Games24x7, India’s leading online skill gaming company, along with the Government of Karnataka, has launched the gaming industry’s first-of-its-kind accelerator program, ‘GameTech Accelerate – The Future of Gaming’.
This initiative is an intensive six-week program to nurture and empower early-stage startups in the gaming space. The program will help early-stage entrepreneurs build, grow, and scale their gaming start-ups, by providing access to business and technology resources, mentorship and fundraising opportunities.
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“In collaboration with the Government of Karnataka, we aspire to foster entrepreneurship and innovation within the gaming industry, which has shown remarkable growth. Games24x7’s accelerator programme represents our firm commitment to unlock the gaming industry’s full potential…,” said Games24x7 chief technology officer (CTO) Rajat Bansal.
This initiative is co-powered by Amazon Web Services (AWS), which offers mentorship, cloud credits and technology support. Startups will have access to Games24x7 and AWS experts for mentorship during the program.
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Chiming in, Karnataka IT Minister Priyank Kharge added, “… The online gaming sector in India is rapidly evolving, and it is crucial to support this industry, which not only generates employment opportunities but also fosters innovation, contributing significantly to our digital economy. We are delighted to collaborate with Games24x7, who shares our commitment to responsible innovation, empowering aspiring entrepreneurs on their journey toward success.”
For participating firms, AWS will offer cloud credits (AWS Activate credits), technological assistance, and mentorship in both product and technology.
Early-stage gaming firms that have previously created an MVP and raised less than $5 million are looking for seed to series-A funding.
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About Games24x7
In 2006, Games24x7, an online gaming firm based in India, was founded by economists Bhavin Pandya and Trivikraman Thampy, who had trained at New York University. The company's portfolio includes both casual and skill games, such as Ultimate Games RummyCircle, and My11Circle. With the support of notable investors such as Tiger Global and The Raine Group, the company focuses on leveraging technology, artificial intelligence, and behavioral science to create amazing gaming experiences across all of its platforms.