Chimera co-leads ARC's pre-seed round
Chimera has co-led ARC's ₹10.5 Crore pre-seed round with MIXI Global Investments and Dhruv Vohra. Founded by Jobin Joseph and Kaustubh K. Jadhav, ARC is building ARC X1, a handheld that pairs mobile's accessibility with the depth of PC and console. Over 50,000 have already joined the waitlist.
Chimera VC is excited to announce our investment in ARC. We're proud to have co-led ARC's ₹10.5 Crore pre-seed round, alongside MIXI Global Investments, with participation from Dhruv Vohra.
Founded by Jobin Joseph and Kaustubh K. Jadhav, ARC is building ARC X1, a new gaming experience that brings together the accessibility of mobile gaming with the depth of PC and console gaming. With 50,000+ waitlist sign-ups already, the product has built strong early interest ahead of launch.
Why we backed them
No global brand has cracked affordable, immersive hardware for one of the largest player bases on earth. Hardware is the hardest kind of distribution to build, and the custom OS layer is a moat that outlasts any single device. We're excited to support the team as they take ARC X1 from development to the hands of gamers across India and beyond.
Welcome to the Chimera portfolio, ARC.
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