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Oneiric Gaming Raised Angel Funding to Boost E-gaming Community

The online gaming industry is expected to take over leading streaming platforms in the next decade by revenues
BY BEx Bureau
BusinessEx
Dec 29, 2020

Trishneet Arora, the Founder and CEO of TAC Security a global leader in risk and vulnerability management ventured out into the rapidly growing market of online gaming by investing in gaming company, Oneiric Gaming. Oneiric Gaming is a mover and shaker in the gaming company that recently launched its flagship game Bluff. The firm aims to disrupt the gaming world and expose the mass to a new dimension of gaming and adventures while making dreams a reality.

Trishneet Arora said, "We strongly believe that e-gaming will dominate the future and the industry will generate more revenue than traditional games. And its growth seems to be no end in the future. However, nothing can replace the traditional 'real' gaming, which still has a bigger following than the budding e-gaming community."

Arora highlighted, "With the growing e-gaming industry and the 'Make in India' campaign gaining momentum, there are a lot of greater opportunities for the domestic firms and homegrown developers in the county."

On being asked, why you invested in such a young company, he replied, "I like the vision that Oneiric Gaming has for the e-gaming community in India. There was a time when no one pays heed to online gaming in India but look at now how our country is getting pace. With the growing e-gaming community, now India is considered to be a top destination for e-gaming tournaments across the globe. I am fully committed to promote Indian developers and contribute to the growth of e-gaming in the country."

The online gaming industry is expected to take over leading streaming platforms in the next decade by revenues. India's domestic online gaming industry is also predicted to cross the $1-billion mark by the end of 2021. It is further expected to be valued at $3.7-billion by 2024.

Oneiric Gaming Founder Avneet Singh said, "Gaming is an emerging field of entertainment that has continued to grow exponentially even during the COVID-19 pandemic. However, there is a huge gap in the Indian gaming industry. It continues to be dominated by foreign players. But, Oneiric Gaming hopes to fill in some of that gap with its innovative gaming products."

"Leveraging on the country's growing online gaming space, Oneiric has already launched its first online card game called Bluff on both IOS and Android play store. Bluff was well received by the gaming community and has launched 2 games within 6 months. Cricket-Death Overs and planning to launch 5 more games by March 2021. Bluff Game would have over million users by June 2021."

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