Ending Soon! Save 33% on All Access

OneTo11 Raises $2.5 Million In Seed Funding The funds will be utilized to expand into the markets of Middle East, Europe and North America

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

OneTo11, a blockchain gaming ecosystem, has recently raised $2.5 million in its private and Seed funding round.

The funds will be utilized to expand into the markets of the Middle East, Europe and North America. It also plans to introduce high-quality games to its state-of-the-art gaming ecosystem, designed specifically to match the demands of gamers from different nationalities.

"We are really excited with the trust and brand value we have been able to generate with the growth of OneTo11 in the last 15 months. Our vision to become a global gaming ecosystem is coming to fruition," said Ravindra Kumar, CEO of OneTo11.

"With the investment being raised we are all set to go into the next stage of aggressive expansion and explore further possibilities of bringing play-to-earn gaming to everyone. The funding will greatly help us venture into the global market with top quality games and a more comprehensive gaming economy," said Tirath Chand Sharma, CTO and co-founder of OneTo11.

OneTo11 has created a strong portfolio of games for gaming enthusiasts spread across the globe. It plans to add football, basketball, baseball and field hockey as fantasy sports to accommodate its global pool of gamers. Besides this, it will be adding American football as a strategic move to align with the North American market.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Business News

Apple iPhone 7 Users May Be Owed a Slice of a $35 Million Settlement — Here's How to Claim Your Share

Previous (and current, no judgment) iPhone 7 users may be entitled to up to $349. The deadline to file a claim is June 3.

Making a Change

8 Mental Disciplines More Powerful Than Self-Doubt

Our actions alone have the power to change our beliefs.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Did OpenAI steal Scarlett Johansson's voice? 5 Critical Lessons for Entrepreneurs in The AI Era

Did OpenAI steal Scarlett Johansson's voice? OpenAI has since paused the "Sky" voice feature, but Johansson argues that this is no coincidence. In response, Johansson delivers a masterclass for entrepreneurs on navigating the AI era successfully.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.