Paytm launches new rummy and fantasy games on its portal

Leading e-commerce and digital wallets portal Paytm has recently launched rummy an👍d fantasy sports games on its 💜mobile 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 b🔴ehemoth Alibaba is also an investor).

The fantasy sp🐼orts app of Gamepind, , presently offers daily fantasy games of cricket, football and kabaddi.

Currently, neither the fantasy sports or rummy games are offered for real mone🎃y on the company’s app. While fantasy games can be played using ‘beans’ or points that can be purchased on the Paytm portal, only a free-to-play version of the rummy game ca𒉰n 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 portals in the n🌟ear 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 45%. Both companies had stated that they would be jointly infusing $16 million in the ve🅰ntuꦿre.

Currenওtly, besides fantasy sports and rummy, the Gamepi🥂nd platform offers games like trivia, quizzes, ludo and other social and casual games.

With𒁃 a valuation of over $16 billion 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, B𒉰erkshire Hathway and SAIF partners.