An Indie Studio is a small, independent company that creates video games, films, or other creative projects without the backing of major publishers or studios. These studios often focus on unique ideas and artistic expression, allowing them to explore innovative gameplay mechanics or storytelling techniques. Indie studios typically operate with limited budgets and smaller teams, which can lead to a more personal touch in their work. Popular examples of successful indie games include Undertale and Hollow Knight, which gained recognition for their creativity and engaging experiences despite being developed by small teams.