Quizbee is a new B2C gaming platform that provides a knowledge-based unparalleled gamified experience to its users. It offers an immersive experience for gamers to play and compete on quizzes and various theme-based challenges with a chance to win real money.
ALSO READ: Quizbee, online gaming start-up, raises funds from Kanodia Group
Recently, Quizbee launched a unique quiz game for its cricket lovers. The game is based on current Cricket League matches being held in Dubai and provides a chance to its users to win real cash prizes.
Commenting on the development of Quizbee so far, Amit Khaitan, CEO Intelligence Game Pvt. Ltd said that “We believe that Quizbee will emerge as a go-to-destination for Quiz and Trivia based casual challenges with over 1000 games being played per day and an average engagement time of over 30 min per day the numbers look promising. In the last few weeks, Quizbee has grown its user base to ten folds.”
Witnessing growth across multiple locations in India with Tier 2 -3 cities like Aligarh, Gorakhpur, Patna, Jaipur Surat, Jamnagar, and Rohtak leading the progress charts, we intend to increase our presence in such cities by focusing on latest marketing tools and techniques” he added.
Quizbee provides a competitive mobile platform with multiple paid challenges on thousands of quiz questions and trivia across genres like movies, cricket, travel, food, general knowledge, and puzzles, etc.
It offers multiple price points for question-based, daily, weekly and monthly challenges with very little entry fee. Users also stand a chance to win exciting bumper prizes, worth up to Rs 1 lakh by playing challenges regularly.
Last month, Quizbee announced it had raised an unspecified amount of funds through pre-seed funding led by Kanodia Group.
Given the unprecedented growth of online gaming companies like Dream11, MPL, Nazara Technologies, and WinZo Games, the real money gaming market in India has been on an upward trajectory. The online gaming industry is projected to grow at a compound annual growth rate (CAGR) of 40% to $2.8 billion by 2022 according to a Deloitte India report.
According to a report by consulting major KPMG, the Indian online gaming market is expected to grow 113 percent to INR 290 billion by 2025 from INR136 billion in FY21. During the period, these gaming platforms are expected to attract 657 million users compared with 433 million now.
