Winzo's Global Surge 🎰, Dream11's Fantasy Realm Expansion🏏
Indian IT's African Ambitions, Nodwin Gaming's Bold Moves, Meta's Festive Advertising Wave, Funding Deals and more.
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🎮 Winzo Powers Up in Brazil with $25 Million Investment 💸
Gaming powerhouse Winzo is making waves by investing $25 million to broaden its footprint in Brazil, marking a strategic leap beyond its Indian roots. Brazil's thriving gaming market, boasting 90 million users, provides the perfect arena for Winzo’s expansion plans. This strategic move is part of their expansion plan, especially following the 28% GST on online gaming in India.🌍
👩🏻💻 Indian IT Firms Expand Horizons: Eyeing Africa's Potential 💼
In a strategic shift, India's IT giants are setting their sights on new horizons in the Middle East-Africa region as traditional markets in the US and Europe narrow down. With a slowdown in these key markets, IT firms are exploring the uncharted territories of Africa, opening avenues for innovation and growth.✨
🏏 Dream11 Levels Up: Acquires Fantasy Innovator Sixer 🎰
In a strategic move, gaming giant Dream11 has acquired Sixer, a pioneering fantasy platform that lets users trade "fantasy stocks" tied to real players' performance. This innovative twist on fantasy gaming promises an exhilarating experience for users.📈
🎯 Nodwin Gaming’s Singapore unit buys marketing firm Publishme 📰
Nodwin Gaming’s Singapore unit has clinched a game-changing deal, acquiring 100% of Publishme, a dynamic gaming marketing agency in West Asia and Turkey. With industry giants like Activision, Garena, and Nvidia under its belt, Publishme’s expertise aligns perfectly with Nodwin's vision.🎮
🎉 Meta Anticipates Festive Ad Frenzy! 📈
Meta, with its pulse on the advertising industry, foresees a surge in ad spends compared to last year. Arun Srinivas, Director and Head of Ad Business (India) at Meta, is optimistic about the upcoming festive ad frenzy. Let the celebrations—and campaigns—begin! 🌟
E-commerce roll up company Mensa Brands has picked up $40 million in a debt round from EvolutionX.
EV infrastructure and software company Bolt.Earth has raised $20 million from Union Square Ventures, Prime Venture Partners and ITIGO Funds, among others.
Aampe, an AI-native user engagement platform, has raised $7.5 million in a pre-Series A round led by Matrix Partners India and Peak XV Partners.
Personalized and data driven wellness platform Answer Genomics has raised $500K in a pre-series A Round from Inflection Point Ventures.
Handloom ethical clothing brand Dressfolk has picked up Rs 3.3 crore in a seed round which was spearheaded by All In Capital.
Tweet of the day🐥
“Don’t be afraid to be ambitious about your goals. Hard work never stops. Neither should your dreams.”
Thanks for reading till the end!