Since the lockdown began in India in March, online entertainment and gaming platforms have seen a sharp increase in their user database and consumption. The growing demand and popularity of such platforms have forced companies to expand teams to cater to the audience smoothly. One such company is online gaming platform Baazi Games. The company…
Tag: Education and Gaming
Paytm First Games raises $5.4mn from AGTech Media
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•Payments unicorn Paytm’s gaming platform recently announced that it has raised $5.4mn in fresh capital from AGTech Media Private Limited. The recent fund infusion comes at a time when online gaming industry witnessed a spike in demand and user data base amid lockdown. According to company filing submitted to the Ministry of Corporate Affairs, the…
Edtech startup AvalonMeta raises ₹3Cr from Peerplays
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•Edtech and gaming startup AvalonMeta Ventures Pvt. Ltd recently announced that it has raised $420,000 (approx ₹3Cr) in funding led by Preeplays, a blockchain-based gaming company. Other investors include Chicago-based venture capital firm Purvi Capital and Abhinav Chhikara, former Design Head of Unacademy. AvalonMeta was founded by Varun Mayya, Shashank Udupa, and Abhinav Arora in…