Bengaluru-based console gaming start-up Gillidanda Tech, which runs the gaming brand MetaShot, has secured Rs 2 crore in funding from KITVEN Fund. This investment was made through convertible debt by the Karnataka Information Technology Venture Capital Fund (KITVEN), which is the state government’s Alternative Investment Fund.
The newly raised capital will help MetaShot scale up its operations and expand into new markets.
MetaShot is best known for its flagship product, the MetaShot Smart Bat. This bat uses motion tracking to capture real cricket shots in real time and connects them to gameplay inside the MetaShot app. The company aims to create a broader gaming platform that combines physical movement with digital sports games.
P V Harikrishnan, CEO of KITVEN, praised the company’s innovation and its strong roots in Karnataka. He noted that MetaShot is entirely India-made, with all manufacturing and assembly done locally in Bengaluru.
The investment comes from KITVEN 4 AVGC, a Rs 20 crore fund focused on Animation, Visual Effects, Gaming, and Comics. This fund is backed by the Department of IT, BT & ST, Government of Karnataka, with support from other government institutions.
Prince Thomas, Co-founder of MetaShot, said the journey from receiving the Elevate grant in the early days to now securing growth-stage funding from KITVEN has been incredibly encouraging.
MetaShot was founded in 2021 by Prince Thomas, Ranjit Kumar Behera, and Ajith Sunny. The company began selling its Smart Bat in August 2023. Earlier in January 2025, MetaShot also raised funding from Sauce.vc, Sharrp Ventures, and Panthera Peak.
Over the past year, the MetaShot app has recorded over 1 million games played. The company has also partnered with major brands such as Britannia, Wrogn, and Tata Capital. Following successful launches in the USA and UAE, MetaShot now plans to expand to more international markets.
For more updates on gaming start-ups and tech innovations, follow Gaming Moves on Instagram and Facebook.
