Qlan, the exclusive social networking app tailored for gamers and esports enthusiasts, has successfully raised pre-seed funding to support its growth and enhance its networking, discovery, and content creation capabilities.
Having previously operated as a bootstrapped startup, Qlan underwent an extensive six-month beta testing phase before launching its full version in January 2023, resulting in over 100,000 combined downloads. With a dedicated team of over 20 professionals, the early-stage startup experienced organic growth and attracted a user base of more than 50,000 gamers.
Qlan secures $200k pre-seed funding for accelerated growth
The company has established itself as a thriving hub for gamers and esports enthusiasts, with early adopters across various regions including the Indian subcontinent, Central Asia, Southeast Asia, Europe, North & South America, South Africa, and the MENA regions. This success has led to a successful pre-seed funding round, drawing significant support from notable investors such as Marwah Sports, CIIE.CO, and Faad Network.
The investments received will enable Qlan to empower gamers worldwide by providing them with an engaging and seamless networking experience. Sagar Nair, Co-founder and CEO of Qlan, expressed excitement about this funding round and emphasized the potential of Qlan and the global gaming and esports industry. The primary focus now is scaling the platform, optimizing user experience, and gaining deeper insights into the community’s needs. With the support of investors, Qlan aims to elevate its platform to new heights and empower the growing global community of gamers.
The investors backing Qlan, including Marwah Sports, CIIE.CO, and Faad Network, have a distinguished track record of supporting successful ventures in the past. Marwah Sports, for instance, has backed prominent ventures in sports hardware manufacturing and sports tech companies. CIIE.CO, known for its innovation continuum, has accelerated and funded numerous startups, while Faad Network Limited has a significant presence in the Esports domain.
The global esports market, valued at USD 1.08 billion in 2021, is projected to reach USD 2.8 billion by 2028, driven by digitization and affordable advanced gaming technologies. Qlan intends to utilize the funds raised in the pre-seed round to expand its platform, strengthen its team, and leverage its technologically advanced product, which prioritizes user-centric principles.
