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WinZo

6 known investors

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WinZO is a Delhi-based mobile entertainment platform offering casual and skill-based games in multiple Indian languages.

Also known as WinZO · WinZO Games · WinZO Games Private Limited · winzogames.com

Investors · 6

Also in the syndicate · 1

Steve Pagliuca

Company profile

researched Aug 2026

WinZO is an India-based interactive entertainment platform that consolidates casual and mid-core games, esports and, more recently, short-form video content into a single mobile app. Founded in 2018 and headquartered in New Delhi, the company distributes an off-Play Store Android application hosting more than 100 games served in several formats and in 10 to 15 Indian regional languages. Its catalogue spans classic and board titles such as Ludo, Carrom, Rummy, Chess, Pool and Call Break, hyper-casual arcade titles including Bubble Shooter and Fruit Samurai, and mid-core esports IPs such as Free Fire.

The platform was designed around a vernacular, microtransaction-led model aimed at users in India's Tier 2 to Tier 5 towns. Users enter free or paid matches and tournaments with entry fees, and games are personalised based on engagement patterns; social features such as WinZO Versus let users compete with one another. WinZO also runs a Developer Console through which external studios submit games for integration on the platform, with real-time performance analytics, and a WinZO store offering third-party coupons. In August 2025 the company launched WinZO TV, a mobile-first vernacular platform for microdramas.

WinZO has also been offered in the United States, where the app is described as a real-money gaming product with cash tournaments, RNG certification on some titles, authentication requirements for wallet setup and withdrawals, and payouts typically processed within 12 to 24 hours.

Compiled by commissioned research from 12 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average time spent per user per dayMay 202555 minutes
Creator ecosystemAug 202575,000 creators
EmployeesAug 2025220 employees
Employees with unpaid salariesJan 2026130 employees
Game developer partnersJul 2021100 developers
Games on platformAug 2025100 games
Games submitted via WinZO Developer ConsoleAug 20251,000 games
Languages supportedAug 202515 languages
Micro-transactions per monthJul 20212,500,000,000 transactions/month
Profit after tax (FY23)Jan 2023₹129 crore
Profit after tax (FY24)Jan 2024₹315 crore
Registered usersAug 2025250,000,000 users
Revenue (FY23)Jan 2023₹619 crore
Revenue (FY24)Jan 2024₹1,055 crore
Technology patents filedMay 202550 patents
Total funding raisedMay 2025$92M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 12

launches, deals, and filings
Feb 2026
Standalone ZO Play app launched on Google Play Store

WinZO launched a standalone ZO Play short-drama app on the Google Play Store, initially offering access at ₹2 per day or per a few episodes. Users opting for autopay reported deductions of nearly ₹499, generating complaints and refund requests in Play Store reviews.

source ↗

Jan 2026
Bank accounts frozen; Supreme Court quashes withdrawal relief

With bank accounts frozen by the Enforcement Directorate, WinZO approached the Karnataka High Court seeking limited access to pay salaries. The High Court initially permitted limited withdrawals, but the Supreme Court quashed the order. Close to 130 employees had not been paid since January.

source ↗

Nov 2025
Enforcement Directorate raids WinZO offices; cofounders arrested

The Enforcement Directorate raided WinZO's offices in November 2025, alleging the company generated around ₹3,522 crore through illegal or questionable real-money gaming operations and transferred nearly ₹255 crore to subsidiary Zo. Cofounders Saumya Singh Rathore and Paavan Nanda were arrested under the Prevention of Money Laundering Act; Rathore secured bail from a Bengaluru sessions court while Nanda remained in custody until February.

source ↗

Sep 2025
Incorporation of STTOQ Invest Tech Private Limited

WinZO incorporated STTOQ Invest Tech Private Limited to enter the stockbroking space; no platform had been publicly launched as of reporting.

source ↗

Aug 2025
WinZO shuts down real-money gaming operations

WinZO announced it would withdraw its real-money gaming offerings starting 22 August 2025 to comply with the newly enacted Promotion and Regulation of Online Gaming Bill, 2025, stating that no employees would lose their jobs and that it would focus on non-RMG segments.

source ↗

Aug 2024
Launch of short drama platform WinZO TV

WinZO launched a short-form drama platform, WinZO TV, using 100-200 short dramas acquired from Southeast Asian countries and integrated into the core WinZO app; it was later rebranded as ZO Play.

source ↗

Jan 2024
Launch of ZO Gold digital gold product with SafeGold

WinZO launched ZO Gold around Diwali in partnership with SafeGold, allowing users to invest in digital gold from ₹2. The offering saw little traction and was suspended.

source ↗

Jan 2023
Expansion into Brazil

WinZO expanded beyond India into Brazil, with stated ambitions to enter South Asia and the Middle East.

source ↗

Jun 2022
WinZO acquires majority stake in Upskillz Games

WinZO acquired a majority stake in Gurugram-based casual game development studio Upskillz Games, founded by Mannit Sidhu in 2020, for an undisclosed amount. WinZO said it would onboard Upskillz's blockchain and Web3-based offering and its 1.3 million user base.

source ↗

Jan 2022
Investments in gaming studios via $26M WinZO Game Developer Fund

WinZO announced investments in Bengaluru-based Bombay Play, UK-based Village Studio and blockchain gaming guild IndiGG under its $26 million WinZO Game Developer Fund.

$26M source ↗

Jan 2022
MS Dhoni signed as brand ambassador

Cricketer MS Dhoni became WinZO's brand ambassador; digital creators CarryMinati and Bhuvan Bam were also brought on board.

source ↗

Jul 2021
WinZO raises $65 million Series C led by Griffin Gaming Partners

WinZO raised $65 million in a Series C round led by Griffin Gaming Partners, taking total capital raised to $90 million. Griffin co-founder Phil Sanderson joined WinZO's board of directors as part of the deal; it was the fund's first investment in India.

$65M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 12

primary sources listed

12 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does WinZo do?
WinZO is a Delhi-based mobile entertainment platform offering casual and skill-based games in multiple Indian languages.
Who are WinZo's investors?
WinZo's investors include Courtside Ventures, Griffin Gaming Partners, Makers Fund, Kalaari Capital, LionTree.