Rooter Sports Technologies Private Limited has raised approximately ₹132.3 crores ($16 million) from its ‘Pre-Series B Investment’ round wherein the investment was a combination of debt and equity investments and was led by Lightbox Ventures III, followed by investments from existing investors along with witnessing participation from new investors.
Ahlawat & Associates advised Rooter on this transaction.
The transaction team was led by Uday Singh Ahlawat (Managing Partner) and consisted of Sheena Ogra (Partner), Shweta Singh (Senior Associate), Shramona Sarkar (Senior Associate), Himanshu Seth (Associate) and Akanksha Arora (Associate).
The Firm has been associated with the Company since its inception and this deal marks A&A’s yet another accomplishment in executing and closing this momentous funding round for the Company.
Rooter Sports, with its registered office in Delhi, is engaged in the business of operating a gaming platform and, or a gaming content platform, including but not limited to a streaming platform for gamers around the world. The Company has emerged as the largest player in the Indian games streaming category with over 50 million downloads, making it the #1 application in the ‘Sports’ category on Google Play Store since October 2020 and catering to over 1 million active creators on its platform on a monthly basis.
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