Signify disbands operations citing conflict of interest

Photo via: ESL

One of India’s leading and prominent esports organisation, Signify, will be seizing all its operations effective 1st July 2019. Signify brand and their accompanying teams will be dissolved.

Horizon Sports India Pvt. Ltd., the original creators of brand Signify had a conflict of interest over the structure of ownership with other partner Cobx Gaming Pvt. Ltd. Due to the no immediate solution to the conflict Horizon Sports decided it was for best of both players and management to seize operations of Signify.

In the past 2 years, Signify, both DOTA-2 and CS:GO teams have time and again proven their skills and won various renowned titles in the e-sports circuit in India and represented the country in various prominent tournaments internationally. From having rosters belonging to different countries to forming an all Indian team to introducing a brand-new CS: GO, team, Signify has come a long way. Unfortunately, as all good things come to an end, their journey too has come to end.

Addressing this decision, Mr. Rajdip Gupta, Co-founder, Horizon Sports mentioned, “With the interest of avoiding conflicts arising from the ownership structure of Cobx Gaming Private Limited and Horizon Sports Private Limited, we have decided to dissolve the Signify. Two years ago, we formed the team with the intention to promote professional gaming and expanding professional teams in India. Today, the E-sports ecosystem in India has flourished tremendously and there are multiple professional teams set-up, hence, we believe this is the right time step out and avoid any sort of conflict with Cobx Gaming as we are actively involved in organizing tournaments. We would also like to thank our players for giving the team their all and wish them the best for what lies ahead. As an organization, we will be doing everything we can to help the players secure the next step in their career and find their ground. We are sure with their skills and experience they will achieve great success.” 

Signify was founded in 2017, and since then Signify have proven their skills in both CS:GO and DOTA 2. Signify have won various renowned tournaments and have also represented India in various international tournaments. In these past 2 years, Signify had made major strides in Indian Esports. Unfortunately, every good thing comes to an end and similar Signify will be ending their short-lived 2-year journey on 1st July.

In the announcement Signify said:
“We would like to take this opportunity to thank everyone that has shown immense support towards them since they began their journey. Without the support of the media and their patrons, without the people who showed up at every meet and greet, without those loud cheers every time they were up on stage or without those that stood by them through all their highs and lows none of this would have been possible. Getting to meet so many fans and working with such amazing talent has been a dream come true for the players here at Signify.”

Currently, ESL India Premiership 2019 Summer Lan Finale will be the last tournament for the players under the Signify banner. This will also be the last chance for fans to watch their favourite team playing live on stage.

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