In September this year, WinZO Games raised $18 million in Series B Round which was led by Singapore-based Makers Fund and New York's Courtside Ventures
The general partner of Lumikai believes the mobile gaming category is finding the brightest spot even as other businesses face the heat owing to the coronavirus outbreak
The firm in a statement said the fresh funds by Leo Capital and Ramakant Sharma will be utilized to hire talented game makers in India and grow internationally
The new application allows users to sign in with their existing Facebook accounts, follow popular gamers, watch live streams and interact, apart from of course allowing users to play and broadcast their games as well.
Even as businesses across sectors face the heat of an extended countrywide lockdown owing to the Coronavirus outbreak, there are some who have managed to find a silver lining. One such area is online gaming, which has seen a welcome spike.
Once considered a novelty reserved for males, online gaming has seen the number of woman players growing steadily due to ease of access, incentivization and awareness.
At 31, Sai Srinivas has already founded two successful start-ups-Creo and Mobile Premier League, with the latter having 32 million registered users on its platform.
New Delhi-based BalleBaazi, which raised $4 million in funding earlier this year and has Yuvraj Singh as its brand ambassador, wants to become the one-stop shop for everything sports in India.
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