TEC was founded in 2019, by Industry veterans Vamsi Krishna, Ishaan Arya, and Mansoor Ahmed Noor. It is an international esports entertainment company that owns, operates, and partners with premier esports IPs. It creates, produces, and broadcasts premium content for gamers to enjoy while allowing sponsors to reach a large audience. Since their Inception, TEC has delivered world-class tournaments and IPs for leading titles —Valorant, Tom Clancy’s Rainbow Six Siege, BGMI, CS: GO, Apex Legends, Freefire, and more.
Bengaluru Based The Esports Club (TEC) Secures $3M Funding to Expand its Operations Globally!
TEC, with funding led by KOMPLAY Group and SAMBAVANATH Group, has raised $3M to expand its operations in the Middle East and Southeast Asia and build a state-of-the-art esports platform.
The Esports has launched some of the most commercially successful Gaming and Esports IPs in the South Asian region, including the largest consumer gaming show, The Arena in partnership with Comic Con India and one of the longest-running esports tournament series, TEC Challenger Series & TEC Gauntlet.
With this investment, The Esports Club looks to support the organization's growth in the gaming events and Esports space, including the expansion of its operations, events, and content creation. TEC will also be launching new initiatives in regions, including the hiring of local broadcast talent, hosting events, and developing a strong online presence. TEC will be working closely with local communities to foster the growth of esports in these regions, and to provide opportunities for players to showcase their skills and pursue their careers in gaming.
"We are thrilled to have secured this funding and to be expanding our operations to new regions," said Vamsi Krishna, Founder of The Esports Club. "Esports is a rapidly growing industry, and we are excited to be at the forefront of it. We are committed to building a strong and sustainable Esports ecosystem.”, he added.
“At QuantAscend Consulting Global, we have worked with the company from its formative years and we are delighted to find the right set of investors who believe in the business model and subscribe to the vision of The Esports Club,” said Ramesh Babu, Co-Founder, QuantAscend Consulting Global.
With this news, Indian Esports is reaching new heights. It is one of the great achievements for the organization and as well as for the Indian gaming industry as there are going global now. The time is coming soon when Indian Esports will be the largest market in the world producing huge events, great players, and teams globally. It also concludes that the Indian Gaming industry has grown a lot in the past years and will continue to flourish in the future.