UPTHRUST Esports Featured on the Shark Tank India Season 2: Check Valuation, Ask, and final results – The Indian gaming and esports community is excited about the appearance of Upthrust Esports on Season 2 of Shark Tank India. The company’s founder, Kartik Sabherwal, and head of business development, Vaibhav Rathore, presented their business to a group of investors with the aim of raising INR 75,00,000 ($90,664 USD) in exchange for a 3% stake. The episode was aired on Sony LIV at 22:00 (IST) on the same day. For more information about the outcome of the pitch and the valuation of the gaming company, check below. For future updates on Gaming and Esports, follow InsideSport.IN
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UPTHRUST Esports Featured on the Shark Tank India Season 2: Check Valuation, Ask, and final results
On an appearance on Shark Tank India Season 2, Kartik Sabherwal said,
“We are extremely thankful to our community and our audience, who have made this ultimate goal possible. We ask for nothing, but support from all the community members at this beginning of the gaming and esports era. Please show your tons of support on our episode and let’s take esports to new heights together.”
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Upthrust Esports failed to secure the desired funding from the Sharks. Despite this, their appearance on Shark Tank India was a significant milestone for the esports organizing company and the industry as a whole in India. The exposure on national television allowed the company to reach a wider audience, making it a positive step forward for the growth of esports in the country.
Upthrust Esports is known for hosting online gaming tournaments and has created several popular tournament brands, such as Pro Showdown, Ranbhoomi, Gamers On Ground, Survivor’s Throne, and Gaming Fest. In addition to organizing tournaments, the company provides production management, talent management, brand engagement, and product marketing services. Although Upthrust Esports was unable to secure the funding it sought from the investors, the fact that they were featured on national television is a positive step for the growth of the esports industry in India.
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