Fundz

Gaming Startup Rooter Raises $25 Million From Lightbox, Others

PRIVATEJan 13, 2022

Amount Raised

$25 Million

Round Type

Funding Round

New DelhiMedia And EntertainmentVideoGamingSports

Description

Rooter, India’s leading game streaming and e-sports platform, raised $25 million (Rs 185 crore) in a Series A funding round led by Lightbox, March Gaming and Duane Park Ventures.

Quick answer

Rooter raised $25 Million in a Funding Round round, dated January 13, 2022. Rooter is based in New Delhi, Delhi, India.

How much did Rooter raise?
Rooter raised $25 Million in a Funding Round round on January 13, 2022.
What does Rooter do?
We are India’s biggest game streaming and esports content platform (#1 Sports app on the Google Playstore since Oct’20), focused on driving the creator economy in the space.
Where is Rooter based and how big is it?
Rooter is based in New Delhi, Delhi, India.
Who are the decision-makers at Rooter?
Fundz holds 1 contact at Rooter. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Media And Entertainment and Video around the same time

Companies in the same sectors as Rooter that raised within 45 days of this round, from Fundz verified event records.

  • Midnite raised an undisclosed amount (Series A) on February 1, 2022.
  • Theia Studios raised $1.3M (Seed) on February 23, 2022.
  • Axis Portable Air raised an undisclosed amount on February 17, 2022.
  • AmazeVR raised $15M (Funding Round) on January 12, 2022.
  • Pictory, Corp. raised $2.1M (Seed) on January 4, 2022.
  • Pictory, Corp. raised $2.1M (Seed) on January 3, 2022.

Who to call at Rooter, and when

A new round usually means Rooter is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Rooter raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Rooter, from your own LinkedIn network

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Company Information

Company

Rooter

Location

New Delhi, Delhi, India

About

We are India’s biggest game streaming and esports content platform (#1 Sports app on the Google Playstore since Oct’20), focused on driving the creator economy in the space. We sit at the intersection of two of the largest macro-trends in entertainment – gaming and content and have created a community platform to bring together over 450 Mn gaming enthusiasts in the country. We have a marquee, global investor base which includes March Capital, Lightbox, Duane Park, leAD Sports & Health Tech Partners, PayTM, Anthill Ventures, Founder Bank Capital and Venture Catalysts, in addition to angel investors like Boman Irani and Rana Daggubati. Consistently rated 4.6 to 4.8/5.0 stars with over 500K+ reviews on the Playstore, our app has an install base of ~50 Mn+. We have 16.6 Mn+ MAUs and ~1.4Mn+ DAUs, with each active user spending over 35 minutes on the app every day to watch Live streams. This engagement is driven by 15,000+ professional streamers and 1.2 Mn+ users creating content on the platform, every month. Rooter is also the only platform in the Game Streaming category to monetize, currently tracking an ARR of $5 Mn (INR 3cr+/ month revenue). In addition, we also hold the media rights to the largest bouquet of Live esports content in India (8,200+ hours/ year) with their most recent partnership with Skyesports, the biggest esports tournament organiser in South Asia. We are expanding our team now to take us to the next phase of our story and make Rooter the biggest gaming content platform in India and then SE Asia. Check our app here: https://www.rootersports.com/

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Rooter raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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