Delhi startup WinZO gets funding from Epic Games’ investor. Delhi-based online gaming platform WinZO has received funding from Epic Games’ investor Stephen Pagliuca, who is the Co-Chairman of private equity firm Bain Capital in a mix of primary and secondary Investment. Pagliuca is also the co-owner of the NBA Basketball team, Boston Celtics, and is an investor in the American gaming company and Fortnite maker – Epic Games.
WinZO is Pagliuca’s first investment in India. The investment was made as a mix of undisclosed primary and $1 million secondary transaction. This after WinZO carried out its first ESOPs buy-out worth $1 million of its early investors and employees.
WinZO had raised $18 million led by Singapore based Makers Fund And New York’s Courtside Ventures.