Microgravity, a company specializing in location-based entertainment for gamers in the National Capital Region (NCR), is in the process of raising $4 million to expand its presence in key markets such as Delhi, Mumbai, Bengaluru, Chandigarh and Pune.
The company, known for crafting immersive and interactive experiences for players, will add 10 stores within two years, said Rahul Bhattacharya, founder and managing director, Microgravity.
Malabar Capital Advisors is providing advisory support for this fundraising effort, he added. Till 2020, the company had raised $2 million in seed funding.
This story is from the February 21, 2024 edition of Mint Mumbai.
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This story is from the February 21, 2024 edition of Mint Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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