Real money gaming app Quizy raised $270k in Seed round led by We Founder Circle with participation from FAAD Network, Anchorage Capital Partners, Capital A & Dholakia Ventures, along with set of Angels including Rohit Raj (Founder, The Glitch), Aneesh Sivakumar (Director, KKR), Sudhir Kamath (Founder, Ungli Games), Ganesh Rao (Partner, Tri Legal), Roshan Abbas (Founder, Kommune India and a Television personality) and few more angels.
It now plans to use 60% of the raised investment in hiring exceptional talents, and the remaining in acquiring new users and retaining the existing ones.
Amit Kumar, Co-Founder, Quizy said, "Quizzing has always been fun where people get to learn, too. But now Quizy is creating an opportunity to earn as well. At Quizy, we make the meaningful value of people’s device time by incentivising their efforts where they learn about trending topics/news all in the form of quizzes because this is the age of Content & Information."
Bhawna Bhatnagar, Co-Founder, We Founder Circle, said, “Gaming industry has been awaiting a much-needed disruption. Where most of the games cater to a particular age, Quizy is for people from all walks of life, thus catering to a wider audience. With its unique model, we believe it will achieve what it aims at.”