Private Equity Other Private Equity/Strategic Investments
Spacenet to acquire 12-15% stake in String Metaverse
Source Mint (opens in a new tab)
Spacenet Enterprises India Ltd is to acquire a 12-15% stake in Hyderabad-based String Metaverse Limited which is focused on creating Web 3 based gaming communities.
String Metaverse enables business partners to offer online gaming services, Play2Earn, Free2play that include rewarding games (Real Money Games) for every transaction covering Retail, E-commerce, Food and Beverages industries.