Microsoft did coversation to invest in Indian popolar Gaming Platform Zupee(Play to earn) recently and put forward to reasonably lead a funding round near about $100 Millions , two people familiar with the matter revealed the latest in a series of bets from the cloud services giant to expand its business in the key overseas market. The two firms has not done an agreement and there is a few reasonable chance the deal will not happen , the people said. A team within Microsoft has expressed apprehension abou t optics around betting and advised the global tech giant to steer away from the deal, a person briefed on the details said. Zupee declined to comment. Microsoft did not reply to a request for comment late last month. Like many other startups Including Oyo in which Microsoft has invested in India, the Zupee deal sought to have the startup use Azure and other Microsoft cloud services as part of the deal, two people familiar with the matter rev...
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