Paytm-backed Gamepind rebrands itself as FirstGames, looks to raise $30 million
Paytm-backed real m🤡oney gaming platform Gamepind has decided to rebrand itself to FirstGame🥃s.
Gamepind, which is a joint venture between Paytm’s parent company One97 Communicatio🌳ns Limited and Alibaba Group owned gaming technology 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 and AGTech had infused US$16 million in Gamepind Entertainment Private Limited last year𒉰.
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 platfor🏅m as well as on the Paytm website and mobile app.
Gamepind is reportedly currently clocking Gross Merchandise Volume of Rs. 2☂0 crore monthly, which it hopes to increase to Rs. 28-35 crores during the ongoing ICC Cricket World Cup.
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