Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

Google backs Indian social gaming platform in $8.5m round

Google has invested in STAN, an Indian social gaming platform, as part of an US$8.5 million funding round.

STAN connects gamers with creators, communities, and publishers.

Though headquartered in Singapore, its app is geo-restricted to India.

Other investors in the round include Bandai Namco Entertainment, Square Enix, Reazon Holdings, Aptos Labs, King River Capital, General Catalyst, and GFR Fund.

Google participated via its AI Futures Fund, which supports startups using its AI tools.

STAN allows users to earn in-app currency by playing games and participating in activities. The currency can be redeemed for vouchers on platforms such as Amazon and Flipkart.

The platform reports over 25 million app downloads and around 5.5 million monthly active users.

Game publishers and developers pay to connect with gamers and creators on the platform.

With this funding, STAN’s total equity raised reaches about US$15 million. The company plans to expand internationally, starting with the Indian subcontinent.

🔗 Source: TechCrunch


🧠 Food for thought

1️⃣ Big tech companies are systematically positioning in gaming through specialized investment vehicles

Google’s investment in STAN through its AI Futures Fund reflects a broader strategic pattern among major technology companies targeting gaming opportunities.

Since 2012, Facebook, Apple, Microsoft, Google, and Amazon have collectively invested in or acquired nearly 40 gaming companies, with Microsoft acquiring 14 gaming companies and Google investing in 13 1.

This approach demonstrates how big tech views gaming not as isolated bets but as a critical component of their future technology ecosystems.

Google’s AI Futures Fund specifically targets startups building with its AI tools, positioning the company to benefit from AI integration across gaming experiences while supporting companies like STAN and Toonsutra [original article].

Recent Google developments

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.