Gaming Powerhouse Ampverse to Establish Studio in India by February 2024

Singapore-based gaming startup Ampverse is making strategic moves to strengthen its footprint in India. The company's plans include the establishment of a gaming studio in collaboration with DMI Finance, aimed at boosting its content creation, esports initiatives, and talent development within the Indian gaming realm.

Ampverse's Vision for the Indian Gaming Studio:

Charlie Baillie, Co-founder and Chief Strategy Officer of Ampverse, disclosed that the company is actively working on building a gaming studio in India. This move aligns with Ampverse's larger strategy of enhancing its local presence.

The gaming studio's creation will be supported by a strategic partnership with DMI Finance, underlining Ampverse's commitment to its Indian operations.

Investing in Content and Capabilities:

Recognizing the pivotal role of content in its business model, Ampverse plans to invest in the gaming studio and bolster its capabilities. Charlie Baillie revealed that these investments will unfold over the coming months.

The target is to establish the gaming studio before the conclusion of season 1 of the College Rivals esports tournament, which is scheduled for February. College Rival serves as Ampverse's inaugural intellectual property (IP), and the company aims to expand its content creation while nurturing the growth of College Rival.

Anticipating College Rival's Impact:

Charlie Baillie expressed optimism about the College Rivals esports tournament, projecting an impressive turnout of over 80,000 students for Season 1. Beyond serving as a competitive platform, College Rival is poised to be a talent-scouting avenue, identifying promising gamers and nurturing their potential within the gaming industry.

Innovative Engagement through a Gaming Truck:

The collaborative entity of Ampverse and DMI Finance envisions engaging the Indian gaming community through a unique approach – a gaming truck. This innovative mobile setup will tour major cities such as Delhi, Mumbai, Bengaluru, Pune, and Hyderabad, aiming to bring gaming experiences closer to enthusiasts.

In addition to gaming, the partnership's vision extends to creating diverse products and merchandise for e-commerce ventures, enriching the user experience.

Expanding Team and Growth Projections:

As Ampverse and DMI Finance embark on their Indian venture, the current team of eight to 10 employees is poised for substantial expansion. Charlie Baillie shared that the team is projected to grow to around 50 employees within the next 12 to 18 months.

This growth highlights Ampverse's commitment to fostering a dynamic workforce to support its expanding endeavors in India.

Ampverse's Journey and Collaborations:

Founded in 2019, Ampverse is a prominent player in the gaming startup landscape. The company's multifaceted approach spans content creation, esports events, and exploring various gaming ecosystem opportunities.

With a robust community of 600 million and a presence in five countries, Ampverse has successfully collaborated with over 300 brands.

The company's journey is backed by notable funds including Vulpes Fund, Wolfpack Fund, Falcon Capital, and other global investors, cementing its position as a key player in the gaming industry.

Conclusion:

Ampverse's strategic move to establish a gaming studio in India underscores its commitment to expanding its presence and influence within the Indian gaming landscape.

With collaborative efforts, innovative engagement methods, and a focus on content and talent, Ampverse is poised to make a substantial impact on India's thriving gaming community.