Esports: French Organization Team Vitality to Invest 15 Million into Indian Esport Teams

French Organization Team Vitality to Invest 15 Million into Indian Esport Teams

Esports news: The French organization Team Vitality has announced its planned expansion into Indian Esports with the launch of a special Instagram page for the team’s efforts in the country. The organization raised $15.7M USD in November 2019 from Indian investor Mr. Tej Kohli’s gaming fund, Rewired.GG. This was the second fundraiser via Rewired after an initial $22.7M in November 2018, which allowed Vitality the capital to enter the LEC. One of the key takeaways from the second round was Vitality’s plans to expand Esports into China and India.

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The announcement comes from Team Vitality India’s official Instagram. The team will share more details about its plans in India soon, as of now not much is known about which game they are looking to pick up a roster from. Vitality to be one of the “world’s first billion-dollar eSports team.”

While things are looking good for Indian eSports, it still remains to be seen what will be the business model these international eSports organizations incorporate for India, and whether it makes a significant impact on the scene.

Speaking to The Esports Journal, CEO Nicholas Maurer had explained why the organization is looking to expand in India. Maurer said, “We are totally convinced that there’s a lot of potential in India, because there is a very big interest, not only in esports, but in gaming. A lot of people are very passionate there, but it’s hard to predict the time it takes for a European brand to be seen as legitimate to an Indian audience.” It’s also difficult to predict how mobile esports will get a really solid competitive structure.”

“It’s moving pretty fast right now, but we need to see how the market moves and in which Tempo. We will do our own things and establish the Vitality brand in India – that is the goal. However, the pace of this growth is difficult to predict. “ , particularly in the mobile space, although India’s recent ban on PUBG Mobile suggests there are unique hurdles to overcome as well. Fnatic, TSM and Nova Esports have also planted a flag in the country, and there will certainly be more global organizations entering India in time.

Vitality’s entry at a time like this is certainly going to make some noise as the community and industry are actively searching for a new direction.

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