Connect with us

Hi, what are you looking for?

India Times PostIndia Times Post

Gaming

GameCentric Secures $1.5 Million Investment for MENA Market Growth

Indian gaming platform GameCentric has raided $1.5 million from Dubai-based angel investor Bilal Merchant as the company plans to use the new capital to fuel further growth within the MENA region.

GameCentric officially went public back in December 2023 and is hoping to triple their current user base throughout the MENA region, making a mark in the MENA gaming space which is currently projected to reach 88 million gamers by the year 2026.

“Our aspiration is not just to be a gaming platform but a cultural phenomenon transcending borders” Saad Khan, CEO of GameCentric said in an official statement regarding the raise. “Collaboration with industry leaders, community-driven programs and an unwavering commitment to have the best user experience drives all of our future initiatives.”

“GameCentric’s visionary strategy in seamlessly connecting brands with gamers, coupled with their unwavering commitment to integrating cutting-edge technologies such as crypto and Web3, has left an indelible impression on me,” businessman and investor Bilal Merchant added. “Their innovative approach positions them as disruptors in the gaming landscape, poised to create a distinctive and rewarding experience for players worldwide.”

GameCentric has teamed up with the KSA’s POWReSports, as part of their launch strategy to “deliver an exceptional gaming experience”, to “boost its gamer acquisition strategy” and support the expansion of its ecosystem across the regional gaming scene.

GameCentric has also garnered support from LIV, one of UAE’s largest digital banks powered by Emirates NBD, and looks poised to capitalize on a booming MENA games market.

You May Also Like

Business

The rise of gaming in the MENA region continues to chug along and continues to see unprecedented growth and one of the region’s premier...

Business

When Saudi Arabia’s first-ever esports world cup, which takes place in Riyadh this summer, kicks off it will pit a number of premier esports...

News

Games in January 2024 January is still several months away, and the only major video games with a fixed release date are Prince of...

Business

Falafel Games’ founder Vince Ghossoub understands just how impressive and impactful the growth of the MENA region when it comes to the gaming industry...