Rooter successfully completes a part of angel Investment round

Source : ANI
Last Updated: Mon, Oct 17, 2016 14:03 hrs

[India], Oct. 17 (ANI): Rooter, the world's first social platform that connects sports fans and engages them during live sporting events, has announced the successful completion of a part of its angel investment round.

Enabled by Kwan Entertainment Pvt. Ltd, the round was led by renowned Bollywood star Boman Irani and saw participation from Dhruv Chitgopekar and Prantik Dasgupta.

The funds secured will be used to strengthen the technology team at Rooter as well as to create strategic partnerships with various sports platforms, teams, fan clubs and associations.

Offering a chance for sports fans to connect with one another across real and virtual worlds, mobile-based platform that helps users engage with others sharing their passion.

With its focus on smart technology, Rooter takes sporting interactions beyond generic social media platforms by allowing fans to connect through pre-match quizzes and chat forums, unique Live match prediction games and post-match interactions in order to share their insights, predictions, analysis and opinions of the game.

Rooter was formed by two sports enthusiasts who decided to bridge the gap in the sports fan engagement market through a unique tech product. Piyush, Founder and CEO, and Soham Sinha, Co-founder and CTO, have built the product over the past 6-8 months along with a dedicated and passionate tech and content team.

"Rooter is based on the inherent need of sports fans to connect and interact with one another across the real and the digital worlds. The idea behind Rooter was unique and interesting, which is why we have been able to raise funds from investors such as Boman, Dhruv and Prantik. This comes as a major shot in the arm for us, and encourages us to push on and use technology to make the sports consumption experience even better and more enjoyable," said Founder and CEO, Rooter,Piyush.

The involvement of Kwan Entertainment, underlines the massive potential a concept such as Rooter has in the Indian as well as the global sports market. The investment into Rooter also marks the first time that Bollywood actor Boman Irani has invested in the growing start-up landscape.

"I am proud to be part of the world's first platform that connects sports fans and engages them to discuss, predict, quiz and even meet offline during the world's most exciting sporting events. With Rooter's unique approach, likeminded sporting buddies around the world are now one," said Boman Irani.

Rooter's primary emphasis will be on football events such as European club football seasons and Indian Super League (ISL).

The platform will also be offering engagement opportunities to cricket fans across India ahead of the ongoing cricket season. Other niche sports, such as F1 and NBA, will also be covered by Rooter, providing Indian sports enthusiasts a chance to interact with their peers and revel in their passion for their preferred sports.(ANI)



More from Sify: