Rooter is a technology company.
Rooter has raised $25.0M across 1 funding round.
Rooter has raised $25.0M in total across 1 funding round.
Rooter has raised $25.0M in total across 1 funding round.
Rooter's investors include 1Up Ventures, Dune Ventures, foobar.vc, Galaxy Interactive, March Capital, Sequoia Capital, Eden Chen, Jaroslav Beck.
Rooter is a leading Indian game streaming and esports content platform that has evolved into a content-to-commerce powerhouse, offering live game streaming, user-generated content, community engagement, and a digital marketplace called Rooter Shop for in-game currencies, vouchers, and gift cards.[1][3] It serves a massive audience of gaming enthusiasts, with over 85 million registered users, enabling publishers and brands to monetize through esports tournaments, digital goods distribution, and localized strategies while solving the challenge of connecting content consumption with seamless commerce in India's booming gaming sector.[1][3] The company achieved $10 million in revenue for 2024-25, marking a 120% year-on-year growth, fueled by low customer acquisition costs and high conversion to paying users.[1]
Founded in 2016 in New Delhi, India, by brothers Piyush Kumar (CEO) and Dipesh Agarwal (COO), alongside Akshat Goel (CTO) and Soham Sinha, Rooter Sports Technologies started as a sports fan engagement platform providing curated content in preferred languages for cricket, football, and other sports.[1][2] The idea emerged to build a social community for fans, which quickly expanded to include gaming features like live streaming and video sharing, attracting nearly 5 million users averaging 24 minutes daily engagement by around 2020.[2] Pivotal moments include a ₹5 crore investment from Paytm's One97 Communications in 2020, multiple strategic shifts—from sports engagement to live commentary, then game streaming—and a major pivot to gaming commerce with Rooter Shop's launch, culminating in $40 million total funding from investors like Lightbox Ventures, March Gaming, and Duane Park Ventures.[1][2][3]
Rooter rides India's gaming frenzy amid a $160 billion global market, capitalizing on explosive growth in esports, live streaming, and in-app commerce as smartphone penetration and digital payments surge.[1][3] Timing is ideal post its third pivot to gaming commerce in 2024, aligning with rising demand for integrated content-to-purchase experiences in a crowded streaming space dominated by global players.[1] Market forces like cost-effective mobile gaming in emerging markets and publisher needs for local distribution favor Rooter, positioning it as India's top game streaming platform influencing the ecosystem by empowering creators, localizing content, and bridging entertainment with revenue for brands and gamers.[1][3]
Rooter is poised to deepen its commerce dominance, expanding Rooter Shop beyond gaming into adjacent digital categories while leveraging its user army for more tournaments and publisher deals. Trends like AI-driven personalization, Web3 gaming integrations, and India's projected $10B+ gaming market by 2030 will shape its path, potentially fueling further funding or an IPO.[1][3] As it evolves from streaming pure-play to commerce leader, Rooter's influence could redefine fan monetization in Asia's esports boom, solidifying its role as the go-to platform for gaming joy and profit—echoing its origins in connecting passionate communities.
Rooter has raised $25.0M across 1 funding round. Most recently, it raised $25.0M Series A in January 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2022 | $25.0M Series A | 1Up Ventures, Dune Ventures, foobar.vc, Galaxy Interactive, March Capital, Sequoia Capital, Eden Chen, Jaroslav Beck |