- The Indian esports tournament company Gamerji has earned $1.1 million thanks to its latest funding round
- The company will use this money to scale its operations in the SEA and MENA regions
- Gamerji enjoys tremendous popularity in India and is on a quest to make esports accessible to anyone
The Ahmedabad-based esports tournament company Gamerji has earned $1.1 million in pre-series A funding with Unicorn India Ventures leading the round.
Gamerji Receives Money to Scale Its Operations
Gamerji, an esports tournament company where users can play tournaments for their favorite games, host matches, communicate, share content and win prizes, has launched a pre-series A funding round, earning more than a million.
The funding round was led by Unicorn India Ventures. Other notable investors were Stadia Ventures and Urmin Group. In total, the finding round yielded Gamerji $1.1 million. The company plans to use the money to enhance its features for gamers in SEA and MENA.
Gamerji was founded in 2019 by Soham Thacker, an entrepreneur with a passion for gaming. Users of the platform can play tournaments, host matches and communicate with one another. They can also win various prizes depending on their performance. Gamerji has streamlined the approach to esports, making it easier for anyone to get into.
It has been estimated that 2.3 million people in India use Gamerji. As of now, 29,000 tournaments have been hosted on the platform, with 200 taking place each day. Those numbers continue to increase as the company constantly seeks innovation. In November 2021, Gamerji released a new version of its platform, providing users with more quality-of-life features.
The Company Seeks to Make Esports Available to Everyone
Thacker spoke about esports in India, revealing that it still has a long way to go. His intention with Gamerji is to make professional gaming accessible to everyone.
“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, the esports company’s chief technology officer, said that the company has been growing steadily. In the last 12 months, he said, Gamerji gained 1.7 million new users and hosted more than 21,000 tournaments. Patel thanked Unicorn India Ventures and the other investors for their commitment, promising that Gamerji will continue excelling in its craft.
Bhaskar Majumdar, a managing partner at Unicorn India Ventures lauded Gamerji’s efforts in helping professional gaming grow in India. He explained:
“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.”
India is a budding market for gaming and esports. All India Gaming Federation reported that there were 365 million online gamers in 2020. The Federation expects this number to increase to 510 million by the end of this year.
