India: Makers Fund, Courtside lead $18m funding in gaming startup WinZo

Singapore-based Makers Fund and New York-based Courtside Ventures have made their first investment in India by leading an $18-million Series B funding round in vernacular real-money gaming platform WinZO.

Kalaari Capital, which first invested in WinZO in 2018 and led the company’s Series A in 2019, also participated in the round, the startup said in a statement. Revant Bhate, FinAdvantage, Indigo Edge -exclusive advisor to WinZO, and co-founders Paavan Nanda and Saumya Singh Rathore also joined the round.

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