Funding · Consumer Internet & Media
Metasports Interactive gets $20M UA funding from Metica
By Startup Enthusiast ·
- Date
- Company
- Metasports Interactive
- What it does
- Mobile-first competitive sports gaming
- Kind
- Funding
- Amount
- $20M
- Stage
- venture
What they do
Metasports Interactive makes mobile sports games, led by Hitwicket
What happened
It raised $20M in user acquisition funding from London-based Metica
Why it matters
The non-dilutive deal is among the first for an Indian gaming company
The details
- Metasports Interactive secured $20 million in user acquisition (UA) funding from Metica, a London-based growth financing company.
- The funding is non-dilutive, meaning Metasports does not give up equity; it is repaid from future revenue.
- The money will be used to scale marketing and user acquisition for its flagship game Hitwicket.
- Metasports targets approximately 8x growth over the next 18 months.
- Growth will come from intensified marketing in priority international markets, AI-led targeting, and continued product investment.
- Metica will deploy its proprietary platform to optimise Hitwicket's in-game revenue performance.
The bigger picture
- UA funding is a performance-led growth model popular in the US, Europe, and Southeast Asia.
- Metasports Interactive is among the first Indian gaming companies to access structured UA funding.
- The deal signals a shift where Indian gaming companies attract global investors with alternative financing.
About the business
- Metasports Interactive is a mobile-first competitive sports gaming company.
- Its flagship title is Hitwicket, a competitive multi-player cricket game launched in 2020.
- Hitwicket has over 18 million users across 109 countries.
- The company focuses on user acquisition and in-game revenue optimisation.
What happens next
- Scale marketing and user acquisition for Hitwicket.
- Achieve approximately 8x growth over the next 18 months.
- Intensify marketing in priority international markets.
- Use AI-led targeting and continued product investment.
- Work with Metica to optimise in-game revenue performance.
The deal
- Type
- user acquisition funding
Investors
- Metica (lead) — London-based growth financing company that provides non-dilutive user acquisition funding for gaming and consumer apps.
Founders
- Kashyap Reddy, Co-Founder and CEO
- Keerti Singh, Co-Founder
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