Ad spending by emerging fantasy sports and gaming startups India FY 2021-2022
In the financial year 2022, WinZO had the largest ad spending of around two billion Indian rupees among emerging fantasy sports and real money gaming startups in India. This was a highest growth recorded within the market with an ad spend increment of about 553 percent from the previous year. Bootstrapped company Gameberry Labs had the second highest ad spend that year. Meanwhile among the listed contenders only MyTeam11 and Games24x7 noted a decline in ad expenditure.