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Newgen Gaming Raises $1M For Penta Esports Brand

Feb 13, 2023almost 3 years ago

Amount Raised

$1 Million

Round Type

seed

IndiaVideo GamesGaming

Investors

N Core Games

Description

Newgen Gaming has raised $1 million to continue to operate its Penta Esports brand. This is the first funding round for Newgen Gaming.

Company Information

Company

Newgen Gaming

Location

16319 main view ln ne

India

About

The company was founded in 2021 by industry veterans Anurag Khurana, Kiran Noojibail, Akshay Paul and Krishanu Ghosal. Its esports brand, Penta Esports, specializes in multiple verticals including leagues, tournaments and content.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers