Gamerji, an Indian Esports platform has raised USD 1.1 million in a pre-series A round led by Unicorn India Ventures. The round also saw participation from Stadia Ventures, Urmin Group family office and existing investors, the company said on Monday.
According to the company, it is planning to use the fresh funds to enhance tournament organisation technology, build social features for the gamers and expand to MENA and Southeast Asia.
Bhaskar Majumdar, Managing Partner, Unicorn India Ventures said, “The gaming industry in India is finally coming of age as the government is setting up the AVGC hub in Bangalore and against the backdrop of metaverse and Web 3.0. ESports is growing the fastest within the overall gaming market. Gamerji has demonstrated this thesis well given their growth numbers. We continue to share the vision of the company and back them as they look to expand to other international geographies.”
Soham Thacker, Founder and CEO, Gamerji said, “At Gamerji, we strive to provide gamers with a platform to begin their Esports journey by participating in daily competitive tournaments, building their stats & stand a chance to make a mark in the gaming world. Esports is still at a very early stage in India and there is a lot of talent that needs to be explored. Gamerji intends to be a platform of choice where gamers can showcase their skills, build their stats & grow the community. We are glad to receive constant support from Unicorn India Ventures along with our other investors.’
Valay Patel, CTO, Gamerji said, “In the past 12 months, we have added 1.7 Million users, conducted over 21 thousand tournaments, launched tournaments IPs in Gamerji Community Challenge & College Gaming league. We will use the fresh funds to improve our product experience with innovations in technology and upgrade the infrastructure to serve the next set of 7 to 8 million users along with expanding the platform to other strategic territories.”