• esportsXO

  Led · Seed · Dec 2021

  EsportsXO builds a SaaS platform (including BattleXO) to design, launch and manage online esports tournaments while serving as a game and player discovery destination. The company partners with game developers, brands, and tournament organisers to drive community building and targeted advertising aimed at Gen Z gamers. Management is explicitly targeting the $130 billion game-advertising market and seeks to expand reach via data-driven campaigns. Over the past 18 months EsportsXO invested in platform development, cost optimisation, and refining unit metrics, which the company says produced a positive EBITDA in the last quarter and continued growth in the current quarter. Operational metrics cited include 25,000+ hosted tournaments, 1,000+ tournament organisers, over $4M in lifetime revenue on less than $1.5M spend, and USD 100K+ in distributed sponsored rewards. The company was founded by Vikas Goel, Utsav Umang, and Rohit Raj and plans to use new capital to grow headcount and scale its user base. EsportsXO (Techno Xo Pvt Ltd) provides a SaaS platform to discover and manage esports tournaments, enabling game publishers and brands to launch custom competitions and engage users. The company’s core product includes tournament management tools and discovery features for players and fans. EsportsXO plans to build an esports metaverse and offer microservices including e-learning, merchandising and NFTs, content, and social networking. The platform reported over 150,000 registered users in 90 days and was experiencing roughly 20% month-on-month growth. The company raised $1.1M in a Seed round in December 2021 to scale technology, hire non-tech talent, and expand marketing and operations. Founded in 2020 and based in Bangalore, India, EsportsXO aims to broaden its product suite and user engagement.

No current team members are available.