In FY25, String Metaverse reported revenues of ₹400 crore and a net profit of ₹35 crore.
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String Metaverse, a Web3 infrastructure and gaming company, has crossed a market capitalisation of ₹2,000 crore, cementing its status as the first global Web3 enterprise to be listed on the BSE.
The valuation underscores the company’s fundamentals, scalable revenue model and growing investor confidence in its long-term prospects of the company.
In FY25, String Metaverse reported revenues of ₹400 crore and a net profit of ₹35 crore. With a targeted net profit CAGR of 100 per cent over the next three years, the company is positioned for a strong growth.
Fueling this momentum, the company’s stock has hit the upper circuit for over 50 consecutive trading sessions.
The company recently concluded rights issue to raise ₹49.25 crore. The funds will support expansion into Web3 gaming infrastructure, global digital payment systems and the scaling of low-operational-cost, high-margin business models.
The company has also secured a FINTRAC license in Canada, enabling the launch of programmable digital money infrastructure and crypto-linked debit card solutions.
The offering will serve the global Web3 gaming community with seamless cross-border payments and financial integration, further positioning String Metaverse as a bridge between decentralised ecosystems and traditional finance.
Santosh Althuru, CEO, String Metaverse said the company is building the rails that connect digital assets and the gaming universe with traditional financial infrastructure.
The future of payments is programmable, seamless and community-owned, he added.
With over 4 million users and a bold vision to democratise access to digital financial services through Web3, String Metaverse is at the forefront of a rapidly evolving digital economy — both in India and globally.
Shares of the company were up 5 per cent at ₹292 on Tuesday.
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Published on July 22, 2025
