Esports gaming platform Gamerji has raised $1.1 million in a pre-Series A round led by Unicorn India Ventures. The round also saw participation from Stadia Ventures, the Urmin Group family office, and existing investors.
Gamerji plans to use the new funds to improve tournament hosting technology, create social features for gamers, and expand to the MENA region and Southeast Asia.
Founded in 2019 by gaming expert and serial entrepreneur Soham Thacker, GamerJi is an esports tournament platform where users can play tournaments of their favorite games, organize matches, communicate, share content and win prizes. price.
Based in Ahmedabad, the company has consolidated procedures such as registrations, player management and payments, making it a one-stop platform for esports tournaments.
A growing number of young video gamers see competitive gaming as a career opportunity, rather than just a recreational activity. Gamers today need platforms that can give them competitive exposure to help them on their esports journey and hone their skills. Gamerji believes in bridging the gap between amateur and professional level players through their tournaments, he said in a press release.
Gamerji currently serves 2.3 million Indian gamers and has hosted over 29,000 tournaments to date. Since the Seed round in December 2020, Gamerji has multiplied its user base by 3 times and organizes more than 200 tournaments every day for more than 15 titles.
The company plans to be the first stop for all aspiring gamers to start their esports journey by hosting tournaments and plans to gain over 5 million users in India, while expanding its tournament services in the region. MENA and SEA in 2022.
Bhaskar Majumdar, Managing Partner, Unicorn India Ventures, said, “India’s gaming industry is finally coming of age as the government sets up the AVGC hub in Bangalore and in the context of the metaverse and Web 3.0. Esports is experiencing the fastest growth in the overall gaming market. Gamerji has demonstrated this thesis well given their growth figures. We continue to share the company’s vision and support it as it seeks to expand into other international geographies.
Soham Thacker, Founder and CEO of Gamerji, said, “At Gamerji, we strive to provide gamers with a platform to begin their esports journey by participating in daily competitive tournaments, growing their stats and having a chance. to find a place in the world. gaming world. Esports is still in its infancy in India and there is a lot of talent to explore. Gamerji intends to be a platform of choice where gamers can showcase their skills, grow their stats, and grow the community.
Valay Patel, CTO, Gamerji, said, “Over the past 12 months, we’ve added 1.7 million users, hosted over 21,000 tournaments, launched tournament IPs in Gamerji Community Challenge and College Gaming League. We will use the new funds to enhance our product experience with technology innovations and upgrade infrastructure to serve the next set of 7-8 million users while expanding the platform to other strategic territories.”
Gamerji launched its new version in November 2021 with features like enhanced profile, game stats, community building, esports content, and college leagues.
According to a recent report by the All India Gaming Federation in 2020, there were 365 million online gamers in the country, with the number expected to reach 510 million by 2022, with a corresponding growth in female gamers.
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Published on: Monday 07 March 2022, 12:11 PM IST