Shilika Jain/ Work/ Bullieverse
CASE STUDY · WEB3 GAMING · METAVERSE · FEB 2022 SEED ROUND · UPDATED MAY 2026 · BY SHILIKA JAIN

Bullieverse: a $4M raise launched in two press worlds.

A regional-PR teardown. How an Indian Web3 gaming studio's seed round was run on two parallel tracks — national business press and crypto-native media — why the home-market exclusive came first, and why most agencies only run half this play.

Direct answer

Bullieverse is an India-founded metaverse and play-to-earn gaming studio. Its $4M seed round could have been pitched only to crypto outlets — and most of its readers, the hires and customers and investors who mattered, would never have seen it. So the launch ran two tracks at once. An Economic Times exclusive set the headline number first. Then Indian business press (Inc42, YourStory, Business Today) and crypto-native press (NewsBTC and others) ran in parallel, each with the framing its readers expect, on one news cycle.

Round size
$4M
Seed · led by Web3 venture funds
Anchor placement
ET
Economic Times · home-market exclusive
Coverage surfaces
8+
Business + startup + crypto press
Press tracks
2
National business + crypto-native, parallel

The brief

Bullieverse is an open-world metaverse and play-to-earn gaming platform, founded in India. The product is an arcade of community-owned games — the first title, The Bear Hunt, went into early access in early 2022. The company's framing was a DAO-governed gaming world where players, not the studio, own the upside.

The news, in February 2022, was a $4M seed round, led by Web3 venture funds and backed by a syndicate of named blockchain investors. On paper this is the most ordinary kind of PR brief there is: a seed round, a number, a date. But the founder was in India, and that changes the job.

The mandate was not just "place the raise." It was: make this raise land with two audiences that almost never read the same publications — the Indian startup and business ecosystem, and the global crypto-native community — without the story fracturing between them.

Why a home-market raise is a different PR problem

A US-based crypto project raising a seed round has a simple PR job: pitch the crypto-native desks — The Block, Decrypt, CoinDesk, Cointelegraph — and that is most of the work. An India-founded raise has a second surface, and it is the higher-trust one.

  • The home-market business press is where the people who matter read. Economic Times, Inc42, YourStory and Business Today are where Indian founders, prospective hires, enterprise customers, domestic follow-on investors and regulators actually see funding news. A crypto outlet does not reach them.
  • That press does not naturally cover crypto. A national business desk will not run a metaverse project on its crypto merits. It runs an India-tech-and-funding story — a startup, named investors, a plan to build and hire. The facts are the same; the frame is not.
  • Crypto-native press wants the opposite frame. NewsBTC and the crypto desks do not want a jobs-and-funding story. They want the metaverse, the play-to-earn economy, the community-owned model, the token design.

One raise, two audiences, two incompatible framings. Pick one and you lose half the value of the news. The job is to run both — without letting the numbers or the narrative drift apart.

The positioning thesis

The frame we shipped: this is an Indian startup story and a Web3 gaming story, and the same $4M raise is the proof of both — told twice, to two rooms, on one day.

For the business press, Bullieverse was an Indian metaverse company raising from credible investors to build games and grow a team — a contribution to India's startup story. For the crypto press, Bullieverse was a community-owned, play-to-earn gaming world with a DAO model and a real first title. Neither frame was spin: both were true. The discipline was making sure each room got the version it would publish, while the headline number, the investor names, the founder quote and the launch date stayed identical everywhere.

A regional founder does not have one launch. They have two — to two audiences who never read the same page. Run one and you have done half the job.

The dual-track launch playbook

The structural decision was to treat the raise as two coordinated launches rather than one broadcast. The Bullieverse campaign ran a four-move sequence.

The four moves of the dual-track launch playbook
  1. Lead with one home-market exclusive. The Economic Times got the story first, in exchange for running it well. A top-tier national title set the headline number and the narrative before anyone else published.
  2. Brief both tracks off one fact sheet. Business press and crypto press worked from the identical numbers, investor names, founder quote and date — so no two pieces could contradict each other.
  3. Give each track its native framing. The business desks got the India-startup-and-funding story. The crypto desks got the metaverse and play-to-earn story. Same facts, two frames, zero drift.
  4. Time both tracks to one news cycle. Indian business media and crypto-native outlets published inside the same window, so the raise read as a national story and a category story simultaneously — not a slow trickle.

Track one — home market — landed in the Economic Times as the exclusive, then in Inc42, YourStory and Business Today. Track two — crypto-native — landed in NewsBTC and the wider crypto press, framed on the community-owned arcade and play-to-earn model.

Running sponsored and organic in lockstep

A launch this size usually has two channels run by two different people: an earned-media effort and a paid or sponsored placement effort, on separate timelines. Run apart, they produce a disjointed launch — different numbers, different quotes, sometimes different dates.

