Investors include NG Family Trust and TAC Holdings, among others
FinTech BizNews Service
Mumbai, August 8, 2024: Oneiric Gaming, an emerging player in the Indian gaming industry, has successfully raised its Pre-Series A funding round. The round was led by NG Family Trust and TAC Holdings, with participation from several other prominent investors.
Oneiric Gaming plans to utilise the funds to expand its game development team, enhance its technological infrastructure, and increase its marketing efforts to reach a broader audience. The company is focused on creating immersive and engaging gaming content tailored to the preferences of Indian gamers.
"We are thrilled to have the support of NG Family Trust, TAC Holdings, and other esteemed investors," said Avneet Singh, Founder & CEO, Oneiric Gaming. "This investment will help us accelerate our growth and bring innovative gaming experiences to our users. With the launch of Oneiric 11, we are proud to introduce a game-changer in the industry, setting a new standard of fairness and accessibility for all. Rannvijay's backing has been instrumental in our journey, and we are excited about the future", added Avneet.
Started operations in 2020 by Avneet Singh, Founder & CEO, the gaming company roped in Rannvijay Singha, an actor and entrepreneur, as a key investor in 2021. Rannvijay’s involvement has brought significant attention and credibility to Oneiric Gaming. The gaming startup aims to revolutionise the gaming experience in India.
NG Family Trust and TAC Holdings, known for their strategic investments in technology and listed entities, see great potential in Oneiric Gaming. "We believe in Oneiric Gaming's vision and their ability to capture India's rapidly growing gaming market," said Nitin Patel, NG Family Trust. Similarly, TAC Holdings added, "Our investment in Oneiric Gaming aligns with our goal to support innovative ventures that push the boundaries of technology and entertainment”, further added Nitin.
With the new funding, Oneiric Gaming is poised to make significant strides in the gaming industry and aims to become a leading name in the Indian market.
The zero transaction fee feature on Oneiric 11 is a testament to the company's consumer-centric approach and showcases its commitment to responsible gaming. Ensuring players receive their winnings, Oneiric Gaming fosters trust and transparency, contributing to the industry's sustainable growth.
Oneiric 11 is now available for download on Android and iOS platforms, promising users a seamless and exhilarating gaming experience. Players can engage with a wide range of fantasy sports and enjoy exciting rewards and prizes, making Oneiric 11 the ultimate destination for fantasy gaming enthusiasts.
Join Oneiric Gaming in celebrating the dawn of a new era in fantasy gaming with the launch of Oneiric 11.
