NEW DELHI :
Online gaming company Baazi Games is planning to invest $5 million in the Indian gaming industry.
The investment in the Indian gaming Industry will take place over the period of next six months and it will be focused on innovative gaming start-ups and on developing latest gaming technology.
Commenting on his latest investment plans Mr Navkiran Singh, Founder, and CEO, Baazi Games said,”Baazi Games has played a major role in revolutionizing the way card games and fantasy sports are played in the country today. Our investment of $5 million in the Indian gaming industry will further catalyze the growth of the industry and pave way for newer innovations. With this vision, we hope to become a technology incubator in the industry and look forward to the bright future of gaming in India.”
Earlier in 2019, Baazi Games invested $1 mn in their fantasy cricket vertical BalleBaazi.com.
Established in 2014, Baazi Games offer online gaming experiences across three verticals, Poker, Rummy and Fantasy Cricket. Currently the company has a user base of over 3 million people.
The online gaming platform in India has been growing rapidly and has attracted huge investment over the last few years.
Source: Livemint
