Paytm launches new rummy and fantasy games on its portal

Leading e-commerce and digital wallets portal Paytm has recently launched rummy and fantasy sports games on its mobi♚le app.

The rummy and fantasy sports ꧃games are accessible on the Paytm homepage and are operated by the ‘Gamepind’ brand, the skill gaming joint venture between Alibaba-backed Chinese technology company AGTech and🌳 One97 Communications Limited (the parent company of Paytm, in which Chinese behemoth Alibaba is also an investor).

The fantasy sports app of Gamepind, , presenꦚtly offers daily fantasy games of cricket, 🌱football and kabaddi.

Currently, neither the fantasy ꩵsports or rummy games are offered for real money on the company’s app. While fantasy games can be played using ‘bean✱s’ or points that can be purchased on the Paytm portal, only a free-to-play version of the rummy game can be played on the app using non-monetary points.

It is however understood that real money options of daily fantasy sports and rummy will be offered through the Paytm and Gamepind 𓃲portals in the near future🔯.

Last year, Paytm had announced that it had formed a Joint Venture with AGTech to start Gamepind a casual and skill gaming portal, where Paytm would hold 55% stake while AGTech holds the balance 𒁏45%. Both com꧙panies had stated that they would be jointly infusing $16 million in the venture.

Currently, besides fantasy sports and rummy, the Gamepind platform offers 🧔games like tri꧑via, quizzes, ludo and other social and casual games.

With a valuation of over $16 billioꦬn or over Rs. 1 lakh crore, Paytm, one of the largest e-commerce companies in the world, is the biggest Indian entity to enter the skill gaming space. The investors of the company include♔ Alibaba, Berkshire Hathway and SAIF partners.