India, Nov. 27 -- The Enforcement Directorate (ED) has reportedly arrested gaming startup WinZO's cofounders Saumya Singh Rathore and Paavan Nanda under the sections of the Prevention of Money Laundering Act (PMLA).
The ED summoned the cofounders for interrogation at its Bengaluru zonal office yesterday, ET reported, citing sources. Following the questioning, the agency took them into custody.
Inc42 has reached out to WinZO for comments on the development. The story will be updated on receiving a response.
This comes days after the ED carried out searches at the offices of real money gaming startups GamesKraft and WinZO across Bengaluru, Delhi and Gurugram.
Earlier this week, the ED said it froze WinZO's alleged proceeds of crime wort...
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