Paytm First Games Thursday said it has raised $20 million from parent firms, AGTech Holdings, and One97 Communications Ltd, for further expansion.
The fund will support the company’s ambition to scale its operations, invest in technology and further expand its user base through various marketing activities, per a company statement.
“In the last six months, we have launched several games across different genres and the response has been encouraging. We now have more than 35 million registered users playing their favourite games, including the paid ones like Rummy and Fantasy Cricket. This fund-raise will support our ambition to become India’s largest gaming platform, which in turn makes gaming a rewarding experience for our users,” said Paytm First Games COO Sudhanshu Gupta.
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