Tag: Indians

07
Oct
2020
Posted in technology

Meet The ‘Netflix Of Gaming’ That Offers 70+ Games To Indians


6 min read


You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

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.

But, as Saumya Singh Rathore, co-founder, WinZO Games will tell you, the company seemed to have cracked this code as it has been witnessing significant growth both in terms of users and revenue. 

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