WinZO and Kalaari Capital launch “Gaming Lab” with $500k investment

New Delhi, Nov 22, : WinZOs domestic gaming platform announced Monday a joint venture with Kalaari Capital called "Gaming Lab" -- in order to support and encourage the Indian gaming industry.

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, Indias 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/n #WinZO #Kalaari #Delhi.