VFX Witzeal surpasses rupees two billion revenue with 30 million registered users -

Witzeal surpasses rupees two billion revenue with 30 million registered users

Witzeal has successfully surpassed more than 30 million registered users and reached a new milestone by surpassing rupees two billion in revenue. 

Ever since Witzeal began its operations, the platform has witnessed a positive growth especially in the casual skill gaming segment. The booming online gaming market has also contributed to Witzeal’s growth. Additionally, Witzeal has all the games developed in-house which increases the credibility of the games and the trust of users as a result of enhanced security and gaming experience. The company currently has more than 17 games in its portfolio, clocking in more than one million active users monthly.  

Sharing his views on reaching this milestone, Witzeal Technologies founder and CEO Ankur Singh 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 has been one 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 rupees two billion in annual revenue and achieved 44 per cent 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 and also eye global expansions.”

Witzeal forayed into RMG segment with “BigCash” in 2017.  The platform has more than17 in-house developed games and it uses behavioural science, technology and artificial intelligence to provide exceptional game playing experiences across its platforms. Most of Witzeal’s userbase is from tier II and tier III cities and the company aims to target users across urban and rural population.

Witzeal also recently launched ‘Fast Ludo’, the traditional game of Ludo but with a twist. ‘Fast Ludo’ eliminates dice rolling concept and gives its players equal opportunities to win further magnifies player engagement. The game finishes in less than 120 seconds. Apart from this, Witzeal has recently, launched ‘Gaming Subscription Model’ to multi-fold the overall gaming experience for a diverse set of users. This subscription model allows users to subscribe to the platform and avail special benefits and offers. Apart from this, Witzeal also recently introduced a new feature called Jackpot’ for its loyal users with an idea of rewarding the loyal users to win more.  As a user one is given a set of targets to complete and upon completing each target, the user is given a jackpot ticket with a chance to win up to Rs 25 million.