₹10.5 crore pre-seed co-led by Chimera VC and MIXI Global Investments, the venture arm of the Japanese company behind Monster Strike, with Meta APAC director Dhruv Vohra investing personally.
The ARC X1 is an ARM-based handheld powered by Qualcomm, running OWL OS, an AOSP fork, targeted below $300 and assembled in Bengaluru and Chennai.
ARM makes the ₹25,000 price possible but makes PC-game compatibility hard, since PC titles are x86 binaries. ARC has not said how it bridges that gap.
Roughly 2.5 lakh handhelds are imported into India annually through grey-market channels, which is stronger evidence of demand than the company's 50,000 free waitlist sign-ups.
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