Rooter

Rooter Sports Technologies Pvt. Ltd. is a New Delhi-based technology company focusing on live gaming, streaming, and video content to enhance user engagement among gaming enthusiasts and content creators. Founded in 2016 in New Delhi, India, Rooter Sports Technologies Pvt.

Ltd. specializes in providing a platform for live gaming and streaming. The company has raised a total of INR 1282. 296 mn through various funding rounds, with the most recent being a Series A round on May 18, 2023, led by Lightbox Ventures among others.

The founders, Piyush Kumar and Dipesh Agarwal, have established a firm foothold in the gaming industry with eight deals reported thus far. The company currently values at INR 6442. 016 mn. Rooter is a platform that specializes in live gaming, live streaming, and video content, primarily catering to gaming enthusiasts and content creators.

The core offerings include a robust live streaming service that allows users to broadcast their gaming sessions, engage with viewers in real-time, and share highlights through video reels. This platform aims to enhance the gaming experience by connecting players with an interactive community, addressing the need for social engagement in gaming. Rooter targets a diverse client base, including gamers, streamers, and viewers, who utilize the platform to discover, share, and enjoy live content. The company operates in several geographical markets, including North America, Europe, and parts of Asia, focusing on regions with a high density of gaming communities.

Rooter generated revenue of INR 1,528,043. 4 in the most recent year, 2022. The company reported an EBITDA of INR -5,277,092. 3 for the same period.

Revenue primarily comes from a combination of subscription services and partnerships with content creators, allowing users to access premium features and facilitating transactions during live streams. In May 2023, Rooter Sports Technologies Pvt. Ltd. raised a total of USD 16 mn in pre-series B and debt funding, led by returning investor Lightbox Ventures.

This funding will be focused on enhancing technology capabilities and product offerings to improve user experience. As part of its future growth strategy, Rooter plans to develop new products aimed at enriching its platform and is targeting expansion into additional markets in North America and Europe by the end of 2024.