? Later Stage VC
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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
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WinZo’s exclusive advisor Revant Bhate and co-founders Paavan Nanda and Saumya Singh Rathore have also participated in the round
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The money raised will go towards increasing content pipeline and strengthening its position on the mobile market
? Previous Rounds
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In July 2019, Winzo raised $5m in a Series A round led by Kalaari Capital and Hike
? Products
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WinZo is a real money gaming platform that hosts games of third-party developers on its Android app
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Currently, Winzo supports 12 languages and has over 70 multiplayer games made by 30 developers
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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
