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.
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