OnePlay Bags Funding From Baring Capital, Kunal Shah, Others To Help Users Play Online Games Without Hardware

OnePlay Bags Funding From Baring Capital, Kunal Shah, Others To Help Users Play Online Games Without Hardware

SUMMARY

The round saw participation from CRED’s Kunal Shah, Jupiter’s CEO Jitendra Gupta, and Suraj Nalin of PlaySimple Games, among others

The startup will use the funding to scale up R&D on hardware, optimise video encoding and decoding technology and hire more

India's gaming space is expected to cross more than $8.6 Bn in revenue by 2027

Cross-platform cloud gaming platform OnePlay has raised $1.8 Mn in a strategic funding round led by Baring Capital. The round also saw participation from Inflection Point Ventures, and other angel investors such as CRED’s Kunal Shah, Jupiter’s CEO Jitendra Gupta, Suraj Nalin of PlaySimple Games, and Gupshup’s CFO Amit Shrivastav, among others. Founded in 2019 by Harshit Jain and Abhik Saha, OnePlay is a decentralised and open-source cloud platform that allows users to stream games. The platform enables users to play games ‘without a gaming rig or the need for expensive hardware.“On the B2B side, we are in talks with telcos across the globe. We will try to bundle our services with their subscriptions, just like how Netflix is doing as part of content, and then we will be their gaming partner for them and they can onboard the people for us. For 5G, the biggest use case is gaming and we are moving forward with the approach as to how we can utilise that in our favour,” Jain told Inc42.

Speaking with Inc42, OnePlay’s cofounder and CEO Harshit Jain said that the startup will use part of the funding to scale up research and development (R&D) on hardware and to optimise the video encoding and decoding technology. 

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