Indonesia-based gaming e-commerce platform VCGamers has received a US$2.6 million seed round of financing, co-led by Beenext and Rans Ventures.

The round is joined by Google executive Ari Fadyl and Collab Asia Vice President Jerry Soer.

With this deal, VCGamers’ valuation has touched US$20 million, said a company statement.

The startup plans to use the fresh money to speed up product development and expand to another country in Southeast Asia.

Also Read: Mobile, e-sports, live streaming shaping SEA’s gaming startup landscape in 2021

Established in 2021 by Isya Sony Subrata, Wafa Taftazani, Hartanto Lee, and Ibnu Anggara, VCGamers is an online marketplace for in-game currencies, items, and services. The platform enabled users to interact and build e-sports teams or organise tournaments.

The company is currently working on its own crypto token called VCG, which users can use for transactions on the platform.

Rans Ventures is an early-stage VC firm run by Indonesian influencers Raffi Ahmad and Nagita Slavina.

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