With this agreement, WinZO will work carefully with Upskillz staff to maximize this synergy from the idea stage of recent leisure developments.
Social gaming and interactive entertainment platform WinZO has acquired Upskillz Games Private Limited, a Gurugram-based entertainment enhancement studio. The all-cash deal saw WinZO purchase a majority stake in the studio for an undisclosed amount.
India is on the cusp of an immediate global gaming revolution and with the participation of friendly companions like Upskillz, WinZO is dedicated to unlocking this latent potential of the Indian gaming enhancement market and placing the India in its rightful place as a leader in this $100 billion international market. mobile gaming market, said Paavan Nanda, co-founder of WinZO. “We look forward to working closely with the Upskillz team to bring world-class gaming titles to our users and the world,” he added.
With this agreement, WinZO will work closely with the Upskillz team to maximize this synergy from the idea stage of the game’s recent developments and will share its assistance through its technical experience and sources within the framework of this company. The acquisition will see WinZO integrate Upskillz’ Blockchain and Web3-based offering as part of WinZO’s content portfolio while also including Upskillz’s 1.3 million viewer base on its platform.
According to Mannit Sidhu, Founder of Upskillz, WinZO is the most prominent participant in India’s social gaming ecosystem with a deep understanding of the market and people’s behavior. “WinZO’s innovation-based approach positions it to be among the key players in this rapidly growing $1.5 billion industry in India. Having supporters of these same values at Upskillz makes this association with WinZO natural. Together, we are committed to developing world-class game titles powered by modern technology for users in India and around the world,” he acknowledged.