As per a report by Maple Capital Advisors, the gaming industry of India was able to attract investment from various firms/venture of about $350 million which is growing at a CAGR of 22 per cent from 2014 to till the first few months of 2020. Indian gaming industry is currently valued at $930 million and has sure chances of increasing 41 per cent each year.
This expansion will be fuelled by the development of computerized foundation and significant ascent in quality and drawing in gaming content.
6 years prior some big investments include Tencent and Steadview Capital's $100 million investment in Dream11 (2016), Sequoia and Times Internet's $41 million investment in Mobile Premier League (2019), and a $20 million in Paytm Games by One97 and AG Tech holdings (2020).
Pankaj Karna, Managing Director, Maple Capital Advisors' quoted that ‘the growing investment traction in gaming with over $350 million of investments. With growing internet penetration, compelling economics, usage statistics and increasing ecosystem of entrepreneurs and developers focusing on this space, we expect good growth in investments, which are likely to at least double in this space in the next 1-2 years. Gaming is at inflection stage in India with a rapid rise in consumption expected and investments likely to accelerate...We also expect select consolidation by larger platforms to add categories and fill gaps.’
There are over 400 gaming startups. The dream sports scene in India has seen a critical change and the quantity of imagination sports administrators have expanded by multiple times more than 2016-2018, while the quantity of clients has developed by more than multiple times from June 2016 to February 2019. E-sports has indicated solid client development however slacks on gainfulness. There is additionally an expanding footing towards multiplayer games that have been watched post the beginning of PUBG in India.