STARTUP
WinZO approaches Karnataka HC challenging ED's raid, asset freeze
ED arrested co-founders Saumya Singh Rathore and Paavan Nanda on money laundering charges in November 2025. It also froze company assets worth of around Rs 505 crore.
STARTUP
Dream11 revamp turns fantasy sports app into a hangout place for sports fans
Dream11 revamp comes a little over three months after the company halted all paid contests on its platform following the online gaming law that prohibits money games
TECHNOLOGY
Ola pauses food delivery business, pulls Foods from app
Over the past two years, Ola has wound down or shrunk several experiments outside its mobility business, including used cars and quick commerce pilots Ola Cars and Ola Dash
TECHNOLOGY
How Google reclaimed the AI crown
From ‘Code Red’ to the top of the AI race, a look at how Google engineered its resurgence
TECHNOLOGY
Huge opportunity for sports industry to rethink media distribution with AI, says Nielsen’s Jon Stainer
AI will be a key enabler for content consumption in the future, driving deep personalisation, according to Nielsen Sports global GM Jon Stainer
TECHNOLOGY
Dream11 parent open sources its tech engine with Dream Horizon
Dream Horizon will offer a range of functionalities, from tools that help developers build, test and deploy faster, to core building blocks for application development and systems to developers
STARTUP
RMG ban impact: Flutter cuts 350 jobs at Junglee Games, redeploys 600 staff mostly to its Hyderabad GCC
Flutter is considering whether these employees can be redeployed to support its shift to alternative business models in India or its expansion efforts in other regulated markets where its existing products can be offered, a company spokesperson told Moneycontrol.
STARTUP
ED freezes Rs 520-crore assets linked to real-money gaming firms WinZO and Gameskraft after probe
The ED stated it initiated the investigation based on FIRs filed against the firms on the grounds of cheating, blocking of accounts, impersonation, and misuse of PAN
TECHNOLOGY
Gemini 3 launch gives Google an edge in the fiercely competitive AI race
As Gemini 3 rolls out, Google will look to solidify its AI turnaround and move to the forefront of the fiercely competitive AI race.
TECHNOLOGY
Google unveils Gemini 3 as it seeks to pull ahead in the AI race
Google is releasing Gemini 3 Pro in preview, making it available across a suite of its products including the Gemini app and the core search product.
BUSINESS
ED raids Gameskraft, WinZO in Bengaluru, Delhi, Gurugram over alleged algorithm rigging, crypto trail
FIRs by victims allege these gaming firms manipulated app algorithms to disadvantage players; searches also found promoter-linked crypto wallets, indicating possible laundering through cryptocurrencies, sources told Moneycontrol.
TECHNOLOGY
Instagram is pushing its Edits app to be a one stop shop for creators amid intensifying rivalry
More than half of the people watching Reels on Instagram each day are seeing content created with the Edits app, said Meta executive Peter Shields.
TECHNOLOGY
Spotify rejigs premium plans in India and four other markets, adds new lossless audio tier
Spotify is introducing three new premium plans in India, called Premium Lite, Premium Standard and Premium Platinum, with prices ranging from Rs 139 to Rs 299. The new Premium Platinum tier will offer advanced features aimed at audiophiles.
STARTUP
Real money gaming ban wipes out PE firm Clairvest’s Rs 760 crore stake in Head Digital Works
Clairvest CEO Ken Rotman said the firm plans to focus its investments in North America going forward, citing the "negative experience with Head Digital Works and other recent experiences investing abroad".
STARTUP
India's real-money gaming ban leads to $556 million impairment for Flutter after Junglee halts RMG operations
Flutter Entertainment CEO Peter Jackson said he was frustrated by the speed at which the bill came into law and expressed hope for more legal clarity in the future.
TECHNOLOGY
Figma opens first India office in Bengaluru, to hire local talent
India is Figma’s largest market outside the United States in terms of users. The design software maker stated that over 40 percent of the top BSE100 companies are its customers.
TECHNOLOGY
RMG ban effect: Gameskraft layoffs rise to over 400 following companywide restructuring
Gameskraft stated that India’s online gaming law has triggered a fundamental shift in the operating environment for real-money gaming companies.
TECHNOLOGY
India tops Gemini Guided Learning usage; 2 million students have free AI tools: Google's Ben Gomes
Google's goal is not to replace the human elements of learning but to support educators and make learning more effective and engaging, Google’s Chief Technologist for Learning and Sustainability has said
TECHNOLOGY
Google Maps offers Gemini-powered navigation in India along with proactive safety alerts, local tips
Google has partnered with local government authorities to roll out proactive traffic alerts and accident-prone area alerts. It will also offer Gemini-powered local tips to consumers.
TECHNOLOGY
What we did in 20-25 years can now be done in three: Nazara founder Nitish Mittersain on India's startup boom
Indian companies going from zero to a billion-dollar-plus IPO in three or four years is now happening on a regular basis, said Nazara chief Nitish Mittersain.
BUSINESS
Fantastic company, widely misunderstood: CaratLane founder and investor Mithun Sacheti defends Lenskart valuation
Mithun Sacheti said he has made around 140 investments before the CaratLane exit and around 20 afterwards, though the cheque sizes have grown since. Sacheti added that he is a big fan of Groww.
TECHNOLOGY
OpenAI’s Srinivas Narayanan bets on ecosystem play to attract the next wave of AI developers from India and beyond
OpenAI also unveiled IndQA, a new benchmark designed to evaluate how well AI systems understand Indian culture and languages, at DevDay Exchange event in Bengaluru.
BUSINESS
Zoho’s Arattai messaging app loses steam, drops out of top 100 apps on Android and iOS in India
Arattai has also seen a sharp decline in its App Store rankings, slipping from the top position in mid-October to 123rd place in the apps leaderboard on November 4, Moneycontrol observed.
BUSINESS
UPI payments fail again for OpenAI as Stripe glitch disrupts free ChatGPT Go promotion in India
India has emerged as one of OpenAI’s fastest-growing markets and is now the second-largest market for ChatGPT, which has over 800 million users globally
