The journey of BLEED Esports is a story of resilience, grit, and an undying love for gaming
The two companies will co-develop and launch a series of esports intellectual properties (IP) and data-driven products and services for gamers in India
It all began in the 1950s, when basic games were created for minicomputers and mainframes, and a simple dot going around the screen had captured everyone's attention.
The collaboration marks a strategic development in Philips's foray into the gaming industry strengthening its commitment to reaching the GenZ audience
The startup will utilise the capital to expand its gamer community, gain deeper insights into user preferences, and establish a robust product-market fit
The company plans to utilize the investment to bolster their esports rosters, content creators, and bootcamp infrastructure as well as invigorate their ambition of cementing
Calling it a one-of-its-kind of investment by the adtech company, it made sense for Globale Media to invest in an up-and-coming gaming startup in the country
The gaming app will be available for download in India on Google Play Store and Apple App Store after almost 10 months
The company will be utilising the funds to strengthen its technology capabilities, sharpen its product bouquet, and further enhance user experience on its platform
As a Principal Member, Nazara Technologies will actively contribute to AIGF's initiatives aimed at creating a conducive ecosystem for gaming in India
The tournament will offer gamers from around the world the chance to compete against each other in a high-stakes race for supreme gaming glory
The game's USP lies in the fact that it is an NFT-based multiplayer game with esports tournaments, without the need for a Pay-to-Play or a Play-to-Earn model
According to the report, average time spent per week was highest in mid-core games (3.4 hours/week), followed by hardcore and real money games (RMG) (3.3 hours/week).