Games

Ampverse joins India, buys 7Sea Esports with multi-million dollar investment plan

Indian esports organization 7Sea Esports has been acquired by Asian esports organization Ampverse, as it enters the fourth market with India. Ampverse sees itself as ‘another e-sports company’ that owns and builds e-sports teams across Asia.

7Sea Esports currently operates three teams across India, Bangladesh and Nepal. While the Indian team competes in Battlegrounds Mobile India (BGMI), teams from the other two regions play PUBG Mobile (PUBGM). and since then it has won the India Today Dangal while also placing second at the Sky Esports Championship, establishing itself as one of the most competitive BGMI teams available.

With Ampverse entering India, they have acquired 7Sea Esports and plan to invest millions of dollars to transform them into a powerful, culturally relevant brand that connects with fans at scale. .

7Sea Esports Acquired By Ampverse Receives Planned Million Dollar Investment

Despite starting operations in June 2020 with the stated goal of developing e-sports teams in South Asia, 7Sea Esports expanded in India as recently as July 2021. It is currently operational. a domestic BGMI lineup and has quickly proven itself to be an excellent competitor. Their BGMI team includes:

  • Meet “Prince” Brahambhat – IGL

  • Taha “Aladdin” Kamkar – Filters

  • Sarang “Sarang” Deka – Assaulter

  • Rough “SPRAY TARGET” Malik – Assaulter

AFK Gaming had the opportunity to chat with Santosh Pecheti – Founder of 7Sea Esports, to discuss Ampverse’s recent acquisition, and to talk about how they plan to use the seven-figure investment, strategically expansion and more.

Starting with 7Sea Esports’ vision of posting the investment, Pecheti says they’re ready to take it to the next level with Ampverse. Going forward, they will invest in India’s esports ecosystem and grow it, bringing content creators into the space and growing the business portfolio, instead of just investing in esports teams.

With this seven-figure investment, 7Sea Esports is also planning to expand to other titles like Free Fire and Valorant in India. Pecheti says that they’re looking to expand to both of these titles at the moment, and have actively begun discussions with multiple listings that they think will fit the needs of the business.

Addressing the topic of influencers and content creators and whether or not their inclusion in 7Sea Esports’ plans is something they’re considering, Pecheti explained that in the future this will be one of core goals they have set for the next 18 months. .

How does Ampverse’s expertise in the Asian esports industry help 7Sea Esports grow and scale? Well, according to Pecheti, their CEO (Ferdinand Gutierrez) background with Twitch gives them the expertise needed when it comes to managing influencers, managing collabable brands with influencers, which they have done before with Bacon Time, MiTH and SBTC Esports.

Finally, shedding light on the short- and long-term goals of 7Sea Esports when it posted this investment, Pecheti revealed that within the first 18 months they will begin driving multiple revenue streams that already exist in the market. such as investing in influencers, bringing in sponsorships and some other strategic investments they deem necessary.

What is Ampverse?

Ampverse is a Thailand-based eSports organization, currently established in four countries: Singapore, Thailand, Vietnam and India, with plans to expand into two more countries, Indonesia and the Philippines. . They have a proven track record in acquiring and building some of the largest eSports organizations in Asia, such as Bacon Time and MiTH in Thailand, SBTC Esports in Vietnam and new acquisitions. especially 7Sea Esports in India. They have also planned multi-million dollar investments, focusing on accelerating the e-sports and gaming ecosystem in the Indian market.

Ferdinand Gutierrez, CEO of Ampverse, expressed that he is excited about the opportunity to enter this Indian esports market. 7Sea Esports is the perfect organization to work with as it has a successful track record and more importantly a passionate founder, now all that remains is to execute the blueprint and develop all the aspect for franchising.

Many eSports titles like BGMI, Free Fire, Valorant are accelerating in India and the content creation around games is growing at a good rate. It will be interesting to see how 7Sea Esports can leverage Ampverse’s investment and expertise to expand its reach and mark its presence in India.

https://afkgaming.com/mobileesports/news/ampverse-acquires-7sea-esports-with-planned-multi-million-dollar-investment | Ampverse joins India, buys 7Sea Esports with multi-million dollar investment plan

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