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 d🥂evelopers.

The games produced by the indigenous developers will be added by Winzo on its 𝓡platform, the company added.

C𝕴ommenting 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 initiat✅ive, we look forward to interacting with highly enthusiastic and top-notch talent, 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 is growing 50 per cent month on month. On one hand, large OTTs platforms are struggling to monetize in India, but 𓆉WinZO is facilita🅰ting 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 including fantasy𒁃 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.