News and developments

Ahlawat & Associates advised Rooter Sports Technologies Private Limited on its ‘Pre-Series B Investment’ round of USD 16 million, led by Lightbox Ventures III.

The deal value of the Pre-Series B Investment round amounted to approximately USD 16 Million. Rooter Sports, with its registered office in Delhi, is engaged in the business of operating a gaming platform and, or a gaming content platform, including but not limited to a streaming platform for gamers around the world. The Company has emerged as the largest player in the Indian games streaming category with over 50 million downloads, making it the #1 application in the ‘Sports’ category on Google Play Store since October 2020 and catering to over 1 million active creators on its platform on a monthly basis. A&A has been associated with the Company since its inception and this deal marks A&A’s yet another accomplishment in executing and closing this momentous funding round for the Company. Mr. Uday Singh Ahlawat, (Managing Partner) led the deal from A&A team and team included Ms. Sheena Ogra (Partner), Ms. Shweta Singh (Senior Associate), Ms. Shramona Sarkar (Senior Associate), Mr. Himanshu Seth (Associate), and Ms. Akanksha Arora (Associate).