The Esports Club secures $3 million in funding for global expansion of operations

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The Esports Club (TEC), an esports tournament organizer based out of Bengaluru, has raised $3 million in Pre-Series A funding to expand its operations in Southeast Asia and the Middle East. The company was founded in 2019 and is among the largest esports tournament organizers in the country.

TEC has hosted a number of esports tournaments for popular games, such as Valorant, Rainbow Six Siege, Battlegrounds Mobile India, Apex Legends, Free Fire, CS:GO, PUBG: New State, and others.

“We are thrilled to have secured this funding and to be expanding our operations to new regions,” said Vamsi Krishna, founder of TEC, in a press release as quoted by Moneycontrol.

“Esports is a rapidly growing industry, and we are excited to be at the forefront of it. We are committed to building a strong and sustainable Esports ecosystem, and this funding will allow us to do just that. We are excited to bring our competitive tournaments, events, and content to new audiences, and to help cultivate the next generation of Esports talent,” he added.

The Arena, a massive consumer gaming show which is produced in conjunction with Comic Con India, and TEC Challenger Series & TEC Gauntlet, which are two of the longest-running esports tournament series, are just a few of the most commercially successful gaming and esports IPs in the South Asian region that the company has developed and launched.

Currently, modern broadcast facilities for expansion are high on TEC’s agenda and with that in mind the corporation is investing massively in the Middle East and Southeast Asian regions. Aside from implementing new regional programs, TEC is also planning to conduct events, hire regional broadcast talent, and establish a strong online presence.

In order to promote the development of esports in these areas and to provide players the chance to showcase their talents and seek careers in gaming, TEC is planning to work closely with the local communities.