Game content-to-commerce platform Rooter has reported a 120 per cent year-on-year increase in revenue to USD 10 million (Rs 82 crore) in FY25, buoyed by strong performance in its commerce platform Rooter Shop. Rooter is a game streaming platform. Rooter Shop, its gaming commerce vertical, was piloted in July and started scaling in October. Rooter Shop is witnessing an average user spending of about Rs 2,400 per month on its platform, the company said. "The biggest contribution happened because of the success of Rooter Shop, which is our commerce play and that is now contributing 70 per cent of the overall revenue, while brand monetisation and other partnerships continue to be 30 per cent of the overall revenue," Rooter Founder and CEO Piyush told PTI. Rooter, tracking USD 24 million ARR (annual revenue runrate) currently, aims to achieve a revenue growth of 3-4 times this fiscal. The company has reduced its losses by 63 per cent in FY25. Piyush said the company is confident of ..
Online gaming and esports content platform Rooter has raised USD 16 million (about Rs 131 crore) in a growth round led by Lightbox, the company said on Thursday. The funding round also saw participation from Trifecta Capital, Pivot Ventures, Baldota Family Office, Global Play Media, Denlow Private Trust, Venture Catalysts and Potential Ventures. "Rooter has raised USD 16 million (Rs 131 crore) in a growth round led by Lightbox," the company said in a statement. The round, which was a combination of debt and equity, also witnessed participation from existing investors Duane Park Ventures, LeAD Sports & Health Tech Partners, ADvantage VC, Goal Ventures, Capital A and Astarc Ventures. "The company will be utilising the funds to strengthen its technology capabilities, sharpen its product bouquet and further enhance user experience on its platform. It will also be pursuing market expansion and cross-border growth opportunities, including potential strategic acquisitions," the statement
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