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EVOS Esports Announces Continued Investment In Singapore, Esports Player Promoted To Management Role

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EVOS Esports Announces Continued Investment In Singapore, Esports Player Promoted To Management Role
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EVOS Esports, the leading esports organization in Southeast Asia, has appointed its former professional player, Stefan Chong, popularly known to fans as EVOS.Soul, as its Business Development Lead for EVOS Esports in Singapore.

EVOS Esports will continue investing into the Singapore esports industry by having a Mobile Legends: Bang Bang team (EVOS SG) to represent the country at national and international level esports tournaments. EVOS SG will be participating in the upcoming MLBB Professional League 2021 (MPL Singapore) with a roster that will shock the competition and are confident in lifting the trophy for the upcoming season.

Stefan will be leading EVOS Esports’ business development initiatives in Singapore, by engaging stakeholders from various verticals such as brands, government agencies, and MOONTON Games, the gaming publisher and developer of Mobile Legends: Bang Bang. From a young age, he has performed well in his classes while gaming.

Stefan holds a diploma in Aerospace Technology with Ngee Ann Polytechnic and has taken up a degree in Mechanical Design and Manufacturing Engineering at the Singapore Institute of Technology.

Stefan was part of the EVOS SG team representing Singapore which competed against the world’s best Mobile Legends: Bang Bang (MLBB) players at the M2 World Championship, that was hosted in January 2021 in Singapore.
He has also represented Singapore’s esports team at the SEA Games 2019 in Philippines.

Stefan Chong, Business Development Lead of EVOS Esports (Singapore) said, “I am thankful to the fans for supporting me in my esports career thus far, and am grateful to Ivan and the senior leadership team for their trust in me as I spearhead EVOS Esports’ business development efforts in Singapore. I look forward to connecting with brands, government agencies and game publishers as we continue investing in Singapore.”

Ivan Yeo, Co-Founder and Chief Executive Officer of EVOS Esports added, “Stefan is a great role model and a testament to the positive impact that EVOS Esports has brought to the esports industry in Singapore; a student turned professional player and now appointed as our Business Development Lead to spearhead EVOS Esports initiatives in the country. His deep insights on the esports eco-system will be highly valuable as we engage with
brands and government agencies to elevate esports to the next level.”

EVOS Esports was founded in 2017 with 100-over employees in four countries and three teams from EVOS Esports represented Singapore and Indonesia in the SEA Games 2019.

EVOS Esports currently manages 160 gaming influencers exclusively and are partners with over 200 esports talents, with a total following of over 64 million YouTube subscribers and over 62 million Instagram followers, and over 350 million views per month across Southeast Asia.

Asia

Revenant XSpark Partners With iQOO In Landmark Esports Deal

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Revenant XSpark, one of India’s leading Esports organization is excited to announce a ground-breaking partnership with iQOO, the high-performance smartphone brand. Leveraging the growing appeal of Esports, Revenant XSparks & iQOO have partnered together, with iQOO securing the naming rights for India’s top-performing Battlegrounds Mobile India (BGMI) roster under the Revenant XSpark brand. The team will now compete under the name iQOO RNTX, marking a significant milestone in the evolution of Indian esports. This collaboration stands as one of the biggest deals in Indian Esports history.

A collaboration between Revenant Esports and Team XSpark; The vision & goal behind the creation of ‘Revenant XSpark’ was to redefine the Esports landscape in India and neighbouring regions.

Having been unveiled at the recent collaboration, Revenant XSpark’s (BGMI) roster competes across regional and international competitions. With an unmatched track record of securing two back-to-back titles at major Krafton events, the team is led by coach Osmium as one of the premier teams in the country. Dominating competition across the board, the team of Sarang (Sarangajyoti Deka), Spraygod (Harsh Malik), Joker (Khush Singh), and Shadow (Tenzin Kelsang), have been able to carve a name for themselves in the Esports landscape as a force to be reckoned with in both global and local platforms.

Champions at the BGMI Pro Series and BGMI India Series, the team already has a firm foothold in the India market and is aiming to build and expand its narrative globally. Alongside iQOO’s innovation driven mindset, the collaboration will leverage expertise from both sides for mutual beneficial outcomes.

Rohit Jagasia, Founder and CEO of Revenant Esports, said, “We’re incredibly proud to announce our groundbreaking partnership with iQOO. This is a monumental moment for Indian Esports – marking one of the largest deals in the industry. iQOO’s commitment to innovation aligns perfectly with our vision at Revenant XSpark. By joining forces, we’re creating a powerful synergy that will elevate the Indian Esports scene to new heights. Together, we aim to redefine the landscape of competitive gaming and inspire the next generation of gamers.”

Nipun Marya, CEO, iQOO said, “We’re thrilled to be part of this moment in Indian esports. Partnering with Revenant XSpark goes beyond supporting an exceptional team it’s an investment in the future of competitive gaming. Together, we aim to inspire the next generation of gamers, drive meaningful innovation, and shape the future of esports in India. This collaboration is a step towards achieving long-term synergies that align with our broader vision to elevate the gaming experience.”

