Qlan Secures $200K Pre-Seed Funding Led by Marwah Sports, CIIE.CO, and Faad Network

• ByStartupStory     |    June 28, 2023

Qlan, the exclusive social networking app designed for gamers and esports enthusiasts, has successfully secured $200,000 in pre-seed funding to fuel its expansion plans and enhance its capabilities in gamer networking, discovery, and content creation. The funding round was led by notable investors Marwah Sports, CIIE.CO, and Faad Network, all of whom recognized Qlan’s potential to make a positive impact on the gaming industry.

Having undergone a six-month beta testing period, Qlan officially launched its full version in January 2023. With over 100,000 combined downloads and a user base of more than 50,000 gamers, the platform has quickly established itself as a thriving hub for gamers and esports enthusiasts across various regions, including the Indian subcontinent, Central Asia, Southeast Asia, Europe, North & South America, South Africa, and the MENA regions.

Sagar Nair, Co-founder, and CEO of Qlan expressed his excitement about the funding round, stating, “The pre-seed funding round signifies an exciting new phase for Qlan, and we are delighted to have Marwah Sports, CIIE.CO, and Faad Network as backers. This demonstrates the remarkable potential of Qlan and the burgeoning global gaming and esports industry. Our primary objective now is to scale our platform, optimize user experience, and gain deeper insights into our community’s needs. With the invaluable support of our investors, we are poised to elevate Qlan to new horizons and empower the ever-expanding global community of gamers.”

Qlan aims to utilize the funds to expand its gamer community, gain deeper insights into user preferences, and establish a strong product-market fit. The social networking app seeks to provide an engaging and seamless networking opportunity for gamers worldwide.

The global esports market is rapidly growing, with a projected value of $2.8 billion by 2028. Qlan’s focus on user-centric principles and its technologically advanced product positions it to capitalize on this growing industry.

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