Paytm-backed Gamepind rebrands itself as FirstGames, looks to raise $30 million
Paytm-backed real money gaming platꩵform Gamepind has decided to rebrand itself to FirstGames.
Gamepind, which is a joint venture between Paytm’s parent company One97 Communications Limited and Alibaba Group owned gaming te💟chnology provider AGTech Holdings, is also reportedly looking to raise further capital of US$30 million to expand its gaming platform and scale it with more games.
One97 Communications aℱnd AGTech had infused US$16 million in Gamepind Entertainment Private L🤡imited last year.
Gamepind (now Paytm FirstGames) has claimed that in a short span of less than one year, it has garnered over 30 million registered users on its platform.
The company offers casual games such as ludo, snake wars, badlands, 8 bnall pool as well as skill games such as rummy, fantasy sports, trivia and live quiz on its platform as well as on the Paytm website and mobile app😼.
Gamepind is reportedly currently clocking Gross🥀 Merchandise Volume of 🧜Rs. 20 crore monthly, which it hopes to increase to Rs. 28-35 crores during the ongoing ICC Cricket World Cup.
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