Hungama invests in Indian Gaming League

03 Mar,2021

By Our Staff

Hungama, along with Hindustan Talkies, has made a strategic investment of up to US$ 500,000 in Indian Gaming League (IGL), a platform for competitive gaming. IGL will utilise the funds to acquire new users and develop new features to increase user engagement on the platform.

Said Neeraj Roy, Founder & CEO, Hungama Digital Media: “E-sports is one of the fastest growing segments in the gaming industry in India and is expected to become even more popular as smartphone usage continues to rise. We are excited to invest in Indian Gaming League to help the platform grow further and offer gamers in the country a unique competitive experience at a scale that hasn’t been seen before. At Hungama, our plan is to engage with over 10 million gamers in the next 2 years with our e-sports initiatives.”

Added Ashish Chowdhry, Director, Hindustan Talkies: “Today, the gaming industry is growing faster than the rest of the entertainment industry and shows no signs of slowing down. Additionally, India has the largest youth population in the world and with its ever-evolving broadband infrastructure and its affordability, we expect e-sports to soar further and create more uproar. For Hindustan Talkies, its association with e-sports allows it to foray into yet another exciting form of entertainment.”

Said Yash Pariani, CEO, Indian Gaming League: “E-sports is still in its nascency in India. Having Hungama and Hindustan Talkies coming on board will help us reach a larger audience and scale e-sports to new heights. We’re excited to have their expertise and mentorship to guide us in the right direction and achieving our vision of making e-sports a household name.”

 

 

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