Ampverse recently announced that it would be expanding into the Indian video game market after the company acquired the gaming organization 7Sea Esports. Additionally, the firm is planning on making a “multi-million dollar investment” into the Indian esports industry to accelerate the sector’s growth.
“India has always been part of our growth plan and is a very exciting opportunity for us given the rapid acceleration of esports,” said Ferdinand Gutierrez, Ampverse’s CEO. “We look for teams with a track record of success. Most importantly, we look for founders who are truly passionate about creating iconic esports organizations that drive unprecedented engagement with their fans and the market. 7Sea checks all those boxes and now it’s all about executing the blueprint and growing all aspects of the franchise.”
7Sea Esports is one of the most popular gaming organizations in India. The company currently has teams that compete in PUBG Mobile and Battlegrounds Mobile India.
Ampverse is a gaming start-up company that was launched in 2019. This is the organization’s fourth acquisition since it was founded two years ago.
(All information was provided by 7Sea Esports and Esports Insider)
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