BUSINESS
India's paid video subscriber base touched 80 million in 2021: Report
Regional content consumption will be around 50% of the overall video streaming consumption by 2025, from about 30% in 2020
STARTUP
Amagi enters India's unicorn club with $95 million funding from Accel, others
Amagi enables content owners to launch, distribute and monetise live linear channels on free-ad-supported television and video services platforms through a suite of solutions.
BUSINESS
Lila Games raises $10 million funding to build a mobile shooter game
Lila Games is developing a free-to-play mobile shooter game that is currently called 'Project B.L.A.C.K'
BUSINESS
Vodafone Idea partners with Nazara Technologies to launch gaming service
Vodafone Idea said its games service will initially offer casual games and gradually expand to host social games and esports in the future.
STARTUP
Nazara Technologies commits Rs 30 crore to Griffin Gaming Partners' second VC fund
Griffin Gaming Partners had recently raised $750 million in its second fund, bringing the total assets under management to over $1 billion across its two funds.
STARTUP
100ms raises $20 million led by Alpha Wave Incubation
Live video-conferencing infrastructure platform 100ms said it would use the funds raised to help developers build and deploy enterprise-class video applications within a few hours.
STARTUP
Loco raises $42 million funding led by Korean crypto investment firm Hashed
Game streaming startup Loco said this investment would accelerate its streaming technology and content initiatives as it aims to build a social experience platform for the virtual world.
STARTUP
Audio content platform Kuku FM bags $19.5 million funding led by PUBG maker Krafton
According to the startup, the funds raised will be used to broaden its language offerings and consolidate content creation.
STARTUP
Carl Pei's Nothing bags $70 million funding to expand to new products
Nothing's first product - a pair of wireless earphones called Ear (1) - was released in August last year. The company claims to have shipped over 400,000 units until now.
BUSINESS
Karnataka HC quashes FIR against Dream11 co-founders Harsh Jain and Bhavit Sheth
Karnataka High Court had earlier struck down the contentious provisions of the state's online gambling law as unconstitutional on February 14.
BUSINESS
Nazara Technologies to invest upto Rs 30 crore in subsidiary Next Wave Multimedia
Next Wave Multimedia is a mobile game developer that focuses on casual and multiplayer mobile games in the sports genre.
BUSINESS
What is Google Play Pass and is it worth it?
BUSINESS
YouTube's creator ecosystem contributed Rs 6,800 crore to Indian GDP in 2020: Report
The number of YouTube channels making Rs 1 lakh or more annually was up over 60 percent year-over-year in India as of June 2021.
STARTUP
Live tutoring startup Filo raises $23 million Series A funding led by Anthos Capital
Filo helps students connect to tutors for one-on-one live video sessions to clear concepts, solve problems, and prepare for examinations.
STARTUP
Audio-streaming startup Pocket FM bags $65 million Series C funding
Pocket FM plans to expand to new languages, scale its community of audio content creators and help them monetise on the platform.
TRENDS
Netflix to buy mobile game developer Next Games to strengthen its games business
Next Games had released 'Stranger Things: Puzzle Tales', a role-playing game based on the streaming giant's hit 80s horror drama series in October last year.
TECHNOLOGY
Google & MeitY Startup Hub unveils the first Appscale Academy cohort of 100 Indian startups
Indian apps and games saw a 200% increase in monthly active users on Google Play in 2021 compared to 2019, according to Google's Purnima Kochikar
BUSINESS
Instagram to shut down its YouTube competitor app IGTV
Meta-owned Instagram said it is exploring more ways creators can earn money from creating reels.
BUSINESS
How major tech companies are reacting to the Russia-Ukraine conflict
Tech giants such as Meta, Google, and Twitter are facing increased pressure from both combatants to use their ubiquitous reach amid the ongoing Russia-Ukraine crisis.
STARTUP
Mobile Premier League buys Germany's GameDuell for foray into Europe, mobile free-to-play gaming
Founded in 2003, GameDuell offers more than 40 casual online skill games including community card and board games in seven languages
BUSINESS
Twitter ropes in Samiran Gupta to lead public policy efforts in India, South Asia
The Indian government has clashed with the social media firm on various issues including content moderation and free speech.
BUSINESS
Meta plans universal speech translator and digital assistant for its metaverse future
Zuckerberg expects their research will pave the way to build AI assistants that can move between virtual and physical worlds
BUSINESS
Facebook to pilot sharing of ad revenues with Reels creators
Meta is also making its short video offering Reels available across more parts of its Facebook app apart from extending it to more than 150 countries.
BUSINESS
LinkedIn brings its Creator Accelerator programme to India
India is the second-largest market for LinkedIn after the United States with more than 85 million members in the country
