E-War Raises $200k From Angel Investors:
E-War Games is a Bengaluru-based e-sports and real-time gaming startup. It raises $200,000 in equity funding from Angel Investment Arm of House of Jindals. Jeet Banerjee is the founder of Gameplan, a sports management firm based out of Kolkata.
This is the first time EWar secures funding since its official launch in January. The company has plans to raise its next round of funding in the next few months this year.
E-War Games: Founders:
Parth Chadha and Rahul Singh are the founders of EWar. However, a team of 10 gaming and tech enthusiasts manage it now. The company has a board of advisors and investors from sports, gaming, and startup ecosystems.
It has plans to become one of the largest e-sports platforms in Southeast Asia. EWar raises a considerable amount through the recent funding round. It plans to use it to optimize the quality and user experience of its product (mobile app). The amount also helps to strengthen its marketing and brand promotion efforts across various mediums.
E-War Games: Parth Chadha’s Word:
As we know, Parth Chadha is the founder and CEO of EWar Games. He says that within a short period, their e-sports application has become very popular. It is also experiencing 3x month-to-month growth.
EWar aims to serve to a user base of over one million in the next two months. So, it wants to position itself as the most customer-centric gaming platform. This platform is a one-stop solution for all gaming and e-sports enthusiasts in India.
How Is This Platform Helpful To People?
EWar is a one-of-its-kind, skill-oriented gaming platform. People enter it to play tournaments, leagues, etc. and earn real cash and prizes. The games can be casual, like Ludo or gruesome battle. There may be addicting games such as PUBG, etc..
The users have a choice to play either for virtual or real currency. It ensures that the games hosted on the platform are competitive enough to give passionate gamers an adrenaline rush. It provides an ad-free streaming service. The platform has incorporated eight vernacular languages so far, in an attempt to reach out to India.
In the three months since the app’s official launch, it claims to have a user base of 500,000. The number of games being played on the platform crosses over 45,000 per month.