Game start Awon GameZ Wednesday said it took in $ 2 million in seed funding from Aditya Duggar and family. The start-up plans to use this new capital to scale the business through an expanded product portfolio, in-depth reach, product development and employment of global talent.
Awon GameZ offers an easy-to-use and reliable online gaming platform, which promises a seamless online experience for all players. It is also working to create an online gaming platform for children.
Awon GameZ strives to be a one-stop gaming solution and looks to serve gamified customers according to their goals and preferences, along with introducing an online marketplace that meets the needs of the entire gaming community.
GameZ founder Amardeep Bajpai
In recent years, the exponential growth of the real-money skill-based gaming user base has changed India’s gaming ecosystem. Awon GameZ is aimed at over 10 million users at the end of the year.
The launch allows users to play games, such as fantasy cricket, rummy and poker, with the ability to host an audio chat and video conferencing with their friends to create a personalized experience in real life.
Speaking of investment, Aditya Duggar said, “Games are not just about regular games like Candy Crush. They are also about skill-based games that engage serious players. Today’s players play card-based and fantasy games. Both of these are categories that are high investment and genres with great commitment to players.”
Amardeep Bajpai, founder of Awon GameZ, said: “Each player has a 50 percent chance of winning in real money, which is much higher than any other platform. All you need are skills to increase your winning opportunities. ”
According to reports, the global online gaming market generated approximately $ 62 billion in revenue by 2020 and is expected to touch $ 300 billion by 2026.