iWorld
Report on Shemaroo

Indian Gaming League raises $500K from Hungama & Hindustan Talkies

IGL will utilise the funds to acquire new users, develop new features.

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2021/03/03/hung.jpg?itok=YLe1rkdW

KOLKATA: Hungama Digital Media and movie and digital content production house Hindustan Talkies have made a strategic investment of up to $500,000 in e-sports platform Indian Gaming League (IGL). The funds will be utilised by IGL to acquire new users and develop new features to increase user engagement on the platform.

IGL will also use the funds to launch Indian Gaming League Championship Cup Season 1, a 45-day mega tournament that will allow users to compete in six stimulating games and win prizes. The tournament will culminate with Indian Gaming League Awards – a first-of-its-kind grand star-studded virtual awards night to recognise the winners of the championship. 

Hungama Digital Media founder and CEO Neeraj Roy said, “E-sports is one of the fastest growing segments in the gaming industry in India and is expected to become even more popular as smartphone usage continues to rise. We are excited to invest in Indian Gaming League to help the platform grow further and offer gamers in the country a unique competitive experience at a scale that hasn’t been seen before. At Hungama, our plan is to engage with over 10 million gamers in the next two years with our e-sports initiatives.”

Hindustan Talkies director Ashish Chowdhry remarked, “Today, the gaming industry is growing faster than the rest of the entertainment industry and shows no signs of slowing down. Additionally, India has the largest youth population in the world and with its ever-evolving broadband infrastructure and its affordability, we expect e-sports to soar further and create more uproar. For Hindustan Talkies, its association with e-sports allows it to foray into yet another exciting form of entertainment.”

Indian Gaming League CEO Yash Pariani added, “E-sports is still in its nascency in India. Having Hungama and Hindustan Talkies coming on board will help us reach a larger audience and scale e-sports to new heights. We’re excited to have their expertise and mentorship to guide us in the right direction and achieving our vision of making e-sports a household name.”

Launched in 2016, Indian Gaming League has grown its user base by over 3X in the last 12 months and has hosted over 3,000 gaming tournaments in 2020.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/19/img_19042021_142934_800_x_800_pixel.jpg?itok=J6CDo-F6
Chingari partners with new OTT Biiggbang Amusement

KOLKATA: In a bid to strengthen its positioning among millennial consumers, short video app Chingari has partnered with newly-launched OTT platform Biiggbang Amusement. Since its inception, Chingari has always looked to disrupt the market through its consumer-centric approach, innovative features...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/19/img_19042021_142112_800_x_800_pixel.jpg?itok=Ww_Nfx1Y
NXTDigital’s broadband subsidiary OneOTT surpasses 600K subscribers

KOLKATA: NXTDigital’s broadband subsidiary OneOTT intertainment Ltd (OIL) has surpassed 100,000 home broadband subscriber additions in the fourth quarter of the financial year 2020-21. According to a press statement issued by the company, OIL has attained a momentum of more than 1,000 subscribers-a...

iWorld Broadband
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/19/netflix.jpg?itok=e3MmvGxw
Five new movies & shows to catch on Netflix, Prime Video, & Disney+ Hotstar

NEW DELHI: Post the Covid2019 outbreak, OTT platforms like Netflix, Amazon Prime Video, and Disney+ Hotstar have gained massive traction in India. As the second wave of the pandemic is spreading rapidly in the country, people have once again started spending time in their homes, and this trend...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/19/img_19042021_133118_800_x_800_pixel.jpg?itok=1haYpj5E
ZeeL’s Vibha Chopra joins Amazon Prime Video

KOLKATA: Media professional Vibha Chopra has moved on from Zee Entertainment Enterprises Ltd (ZeeL) to join Amazon Prime Video. She will be looking at content acquisition in her new role.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/17/img_17042021_135625_800_x_800_pixel.jpg?itok=zags4vEp
Amazon Prime hits 200 million subscribers

NEW DELHI: Amazon Prime, which comprises the e-commerce giant’s video streaming service, has reached a userbase of 200 million, an increase of over 50 million post the outbreak of the Covid2019 pandemic, revealed Amazon CEO Jeff Bezos in a letter to shareholders.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/17/mx.jpg?itok=0tWr2P5V
'Cruising Legends' rides again on MX Player, top brands hop on

MX Player is bringing back an award-winning travel show for another ride – Cruising Legends: Dawn Patrol will see four biking legends quench their thirst for wanderlust and undertake a journey to the easternmost part of India, Arunachal Pradesh, to witness the country’s first break of dawn.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/15/airtel.jpg?itok=1tsxvVEG
Bharti Airtel restructures to focus on digital assets

NEW DELHI: Telecom giant Bharti Airtel has tweaked its corporate structure in a bid to sharpen its focus on digital opportunities while enabling it to unlock value.  Under the new structure, Airtel Digital will merge with the listed entity Bharti Airtel, and it will now house all digital assets of...

iWorld Telecom
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/14/abhishek.jpg?itok=zVYjGfRo
MX Player promotes Abhishek Joshi to business head - SVoD

New Delhi: Video streaming service MX Player has elevated Abhishek Joshi as business head - SVoD (subscription business). “I have been given an additional mandate and responsibility of building the SVoD business from ground up as the business head while managing my existing portfolio,” he stated in...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/14/hero_vired.jpg?itok=XC0G-ef7
Hero Group forays into edtech with 'Hero Vired'

New Delhi: Tapping into the booming ed-tech market, the Hero Group has launched a new ed-tech company – Hero Vired – to adequately train and empower the workforce of the future. The launch accompanied the release of its new brand campaign, Be Made for BIG Things, which went live on social media and...

iWorld Over The Top Services

Sign up for our Newsletter

subscribe for latest stories

* indicates required