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ESPORTS FUNDING ROUNDS
Drake invested in esports company 100 Thieves in 2018 when it was valued at about $90 million; 3 years later, its valuation surged to $460 millionCanadian rapper Drake became a co-owner of 100 Thieves in 2018. The company's valuation grew significantly from ninety million dollars to f...- Nykaa’s strong Q1; Activate backs SarvamNykaa reported strong quarterly growth, on the back of healthy sales across its businesses. This and more in today's ETtech Top 5.
- Esports startup Stan raises $2.7 million in funding roundStan had earlier raised $2.5 million in a funding round led by US-based venture capital firm General Catalyst in May 2022, it said in a sta...
- EsportsXO raises next funding round to fuel expansion and growthFounded by Vikas Goel, Utsav Umang, and Rohit Raj, EsportsXO aims to add comprehensive value to the entire gaming ecosystem, catering to th...
- Esports industry will reset post BGMI issue, says Rooter founder Piyush Kumar“Rooter is clocking 3-4 million downloads a month and has a wide variety of game streamers. From $5 million ARR (annual recurring revenue) ...
- Big league beckons: Esporting in India fast approaches a turning pointIn February, INOX Leisure, India’s second largest multiplex chain that has presence in 71 cities, and the Esports Federation of India (ESFI...
- ETtech Deals Digest: big-ticket funding is aliveShareChat and AlphaSense were the startups that raised the biggest funding this week.
- Esports fantasy startup FanClash raises $40 million Series B roundFanClash's existing investors like Sequoia Capital and Falcon Edge also participated in the round.
- Rooter inks exclusive deal with esports team GodLikeThe partnership will provide Rooter exclusive live streaming rights for popular games like Battlegrounds Mobile India (BGMI), Free Fire, Ca...
- Loco raises $42 million in funding led by Hashed, Catamaran VenturesThe company will invest in strengthening the content side, as well as in technology development around areas like Web 3.0 and blockchain, L...
- E-sports gaming platform Gamerji raises $1.1 millionFounded in 2019 by gaming expert and serial entrepreneur Soham Thacker, GamerJi is India's leading Esports tournament platform where users ...
- Rooter picks up media rights for esports tournament organiser SkyesportsRooter, one of India’s largest game streaming platforms, has acquired the media rights for all of Skyesports’ IPs in one of the largest med...
- ETtech Deals Digest: Razorpay, Chargebee raise fundsIndia’s fast-growing fintech and digital payments sector continues to attract investors.
- Tiger mints another unicornAlso in today's ETtech Top 5 newsletter: Chargebee becomes unicorn after Tiger Global funding; Mobile Premier League buys GamingMonk in onl...
- Mobile Premier League valuation more than doubles to $945 million after $95 million fundraiseMPL claims to have over 50 games across various categories on its Android and iOS applications, and has worked with 28 game developers to p...
- EWar raises funds from IPV, JITO Angel Network & Hyderabad AngelsThe gaming startup plans to use funds for enhancing its products and technologies
- Gamezop raises Rs 32 crore funding from Bitkraft Ventures, othersOperated by Advergame Technologies, Gamezop was founded by Yashash and Gaurav Agarwal in 2015. It has 34 million monthly active users.
- Lucknow-based startup Knocksense acquires 20% stake in The Times of EsportsThe Times of Esports portal, was recently founded in April 2020 by the founder of Joss Events, Sonal Talreja
- Sports community platform Rooter raises $1.7 million in Pre-Series A roundRooter is also the only Indian Sports start-up to ever get selected by leAD Sports Accelerator amongst more than 220 companies that applied...
- Esports startup GamingMonk raises $100,000 from Japanese firmThe online gaming industry in India is expected to generate revenue of Rs 11,900 crore by FY 2023.
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