Keep Knowledgeable
Get Trade Information In Your Inbox…
Signal Up At the moment
Indian esports firm EsportsXO has partnered with Abu Dhabi Gaming to broaden into the MENA area.
The strategic partnership will permit XO to open its regional headquarters in Abu Dhabi. The workplace will concentrate on rising regional esports applications and forming partnerships with publishers.
Each events anticipate the partnership to create new job alternatives and contribute to native expertise growth over the following 5 years. It additionally aligns with Abu Dhabi’s efforts to develop into a worldwide gaming hub.
Headquartered in Bengaluru, Karnataka, XO was established in 2020. The corporate supplies SaaS options for on-line esports match administration and has raised $1.4m in three years, producing over $4.3 million in income.
Shaping the way forward for video games in MENA
“Working with Abu Dhabi Gaming is a serious step for XO as we glance to broaden our presence in one of many world’s most enjoyable gaming areas,” stated EsportsXO founder Vikas Goel.
“We’re desperate to contribute to the event of the native gaming ecosystem, nurture homegrown expertise, and convey world-class gaming experiences to the MENA area. This reinforces our dedication to increasing our world footprint whereas fostering significant connections with avid gamers and business leaders throughout the area.”
Abu Dhabi Gaming director Marcos Muller-Habig added: “We’re excited to welcome XO to the Abu Dhabi Gaming ecosystem. Their experience in esports tournaments and group constructing will play a vital position in elevating Abu Dhabi’s place as a worldwide gaming hub.
“Collectively, we goal to form the way forward for gaming in MENA, whereas offering the platform for native and world expertise to realize the purpose of enhancing the expansion of Abu Dhabi Gaming’s ecosystem.”
Elsewhere, game-focused VC fund Beam Ventures can also be launching in Abu Dhabi with $150m to assist sport studios. It can provide an accelerator program for early-stage web3 gaming and AI startups, each in-person and remotely.
