Rario is winding down its current product and users can withdraw their wallet cash balances. The company will launch a new version of Rario in March, which will have new cricket-based games. The current Rario cards will not be usable in the new platform, but the company will offer perks to lure old users. Rario s losses increased to Rs 560 crore in FY23, partly due to a write-off of intangible assets. The operating revenue grew to Rs 39 crore in FY23.