Focused on planning and distributing online gaming events, Upthrust Esports is an Indian esports firm. By organizing live-streaming events, competitive gaming contests, and a venue for both professional and amateur players, the company is becoming important in the developing esports industry. Through partnerships with gaming brands, sponsors, and gaming communities, Upthrust Esports leverages a profitable industry as mobile gaming and digital content consumption rise. Their activities appeal to a broad audience including casual, professional, and gaming aficionados. Upthrust Esports wants to improve the gaming experience, increase participation, and generate esports sector monetizing possibilities by using social media and digital platforms.

Company Name: Upthrust Esports

Founder: Kartik Vaibhav

Product: Online Gaming Events Broadcast

Highlights

1. Hosting esports tournaments across several gaming titles online.
2. Live streaming and broadcasting offers esports events professional coverage and analysis.
3. Engagement of the community: fosters a vibrant gaming community.
4. Working with sponsors and gaming firms, brands help to profit from esports tournaments.
5. Targets India’s fast expanding esports and gaming sector.

Pitch Details

Ask: ₹75 lakhs for 3 % equity, valuing the company at ₹25 crores.

Deal: After negotiations, deal couldn’t happen

Investors: NO DEAL

Conclusion: Emphasizing market potential and its capacity to provide top-notch gaming events to a rising audience, Upthrust Esports made a strong case showing its place in the Indian esports scene. Though esports is becoming more and more popular, the company struggled to get financing, maybe because of issues with scalability, monetizing techniques, or competitiveness in the esports market. Although they did not get money from the sharks, their involvement on Shark Tank India helped the gaming sector get credibility and attention. Focusing on invention and teamwork to help Upthrust Esports maintain its place in the industry, it keeps growing.

Key Takeaways from the Episode

1. Investors may negotiate reduced equity; know your value but be open. Be flexible on valuation.
2. Show traction and customer interest; a unique product is not sufficient.
3. Great ideas must have a clear road for development and profitability if they are innovative.
4. Know your finances; be ready with income, margins, and customer acquisition expenses.
5. Execution is everything. More than just an idea, a sound company model and efficient operations count.