Indian game veterans start Kratos Games Network
Kratos Studios, the owner of the IndiGG intellectual property, announced the Kratos Games Network as a program that will allocate grants to new gaming studios in India and other emerging markets.
The program will allocate INR 50 cr, or $5 million to $6 million, towards gaming studios. And the company will aim to target the first set of 10 to 15 studios by March 2024.
Manish Agarwal, founder of Kratos Studios, said in a statement, “Kratos Studios stands for the gamer community. This initiative will bring high quality games and hence more gamers to blockchain gaming. We are on our way to becoming the largest network of gamers on the blockchain, globally.”
Agarwal helped jumpstart India’s nascent gaming ecosystem 15 years ago. He was the CEO of Nazara, which was India’s first and only publicly listed gaming company.
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Ishank Gupta has operated and advised consumer firms in China, the UK, South Africa, and India. During his stints with marquee global companies like AB InBev & BCG he has built and led cross-functional and diverse teams. He actively invests in early-stage ventures focused on consumer and blockchain.
Kratos has already enabled monetization, amounting to INR 5 crore, and it expects to see a 100 times increase in the number of gamers with this move.
The Kratos Games Network will extend the grants to Web2 gaming development studios and will help transition their games to blockchain gaming. The program aims to build a strong game developer community across the world and create a pipeline of the top games
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