Gaming Startup WinZO to Expand to Brazil with $25 Mn Investment
WinZO, an Indian gaming startup, is expanding to Brazil with an investment of $25 million. The company plans to use the funds to launch new games, grow its user base, and build a local team in Brazil.
WinZO is a vernacular social gaming platform that offers a variety of games, including Ludo, Carrom, and Rummy. The company has over 150 million users in India and is one of the most popular gaming platforms in the country.
Brazil is the largest gaming market in Latin America, with over 100 million gamers. The country is also home to a growing number of mobile gamers.
WinZO’s expansion to Brazil is a significant development for the company. It is the first Indian gaming startup to expand to Latin America. The move is also a sign of the growing interest in Indian gaming companies from international investors.
The expansion is likely to boost WinZO’s growth and profitability. Brazil is a large and growing gaming market with a young and tech-savvy population. WinZO’s vernacular gaming platform is well-suited for the Brazilian market.
The expansion is also likely to benefit the Indian gaming ecosystem. It will help Indian gaming companies to gain international exposure and attract foreign investment.
Overall, WinZO’s expansion to Brazil is a positive development for the company and the Indian gaming ecosystem.tunesharemore_vert
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