New Launch30 Aug 2025, 11:31 am
Colab Platforms Launches Esports Platform as India Prepares for Olympic Gaming Glory
AI Summary
Colab Platforms Limited, a leading technology, sports and gaming company in India, has announced the launch of its dedicated esports platform - www.colabesports.in. The launch comes at a time when India's esports market is demonstrating exceptional growth, with a projected CAGR of 18.8% to reach USD 1,168.82 million by 2034. The platform aims to serve India's digital-first generation of esports athletes and contribute to India's economy. With 594 million online gamers in India as of 2024, the market presents significant untapped potential for organized esports platforms.
Key Highlights
- Colab Platforms launches dedicated esports platform - www.colabesports.in
- Indian esports market projected to reach USD 1,168.82 million by 2034
- Platform designed to serve India's digital-first generation of esports athletes
- India's esports ecosystem supports over 1.5 million professional esports athletes
- Expected to contribute over INR 1,100+ crore to India's economy by 2025