Reliance Industries entered the e-sports industry through a partnership with BLAST Esports Ltd. Reliance Industries Ltd (RIL) operates RISE Worldwide Ltd as its wholly-owned subsidiary to develop e-sports in India through a joint venture with BLAST Esports Ltd which operates under BLAST ApS.
The partnership seeks to tap into India’s expanding gaming market through the combination of Reliance’s extensive resources with BLAST’s worldwide e-sports tournament expertise. The new venture will host major gaming competitions while developing athletes and enhance India’s standing in competitive gaming.
The Indian e-sports industry has experienced explosive growth because of digital adoption increases and rising online gaming popularity. Through this joint venture Reliance Industries plans to invest heavily while creating innovative solutions that will develop a more organized competitive e-sports environment.
The partnership between these companies will create new possibilities for gamers while establishing India as a major force in worldwide e-sports competition according to industry analysts. Reliance implements this partnership to support its digital strategy by expanding its entertainment and technology-based business operations.