Mumbai Angels Network, a platform for early-stage investments, has participated in a $1.1 million seed round for EsportsXO, a SaaS-based tournament platform designed for gaming enthusiasts. This round also saw We Founder Circle, SucSEED Indovation Fund, FAAD Network, SOSV, and other investors.

• What is Stock Order : Types, Differences & How Order Works
• India’s Business Activity Hits 3-Month High in Nov Amid Rising Costs
• Trudeau to Cut Sales Tax and Send Checks to Canadians Ahead of Election
• Ashwini Vaishnaw Encourages German Companies to Invest in India
• Flipkart Appoints Dan Bartlett to Board

“EsportsXO’s USP lies in the SaaS tool, built to focus on their product strategy, with other aspects creating a flywheel effect for the platform. This funding is a testament to their growth and progress, and we believe that it will help the platform reach greater heights,” added Nandini Mansinghka, co-founder & CEO, Mumbai Angels Network.