Bengaluru-based e-sports and real-time gaming startup EWar Games has raised $200,000 in equity funding from Jindal Steels and Gameplan (a sports management firm based out of Kolkata) founded by Jeet Banerjee.
EWar was officially launched in January 2020 and it is their first time to secure funding since then and the company is looking forward to raised its next round of funding in the upcoming few months.
EWar will use the amount raised through the recent funding round to optimise the quality and user experience of its product (mobile app), and strengthen its marketing and brand promotion efforts across various mediums.Founded by Parth Chadha and Rahul Singh, EWar is currently managed by a team of 10 gaming and tech enthusiasts.
Chadha said, “Within a very short span of time, our e-sports application has become overwhelmingly popular and is witnessing 3x month-on-month growth. EWar aims to cater to a user base of over one million in the next two months and wants to position itself as the most customer-centric gaming platform and a one-stop solution for all gaming and esports enthusiasts in India.”
EWar is a one-of-its-kind, skill-oriented gaming platformreal people enter to play tournaments, leagues, etc. and earn real cash and prizes. Be it with casual, addictive games like Ludo/KnifeDart or gruesome battle-like ones such as PUBG/FreeFire, EWar gives users a choice to play for virtual or real money, and ensures that the games hosted on the platform are competitive enough to give passionate gamers an adrenaline rush. It provides ad-free streaming service and has incorporated eight vernacular languages so far, in an attempt to reach out to Bharat.
Singh said, “Our platform wants to be the ultimate place for all players to play, stream, and get rewarded consistently. For this, we have combined the best features from multiple mobile games and/or gaming platforms.”
The company, which has a board of advisors and investors from the sports, gaming and startup ecosystems, aims to become one of the largest esports platforms in Southeast Asia.