Games2win.com gets 5 Million $ in funding!

By Rajiv Dingra • March 28, 2007

The online gaming scene seems to be hotting up day by day. After zapak’s huge media spend and indiagames acquisition by UTV it seems like its the turn of another gaming player to join the league of the big boys.

Mumbai-based Games2win.com announced Wednesday it had raised about $5 million from leading U.S. venture capital firms Clearstone Venture Partners and Silicon Valley Bank Financial Group.

Games2win.com website is currently dedicated to casual games like Zapak.com but like Zapak and Indiagames Games2win also plans to get into MMOG [massive multiplayer online games] for India by licensing globally popular games.

The 5 Million $ will be used to upgrade content hire staff and ofcourse to advertise like there’s no tomorrow.

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Categories: Funding, Web
Tags: games3win, indiagames, MMOG, online gaming, zapak.

About the Author

Rajiv Dingra

Rajiv is a prolific blogger who has over 1000 blog posts to his credit at WATBlog. The Founder & CEO of WATMedia our parent company and the Chief Blogger at WATBlog, he has been the driving force of the WAT Evolution. Rajiv does some excellent analysis of the digital media industry in India and often brings out deep insights with his inimitable style of interviewing. Just mail rajiv|at|watblog|dot|com and it will reach him..

One Response to “ Games2win.com gets 5 Million $ in funding! ”

Saurabh Mar 26th, 2008 at 6:45 pm

Do anyone have any idea about % stake captured by Clearstone through this investment?