STARTUP
Gaming platform MPL won't contest real-money gaming ban
MPL joins a growing list of companies, including Dream11 parent Dream Sports, Gameskraft, Zupee, and PokerBaazi parent firm Moonshine Technology, which have decided not to challenge the law
STARTUP
A23 owner Head Digital Works moves Karnataka High Court against real-money gaming ban
This marks the first legal challenge to the promotion and regulation online gaming law. The high court is expected to hear the matter on August 30.
STARTUP
After Dream11 and Gameskraft, Zupee says it won't challenge India's real-money gaming ban
Zupee plans to shift its focus to developing online social games and entertainment avenues that "go beyond mere recreation"
STARTUP
99% of Dream11's 260 million users never won or lost more than Rs 10,000 in their lifetime, says co-founder Harsh Jain
Dream Sports CEO Harsh Jain said that regulation would have been the right approach to address the issue of societal impact and financial distress linked to RMG apps, as prohibition is likely to increase the prevalence of a black market.
STARTUP
Nazara, nCore Games, others form new video game association after online gaming law
Indian Game Publishers and Developers Association aims to promote the creation of original Made-in-India IP, bring Indian stories into gaming, and skill-building across the AVGC value chain.
STARTUP
Dream11 co-founder Harsh Jain rules out layoffs after govt's RMG ban, says 'All the talent here is safe'
'We are interested in building with this talent to dig ourselves out of this hole’ said Harsh Jain, the co-founder of the co-founder of Dream Sports, the parent company of embattled fantasy sports major Dream11.
STARTUP
MC interview: “Lost 95% of revenues, 100% of profits, but remain a delusional optimist”: Dream11 founder Harsh Jain on real money gaming ban
Dream Sports CEO Harsh Jain described India's gaming law as an unexpected knockout punch but said he remains “a delusional optimist”, revealing a “two-year cash runway” which would help him retain talent.
STARTUP
Dream11 parent won't fight Indian government over real-money gaming ban, says co-founder Harsh Jain
Fantasy sports platform Dream11, which stopped paid contests last week, accounts for 95 percent of the revenues of Dream Sports and 100 percent of its profits.
STARTUP
WinZO turns to micro dramas, US expansion after India's real-money gaming ban
WinZO's US expansion comes two years after its foray into Brazil in October 2023, following the government's introduction of a 28 percent GST on real-money gaming apps.
BUSINESS
Dream11 parent forays into wealth tech after gaming ban, pilots new FD and gold investment app
Dream Money enables people to buy gold or set up a SIP on a daily or monthly basis, starting from Rs 10. It also offers fixed deposit investments from Rs 1,000.
STARTUP
Online Gaming Bill: Dream11 parent firm, Gameskraft, Zupee, MPL begin suspending its RMG offerings
The proposed gaming law explicitly prohibits the offering of online money games or RMG apps, with penalties of up to three years of imprisonment or fines of Rs 1 crore for violations.
STARTUP
Online Gaming Bill: Kavin Bharti Mittal's Rush to exit India following government’s proposed RMG ban
Rush, a casual RMG platform from Kavin Bharti Mittal's Hike, now intends to focus entirely on the United States and other global markets like the United Kingdom, Canada, and Australia.
ARTIFICIAL-INTELLIGENCE
Games24x7 seeks to back AI, inclusive tech startups from India's smaller cities
Games24x7’s accelerator, TechXpedite, will broaden its scope to cover AI-driven skill development and inclusive technologies in its third edition
BUSINESS
Bhavin Turakhia-led Titan partners with GoDaddy for business email push in developing markets
GoDaddy will integrate Titan’s email product into its Professional Email product, aimed at small businesses and entrepreneurs.
TECHNOLOGY
OpenAI's ChatGPT pilots rupee pricing in India
ChatGPT is offering its Plus tier for Rs 1,999 per month to customers in India while the costlier Pro tier is available for Rs 19,900 per month.
BUSINESS
AI entertainment startup Dashverse raises $13 million funding led by Peak XV Partners
Dashverse is building AI-powered tools and platforms such as DashReels and Frameo.AI to help creators develop mobile-first entertainment content
TECHNOLOGY
Snap restructures engineering teams, places monetisation unit under Ajit Mohan
Snapchat’s parent saw a slowdown in advertising growth in Q2 2025, hurt by an ad platform glitch and intensifying competition.
TECHNOLOGY
Google's Gemini now lets users create personalised storybooks with audio narration
Gemini's Storybook feature allows people to upload their own photos or files to bring personal artwork or memories to life or explain complex topics to young children.
BUSINESS
Gaming infra startup GameRamp raises $5.4 million pre-seed funding led by Bitkraft Ventures
GameRamp helps video-game developers and consumer apps to scale and monetise faster using artificial intelligence
TECHNOLOGY
Spotify Premium gets costlier in India with price hike of up to 28%
Spotify’s first price hike in India comes amid the audio streaming service's broader efforts to improve margins and achieve long-term profitability.
TECHNOLOGY
CCI expands AdTech antitrust probe against Google
In a separate order, CCI has rejected ADIF’s complaint against Google’s online search advertising services related to its Google Ads policies.
TECHNOLOGY
Reddit to unify its search experience in a bid to become a 'go-to search engine'
Reddit is sharpening its focus on improving its core product and expanding into international markets. At the same time, the social platform is deprioritizing several 'user economy' initiatives.
TECHNOLOGY
Apple 'open to' AI acquisitions to accelerate roadmap, says Tim Cook
Apple is stepping up its AI investments and also reallocating employees as it tries to catch up with rivals such as Google, OpenAI, and Microsoft amid growing competition.
BUSINESS
Gaming community app Stan bags $8.5 million from Google, Nazara, others
Stan plans to use the funds raised to expand its presence in India and other mobile-first markets, and invest in AI-driven personalisation and creator tools.
