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Colab Platforms Hits 5% Upper Circuit on Esports Entry to Build India’s Top Competitive Gaming Ecosystem

Written by: Team Angel OneUpdated on: 23 Jun 2025, 8:35 pm IST
Colab Platforms share price hits 5% upper circuit at ₹31.19 as of 1:50 PM on June 23 after announcing its entry into Esports to build India’s top gaming ecosystem.
Colab Platforms Hits 5% Upper Circuit on Esports Entry to Build India’s Top Competitive Gaming Ecosystem
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Colab Platforms share price is in focus on Monday, June 23, 2025. The stock has rallied following the company’s announcement of entering the high-growth Esports sector. With this move, Colab aims to shape the future of competitive digital sports in India by creating the most rewarding gaming ecosystem for the country’s digital-first generation.

Colab’s Vision For India’s Competitive Gaming Ecosystem

Colab’s Esports venture is built on a player-first approach. It will support both casual and professional gamers with a transparent, skill-based infrastructure. The platform will feature low-entry, high-frequency formats, creator-led tournaments, and proprietary game servers. The first phase will focus on Counter-Strike 2 (CS2), with plans to expand into console and mobile Esports in subsequent phases.

Esports In India: A Billion-Dollar Opportunity

Esports in India is growing at a rapid pace. The industry is projected to contribute more than ₹1,100 crore to the Indian economy by 2025, with over 1.5 million active athletes. Globally, the Esports market surpassed $1.7 billion in 2024 and is expected to grow beyond $6 billion by 2030. With Esports gaining recognition through global platforms such as the Asian Games and discussions around Olympic inclusion, it is fast becoming a professional and recognised sport.

Seamless Integration With Colab’s 360° Sports Ecosystem

This new venture aligns with Colab’s larger vision of creating an all-round sports ecosystem. The company’s ongoing initiatives include athlete development, sports commerce, fan engagement, and sportstech innovation. The Esports arm will integrate with:

  • Colab’s Sports Innovation Accelerator to support Esports startups
  • Co-branded streamer-led leagues for increased reach and engagement
  • Future expansions into mobile gaming, virtual reality Esports, and fitness-based gamification. 

Read More: Zee Entertainment Share Price Soars 11% on Big Promoter Investment!

India’s Rising Esports Potential

India is already home to 594 million online gamers and boasts one of the youngest digital populations in the world. With the government now recognising Esports under the Ministry of Youth Affairs and Sports, and increasing corporate and institutional interest, India is on track to become a global Esports hub.

A Platform Where Skill Meets Opportunity

Mr. Puneet Singh, Managing Director of Colab Platforms Ltd, said, “Esports isn’t just the future of gaming—it’s the future of entertainment, career building, and digital identity. At Colab, we’re building an esports ecosystem where every match, every win, and every hour of gameplay creates real value for the player.”

Colab Platforms Share Price Performance

Colab Platforms Limited, a leading sportstech and gaming company, saw its share price hit the upper circuit of 5% to touch ₹31.19 as of 1:50 PM on June 23. 

Conclusion

Colab’s long-term ambition is to become the platform of choice for India’s gamers. By nurturing local talent and building a globally competitive infrastructure, the company aims to propel Indian Esports athletes onto the world stage.

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

Published on: Jun 23, 2025, 3:04 PM 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.

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