New Delhi, Nov 22, : , WinZO’s domestic gaming platform announced Monday a joint venture with Kalaari Capital called “Gaming Lab” — in order to support and encourage the Indian gaming industry. The ‘Gaming Lab,’ which will be unveiled at the GameCon 2021 conference in November 26th, would invest in all types of interactive entertainment apps for India.
Its flexible corpus starts at more than half a million dollars.
WinZO claims that it boasts a premium user base of more than 65 million users.55% of the user base is willing to pay for play and will spend at least 60 minutes daily on WinZO.
We are in a strategic sound place because of our knowledge of technology, India’s real pulse and the online gaming revolution that we are seeing as a country.
Combining these capabilities, we can provide the necessary support in terms of capital, guidance, and strategic help in order to advance this socio-economically crucial ecosystem,” Saumya Sing Rathore (co-founder of WinZO), said in a statement.
The Gaming Studios and Companies will benefit from the association with WinZO which has over 80 games in more than 12 languages.
WinZO announced recently a $20 Million Game Developer Fund III.It will support gaming companies in revolutionizing the gaming industry through video streaming and game tech innovations.
India is poised to disrupt the $200 billion global gaming market.
WinZO stated that the ‘GameCon 2021 conference’ will provide a forum where leaders in industry will talk about how blockchain, AR/VR and NFTs (nonfungible tokens), can be used to create new models of monetization such as play to win rewards.
wh/na #WinZO #Kalaari #Delhi
.
