Chandigarh-based esports and gaming startup Oneiric11 Gaming has raised $1 million in a pre-Series A funding round co-led by NG Family Trust and TAC Holdings, with participation from several other investors.
The startup plans to use the raised capital to expand its game development team, enhance technological infrastructure, and increase marketing efforts to reach a broader audience.
Notably, Rannvijay Singha is also an investor in the startup.
What does Oneiric11 Gaming do?
Founded in 2020 by Avneet Singh, Oneiric11 Gaming creates immersive and engaging gaming content tailored to the preferences of Indian gamers.
One of the standout features of the platform is its zero transaction fee policy, which is part of its consumer-centric approach and commitment to responsible gaming.
This feature allows players to engage in a wide range of fantasy sports without additional costs, making it a preferred destination for fantasy gaming enthusiasts.
"This investment will help us accelerate our growth and bring innovative gaming experiences to our users. With the launch of Oneiric11, we are proud to introduce a game-changer in the industry, setting a new standard of fairness and accessibility for all," Singh said.