Liquidnitro, founded in 2023 by Sandeep Kowdley, Krishna Dhanekula, Arun Kunchala, and Suresh Manthena, uses data, AI, and technology-driven insights to create enjoyable and engaging experiences for gamers.
Source: Entrackr
The funds will be used to establish a world-class studio, make significant AI and technology investments to accelerate production workflows, and provide live services capabilities at scale.
The startup collaborates with gaming studios and IP owners globally to help unlock growth, profitability, and expansion into new markets.
Liquidnitro Games, a Hyderabad-based live service and game development firm, has raised $5.25 million (about INR 43 crore) in a seed fundraising round headed by Nexus Venture Partners.
Liquidnitro Games intends to use the funds raised to construct a gaming studio, invest in AI and technology to improve production pipelines and provide live services at scale.
Angel investors in the round included veterans of the gaming industry from the United States, Canada, the European Union, and India.
The funds will be used to establish a world-class studio, make significant AI and technology investments to enhance production pipelines, and provide live services capabilities on a large scale, according to the business.
Liquidnitro, founded in 2023 by Sandeep Kowdley, Krishna Dhanekula, Arun Kunchala, and Suresh Manthena, uses data, artificial intelligence, and technology insights to create exciting and engaging experiences for gamers.
The startup works with gaming studios and intellectual property owners all over the world to assist them in achieving growth, profitability, and market expansion. Liquidnitro is collaborating with global gaming firms to expand its value proposition and seek new market prospects in India and elsewhere.
Kowdley stated, “Live services and game creation will look very different in the coming years, molded by new technology, AI, and unexplored growth areas. We believe that by combining our extensive gaming experience, making big technological investments, and collaborating with global game firms, we will be able to have a significant effect in the near future.”
India’s gaming industry has been gaining traction among investors for some time.
Sandhya Devananthan, Meta’s India MD, recently stated at the Meta Gaming Summit in Mumbai that the Indian gaming industry is expected to produce almost $7.5 billion in revenue and 250,000 jobs by the following year.
GameTech Accelerate – The Future of Gaming is an online gaming accelerator project that the Karnataka government launched in collaboration with Games24x7 to support the gaming industry. According to the official release, the program will mentor online gaming firms that offer ‘new and viable’ solutions.
