Lumikai's founding GP Justin Keeling departs gaming VC firm after 5 years
Salone Sehgal, Lumikai's founding general partner, will continue to lead the early-stage gaming and interactive media firm's efforts in the future.
Dream11 parent joins the 'ghar waapsi' movement, moves domicile back to India
Dream Sports will be joining a slew of internet firms who have moved their domicile back to India such as PhonePe, Zepto, and Groww.
After NCLAT ruling, startup founders urge proactive regulation against 'dominant digital gatekeepers'
On March 28, NCLAT upheld key aspects of the CCI's antitrust order against Google's Play Store policies but set aside some directions and cut the penalty from Rs 936.44 crore to Rs 216.69 crore.
Dailyhunt parent VerSe Innovation halves EBITDA loss to Rs 710 crore in FY24
VerSe Innovation aims to achieve over 75% revenue growth in FY25, driven by its AI-first products and platforms. The company is targeting break-even in the second half of 2025
Stage raises $12.5 million funding led by Goodwater Capital, Blume Ventures
Regional streaming service Stage has around 4.4 million paying households and an annual recurring revenue (ARR) of Rs 180 crore.
Qila Games raises $1 million funding from Chimera VC, others
Qila Games aims to bridge the gap between casual and midcore games by building socially engaging experiences tailored for Indian players.
PhonePe's Indus Appstore partners Xiaomi India to bolster its homegrown Google Play challenger
Xiaomi will pre-install Indus Appstore on devices sold in India and also replace its app marketplace GetApps on existing devices
Felicity Games bags $3 million seed funding led by 3one4 Capital
Felicity Games plans to use the funds raised to expand its publishing infrastructure and deepen its relationships with Indian game studios.
Nazara Technologies backs short drama video app ReelSaga
Nazara stated that the ReelSaga app will feature hundreds of vertically shot video series serialised into several one to two minute long episodes
Gaming player OneVerse partners with online poker platform Poker Dangal, expanding access for users
Players across the OneVerse gaming platform will have access to Poker Dangal, which lets users participate in free and paid online poker tournaments.
Game publishing house 1312 Interactive bags funding from Nodwin Gaming co-founders, others
1312 Interactive plans to release 6–8 titles annually. The company has already announced three titles scheduled for launch in 2025.
Technicolor Games acquired by language services provider TransPerfect
TransPerfect will bring back all Technicolor Games India employees to its Bengaluru office, the company's largest facility, to ensure continuity of business for all clients
US Bankruptcy court finds Byju’s, Riju Ravindran, and Camshaft Capital liable for fraud
Judge John T Dorsey of the U.S. Bankruptcy Court for the District of Delaware found that the defendants engaged in a deliberate effort to misappropriate funds meant to repay Byju’s lenders.
You need a credit score of over 750 to work at Kunal Shah's Cred
Cred, which caters to India's affluent consumers, currently allows only people with a credit score of 750 and above to sign up for its product.
Delta Corp to sell Adda52 parent firm to A23 owner Head Digital Works for Rs 491 crore
Following the completion of the merger, Delta Corp will own 5.7% stake in Head Digital Works, which has over 75 million users across its online rummy and poker platforms.
Ola Electric renegotiates registration agency contracts; no impact on sales seen
In a stock exchange filing, Ola said it is discussing revising existing agreements with Rosmerta Digital Services Private Ltd and Shimnit India Private Ltd as part of a sales overhaul.
Pocket FM parent firm expands into webcomics with Pocket Toons
Pocket Toons, an AI-first comics platform, marks Pocket Entertainment’s latest move toward its ambition of becoming a full-fledged entertainment company
Kuku FM launches Kuku TV to foray into vertical micro-dramas
Kuku TV will offer short, episodic vertical micro-dramas across Hindi, Telugu, Kannada, and Bengali. Each episode will last up to 2 minutes, with over 50 episodes per series.
IPO-bound Zetwerk in talks to raise $20-30 million from family offices, HNIs
The fresh capital infusion is aimed at strengthening the company’s captable as it prepares for public market listing in near future.
Cricket NFT platform Rario to launch buyback plan on February 12
Rario is starting the buyback at the base value of the digital moments and player cards. It will be available for all users and remain open until March 20.
Ashneer Grover’s reality show, Titan Story to headline Amazon MX Player's 100 series lineup for 2025
Amazon MX Player unveiled its 2025 lineup of over 100 new shows, which will include 40 new Hindi originals and returning seasons of prominent TV series.
Gaming startup MetaShot secures Rs 11 crore funding from Sauce.vc, others
MetaShot has developed a smart metaphysical cricket bat that aims to provide consumers with a console-like gaming experience.
Skill gaming firm Head Digital Works's FY24 revenue jumps 31% to Rs 1,378 Crore
Head Digital Works, the owner of A23 Rummy and A23 Poker, made a profit of Rs 72 crore in FY24. This was despite the higher GST burden from the 28% tax slab introduced in October 2023.
NeoSapien bags Rs 80 lakh from Emcure’s Namita Thapar in Shark Tank India
Anupam Mittal, founder of Shaadi.com, also onboarded as company’s founding advisor