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Asia

8Bit Creatives secures biggest ever esports Naming Rights deal in India with iQOO

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8Bit Creatives, India’s premier esports & gaming talent management agency, has secured a major mandate in the largest naming rights sponsorship deal in Indian gaming history with iQOO, a leading performance smartphone brand. 8Bit Creatives bagged three out of the five naming rights deals, further cementing its leadership in the esports ecosystem.

The three teams represented by 8Bit Creatives are:

  • 8bit Esports
  • Reckoning Esports
  • Revenant Xspark

This historic partnership further cements iQOO’s commitment to the esports ecosystem in India, building on its ongoing association with Team iQOO Soul, which has been a flagship collaboration with 8Bit Creatives for over a year.

Speaking about the partnership, Animesh Agarwal, Founder and CEO of 8Bit Creatives, said:

“We are incredibly grateful to iQOO for placing their trust in us to represent three of their five teams, and we are happy to support their gaming & esports initiatives. This is a moment of great pride for Indian gaming, and we are excited to see iQOO’s continued contribution to growing the esports landscape in India.” 

Sarang Naicker, Owner of Reckoning Esports, commented:

“Partnering with 8Bit Creatives has always been a key driver of Reckoning Esports’ growth. This historic association with iQOO reflects the strength of our collaboration and our shared vision to elevate the esports ecosystem in India. Together, we aim to continue setting new benchmarks for gaming excellence.” 

Rohit Jagasia, team owner of Revenant Xspark, added:

“Our partnership with 8Bit Creatives has always been focused on driving innovation and creating meaningful opportunities for our players and fans. This association with iQOO is a testament to that vision, and we are thrilled to continue our journey together to elevate esports in India.” 

With this deal, iQOO continues redefining the boundaries of brand integration within esports, ensuring that fans and players benefit from an elevated experience. By associating its high-performance brand with some of India’s leading esports teams, iQOO reinforces its position as a key driver of the country’s gaming revolution.

The naming rights deal is not just a commercial success but also a testament to the thriving Indian esports ecosystem, as brands increasingly recognize the value of invest ing in gaming’s vibrant community.

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Asia

Nazara announces five investments totalling INR 196 Crores to drive growth across Gaming and Entertainment

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Nazara Technologies Limited (BSE: 543280 | NSE: NAZARA), India’s only listed diversified gaming and sports media company, has unveiled a series of strategic investments aimed at solidifying its position in the gaming and entertainment ecosystems. 

Nazara has announced new Investments in Funky Monkeys & Learntube.ai

Nazara has expanded into physical entertainment with the acquisition of a 60% stake in Funky Monkeys Play Centers Private Limited, a leader in indoor soft play centers for children, for INR 43.7 crores. Funky Monkeys operates 11 centers across India, offering interactive play experiences for children.

Co-founders of Funky Monkeys, Binita Putcha and Sanjay Ghadiali, said: “We are excited to join hands with Nazara, whose vision for digital and hybrid entertainment aligns closely with ours. With Nazara’s expertise and resources, we are confident we can scale Funky Monkeys and bring even more joy to children and families across India. We also see synergies with digital IP’s owned by Nazara such as Kiddopia and will work to maximise these opportunities”

Nazara will also invest INR 4.2 crores for a 4.7% stake in Learntube.ai, an AI-powered platform revolutionizing education with 1:1 interactive and gamified learning. Catering to over 20 lakh learners, LearnTube is the world largest personalised learning platform that offers affordable, interactive gamified learning experiences for professional skilling.

“LearnTube’s collaboration with Nazara is a bold step forward in reshaping professional learning and interactive media. We are excited to combine forces to lead innovation on a global scale,” said Shronit Ladhani, Co-founder, LearnTube.

Nazara has Increased its shareholding of existing companies

Nazara will invest INR 148 crores in its existing subsidiaries including Sportskeeda, Nodwin Gaming, and Datawrkz to increase its ownership in them and support their growth.

  • Nodwin Gaming: Nazara will invest INR 64 crores through subscription of Optionally Convertible Preference Shares to bolster Nodwin’s growth. The funds will support Nodwins expansion, enhance its intellectual properties (IPs), and strengthen its footprint in emerging markets.

  • Absolute Sports (Sportskeeda): Nazara will invest INR 69 crores to purchase shares arising from exercise of ESOPs from the Sportskeeda management to increase its stake to 100% in the company making it a wholly owned subsidiary.

  • Datawrkz: Nazara granted in-principle approval for an investment of INR 15 crores in Datawrkz through the subscription of Compulsorily Convertible Cumulative Preference Shares to support ongoing growth of Datawrkz

Speaking on these investments, Nitish Mittersain said: “Nazara is committed to building the largest diversified gaming and entertainment platform out of India and many of our initiatives announced today are geared towards propelling profitable growth in these strategic areas of our interest.”

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