
Rooter
Online streaming software for esports and gaming industries -the biggest in India.
Date | Investors | Amount | Round |
---|---|---|---|
* | $25.0m | Series A | |
Total Funding | 000k |
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Founded in 2016 by Piyush Kumar, Dipesh Agarwal, Akshat Goel, and Soham Sinha, Rooter is a prominent game streaming and esports content platform based in New Delhi, India. The company originated from the founders' vision to create a technology-driven fan engagement platform centered around live sports, allowing users to participate in match prediction games, join chat forums, and share multimedia content. Initially focused on connecting sports fans during live events, the platform evolved its business model to more heavily incorporate gaming and esports. This strategic pivot was driven by the realization that gaming content offered more consistent, round-the-clock user engagement compared to the peaks seen only during live sporting events.
Rooter operates as a comprehensive platform for the gaming community, providing live gaming streams, videos, and reels. Its target audience includes millions of gaming enthusiasts across India. The platform distinguishes itself by enabling gamers to stream their gameplay directly through its application, which features in-built creation tools. This fosters a vibrant community where fans can interact with and support their favorite creators by gifting 'Rooter Diamonds,' the platform's native virtual currency. The company's revenue model is multifaceted, generating income through advertising, performance marketing, in-app purchases, sponsored esports events, and creator subscriptions. Strategic partnerships are also a key component of its business, including a collaboration with Paytm First Games to bolster the cricket, fantasy sports, and gaming ecosystem.
Since its inception, Rooter has achieved significant milestones, including being selected for the leAD Sports Accelerator program in 2018. The company has successfully raised substantial capital through multiple funding rounds to fuel its growth. A Pre-Series A round in May 2020 brought in $1.7 million from investors like Paytm and leAD Sports. A more substantial Series A funding round in January 2022 raised $25 million, led by Lightbox, March Gaming, and Duane Park, marking one of the largest fundraises for a game streaming company in India at the time. This capital is being utilized to enhance technology, expand its ecosystem of creators, and explore opportunities for international expansion. The platform's user base has grown to over 16 million monthly active users, a testament to its strong product-market fit and the booming mobile gaming market in India.
Keywords: game streaming, esports platform, live streaming, gaming community, content creation, fan engagement, mobile gaming, in-app purchases, performance marketing, creator economy, user-generated content, sports technology, fantasy sports, live commentary, video game streaming, Indian startups, digital content, online gaming, creator support, virtual currency