VC Fund Investments
Social gaming platform WinZO partners with Kalaari Capital to launch Gaming Lab
New Delhi-based social gaming platform WinZO has partnered with Kalaari Capital to launch an investment initiative called Gaming Lab. The lab will invest across all forms of interactive entertainment apps in India with a flexible corpus, starting with over USD 500,000. WinZO's Centre of Excellence will help drive growth, strategy and distribution for the selected applicant while driving monetisation. WinZO had recently announced a USD 20 million game developer fund III to boost the global game development ecosystem, including game design, economies around gaming, content creation, live-ops, and security through capital investment, infrastructural support and monetisation support.
From the Venture Intelligence PE-VC Deal Database: Between Apr-18 and Jul-21, WinZO raised nearly $97-M from Kalaari Capital, Griffin Gaming Partners, Makers Fund, Courtside Ventures, Bellerive Capital and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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