Gaming sector in India attracted investments worth $544 million: Report

The gaming sector in India attracted USD 544 million in investments during August 2020-January 2021 period, and this is set to double over the next 12-18 months on the back of higher user awareness and accelerated engagement, as per a report by Maple Capital Advisors.

With more than 400 million gamers, a plethora of investors are looking to deploy funds in the sector, and with over 15 per cent of the global gaming traffic, Indian gaming market is at an inflexion point.

“We believe gaming is now at an inflexion point with greater investment and consumer traction. With growth-oriented private equities now participating and the first meaningful IPO around the corner,