Global Esports Announces Multi-Million Dollar Deal In Their Seed Funding Round By Venture Catalysts
Summary
Indias gaming company Global Esports has announced a multi-million-dollar deal by raising their seed round of funding from Venture Catalysts. There has been more than $ 6 Billion in funding since 2017 into the Esports industry.A leading gaming company in India, GE is being termed as a game-changer in Esports industry in the Asian market, and this deal will help the company explore its potential and opportunities with guidance from venture capitalists and industry experts. This investment from Vcats is a move in this direction and is bringing us closer to our goal of putting India on the Esports global map. India is in its very nascent phase and we are perfectly poised to shape and mould the future of Esports in India for generations to come and we wish to really develop the space at a grassroots level in India while slowly establishing dominance in both Asia and the rest of the world.This announcement showcases the potential of the company, as it becomes one of the first Indian Esports organization to secure funding in this space.Unlike many other traditional Esports companies, GE has a very content-first approach. Whether it be in the form of Frag Movies, Highlight Reels, Youtube/Twitch Live Streaming, Podcasts or a Web-Series/Docu-Series about gamers, we want to ensure that we captivate the audience with our content.Talking about the funding deal and future of Esports in India, CA Anuj Golecha, Co-Founder of Venture Catalysts said The esports category is very new in India but Global Esports has been a leader in this category and has managed to make a huge mark in a very short time.