Separator

Marcos Gaming Secures Pre-Seed Funding Led by India Accelerator, Finvolve

Separator
Marcos Gaming, an esports and entertainment startup, has recently concluded a pre-seed funding round, led by India Accelerator and Finvolve. The company specializes in partnering with professional teams and athletes in diverse gaming domains like BGMI, Clash of Clans, and CS2, aiming to cultivate a dynamic gaming community and promote gaming culture in India. The capital raised will be allocated to various strategic endeavors, including nurturing gaming communities through content generation, establishing intellectual properties (IPs), and expanding into additional esports titles. Marcos Gaming is dedicated to embracing a comprehensive approach to esports and entertainment, spanning from grassroots initiatives to collaborations with some of India’s most influential gaming personalities.

Established in 2019 by Akhil Kavuturu and Sudhir Kulria, Marcos Gaming received acceleration support from STPI IMAGE in Hyderabad and has gained backing from angel investor Mohan Parthasarathy. Discussing India's esports and entertainment landscape, Kulria noted, "The structure of India's esports and entertainment industry is notably fragmented. Esports in India has experienced significant growth, particularly with the entry of entities like StarSports and Jio into the ecosystem. We believe that esports is poised to become a major domain following Cricket in India. The Indian government has been actively exploring esports and entertainment, with several state authorities already engaged in developing esports".

Expressing enthusiasm about the investment, Abhay Chawla, co-founder and COO of India Accelerator, remarked, “We are excited to announce the successful completion of a strategic partnership as India Accelerator and Finvolve conclude the investment round for Marcos Gaming. India Accelerator's dedication to fostering innovation aligns harmoniously with Finvolve's vision for impactful investments. Marcos Gaming with its promising growth trajectory, embodies the forward-thinking ventures we are eager to support. Our collective investment reflects our confidence in the team’s capabilities and the potential for Marcos Gaming to lead the way in the gaming industry”.