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When the government announced a countrywide lockdown in March, the online gaming industry was one of the few online services to benefit from people staying at home. As a result, investor’s interest in the segment has also grown manifold with them pumping funds to tap into the opportunity.
One such online gaming company is Delhi-based WinZO, which recently raised USD 18 million in Series B funding round led by Singapore-based Makers Fund and New York’s Courtside Ventures.
However, one big hurdle for gaming companies in India is to generate revenue as data shows that most Indians opt for free online games. This is considered to be a major reason behind the slow growth of Indian gaming industry and for Indian developers to have been reduced to meagre back offices for international brands.
In an interaction with Entrepreneur India, Rathore talks about her as well as her company’s journey and its future plans.
From Trivia To Full Fledged Social Gaming Platform
Before starting WinZO Games, Rathore has held a long, successful corporate career working with the likes of KPMG and Times Group. In the later part of her career, she along with Pavaan Nanda, who is co-founder and chief executive officer of WinZO Games worked at ZO Rooms and Zostel, Tiger Global backed hospitality ventures.
Paavan Nanda, CEO and co-founder, WinZO Games
After ZO Rooms’ acquisition by OYO, Rathore and Nanda decided to take the entrepreneurial plunge and tap into the huge opportunity that the combination of the internet economy and country’s