Gaming startup Ampverse to set up studio in India

Singapore-based gaming startup Ampverse plans to set up a gaming studio in India and scale up its local team, a senior company official said. Ampverse cofounder and chief strategy officer Charlie Baillie told PTI that the company will operate through a joint venture formed with DMI Finance.

“Content is a big part of our business. We will be investing in the studio and other capabilities as the month goes by. It will be set-up before the end of season 1 (of College Rivals esports tournament) which is in February. College Rival is the first IP. Beyond that we are looking at original content IPs and other esports format IPs while we will continue to grow College Rival,” Baillie said.