Blockchain startup KGeN (Kratos Gamified Engagement Network) has raised $13.5 million (around ₹119.7 crore) in a strategic funding round led by Prosus Ventures, with participation from Jump Crypto and Accel.
The latest funding brings the company’s total capital raised to over $43.5 million to date.
The newly infused funds will be used to scale KGeN’s verified user distribution layer, expand global partnerships, and strengthen its blockchain infrastructure that supports AI, DeFi, and gaming ecosystems.
The company also plans to deepen its presence across international markets while enhancing its on-chain engagement and commerce capabilities.
Founded in 2013 by Manish Agarwal (former CEO of Nazara Technologies), Ishank Gupta, and Ritesh Arora, KGeN has built a blockchain-based, verifiable distribution network designed to authenticate real users across digital ecosystems.
KGeN enables clients in AI, gaming, and DeFi sectors to identify, acquire, and monetise genuine users through decentralised storefronts and campaign tools that reduce acquisition costs and improve lifetime value.
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Its flagship product, K-Store, provides on-chain storefronts and engagement tools for retention and monetisation.
As of August 2025, the company boasts 3.9 crore registered users, 61.4 lakh monthly active users, and 7.8 lakh daily active users, generating an annualised revenue of $48.3 million. Operating across 60+ markets with 200+ active partnerships, KGeN sits at the intersection of blockchain, AI, and consumer technology.
