ARC raises ₹10.5Cr pre-seed for ARC X1 portable gaming console with proprietary OWL OS

Bengaluru gaming startup ARC raised ₹10.5 crore in pre-seed funding led by Chimaera VC and MIXI Global Investments to build ARC X1, a portable console with proprietary OWL OS targeting white-label gaming hardware. Gaming founders should watch ARC's approach—they're not competing with Nintendo or Steam; they're building hardware that smaller studios can white-label, creating a distribution advantage through ecosystem partnerships.

Source: Mint ↗