Indian businessman Ronnie Screwvala set to invest $15 million in eSports

Ronnie Screwvala, who made his money in film and TV in India, is set to invest almost $15 million into eSports in order to launch a major league in the country. 

Screwvala’s company USports is looking to set up the competition, and is looking to broadcast it on TV both locally and internationally. The competition will be known as the UCypher League and will feature ten teams competing across PC, console and mobile. There will be two seasons a year, much like ELEAGUE, although dates for these are also unknown. 

Specific players or games have not been announced, but Sportskeeda reports that Counter Strike, Dota 2, FIFA and Clash of Clans are the frontrunners to be selected. 

“We have been planning an esports league for a long time now,” said Screwvala when talking to Sportskeeda. “We were waiting for the correct time as there was not enough participation before. However, smartphones have changed the game for Indian esports. Also, with the introduction of fibernet and cheaper pricing of consoles, number of gamers are increasing in number everyday. There will be no franchise selling in the first year, but yes we are targetting TV broadcasting.”

About MCV Staff

Check Also

Ukie Esports Report Front Cover

[From the industry] Esports in the UK – new Ukie report looks into size and growth of sector

New report shows that the sector has grown at an average rate of 8.5% annually between 2016 and 2019