Games

 Qlan Raises $200K USD in a Pre-Seed Funding Round

Published by
James Fudge

Mumbai-based esports and gaming social platform Qlan announced Tuesday that it has secured a $200K USD investment from a pre-seed funding round, with participation from Marwah Sports, CIIE.CO, and Faad Network. This is the first time the company has secured outside funding, having begun its journey fully self-funded.

Qlan co-founder and CEO Sagar Nair said in a release that this pre-seed funding round signifies the beginning of expansion plans for the platform, and will allow the company to “enhance gamer networking, discovery, and content creation capabilities.”

Qlan has been downloaded more than 100,000 times and has more than 50,000 active users in India, Asia Pacific, Europe, the Americas, South Africa, and MENA regions. In the second half of 2022, Qlan began a six-month beta test before releasing a final version of the platform in January.

Share
James Fudge

With a career spanning over two decades in the esports and gaming journalism landscape, James Fudge stands as a seasoned veteran and a pivotal figure in the evolution of esports media. His journey began in 1997 at Game-Wire / Avault, where he curated gaming and community news, laying the groundwork for his expertise in the field. In his more recent roles, James cemented his status as an authority in the esports business sphere as Senior Editor Esports at Sports Business Journal and The Esports Observer between 2018 and 2021.

Recent Posts

Edward Gaming Generates $690K in Revenue From Valorant Weapon Skins 

The Esports Advocate has learned that Chinese esports organizations Edward Gaming (EDG) and Bilibili Gaming…

2 days ago

Report: ByteDance Replaces Moonton CEO

China-based ByteDance has appointed a new CEO for Moonton Games, the developer behind the popular…

2 days ago

NRG Launches PUBG Mobile Team NRG Galaxy

North American esports organization NRG Esports announced that, in cooperation with partner Samsung Galaxy, it…

2 days ago

Chinese Pop Singer Hua Chenyu Invests in LGD Gaming’s PEL Team 

Chinese pop singer Hua Chenyu and China-based esports organization LGD Gaming jointly announced on Thursday…

2 days ago

GameSquare Launches FaZe Media

Publicly traded gaming and esports company GameSquare Holdings (NASDAQ: GAME) announced the launch of a…

2 days ago

Riot Games Expands Cisco League of Legends Esports Partnership 

Riot Games announced Thursday that Cisco will continue to be a key partner related to…

2 days ago