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Route Mobile founder invest USD 10 mn to start gaming startup

Route Mobile founders Rajdip and Sandip Gupta today announced an investment of USD 10 million or over Rs 65 crore to start an electronic gaming startup, Cobx Gaming Ventures.

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Route Mobile founders Rajdip and Sandip Gupta today announced an investment of USD 10 million or over Rs 65 crore to start an electronic gaming startup, Cobx Gaming Ventures.

"As avid gamers ourselves we have always wanted to contribute to the growth of professional esports," Rajdip, the founder of Cobx, was quoted as saying in a statement.

He added the 'esports' category has matured in such a way that gamers can now consider it as a career as well.

Mujahid Rupani has been named as chief executive of the new venture, the statement said.

Cobx has also announced the launch of an international and Indian esports league. It will also be forming new international teams for popular online games, it added.

Route Mobile is a city-based messaging and voice API company serving global clientele, and the founders are reported to have sold a 10 per cent holding in the company recently to the Shrem Group for USD 23 million.

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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