E-sports platform Rooter raises $25mn

Bengaluru: Game streaming and e-sports platform

Rooter

has raised $25 million in a funding round led by Lightbox, March

Gaming

, and Duane Park Ventures. Several others, including existing investors, participated in the round.Founded by Piyush Kumar and Dipesh Agarwal, Rooter has emerged as one of the largest players in the Indian gaming category with 8.5 million monthly active users and over 30 million downloads. Around 1 million unique users create gaming content on the Rooter platform every month.“Rooter has been growing at a blistering pace over the last 18 months in tandem with the ballooning mobile gaming market in India, and this fresh infusion of funds by such marquee domestic and international investors only validates our work,” said Kumar.

Sid Talwar

, partner at Lightbox said, “Gaming is the future of social media for the next generation. 92% of

Gen Z

and millennials play games. And these ‘gamers’ are more engaged, more invested, and far more eager to contribute to gaming platforms than any traditional social media user today.”