Tech Company Financing Transactions
Rooter Funding Round
On 1/26/2022, Rooter received $25 million in Series A financing from Lightbox, Advantage Capital Partners and Capital A Partners.
Transaction Overview
Company Name
Announced On
1/26/2022
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Lightbox (Lead Investor) (Sid Talwar)
Proceeds Purpose
We will use the capital in three areas: increasing user growth, creating a robust content creator ecosystem, and building a marketplace.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
2nd Floor Building No.55 Community Centre D-Block East of Ka
New Delhi, 110065
India
New Delhi, 110065
India
Phone
Website
Email Address
Overview
Rooter is India's Leading Game Streaming Platform. Rooter is at the perfect intersection of Gaming and Content surge in India. We added more than 18 mn users in last 12 months, with active MAU of 7.5 mn. We built a product that has 43% M1 retention and 29% M6 retention. It's a very sticky product. We have more than 550k creators streaming on Rooter per month.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Piyush Kumar
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