? Later Stage VC
New Delhi-based mobile social gaming platform WinZo has raised $18m in a Series B round led by Makers Fund and Courtside Ventures, with participation from Kalaari Capital
WinZo’s exclusive advisor Revant Bhate and co-founders Paavan Nanda and Saumya Singh Rathore have also participated in the round
The money raised will go towards increasing content pipeline and strengthening its position on the mobile market
? Previous Rounds
In July 2019, Winzo raised $5m in a Series A round led by Kalaari Capital and Hike
? Products
WinZo is a real money gaming platform that hosts games of third-party developers on its Android app
Currently, Winzo supports 12 languages and has over 70 multiplayer games made by 30 developers
The company also has 25 million of registered users, who spend an average of 45 minutes on the platform per day and make over 1 billion micro-transactions per month. It is worth noting that 80% of WInZo’s user base has come in the last 12 months
SOURCES: NEWONNEWS
