Bengaluru gaming startup ARC raised ₹10.5 crore in a pre-seed funding round

Gaming technology startup ARC raised ₹10.5 crore in pre-seed funding led by Chimaera VC and MIXI Global Investments. The company said it will use the capital to accelerate development and commercialisation of its portable gaming console ARC X1 and expand work on its proprietary gaming OS, OWL OS, including hardware engineering, product validation, manufacturing readiness, supply chain and go-to-market efforts.