India, Nov. 27 -- The Enforcement Directorate has arrested Saumya Singh Rathore and Paavan Nanda, co-founders of WinZO, an online money gaming platform.

Both Rathore and Nanda were held in Bengaluru on Wednesday on charges of money-laundering, after being questioned at the zonal office of the probe agency, PTI news agency reported.

The ED had, in a statement on Monday alleged that the company had "held" funds to the tune of Rs.43 crore of the gamers, adding that the amount should have been refunded to players after the ban on real-money gaming in the country.

"Even after the ban of RMGs by the Union government (w.e.f. 22/08/2025), an amount of Rs.43 crore is still held by the company without refunding to the gamers/customers," the ED s...