Oneiric11 Gaming Raises $1 Million to Elevate India’s Fantasy Sports Experience

0
42
Oneiric11 Gaming Raises $1 Million to Elevate India's Fantasy Sports Experience

Oneiric11 Gaming, an esports and gaming platform backed by actor Rannvijay Singha, has successfully raised $1 million in a pre-Series A funding round. The round was co-led by NG Family Trust and TAC Holdings, with additional contributions from other investors.

The capital will be used to expand the company’s game development team, improve its technological infrastructure, and boost marketing efforts to reach a wider audience. These plans were detailed in a press release by Oneiric11 Gaming.

Founded in 2020 by AVneet Singh, Oneiric11 Gaming is dedicated to creating immersive and engaging gaming content tailored specifically for Indian gamers.

The Chandigarh-based company emphasizes its zero transaction fee feature as a consumer-centric initiative that demonstrates its commitment to responsible gaming. Players on the platform can explore a variety of fantasy sports while enjoying rewards and prizes, positioning Oneiric11 Gaming as a top destination for fantasy gaming enthusiasts.

Other notable startups in this sector include GRID Esports, Gameskraft, EVOS Esports, and JetSynthesys.