Sports-tech company Colab Platforms has announced its entry into the fast-growing esports market with plans to build a competitive gaming ecosystem, a company official said on Tuesday.
This new venture will focus on building a skill-based esports infrastructure, designed for both casual and pro gamers, Colab Platforms Managing Director Puneet Singh said.
The company is building a player-first competitive gaming platform for India's digital-first generation, he said.
The platform will feature low-entry, high-frequency competitive formats, creator-led tournaments, and proprietary game servers-starting with Counter-Strike 2 and expanding into AAA and mobile titles, he added.
Esports has rapidly evolved from a niche subculture to a billion-dollar global industry. In 2024, the global Esports market surpassed USD 1.7 billion, with projections of reaching over USD 6 billion by 2030, Singh said.
BSE-listed Colab Platforms has a presence in sports commerce, athlete development, fan engagement tools, and sports-tech innovation. The company recently launched a Rs 25 crore accelerator programme to drive sports-tech innovation in India.
This new venture will focus on building a skill-based esports infrastructure, designed for both casual and pro gamers, Colab Platforms Managing Director Puneet Singh said.
The company is building a player-first competitive gaming platform for India's digital-first generation, he said.
The platform will feature low-entry, high-frequency competitive formats, creator-led tournaments, and proprietary game servers-starting with Counter-Strike 2 and expanding into AAA and mobile titles, he added.
Esports has rapidly evolved from a niche subculture to a billion-dollar global industry. In 2024, the global Esports market surpassed USD 1.7 billion, with projections of reaching over USD 6 billion by 2030, Singh said.
BSE-listed Colab Platforms has a presence in sports commerce, athlete development, fan engagement tools, and sports-tech innovation. The company recently launched a Rs 25 crore accelerator programme to drive sports-tech innovation in India.
You may also like
Tunis vs Chelsea prediction and odds ahead of Club World Cup clash
Laurence Fox marries conspiracy theorist podcaster in secret ceremony
Bangladesh: Hearing of charges against former PM Sheikh Hasina, 2 others from July 1
Jeff Bezos forced to move wedding venue after locals threaten to block Venice canals
Capcom Spotlight start time, and how you can watch the new Resident Evil and Monster Hunter reveals
