Oneiric11 Gaming, an esports and gaming platform backed by actor Rannvijay Singha, has announced the successful raise of $1 million in its pre-Series A funding round. The round was co-led by NG Family Trust and TAC Holdings, with participation from other strategic investors.
The fresh capital infusion will be directed towards expanding Oneiric11 Gaming’s game development team, bolstering its technological infrastructure, and enhancing marketing efforts aimed at reaching a broader audience. The company disclosed these details in a press release, highlighting its plans to further its footprint in the burgeoning Indian gaming sector.
Launched in 2020 by AVneet Singh, Oneiric11 Gaming has quickly gained traction in the Indian gaming landscape, known for its immersive and engaging gaming content tailored specifically to Indian gamers’ preferences.
Oneiric11 Gaming has made a mark with its zero transaction fee feature, a consumer-centric approach that emphasizes responsible gaming. The platform offers a diverse range of fantasy sports, where players can engage in games and earn rewards and prizes, making it a go-to destination for fantasy gaming enthusiasts.
With the Indian gaming industry rapidly evolving, Oneiric11 Gaming is poised to be a key player, standing alongside other prominent startups in the space like GRID Esports, Gameskraft, EVOS Esports, and JetSynthesys.