Online gaming unicorn Games24x7 launches ₹400 cr fund for startups

Online gaming unicorn Games24x7 launched a ₹400 crore fund to invest in interactive entertainment startups. The fund will be used over the next five years and Chief Financial Officer Rahul Tewari said the money will come from its own balance sheet. Founded by Bhavin Pandya and Trivikraman Thampy, Games24x7 raised $75 million earlier this year at a $2.5 billion valuation.

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