In a move to shape the future of digital sports in India, Colab Platforms Limited (BSE: 542866), leading sports tech and gaming company has announced its foray into the billion-dollar Esports market with a vision to build India's most rewarding competitive gaming ecosystem. Company is building a player-first competitive gaming platform for India's digital-first generation.
Backed by a vision to create a digital-first competitive environment, Colab Esports enters the arena at a time when India's gaming industry is reaching new heights. According to recent industry reports, the Indian pure-play gaming sector has touched ₹6,715 crore in 2024 and is projected to cross ₹10,487 crore by 2026, registering a compounded annual growth rate of 24 percent. India has the potential to become a global Esports hub with over 594 million online gamers and one of the world's youngest digital populations. With its inclusion in events like the Asian Games and discussions around Olympic recognition, esports is expected to contribute Rs.1100+ crore to India's economy by 2025, with over 1.5 million esports athletes and growing.
This new venture will focus on building India's most transparent, skill-based esports infrastructure, designed for both casual and pro gamers, where aspiring players can train, compete, and grow in a competitive yet supportive environment. Through this initiative, Colab Platforms seeks to become a catalyst in shaping India's next generation of digital athletes-not just by offering a competitive platform, but by nurturing the entire journey of a player from casual gamer to professional esports talent that can compete in global leagues and represent Indian esports on the Global stage.
Backed by Colab's robust digital and operational ecosystem, the platform will feature low-entry, high-frequency competitive formats, creator-led tournaments, and proprietary game servers-starting with Counter-Strike 2 (CS2) and expanding into AAA and mobile titles in phases.
Venture into Esports aligns with Colab's broader vision of building a 360° sports ecosystem, which already includes ventures in sports commerce, athlete development, fan engagement tools, and sports-tech innovation. It will also synergize with Colab's existing initiatives:
- Integration with Colab's Sports Innovation Accelerator for esports startups
- Co-branded streamer partnerships and leagues for visibility and user acquisition
- Expansion into mobile esports, VR arenas, and gamified fitness formats in future phases
Government initiatives like eSports recognition under the Ministry of Youth Affairs & Sports, and growing corporate and academic interest, are further fueling this momentum.
"Gaming is no longer just a hobby, it's evolving into a legitimate profession, a scalable income opportunity, and a powerful cultural force," said Mr. Puneet Singh, Managing Director of Colab Platforms Limited. With over 594 million gamers in India, the upcoming Olympic Esports Games, and increasing institutional backing, the esports sector presents a high-growth, undercapitalized opportunity. Colab Esports is built to capitalized this opportunity-giving players a platform to compete, earn, grow, and turn their passion into real progress."