Oneiric11 Gaming, an esports and gaming platform backed by actor Rannvijay Singha, has successfully raised $1 million in a pre-Series A funding round. The round was co-led by NG Family Trust and TAC Holdings, with additional participation from other investors.
The new capital will be directed towards expanding Oneiric11’s game development team, enhancing its technological infrastructure, and boosting marketing efforts to attract a wider audience, according to a press release from the company.
Founded in 2020 by AVneet Singh, Oneiric11 Gaming is dedicated to producing immersive and engaging gaming content specifically designed for Indian gamers. Based in Chandigarh, the company prides itself on its zero transaction fee feature, a consumer-centric approach that underscores its commitment to responsible gaming. Players can participate in a variety of fantasy sports and enjoy rewards and prizes, making Oneiric11 a favoured platform among fantasy gaming enthusiasts.
In a competitive market, Oneiric11 Gaming stands alongside other notable startups such as GRID Esports, Gameskraft, EVOS Esports, and JetSynthesys. This latest funding round positions Oneiric11 to further solidify its presence in the Indian gaming industry.