Bowled.io ropes in Harsha Bhogle as their strategic investor

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Popular cricket commentator Harsha Bhogle has joined the Play-to-earn game platform Bowled.io as a strategic investor. According to the company, Bhogle would head the think tank, providing advice and establishing connections with cricket enthusiasts worldwide.

Bhogle will also collaborate with numerous international cricketers to advance the platform and help create novel forms for games on the site that are focused on cricket. The platform was introduced in March 2022 after receiving $3 million from investors from around the world and business veterans.

Co-Founder of the company, Rahul Singh, said, “We started with a mission to bring together cricket lovers from all over the world through the power of sports, gaming and social engagement. We are excited to add Harsha as a brand ambassador and strategic investor. His expertise and understanding of the sports ecosystem will help us grow and connect with sports fans globally,” according to LiveMint.

According to Singh, users of the site can own in-game assets, participate in competitions, make money off the platform, and more. Utilizing blockchain technology is its ecosystem.

Speaking on the topic, Harsha Bhogle said, “Strategy-based games have always piqued my interest since they let people compete with one another and get more involved. I was drawn in by the prospect of working with a youthful, zealous team of cricket enthusiasts and their new take on cricket. I expect a prolonged, exploratory journey with this fantastic young team.”

In addition to two mid-core and strategy games, it features six extremely casual games. Face-off is the main game. The business co-founder indicated that live cricket matches would be added to the platform soon.

According to a Dentsu report titled Gaming Report India 2022, the number of gamers in India is growing at a compound annual growth rate (CAGR) of 12%. It is anticipated to increase to 700 million in FY25 from 507 million in 2021.

The real-money gaming sector brings in most of the revenue in the gaming sector. Real Money Game revenue presently accounts for 57% of total market income; future growth is expected to be fueled by in-app purchases, which are expected to rise at a 34% CAGR.

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