Mumbai Angels Network, a platform for early-stage investments has participated in a $1.1 million seed round for EsportsXO, a SaaS-based tournament platform designed for gaming enthusiasts. This round also saw participation by We Founder Circle, SucSEED Indovation Fund, FAAD Network, SOSV, and other investors.
“EsportsXO’s USP lies is the SaaS tool, built to focus on their product strategy, with other aspects creating a flywheel effect for the platform. This funding is a testament to their growth and progress, and we believe that it will help the platform reach greater heights,” added Nandini Mansinghka, co-founder & CEO, Mumbai Angels Network.
EsportsXO