1312 Interactive Raises $1 Million in Pre-Seed Funding
1312 Interactive, a Hyderabad-based PC and console game publishing studio, has successfully raised $1 million in a pre-seed funding round. The company specializes in collaborating with indie developers, supporting them from the initial concept phase through to the launch and beyond.
Investors and Leadership
The funding round saw participation from a group of individual investors, including Akshat Rathee, Gautam Virk, Rajat Ojha, Tanay Tayal, Rick Herman, Sridhar Muppidi, and Vatsal Chintalpati. The company, co-founded by Deepak Gamescom, aims to utilize these funds to further its mission of empowering indie game developers.
Strategic Use of Funds
While specific plans for the use of the $1 million were not detailed, the investment is expected to enhance 1312 Interactive’s capabilities in supporting indie developers. The funds will likely be directed towards expanding their publishing operations and potentially increasing their marketing and partnership efforts.
Location and Operations
The company is based in Hyderabad, India, a city known for its growing tech scene. This location provides a strategic advantage for tapping into both local talent and the broader global gaming market.
1312 Interactive continues to build on its vision of supporting indie developers, ensuring they have the resources and guidance needed to bring innovative games to market. This funding round marks a significant step towards achieving that goal.