GameCentric secures $1.5 million angel investment to fuel growth in MENA

 

Indian gaming platform GameCentric has raised $1.5 million (AED 6 million) in capital from Dubai-based angel investor Bilal Merchant.

After going live in December 2023, GameCentric plans to use its newly secured funds to triple its user base across the MENA region which is projected to reach 88 million gamers by 2026.

In line with its vision to “transform the industry,” GameCentric also plans to adopt new technologies to stay competitive while also introducing new offerings for brands, game publishers, and players as it aims to become a digitally native platform and incorporate digital asset features including cryptocurrencies by 2025.

Saad Khan, CEO of GameCentric says, “Our aspiration is not just to be a gaming platform but a cultural phenomenon transcending borders. Collaboration with industry leaders, community-driven programs and an unwavering commitment to have the best user experience drives all of our future initiatives.”

Strategic partnerships

As part of its launch strategy and “deliver an exceptional gaming experience,” GameCentric has teamed up with the KSA’s POWReSports to “boost its gamer acquisition strategy” and support the expansion of its ecosystem across the regional gaming scene.

“GameCentric’s visionary strategy in seamlessly connecting brands with gamers, coupled with their unwavering commitment to integrating cutting-edge technologies such as crypto and Web3, has left an indelible impression on me,” said businessman and investor Bilal Merchant. “Their innovative approach positions them as disruptors in the gaming landscape, poised to create a distinctive and rewarding experience for players worldwide.”

Backing their vision, GameCentric has also garnered support from LIV, one of UAE’s largest digital banks powered by Emirates NBD. Future initiatives will involve partnerships with well-known game publishers and the creation of community-driven programs aimed at enhancing engagement on the platform.

Source: pocketgamer.biz

Peter Tolan is a Junior Content Editor for the HIPTHER network, where he has quickly established himself as a versatile voice in the global iGaming and technology sectors. Operating across the network's specialized platforms, Peter leverages a deep understanding of the European and American gaming landscapes to deliver high-impact, B2B intelligence. He is a key contributor to the "Evolution" side of the industry, specializing in the analysis of online gaming trends, the fast-paced world of esports, and the integration of deep-tech innovations. With a sharp eye for emerging technologies, Peter ensures that the HIPTHER community remains at the forefront of the global digital revolution.