Marcos Gaming Successfully Secures Pre-Seed Funding to Strengthen its Presence in the Indian Esports Scene.

Image Credits: Marcos Gaming

Marcos Gaming, an Indian esports organization, has successfully secured an undisclosed amount in pre-seed funding with the aim of strengthening and expanding the esports community in the region. The funding round was led by India Accelerator and Finvolve, with additional investment from SucSEED Ventures .

Diverse Allocation of Funds

Marcos Gaming plans to utilize the funds for various initiatives, including content creation, intellectual property development, and fostering growth within the gaming community. The organization intends to take a comprehensive approach to esports, spanning multiple titles and forms of entertainment, and will engage in collaborations with gaming influencers.

The current gaming portfolio of Marcos Gaming includes popular titles such as Supercell's Clash of Clans, Valve's Counter-Strike 2, and Krafton's Battlegrounds Mobile India.

Addressing the Fragmentation in Indian Esports

Sudhir Kuria, co-founder of Marcos Gaming, highlighted the fragmentation within India's esports and entertainment system. He emphasized the exponential growth of esports in India, with major players like StarSports and Jio entering the ecosystem. Kuria expressed confidence that esports would emerge as a significant entity in India, akin to the popularity of cricket. He also mentioned that the Indian government and various state authorities are actively involved in developing esports.

Investors' Perspective

Abhay Chawla, co-founder and COO of India Accelerator, expressed enthusiasm about the strategic partnership between India Accelerator and Finvolve in successfully closing the investment round for Marcos Gaming. Chawla emphasized their commitment to supporting innovative ventures, citing Marcos Gaming's promising trajectory as aligned with their vision. The joint investment reflects confidence in Marcos Gaming's capabilities and its potential to pioneer advancements in the gaming sector.

Opportunities in Esports

The article concludes by highlighting the significant financial rewards in esports, both for players and gaming companies. It cites the example of the Chinese esports team Wolves, which won a substantial $400,000 prize in the Call of Duty Mobile World Championship held in December.