WinZO, an Indian social gaming and interactive entertainment platform focusing on the Web3 field, announced the launch of a US$50 million Game Developer Fund. Its current investment portfolio includes game development studio Bombay Play, Web3 game companies IndiGG and Upskillz, and area-based Blockchain’s creator economy and streaming startup Glip. It is reported that this is the fourth fund launched by WinZO in the past four years. The platform announced the establishment of an initial fund of US$1.5 million in July 2019, established another US$5 million fund in November 2020, and launched it in September 2021. A third fund of US$20 million. (Business Standard)