WinZo Games announces $1.5 million fund to promote Indian game developers

Gurugram-based esports and real money gaming platform WinZo a US$1.5 million (Rs. 10 crore) fund to support and groom local Indian game deღvelopers.

The games produced by the✅ indigenous developers will be added by Winzo on its platf🥂orm, the company added.

Commenting on the announcement, Paavan Nanda, Co-founder, WinZO, said, “Through this fund, we are looking to partner with Gaming Studios as well as independent game developers by offering them an infrastructure to develop top quality content and a powerful platform to monetize their games from day one. A sector gets disrupted when the best brains of the world work actively towards unlocking its potential. Through this initiative, we look forward to interacting with highly enthusiastic and top-notch ꦐtalent, keen at creating a dent in the global gaming ecosystem”.

He further added: “WinZO’s social multi-player skill gaming platform clocked 100 million gaming minutes every day and has been able to successfully monetize this engagement. The company i🐭s growing 50 per cent month on month. On one hand, large OTTs platforms are struggling to monetize in India, but WinZO is facilitating the first-ever M&E transactions from the tier 2 or tier 3 audiences.”

Winzo Games () counts venture capital firm Kaalari Capital as one of its🅺 investors. It offers more than 25 real money skill games includ♍ing fantasy sports, space warrior, quizzes, carrom, virtual cricket, virtual basketball etc. on its app-based platform in ten languages, namely English, Hindi, Bangla, Tamil, Telugu, Kannada, Gujarati, Marathi, Punjabi, and Bhojpuri.