Revenant Esports is one of the most prominent esports companies in the country and has grown into a dominant company in the division since its inception. It is a next-generation sports platform dedicated to working with the best gaming athletes in the world. The company intends to continue to improve the value and experience of esports by multichannel collaboration among athletes, brands, content creators and communities.
Revenant Esports: A Prime Habitat for All Esports Players
The recent funding from investor Sajan Raj Kurup in Revenant Esports has taken the company’s goal one step further. Revenant Esports plans to become a Rs 200 brand in the next 18 months. Kurup, a serial marketer and investor, has invested approximately $1 million in Revenant Esports and has a 40% stake in India’s fastest growing gaming company.
Revenant Esports has more than 25 esports under its ambit, including popular mobile games such as Call of Duty: Mobile, PUBG Mobile, Clash of Clans and FreeFire. The injection of the new funding will allow the company to expand its reach to the gaming community and promote a unique consumer experience.
As the firm has become one of the fastest-growing players in the world, stakeholders are confident that Revenant will grow tenfold in the next two years.
How has Revenant Esports made inroads in the Indian Esports Scene?
Revenant Esports is a destination for both casual and professional gamers and ambitious gaming enthusiasts and content creators. Since its inception, the company has set up significant infrastructure to stream games and esports. The company has charted tremendous progress in the Level 2 gaming market.
With approximately 15,000 active players participating and 20,000 hours of watch time through their content creator network, tournaments and athletes, the company aims to grow further in the field of e-sports.
With around 300 million players, India is one of the top five esports markets in the world. Also, because of COVID-19, online games attracted more attention as people remained home. With the necessity of social distancing, telecommuting has become the new norm, and physical sporting events are remaining limited, boosting e-sports and mobile gaming online events.
Indian Gaming Scene – A Breeding Ground for Opportunities
India’s vast esports and gaming ecosystem has become the world’s third-largest hub, following only the United States and China. An increasing number of gaming firms have entered the unicorn club with over $1 billion valuations after raising large funding rounds.
Esports are a hit in India. According to Venture Intelligence data, venture capital funds spent $438 million on gaming entrepreneurs in India in 2020. The industry estimates that the number of esports players in the country will double to 17 million by 2021.
Moreover, this is the first instance that the Olympic Council of Asia (OCA) has considered esports as a sporting event in the 2022 Asian Games. The move has given even more clout to the segment, and opportunities for new start-ups are aplenty.
One thing is clear- as Revenant Esports has got significant backers, the move has opened up roads for new players and start-ups to cover leaps in this highly growing market space.