Gillidanda Tech, a Bangalore-based console gaming startup, known for its flagship brand MetaShot, has raised ₹2 crore via convertible debt from KITVEN Fund (Karnataka Information Technology Venture Capital Fund), the Karnataka Government’s Alternative Investment Fund (AIF).
The capital will be used to drive growth and support market expansion.
Previously, MetaShot raised ₹11 crore in its seed funding round comprising of equity and debt led by Sauce.vc, along with participation from Sharrp Ventures and Panthera Peak Capital.
Founded in 2021 by Prince Thomas, Ranjit Kumar Behera, and Ajith Sunny, MetaShot is revolutionizing the gaming industry by delivering a console-like experience to a broader audience through homegrown technology, currently under a pending patent. Its flagship product, the MetaShot Smart Bat, tracks real-world cricket shots in real time, seamlessly integrating them into gameplay within the MetaShot app the company’s long-term vision is to build a platform that merges physical and virtual play across a variety of sports-based games.
The company began selling the MetaShot Smart Bat in August 2023. In January 2025, MetaShot raised funds from Sauce.vc, along with Sharrp Ventures and Panthera Peak. In the last year alone, MetaShot crossed 1 million games played on its app `and has forged key partnerships with brands such as Britannia, Wrogn, and Tata Capital. The company recently launched in the USA and UAE and is now looking to expand into other markets.
Recently, the company was also prominently featured in the Shark Tank India Season 4 trailer.
Prince Thomas, Co-founder of MetaShot, said, “I’m deeply grateful to the Government of Karnataka and the startup ecosystem that empowers companies like ours. From the early days with the Elevate grant to now partnering with KITVEN at our growth stage, the journey has been truly encouraging.”
P. V. Harikrishnan, CEO of KITVEN, said, “MetaShot exemplifies the innovation and quality emerging from Karnataka’s thriving startup ecosystem. With an entirely India-made product and localized manufacturing and assembly in Bangalore, MetaShot stands out for its quality. At KITVEN, we’re excited to partner with them and help take this innovation to the global stage.”
KITVEN 4 AVGC, an AIF with a corpus of ₹20 crore, focuses on investments in rapid growth companies catering to Animation, Visuals Effects, Gaming, Comics (AVGC) sector within the State of Karnataka. The Fund has been initiated by the Department of IT, BT & ST, Government of Karnataka and participation from other State Government firms/ institutions.
