Indian esports tournament platform Gamerji has raised $3m (~£2.49m) in a Pre-Series A round.
The funds will be used to grow the platform across its newly launched international markets, the company said. This includes the MENA region as well as its launch plans for SEA, notably Indonesia and the Philippines.
Additionally, the platform will use the funds to develop its tech solutions and EaaS (Esports as a service).
Founded in 2019, Gamerji aims to ‘bridge the gap’ between amateur and professional gamers through various tournaments. The platform serves tournaments for over 22 esports titles including CS:GO, BGMI, Call of Duty Mobile and Clash Royale. Recently the platform announced its operations in UAE and Saudi Arabia.
The investment, which brings Gamerji’s total raised to $5m (~£4.16m), came from GVFL and Unicorn India Ventures. This isn’t the first time Unicorn India Ventures has invested in the platform. Earlier this year, Gamerji’s $1.1m (~£833,497) funding round was led by the Mumbai-based early-stage fund house.
Soham Thacker, CEO and Founder of Gamerji, commented: “[The] 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.”
In a release, Bhaskar Majumdar, Unicorn India Ventures’ Managing Partner, highlighted that Gamerji’s vision is to provide a “credible platform for amateur gamers” that aspire to become professional in the region’s untapped market.