Friday, Jan 27 2023 | Time 16:07 Hrs(IST)
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Business Economy


Gamerji raises USD 3 mn in Pre-series

Mumbai, Nov 30 (UNI) India’s leading e-sports tournament platform Gamerji has raised $3 million in a Pre-Series A round from GVFL (formerly Gujarat Venture Finance Ltd) and Unicorn India Ventures, which has backed Gamerji from its early stages.
The funds will be used for growing the platform in recently launched international markets within the MENA region along with launch plans for SEA starting with Indonesia and the Philippines.
The company also plans to use these funds towards developing tech solutions and EaaS (E-sports as a service) to enhance the online gaming experience.
Soham Thacker, CEO and Founder, Gamerji, said: “Gaming landscape in India has changed drastically. The stakeholders and aspiring gamers are spending more time understanding the gaming industry. This has resulted in fast growth of the sector.
"Gamerji has had a head start and we have already launched in the Middle East. We are also in the process of rolling out in newer geographies and fresh infusion of capital will help us meet our growth targets ahead of timelines.”
Gamerji has raised &5 million till date in funding including this round.
Kamal Bansal, Managing Director, GVFL, said: “Gamerji is India’s leading platform for e-sports gaming tournaments and we are excited to support such a dynamic organisation.
"Gaming is one of the fastest-growing industries in India with mobile gaming dominating the sector, accounting for more than 90 per cent of it. Together, we aim to help them expand their footprint and digital presence across the globe.”
Bhaskar Majumdar, Managing Partner, Unicorn India Ventures, said: “Gamerji’s vision to provide a credible platform for amateur gamers as they aspire to become pros is a large untapped market.
"Right from the start, Soham has worked towards this mission and we have seen the merits of it resulting in Unicorn India doing 3 rounds of funding in the Company. And we continue to support Gamerji’s growth story.”
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