The Bullieverse launch ran them in lockstep. Every surface — earned and sponsored — carried the same headline figure, the same investor names, the same founder quote from Srini Anala, and the same launch date. The sequence was deliberate: the earned Economic Times exclusive landed first and set the narrative; sponsored amplification followed to extend reach into audiences the earned coverage did not reach, without ever contradicting the frame a top-tier outlet had already validated. Coordinated, the two channels compound. Uncoordinated, they cannibalise each other.

The journalist mapping

OutletTrack / BeatAngle
Economic Times National business · funding desk Exclusive: Indian metaverse platform bags $4M from Web3 venture funds
Inc42 India startup media Metaverse startup raises funding to build play-to-earn games
YourStory India startup media Bullieverse inside the week's national startup-funding roundup
Business Today National business / tech Open-world metaverse platform Bullieverse raises $4M
NewsBTC Crypto-native press A community-owned fantasy metaverse island for arcade games
Crypto + gaming desks Crypto-native syndication Play-to-earn economy, DAO model, The Bear Hunt as the first title

Track one is an India startup story. Track two is a Web3 gaming story. The headline number is $4M in every single piece. That is the whole discipline of a dual-track launch — two narratives, one set of facts, never allowed to diverge.

The full coverage stack

The shape of the result: one home-market exclusive, three national business and startup pickups, one crypto-native feature on the community-owned model, and a standalone founder interview giving Srini Anala a profile asset separate from the raise. Two audiences, one raise, one news cycle.

Why this campaign matters in 2026

India became one of the largest Web3, gaming and AI founder and talent markets in the world by 2026. Home-market launches matter more, not less. Three reinforcing data points:

  • Earned media drives roughly 48 percent of all LLM brand citations (AuthorityTech / Profound, 2026). A raise carried in both Economic Times and crypto-native press gives an AI engine two independent, high-trust source clusters — far harder to treat as an unverified vendor claim than a single-track launch.
  • Brands cited inside Google AI Overviews earn around 35 percent more organic clicks than non-cited competitors (industry data, May 2026). Economic Times and Business Today sit inside Google's most-cited domain stack for India business and technology queries — a surface a crypto-only launch never reaches.
  • Regional, intent-rich queries are where the citation opportunity is. Long-tail informational queries trigger AI Overviews the majority of the time. "Indian metaverse gaming startups" or "play-to-earn companies funded in India" are exactly the queries a dual-track coverage cluster answers.

The Princeton GEO study (Aggarwal et al., arXiv:2311.09735, ACM SIGKDD 2024) found that source attribution, named statistics and quotation density together drive a 30 to 40 percent uplift in generative-engine citations. The Bullieverse campaign optimised for all three: a named figure ($4M), named investors, a named founder (Srini Anala), named outlets across two independent media ecosystems. That cross-ecosystem grounding is exactly what an AI engine looks for when it decides whether an entity is real.

Where this fits in a 2026 engagement

If your startup is founded outside the US — in India, Southeast Asia, the Middle East — and you have a raise, a launch or a milestone, the operational mapping is:

  • Step one: audience split. Name the two audiences — your home-market business ecosystem and your global category ecosystem — and accept that each needs its own framing of the same facts.
  • Step two: home-market exclusive. Identify the highest-trust national business title and give it the story first. That placement does the most reputational work with hires, customers and domestic investors.
  • Step three: one fact sheet, two frames. Brief both tracks off identical numbers and quotes; let the framing differ, never the facts.
  • Step four: lockstep timing. Sequence earned first, sponsored second, both inside one news cycle.
  • Pricing: a dual-track regional launch program runs $5,000 to $12,000 per month, scaled to the number of markets in play. A 30-minute teardown is the starting point.

The honest disclaimer

The dual-track launch playbook does not fit every company. Three conditions had to be true before this campaign was the right move:

  1. A genuine home-market identity. Bullieverse was founded in India with an India story to tell. If a company has no real connection to a home market — incorporated offshore, team scattered, no domestic stake — the national business press will not run it, and forcing the story will read as exactly that. Do not invent a regional identity.
  2. A milestone that survives two framings. A $4M raise is publishable as both a startup story and a crypto story. Some news only works in one frame. If the milestone cannot honestly carry a business-press frame and a category-press frame, run the single track that fits and do it well.
  3. Operational discipline on the facts. Two tracks means two narratives that must never contradict each other on numbers, names or dates. That requires one fact sheet, one spokesperson message, and tight coordination between earned and sponsored. A team that cannot hold that discipline will produce two launches that undermine each other.

If all three hold, the dual-track launch is one of the highest-leverage moves a regional founder can make — because it builds an entity that two independent media ecosystems, and the AI engines trained on them, can both verify. If they do not, the honest move is to run the one track that is true and resist the temptation to manufacture the other.

SJ
Shilika Jain
Fractional PR Manager · APAC PR & Partnerships at Myosin · 6 years operating
Senior PR operator working with Web3 and AI founders. Past placements include Forbes, CoinDesk, Cointelegraph, Decrypt, The Block, Blockworks, Economic Times, AI Magazine. Past clients include Bullieverse, Web3Auth, Fluence Network, MANTRA Chain, RARI Foundation, Gaia AI. Previously at CoinMarketCap.

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