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ED arrests Winzo cofounders: All you need to know about Paavan Nanda, Saumya Singh Rathore

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The Enforcement Directorate (ED) arrested the cofounders of gaming unicorn Winzo on Thursday on money laundering charges under relevant sections of the Prevention of Money Laundering Act (PMLA).

The crackdown follows search operations in Delhi and Gurugram that resulted in the freezing of deposits worth approximately Rs 523 crore belonging to Winzo and peers like Gameskraft.

Who are Winzo’s cofounders?

Winzo cofounders Saumya Singh Rathore and Paavan Nanda were taken into custody after searches at properties in Delhi and Gurugram linked to the…

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