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The Esports Club raises $3 million in funding to expand operations internationally

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An esports event organiser based in Bengaluru named The Esports Club (TEC) has raised $3 million in Pre-Series A funding to develop its business in Southeast Asia and the Middle East. The business was established in 2019 and is one of the biggest national esports tournament organisers.

Numerous esports competitions for well-known titles, including Valorant, Rainbow Six Siege, Battlegrounds Mobile India, Apex Legends, Free Fire, CS:GO, PUBG: New State, and others, have been held at TEC. Vamsi Krishna, the founder of TEC, stated in a press statement that the company was "thrilled to have obtained this finance and to be expanding our activities to new locations."

"Esports is an industry that is expanding quickly, and we are thrilled to be at the forefront of it. We are dedicated to creating a robust and long-lasting Esports environment, and this money will help us achieve that goal. We are thrilled to reach new audiences with our competitive competitions, events, and content and to support the development of the upcoming Esports talent, the CEO continued.

The company has created and launched some of the most popular gaming and esports IPs in the South Asian region, including The Arena, a sizable consumer gaming show produced in conjunction with Comic Con India, and TEC Challenger Series & TEC Gauntlet, two of the longest-running esports tournament series.

The growth of sophisticated broadcast infrastructure is currently a top priority for TEC, and as a result, the company is making significant investments in the Middle East and Southeast Asian countries. TEC plans to hold events, hire local broadcast talent, and build a strong online presence in addition to launching new regional programmes. TEC intends to collaborate closely with the local communities to encourage the growth of esports in these regions and give participants the chance to show off their skills and pursue careers in gaming.