CALCULATE YOUR SIP RETURNS

Back To Back Upper Circuit: Colab Share Price Hits 2% Upper Circuit; Gains 50% From Lows

Written by: Team Angel OneUpdated on: 2 Jul 2025, 4:54 pm IST
Colab share price hits 2% upper circuit with back-to-back gains, rising 50% from lows after entering India's esports ecosystem.
Back To Back Upper Circuit: Colab Share Price Hits 2% Upper Circuit; Gains 50% From Lows
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

India’s digital gaming ecosystem is witnessing rapid evolution, and Colab Platforms Limited has emerged as one of the companies riding this wave. 

This article breaks down the company’s latest announcement and its broader significance in the context of India’s booming esports landscape.

Colab Makes Strategic Move Into Esports

Colab’s Board of Directors formally announced the company’s entry into the esports sector. The company aims to build India’s most rewarding and transparent competitive gaming ecosystem, catering to both aspiring and professional gamers. The timing coincides with growing momentum in esports, both in India and globally.

India’s Esports Sector Set For Exponential Growth

India has more than 594 million online gamers, making it one of the largest gaming markets globally. The pure-play gaming industry reached ₹6,715 crore in 2024 and is expected to cross ₹10,487 crore by 2026, growing at a compound annual rate of 24%. Esports is forecasted to contribute over ₹1,100 crore to the economy by 2025, with more than 1.5 million esports athletes participating.

With support from the Ministry of Youth Affairs and Sports and esports’ inclusion in the Asian Games, the sector is receiving institutional and cultural recognition.

Key Features Of Colab’s Esports Platform

The new esports venture will be built on a player-first approach, offering:

  • Low-entry, high-frequency competitive formats
  • Creator-led tournaments to attract streaming communities
  • Proprietary servers starting with Counter-Strike 2
  • Phased expansion into AAA and mobile gaming formats

Colab’s vision is to provide a structured environment where gamers can train, compete, and grow professionally.

Part Of A 360° Sports-Tech Vision

The move into esports is a natural extension of Colab’s broader plan to develop a complete sports-tech ecosystem. This includes:

  • A ₹250 million accelerator programme for sports-tech innovation
  • Collaborations with streamers and league organisers
  • Future expansions into virtual reality, gamified fitness, and mobile esports
  • Integration with Colab’s athlete development and fan engagement verticals

This end-to-end approach aims to support players from grassroots to professional leagues.

Leadership Insight: Esports As A Career Path

Mr. Puneet Singh, Managing Director of Colab Platforms, stated “Gaming is no longer just a hobby. It is becoming a professional path, a scalable income stream, and a cultural movement. With the upcoming Olympic Esports Games and massive domestic interest, Colab Esports is here to help players convert passion into real growth.”

Read More: HDB Financial Services Share Price Surges 13% from Issue Price on Listing Day

Colab Share Price Performance

Colab share price has gained significant investor attention after hitting back-to-back upper circuits since June 18, 2025. With another 2% upper circuit on July 2, 2025, the stock has now surged 50% from its recent lows of June 18. 

Conclusion 

Colab’s move into esports comes at a time when the sector is gaining institutional and economic relevance. The company’s positioning reflects the rising momentum of gaming in India.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Jul 2, 2025, 11:24 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers