Witzeal, one of India’s most quickly expanding trendy gaming technology organizations, has effectively outperformed with more than 30 million registered users and reached a new level of achievement by surpassing INR 2 billion in revenue. Today, Witzeal is among the best five pay-to-play platforms that curate, innovate, and introduce new-age, tech-driven skill games that are at par with worldwide industry norms.
Witzeal Surpasses INR 2 Billion Revenue With 30 Million Registered Users
Witzeal, one of India’s most quickly expanding trendy gaming technology organizations, has effectively outperformed with more than 30 million registered users and reached a new level of achievement by surpassing INR 2 billion in revenue. Today, Witzeal is among the best five pay-to-play platforms that curate, innovate, and introduce new-age, tech-driven skill games that are at par with worldwide industry norms.
The online gaming industry has recently seen a tornado rise, fueled by young and tech-savvy people, affordable smartphones, improved internet access, and overall technological development. Ready to develop further, the online gaming community is anticipated to grow to 510 million by 2025, and the industry will be valued at $3 billion in a similar time span. Today’s gaming companies engage everyone through personalized content, social interactions, and innovative gameplay.
Since Witzeal started its operations, the platform has seen positive growth, particularly in the casual skill gaming section. The thriving online gaming market has likewise added to Witzeal’s development. Moreover, Witzeal has all of the games created in-house, which builds the credibility of the games and the trust of users because of upgraded security and gaming experiences. The organization at present has more than 17 games in its portfolio, with more than 1 million dynamic users per month.
Sharing his views on reaching this milestone, Mr. Ankur Singh, Founder & CEO, Witzeal Technologies, said, “We are excited and elated to be a part of such a flourishing industry. Our days are filled with constant motivation to develop more innovative gaming experiences for our users. The incorporation of technology and the provision of a distinctive user experience have been two of the major factors in our expansion. I’m extremely grateful for the team that works on helping Witzeal reach where it is. We had a strong finish to the year as we surpassed INR 2 billion in annual revenue and achieved 44% year-over-year growth in the last quarter. “Going forward, we aim to strive tirelessly to innovate and give our users an experience like never before, while also eyeing global expansions.”
Witzeal forayed into the Pay-to-Play section with “BigCash” in 2017. The platform has more than 17 in-house created games, and it uses behavioral science, innovation, and AI to give extraordinary game-playing encounters across its platform. The majority of Witzeal’s user base is from Tier II and Tier III cities and the organization intends to target users across the urban and rural populace.
“India boasts of being home to the second-largest gaming market across the globe and has an annual growth rate of 38%. Leveraging this growth, Witzeal is aiming to develop more revolutionary games in-house. Our live video feature is preferred by the majority of users, as it not only helps the users to connect with each other but also socialize and build a community. We continue to remain profitable, driven by this fundamental growth. “Having said that, we are hoping that the industry soon adopts a fair regulatory oversight so that there is enough room for the different operators to flourish.” He added.
Witzeal likewise, late, released “Fast Ludo,” the traditional game of Ludo yet with a twist. Fast Ludo kills the dice-rolling idea and offers its players equivalent opportunities to win, further magnifying player commitment. The game completes in under 120 seconds. Apart from this, Witzeal has also released the “Gaming Subscription Model” to increase the overall gaming experience for a different set of users. This subscription model permits users to subscribe to the platform and avail of amazing benefits and offers. Also, Witzeal recently introduced a new component called “Jackpot” for its reliable users with the thought of encouraging loyal users to win more. A user is given a set of tasks to complete, and after finishing each task, a jackpot ticket is given to the user with an opportunity to win up to INR 25 million.
Witzeal Technologies
Laid out in 2016, Witzeal Technologies is a new-age gaming technology organization that specializes in making and presenting cutting-edge games and elements in the pay-to-play section.
Its multi-gaming platform “Big Cash” offers 17 skill-based pay-to-play games in the card, fantasy, and casual genres created in-house. Witzeal is a proud winner of the Facebook Audience Network Grand Prize and has been chosen for the Bootstrap track of the FbStart Program.
Credit: CXO Today
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