The platform has raised a total of $51 million in funding, including a $42 million Series A round in 2022 led by Hashed, with participation from Makers Fund, Catamaran Ventures, and Korea Investment Partners. Investors from the company’s seed round, such as Krafton, Lumikai, and Hiro Capital, also participated in this funding round.
Tag: esports
GCPL looks at gaming and esports IPs for advertising opportunities: EXCLUSIVE
Ashwin Moorthy, Chief Marketing Officer of GCPL, spoke to Storyboard18 about the brand’s plan to invest in gaming and esports as a segment and GCPL’s marketing and advertising strategy for recently acquired RCCL products.
Saudi Arabia to host first ever Olympic Esports Games in 2025
Last year, Saudi Arabia launched an annual Esports World Cup, with the first edition currently taking place in Riyadh from July 3 to August 25.
Indian esports ecosystem slows down. Who is to blame?
In India, the esports ecosystem revolves around two major game titles, Krafton’s Battleground Mobile India (BGMI) and Riot Games’ first-person shooter (FPS) game Valorant. Valve’s Counter-Strike 2 has yet to make a significant impact.
IOC exec board proposes creation of “Olympic Esports Games” to IOC Session
The IOC is already in advanced discussions with a potential host, and an announcement can be expected very soon after the last formalities have been finalised.
Why TV and digital media companies are pursuing esports IPs?
According to experts, the biggest reason behind mainstreaming of esports is that it is now reaching a much broader and diverse audience, including those who have previously never been exposed to it.
Bollywood actor Tiger Shroff invests in Revenant Esports
Through this latest funding, Revenant Esports plans to strengthen their Esports rosters, content creators and bootcamp infrastructure.
Why is Krafton taking aim at the Indian gaming market with Road to Valor: Empires?
Global gaming major Krafton is set to launch India-specific customizations for Road to Valor: Empires, in a bid to capture a slice of India’s rapidly growing gaming market.
Need to increase visibility of women in senior positions in gaming and esports cos: Richa Singh, FanClash
Richa Singh is one of the very few women leaders in the gaming and esports space in India today. But the gender ratio has to change soon, she says.
Centre releases draft rules to regulate gaming in the country
The draft has a strong focus on code of ethics, grievance redressal mechanism, self-regulation, furnishing of information and content guidelines.