the fan membership platform, is rolling out a chat feature that allows creators to interact directly with their fans via group messaging. Initially available to select creators, it will expand to more users in the coming months. The move provides an in-app alternative to Patreon's Discord integration, catering to creators who prefer a simpler solution without requiring fans to use another app or navigate a different platform. While Discord offers robust functionality, Patreon's chat feature aims to provide creators more control over their fan interactions within the platform.

IIT-Madras to provide funds to incubate sports-tech startups

Economic Times

Economic Times · 1y ago

IIT-Madras to provide funds to incubate sports-tech startups

IIT-Madras is offering funding of up to Rs 5 crore to support sports-tech start-ups in India. The focus will be on AI and IoT-based products, including sensors, networks, and controllers. The funding will be provided by the IIT-Madras Pravartak Technologies Foundation and the IIT Madras Centre of Excellence in Sports Science and Analytics. The areas of interest are media and entertainment, fan engagement, athlete performance enhancement, esports, sports data analytics, sports education, sports commerce, and sports communities. Interested start-ups can apply through the provided link, and the shortlisted ones will present their business during the IIT Madras Sports Technology Start-up Conclave in June. The investment support will range from Rs 10 lakh to Rs 50 lakh per start-up, based on business potential.

Business Model of YouTube Content Creators

StartupTalky

StartupTalky · 1y ago

Business Model of YouTube Content Creators

The YouTube creator economy has given rise to a diverse range of content creators who make money through various revenue streams. YouTube partners with creators to share ad revenue. Creators also earn income through brand partnerships, sponsorships, channel memberships, merchandise sales, affiliate marketing, and fan funding platforms. Building a successful YouTube business involves engaging with the audience, developing a content strategy, analyzing data, and staying updated on platform changes. Ethical considerations, such as proper disclosure of sponsored content, are important. Collaboration between creators and the rise of niche communities are trends to watch.

Physician engagement startup Doceree raises $35 million led by Creaegis

Economic Times

Economic Times · 1y ago

Physician engagement startup Doceree raises $35 million led by Creaegis

Physician engagement startup, Doceree, has secured $35 million in a Series B funding round led by Creaegis. The funding will be used to accelerate product development, enhance technologies, expand global operations, and grow the team. Doceree helps pharmaceutical and life-sciences companies and healthcare media agencies reach healthcare professionals through programmatic messaging on their networks and digital workflows.

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